Grubb & Ellis Healthcare REIT II Acquires 10 Medical Office Buildings in Four States
Grubb & Ellis Healthcare REIT II Inc. has acquired the Dixie-Lobo Medical Office Building Portfolio of eight properties consisting of 10 medical office buildings located in Arkansas, Louisiana, New Mexico and Texas. ...
HFF Arranges $65.7 Million Joint Venture for Three Office Buildings in Maryland
Holliday Fenoglio Fowler (HFF) has arranged a joint venture valued at $65.7 million for three Class-A office properties in Howard County, Md....
Moves to Cut Budget Deficit Could Hurt D.C. Office Market
Washington, D.C. has become a favored target for institutional investors, including sovereign wealth funds, pension funds, real estate investment trusts and insurance companies. ...
Major Coup for Developer in Twin Cities
The credit crunch could not have come at a worse time for the 1,303-unit Riverside Plaza in Minneapolis. In 2007, efforts were well under way to raise...
Next Office Building Boom Still Years Away
In most postwar U.S. recessions, real estate has led the economy into recovery. Not this time. Housing is still scraping along its cyclical bottom and...
Amazon Boasts New Headquarters
It has been a long journey from the garage of Jeff Bezos, the founder of Amazon, to the gleaming, 1.9 million sq. ft. campus the book behemoth occupies...
New Houston Office Tower Breaks Cover
Who says there’s no new office building construction in the U.S.?...
CB Richard Ellis Wins Assignment to Sell Trophy Office Tower in Chicago
The third largest office tower in downtown Chicago, 311 S. Wacker Drive, is on the selling block. ...
KBS REIT II Buys Trophy West Palm Beach Office Tower
KBS Real Estate Investment Trust II (KBS REIT II), a non-traded real estate investment trust, has agreed to acquire City Place Tower, a prestigious 18-story office building in West Palm Beach, Fla., for $126.5 million, plus closing costs....
Office Investors Buy Vacancy in a Risky Bet on Higher Yields
Buying office vacancy has become the next frontier in a rejuvenated investment sales market, an almost incomprehensible notion among most real estate investors a year ago. ...
NREI Names Ten to Watch for 2011
The recession is not quite flashing in the rear-view mirror, but intrepid executives across the commercial real estate spectrum are charging ahead, creating new companies, forming joint ventures and buying properties — and not just at distressed prices....
Brookfield Office Properties Names Ronne Hackett Head of U.S. Development
Veronica W. “Ronne” Hackett has joined Brookfield Office Properties (NYSE, TSX: BPO) as senior vice president of development for U.S. commercial operations. ...
Charlotte’s Power Players: Energy-Related Firms Wield New Clout?
One of Charlotte's newest office towers serves as a striking symbol of the upheaval in the banking industry that transformed this Southern city into the...
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