Zell: Still the Contrarian 

Dec 1, 2002, By Matt Valley

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...

Forecast 2003 

Dec 1, 2002, Matt Valley

As 2002 limps across the finish line, the men and women who run the commercial real estate industry are looking to the Middle East for hints of what 2003...

A Real Downtown in Downtown LA 

Dec 1, 2002, Beth Mattson-Teig

Forty years ago, historian Lewis Mumford famously dismissed Los Angeles as 100 suburbs in search of a city. Forty years earlier before the freeways and...

Office Properties: The Worst Could Be Ahead 

Dec 1, 2002, Jessica Miller

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

Wells buys $345 million D.C. office complex 

Nov 25, 2002, By Parke Chapman

Wells Real Estate Investment Trust has acquired a pair of Class-A, office buildings in the heart of Washington, D.C. for $345 million, its single largest...

Joint venture to target distressed assets 

Nov 18, 2002, By Parke Chapman

Two investment firms are collaborating with Cushman & Wakefield to form a new real estate venture. Goldman Sachs’ Whitehall Funds and Sienna Capital LLC...

Report: Manhattan office sales volume up 14% 

Nov 5, 2002, By Parke Chapman

Manhattan’s office sales market is booming despite a sluggish leasing climate that has kept vacancy high. A new report from New York-based Insignia/ESG...

Office Fundamentals Continue to Crumble 

Nov 1, 2002, Jessica Miller

Climbing vacancies and a sluggish leasing market continue to dog the national office market. The national vacancy rate for CBDs registered 14.4% in the...

Fifth Avenue office tower sells for $611 per sq. ft. 

Oct 30, 2002, By Parke Chapman

A Midtown Manhattan office building has changed hands for a steep $611 per sq. ft. Chicago-based Walton Street Capital, which sponsors private equity...

Tenants sign on for 250,000 sq. ft. in Lower Manhattan 

Oct 16, 2002, From staff and wire reports

Toronto-based Brookfield Properties Corp. has completed two lease agreements totaling more than 250,000 sq. ft. in One Liberty Plaza in Lower Manhattan....

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