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Investor Group Bags Enron Building for $55.5M 

Houston’s Enron Building has fetched $55.5 million from a group of investors. The 50-story glass tower was sold via private auction on Tuesday, but the...

On the Cusp of an Office Recovery? 

The third quarter brought hope to the embattled national office market: Grubb & Ellis reports that the national office market vacancy rate has stabilized...

OFFICE SQUEEZE PLAY 

Surging worker productivity is great news for the U.S. economy because ultimately it leads to job creation. But in the near term, high productivity gains...

The Dawn of a Slow Ascent? 

The chasm is no longer deepening in the U.S. office market, but the climb back to recovery could still be a long and precarious one. So say national office...

Disney Concert Hall Draws Applause in Los Angeles 

Just one month after its official opening, the $274 million Walt Disney Concert Hall in downtown Los Angeles already is being hailed as a major magnet...

Wells Poised To Buy Major Boston Office Tower 

It appears that Wells Real Estate Funds — sponsor of the Wells real estate investment trust — is the front-running bidder on a 1 million sq. ft. Boston...

Beacon Buys L.A’s Citicorp Center for $170M 

Beacon Capital Partners has acquired a prominent Los Angeles skyscraper. The Boston-based investment firm prevailed over a competitive field of bidders...

Georgia Tech Completes 1.5 Million Sq. Ft. Technology Square Project 

The Georgia Institute of Technology has completed its 1.5 million sq. ft. Technology Square development, a mixed-use, urban redevelopment project in Atlanta's...

Kincaid: EOP Moving Away from ‘Building-Centric’ Strategy 

Positioning to benefit from an economic upswing, Equity Office Properties Trust has shifted over the past two years from a "building-centric" investment...

Wells Buys Major Chicago Office Building 

Wells Real Estate Investments has bought Chicago’s 1.1 million sq. ft. Leo Burnett building for nearly $300 million. The unlisted REIT also purchased...

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