Commercial Real Estate News

August 19
7:27 PM wsj Dubai Corporate Probes Grow Dubai widened its probe of top corporate executives in what appears to be an effort by the government to repair the emirate's reputation. August 19
7:23 PM wsj Debt Costs Stoke Fears for Freddie Freddie Mac was forced to offer unusually rich terms in a $3 billion auction of its debt, fueling concerns about a possible bailout. August 19
6:53 PM wsj All Eyes Are on Metrovacesa-HSBC Talks Metrovacesa's struggle to save its $1.6 billion investment in HSBC's London headquarters has come to embody what property analysts and investors fear could be the next twist in ... August 19
6:48 PM wsj Skyline Gets Facelift Ahead of Asian Games Ultramodern skyscrapers, new stadiums and a 610-meter-high television and sightseeing structure are in the works in Guangzhou, China's manufacturing hub, as it prepares to host ... August 19
6:18 PM google 2007 Commercial Real Estate 101 - Business Tennessee 2007 Commercial Real Estate 101Business Tennessee, TN - 1 hour agoBy Alexei Smirnov November 2007 Hats off to Tennessee commercial real estate developers (and also ... August 19
5:31 PM wordpress Lehman Fire is Growing: More Pieces Up For Grabs UPDATE: 2008-08-19 3:25 am PST: Bloomberg reports JP Morgan analysts have released an estimated Q3 August 19
4:31 PM marketwire Dundee REIT August 2008 Monthly Distribution TORONTO, ONTARIO--(Marketwire - Aug. 19, 2008) - DUNDEE REIT (TSX:D.UN) today announced a cash distribution of $0.183 per REIT Unit, Series A for the month of August. The August ... August 19
3:00 PM wsj Housing Downturn Hits Home Depot Home Depot posted a 24% decline in net income amid continued pressure in the housing and home-improvement markets, but the retailer kept its full-year outlook unchanged. (Home ... August 19
2:58 PM bizjournals Team reports second-quarter loss eam Financial Inc. reported a second-quarter loss compared with a profit last year and said it will increase capital at its banks to address concerns from the Office of the ... August 19
2:38 PM bizjournals IPS expanding Collierville facility IPS Corp., a California-based building materials manufacturer, has expanded its distribution center in Collierville. August 19
2:25 PM bizjournals Houston home prices soar in July Houston home prices soared in July, but the local real estate market also posted its 11th consecutive month of declining sales, according to the Houston Association of Realtors. August 19
2:10 PM bizjournals New Eastside Catholic school will open on Sept. 2 Eastside Catholic School, which currently leases space from the Bellevue School District, will open its new facility on Sept. 2. August 19
1:59 PM marketwire Developers Diversified Realty Declares Third Quarter 2008 Common Share Dividend CLEVELAND, OH--(Marketwire - August 19, 2008) - Developers Diversified Realty ( NYSE : DDR ), the nation's leading owner, developer and manager of market-dominant shopping ... August 19
1:56 PM marketwire Developers Diversified Realty Declares Third Quarter 2008 Class G Preferred Share Dividend CLEVELAND, OH--(Marketwire - August 19, 2008) - Developers Diversified Realty ( NYSE : DDR ), the nation's leading owner, developer and manager of market-dominant shopping ... August 19
1:52 PM crefeed Marcus & Millichap facilitates sale of multi-family in Mesa, Ariz. Sunnybrook Partners, LLC bought a 103-unit multi-family property in Mesa, Ariz. fro $5.225 million from Sunnybrook Apartments, LLC.Richard Butler of Marcus & Millichap had the ... August 19
1:37 PM bizjournals Jeffersonville Main Street to hold walking tour Jeffersonville Main Street Inc. will hold a downtown walking tour on Friday, Aug. 22. August 19
1:29 PM crefeed Phoenix multi-family property goes for $2.23M Sunny Park, LLC bought the Solano Park Apartments, a 48-unit multi-family in Phoenix, Ariz., from Kevin Saunders for $2.23 million.Brian Smuckler of Marcus & Millichap had the ... August 19
1:27 PM bizjournals Wachovia Plaza sold to CNL as Parkway refines focus Parkway Properties Inc. sold the Wachovia Plaza in downtown St. Petersburg for $26.3 million, signaling the real estate investment trust's exit from the Pinellas business ... August 19
1:20 PM crefeed Brooklyn multi-family sells for $900K Stephen Palmese of Massey Knakal Realty Services represented the seller in the sale of a Brooklyn, N.Y., multi-family building for $900,000, or $185.18 per square foot.The ... August 19
1:14 PM google : Gatski Commercial Real Estate Services Represents Client in ... - NewsReleaseWire.com (press release) NewsReleaseWire.com (press release): Gatski Commercial Real Estate Services Represents Client in ...NewsReleaseWire.com (press release) - 6 hours agoRob Lujan, Jason Simon ... August 19
12:58 PM bizjournals Jonathan Keyser ranks among Tomorrow's Newsmakers Jonathan Keyser, a principal at Cresa Partners in Phoenix, was named one of Tomorrow's Newsmakers by Real Estate Forum, a national trade publication. Keyser, 33, was the only ... August 19
12:53 PM bizjournals Boulder real estate companies merge Two Boulder residential real estate firms — Goodacre & Co. and Meridian Properties — will merge, they announced Tuesday. August 19
12:31 PM google Jones Lang LaSalle managing director moves to Peloton Real Estate - Bizjournals.com Jones Lang LaSalle managing director moves to Peloton Real EstateBizjournals.com, NC - 7 hours agoDale Ray has left commercial real estate firm Jones Lang LaSalle to ... August 19
12:29 PM bizjournals Jones Lang LaSalle managing director moves to Peloton Real Estate Dale Ray has left commercial real estate firm Jones Lang LaSalle to join Dallas-based Peloton Real Estate Partners as a principal in the firm. August 19
12:23 PM bizjournals Rockefeller Center builder breaks ground on Chandler business park Rockefeller Group Development Corp. of New York broke ground on a master-planned business park in Chandler. Completion of the first phase of Chandler Corporate Center, located at ... August 19
12:23 PM bizjournals Real Estate Wrap: Press conference on food center set A deal to relocate South Philadelphia's Regional Food Distribution Center closed, with the state shoring up funding and working out an arrangement among the involved parties. August 19
12:20 PM feedburner Lehman To Dump $40B Worth of Real Estate Assets We wrote a piece the other day about Lehman looking to shed $14B of its $40B in real estate assets. The financial times is now reporting that Lehman is now looking to dump $40B ... August 19
12:17 PM marketwire Wesco Properties Exterior Rehabilitation of Hidden Ridge Apartments Is Coming to a Close DALLAS, TX--(Marketwire - August 19, 2008) - Wesco Properties is proud to announce the exterior rehabilitation of Hidden Ridge Apartments is coming to a close. The 14.6 acre site ... August 19
12:13 PM bizjournals SCI preparing for Phase 2 of superconductor project SCI Engineered Materials Inc. has clinched a contract with the Energy Department to help launch the second phase of a Small Business Innovation Research project. August 19
12:10 PM bizjournals Paladino OK'd for Court Street project Efforts by a downtown landlord to block the development of a neighboring project have been stymied by the Buffalo Planning Board. August 19
12:07 PM google National CREW Network Board Member Addresses Triangle Commercial ... - ClickPress (press release) National CREW Network Board Member Addresses Triangle Commercial ...ClickPress (press release), UK - 7 hours agoJill Wells Heath, president of Triangle Commercial Real ... August 19
12:04 PM bizjournals Cuomo, ISPs sign child porn accord Five Internet service providers, or ISPs, serving Western New York have signed an agreement by the state Attorney General's office to rid their servers of child pornography Web ... August 19
12:02 PM google Real estate owner in Marinette files for Chap. 11 - Chicago Tribune Real estate owner in Marinette files for Chap. 11Chicago Tribune, United States - 7 hours agoWarren Marcus LLC owns Dunlap Square, which consists of five residential and ... August 19
11:58 AM bizjournals Comfort Systems USA acquires Delaware company Heating, ventilation and air conditioning provider Comfort Systems USA Inc. has acquired Delcard Associates Inc. (FIX) August 19
11:23 AM google The Inland Real Estate Group of Companies, Inc. Announces ... - MarketWatch The Inland Real Estate Group of Companies, Inc. Announces ...MarketWatch - 8 hours agoInland-sponsored companies own and manage in total over 100 million square feet of ... August 19
10:42 AM bizjournals United Stationers consolidation spurs $5.9M sale S&K Properties Inc. of Miami, a food distributor, has snapped up a warehouse in Sabal Park. August 19
10:36 AM businessweek Is the Trump Organization too late for India's real estate party? Donald Trump Jr., The Donald's 30-year-old son and the Trump Organization USA's executive vice president of development and acquisitions, recently announced that he's launching a ... August 19
10:24 AM commercialpropertynews Port of Corpus Christi Opens Trade Lines to Venezuela Establishing a dedicated monthly shipping service between Texas's Port of Corpus Christi and Venezuela opens a two-way trade route that hadn't existed at the port before. The ... August 19
10:06 AM bizjournals Equity Office sends kids to camp Equity Office Properties trust donated $10,000 to a summer camp for youth of Boston’s at-risk neighborhoods. August 19
9:57 AM bizjournals Clough, Harbour & Associates opens offices in Baltimore, Pittsburgh Clough, Harbour & Associates is opening two new offices in two states. August 19
9:53 AM google Commercial real-estate group to host meeting next week in Orlando - Orlando Sentinel Commercial real-estate group to host meeting next week in OrlandoOrlando Sentinel, FL - 10 hours agoBill Owen, president and CEO of Real Estate Research Consultants in ... August 19
9:45 AM commercialpropertynews Ramco-Gershenson Adds Shopping Center to Florida JV Ramco-Gershenson Properties Trust has sold the 330,000-square-foot Plaza at Delray shopping center in Delray Beach, Fla., to its $450 million joint venture with the state of ... August 19
9:40 AM wsj Tycoon Finds Opportunity in China Property Slump Hong Kong property tycoon Vincent Lo made his name and fortune riding China's real-estate boom, and now he sees opportunity as the market stumbles. August 19
8:45 AM marketwire Eleven More Glenborough Properties Earn EPA's ENERGY STAR Label SAN MATEO, CA--(Marketwire - August 19, 2008) - Glenborough, LLC, a San Mateo, CA real estate investment and management company specializing in office properties, is pleased to ... August 19
8:34 AM marketwire TREB: GTA Resale Housing Remains Stable in August TORONTO, ONTARIO--(Marketwire - Aug. 19, 2008) - The Greater Toronto Area (GTA) resale housing market remained stable throughout the first half of this month, Toronto Real Estate ... August 19
8:15 AM marketwire WL Ross & W. P. Carey Provide $128 Million in New Capital to Wagon plc NEW YORK, NY--(Marketwire - August 19, 2008) - Investment firms WL Ross & Co. LLC and W. P. Carey & Co. LLC ( NYSE : WPC ) have completed their respective investments in European ... August 19
8:10 AM bizjournals Platform Realty Group joins NAI Global Platform Realty Group in Albany, N.Y., has joined NAI Global, one of the world's largest commercial real estate service providers. August 19
8:05 AM marketwire NWP Services Corporation Announces Agreement With BroadRamp Inc. BroadRamp's Managed Content Delivery System Will Be Used to Deliver Advanced Training Technologies and Services to NWP Customers August 19
6:00 AM marketwire Stone Mart Invites Luxury Design Buyers to Exclusive Showroom NORTH HOLLYWOOD, CA--(Marketwire - August 19, 2008) - With the growing trend of natural and exotic stone in home decorating and interior design, Stone Mart is inviting luxury ... August 19
5:56 AM commercialpropertynews Fowler Buys 420-Unit Atlanta M-F, Plans Upgrades Conifer Crossing, a 420-unit multi-family property in Norcross, Ga., has traded hands for $31.75 million. The buyer was San Francisco-based Fowler Property Acquisitions; the ...