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Property



Houston's Economy Barrels Along 
Apr 1, 2007
Oil. Black Gold. Texas Tea. No matter how you describe it, the energy industry is once again propelling Houston's metro office market to heights not seen since the last oil boom some 25 years ago....

New Heights for Windy City? 
Apr 1, 2007
Since the Sears Tower in Chicago's Loop lost its title as the world's tallest building a decade ago, big skyscraper proposals have popped up periodically with the promise of winning back the honor....

Carving Up Equity Office Properties 
Mar 1, 2007
Once the ink dried on the second-largest leveraged buyout in U.S. history, it didn't take long for The Blackstone Group to chop up its newly acquired portfolio from Equity Office Properties (EOP)....

Rebound in Beantown 
Feb 1, 2007
When Boston's Hancock Center fetched $1.3 billion in December, the trophy sale of New England's tallest office tower brought the year to a fitting close....

Small Banks, Big Risks 
Feb 1, 2007
America's 8,000 community and midsize commercial banks which account for the majority of all commercial real estate loan transactions in this country have bulked up on loans to the point that federal regulators are threatening to increase their oversight...

Biotech Clouds Don't Obscure San Diego's Sunny Future 
Feb 1, 2007
Nothing in life is perfect, but the suburban office markets of San Diego County have little to complain about at present in spite of the tepid biotech sector, once the crown jewel of the area's economy...

Tokyo Economy Takes Flight 
Feb 1, 2007
Kazaam! Pow! Boof! After a decade when the game seemed permanently over, someone finally hit the reset button on the Japanese economy, and the Tokyo office market is once again heading up, up, and away....

Eiffel's New Rival 
Feb 1, 2007
The Eiffel Tower could soon have company in the Parisian stratosphere by an office edifice estimated to cost $1.2 billion. ...

Hooked on Medical Office 
Jan 1, 2007
Carl Ohly was a young Atlanta accountant looking for a business to invest in back in 1972 when a friend told him about a medical office building project that had run aground in mid-construction...

Office Construction Mounts 
Jan 1, 2007
To many real estate investors, Atlanta's office market remains an enigma. Despite a vacancy rate hovering near 20%, 2.4 million sq. ft. of new office space was under construction in the third quarter of 2006...

Office Market Obstacles Ahead 
Dec 1, 2006
Reaping the rewards of rising rents and positive net absorption, office owners are in good spirits these days. Asking rents posted a 1.8% increase in the third quarter...

Twin Cities Harbor Hidden Office Buys 
Dec 1, 2006
On the surface, the Minneapolis-St. Paul office market appears to be plodding along at a steady, yet unremarkable clip. But a closer look reveals a market that is bubbling with activity...

Trouble Ahead for Office Market? 
Nov 1, 2006
Office investors have had plenty of reason to celebrate of late. Soaring construction costs have kept new supply in check while effective rents in the third quarter shot up by 2.3%, the biggest hike in six years, reports real estate data firm Reis...

Sunshine State Properties Sold 
Aug 22, 2006
A pair of Florida office/flex properties has sold for a combined $32 million. New York City-based Praedium Group sold both properties to Leasco Management Co. ...

Wells Sells Tampa Office Building for $31.2M 
Jun 4, 2004
One of the nation’s most prolific buyers of office buildings is now a seller. Wells Real Estate Investment Trust has sold a four-story, Class-A office...

Office Development Wave Hits D.C. 
Jun 1, 2004
Washington, D.C. owes its status as the nation's tightest office market to a vibrant local job market. The metro area produced nearly 37,000 new jobs...

Bright Development for Downtown Atlanta 
Mar 1, 2004
When utility powerhouse Southern Co. announced in late January that it had completed a deal to keep its headquarters in downtown Atlanta, Mayor Shirley...

Office Developers Learn to Cope 
Mar 1, 2004
Since the tech bubble burst in 2001, Corporate America has downsized and right-sized and generally dragged down demand for office space, leaving developers...

MINNEAPOLIS MIXED-USE PROJECT MAXIMIZES ITS NATURAL ATTRACTIONS 
Mar 1, 2004
The Ryan Cos. U.S. Inc. has broken ground on a 273-acre mixed-use project outside of Minneapolis. The project, Dean Lakes, will be finished by the spring...

Time Warner Center Opens Retail, Restaurant Portions 
Feb 6, 2004
The retail and restaurant components of the $1.7 billion Time Warner Center were unveiled to the public yesterday morning during a ribbon-cutting ceremony....

Live from MBA/CREF 2004: Don’t Expect an Office ‘Surge’ Until ’05 
Feb 4, 2004
ORLANDO -- It will be 2005 before the office market sees a surge of demand, according to a panel of industry experts at the Mortgage Bankers Association’s...

Tishman Speyer to Buy the ‘Lipstick Building’ 
Feb 2, 2004
Tishman Speyer Properties has contracted to buy 885 Third Avenue, the midtown office tower known as the "Lipstick Building." The building is being purchased...

In Progress: Broadway 655 
Feb 1, 2004
DEVELOPERS: Lankford & Associates Inc. LOCATION: San Diego SIZE: 410,000 sq. ft. COST: $140 million COMPLETION: Mid-2005 BUZZ: The 23-story tower is the...

Private Office Developers Blaze New Trail in Europe 
Feb 1, 2004
When Hines opened its first Moscow office in 1992, the company behind many of the world's finest modern office buildings operated out of a construction...

PricewaterhouseCoopers Subleases 800,000 Sq. Ft. in Manhattan’s 300 Madison 
Jan 19, 2004
PricewaterhouseCoopers has signed a long-term sublease for 800,000 sq. ft. at Brookfield Properties’ 300 Madison Avenue building. The $800 million deal...

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