Archive for August 2011
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Transwestern Wins Two Service Contracts for 5.1 MSF in San Fran Bay Area
Transwestern has secured two assignments from Westcore Properties and USAA Real Estate Co. involving an aggregate 5.1 million square feet of properties in the San Francisco Bay area.
Read MoreInnkeepers Files Complaint Against Chatham, Cerberus Over $1.1B Deal
Just steps from emerging from Chapter 11, Innkeepers suffered a major blow when a joint venture of Chatham and Cerberus Series terminated a $1.1 billion contract, but Innkeepers plans to fight the hit in court.
Read MoreJLL Tapped for KeyCorp’s Greening Initiatives
Hot off the heels of achieving LEED Gold for the Sunnyvale, Calif., headquarters of search giant Yahoo, Jones Lang LaSalle has been tapped to serve as climate-and-energy-sustainability advisor for Cleveland-based KeyCorp.
Read MoreEconomy Watch: Good News for Housing, Bad News for Consumer Confidence
First the good news: The National Home Price Index increased by 3.6 percent in 2Q11. The bad: Consumers are lacking in confidence in a big way at the moment. And Nevada is going after Bank of America for allegedly lying about its intent to help distressed homeowners.
Read MoreThe Urban Redevelopment Authority’s Riverfront Properties
by Liviu Oltean, Associate Editor
The Urban Redevelopment Authority is searching for developers for an important riverfront property between the Rivers Casino and the West End Bridge, the Pittsburgh Business Times reports. In a recent board meeting, URA approved the clearing […]
Cole Grabs 11 PetSmart Properties for $74M
After purchasing the PetSmart headquarters in Phoenix last week for $102 million, Cole Real Estate has added 11 PetSmart store properties to its portfolio for a purchase price of $74 million.
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