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By blackswanblog.com

Issue Archive

Issue Archive

MetLife sells 501 Boylston St. 

MetLife Inc. has sold the 530,000 sq. ft. 501 Boylston St. building in Boston to locally based Beacon Capital Partners LLC for a reported $130 million....

Wells Makes Its Move 

Wells Real Estate Funds has spent most of its 18-year history flying under the radar buying nondescript, single-tenant suburban office buildings. Now,...

A view from the summit 

The problems facing commercial real estate CEOs at the dawn of 2003 are daunting. To begin with, job growth the engine that drives the industry is sputtering....

Wells buys office tower for $157 million 

Capping off a year-long acquisition spree, Atlanta-based Wells Real Estate Investment Trust has closed on a $157 million Class-A office tower in Glendale,...

Lower Manhattan law firm renews lease of 250,000 sq. ft. 

International law firm Cahill Gordon Reindel has renewed its lease for 250,000 sq. ft. in 80 Pine St. in Lower Manhattan. through 2020. The law firm has...

Sotheby’s HQ sells for $175 million 

Embattled auction house Sotheby’s has sold its York Avenue headquarters in Manhattan for $175 million to German real estate firm RFR Holding. Sotheby’s...

Midtown Manhattan office building could fetch $1 billion 

Another Class-A office building in Midtown Manhattan is on the market. Located on 52nd Street in the heart of Midtown near Rockefeller Center, 666 Fifth...

Mack-Cali scoops up Philly office property 

Mack-Cali Realty Corp. (NYSE: CLI) has purchased a 175,000 sq. ft. Class-A office building in suburban Philadelphia for $26.3 million. The 4-story property,...

San Diego tower sells for $24.2M 

VCC Investors LP, an investment arm of Orange County, Calif.-based Birtcher Properties, has purchased the 170,000 sq. ft. Valley Corporate Center in the...

Boston Properties to sell Midtown building 

Boston Properties is under contract to sell 875 Third Ave. for $370 million. Global Holdings Inc. has agreed to buy the 29-story, Class-A office building....

John Hancock to sell Boston trophy tower 

John Hancock Financial Services is selling its landmark John Hancock Tower and two other Boston headquarters buildings. The insurer, one of the nation’s...

Office Properties: The Worst Could Be Ahead 

After hotels, the office sector is the biggest victim of the soft economy, according to Chicago-based research firm Real Estate Research Corp. (RERC)....

Zell: Still the Contrarian 

Remember a year ago, when economic pundits predicted a V-shaped recession with a dramatic rebound in the first half of 2002? Well, Sam Zell didn't put...

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  • Podcast

    Commercial Real Estate: Hey, Save a Piece of Stimulus Pie for Me!

    Following a year that saw the near meltdown of the banking system, 2010 could shape up to be a better year for investors, though perhaps not as robust as some would wish.

  • Podcast

    Is the Recession Over?

    Rick Mattoon, senior economist with the Federal Reserve Bank of Chicago, shares the latest numbers from the Fed's National Activity Index that show the economy is experiencing a fairly sharp rebound from the bottom of the Great Recession.

  • Webinars

    2010: The Year of the Sale - Leaseback

    This webinar provides brokers, bankers, developers, CFOs and real estate executives with a blueprint for accessing the many facets of the sale-leaseback model.


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