Archive for October 2010
Healthcare Trust to Add 960,000 SF to MOB Portfolio for $196.6M
With locations on and off hospital campuses, the MOB portfolio encompasses assets in Albany, N.Y.; North Adams, Mass.; and Temple Terrace, Fla.
Read MoreAOL to Pocket $144.5M from CB Richard Ellis Deal
The Internet services provider will sell its 700,000-square-foot Pacific Corporate Park as well as 22 acres of developable land.
Read MoreKnoll Tapped as Senior VP for KBS Capital Markets Group
He will handle broker/dealer and registered investment advisor relationships.
Read MoreEconomy Watch: Foreclosures Going Strong in 3Q
Foreclosure slowdown? What foreclosure slowdown? That’s the takeaway from Thursday’s third quarter 2010 Metropolitan Foreclosure Market Report by foreclosure specialist RealtyTrac.
Read MoreHalf-Billion in Financing Closes for 880,500-SF Government-Leased Portfolio
Funding, part of which was actually completed in late 2009, for the four-property portfolio comes in the form of a $271 million construction loan and $256 million in permanent financing.
Read MoreGovernment Takes LEED Certification Commitment Up a Notch
In an ongoing effort, dictated by President Obama to increase the federal government’s environmental friendliness, the U.S. General Services Administration has raised the sustainability standard for new government-owned real estate by pushing up the minimum requirement for all new building construction from LEED Silver to LEED Gold.
Read MoreAMB Leases 127,000 SF of Mexican Development Portfolio
The space is located at the AMB Los Altos Industrial Park in Guadalajara.
Read MoreNovartis to Shell Out $600M for Cambridge Research Headquarters Expansion
Cambridge, Massachusetts’ biggest employer is about to get even bigger.
Read MoreDPR Breaks Ground on 230,000-SF Alta Bates Patient Care Pavilion in Oakland
Slated for completion in early 2014, the $350 million building will house 238 medical/surgical and acute rehabilitation beds.
Read MoreEconomy Watch: Do Mortgage Put-Backs Mean Huge Losses for Banks?
At a hearing of the Congressional Oversight Panel, President Barack Obama and administration officials said no.
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