Allison Landa
JLL: Government to Lead 2010 Office Market Recovery
In a research report, Jones Lang LaSalle predicts that the U.S. federal government will lead this year’s recovery in office space.
Consumer Confidence on the Rebound in March
After a decrease last month, the Conference Board Consumer Confidence Index took a decided turn for the better in March.
USAA Lands 1.2M-SF Build-to-Suit Industrial Property in Atlanta
The struggling Atlanta industrial market is about to get a big infusion of space, but fortunately, it will not spike the vacancy rate.
Healthcare Trust, Plaza Companies Join Forces on Phoenix MOB Portfolio
Healthcare Trust of America and Plaza Companies are working together on more than 641,000 square feet of medical office buildings in the Phoenix metro area – a continuation of Healthcare Trust’s aggressive expansion efforts in Arizona.
Stan Johnson Opens First Chicago Office
In a continuing expansion initiative nationwide, real estate brokerage and advisory firm Stan Johnson Co. has opened a new regional office in Chicago.
BRAC Activities Spur JV Plan for 4.5M-SF Business Park in Huntsville, Ala.
To accommodate the impending space requirements near the U.S. Army’s Redstone Arsenal in Northern Alabama, Columbia, Md.-based Corporate Office Properties Trust has created a joint venture with Montgomery, Ala.-based real estate concern Jim Wilson & Associates L.L.C. to develop the 4.6 million-square-foot Redstone Gateway business park in Huntsville.
Economy Watch: Florida Condo Project Taps Pent-up Demand
If the experience of a recent non-foreclosure residential property auction in Florida is an indication, there’s pent-up demand for properties out there, at least for well-located and even upscale properties. The trick is figuring out a way to tap the demand in spite of hesitation among buyers who have the wherewithal to buy.
Analysis: WTC Deal Ties Buildout to Market Conditions
Thursday’s landmark deal breaking the long deadlock over the financing of the World Trade Center redevelopment provides for flexibility in the face of Manhattan’s uncertain office market.
Healthcare Trust Snaps Up $45M MOB Portfolio
Healthcare Trust of America has just laid down $45 million for a five-building, 260,500 square-foot medical office portfolio in Evansville and Newburgh, Inc.,
KBS REIT Buys Three Buildings Totaling 283,559 SF
KBS REIT II has added three Class A industrial/flex space buildings totaling 283,559 square feet to its portfolio. All three buildings are located at the Plano Business Park in Plano, Tex., 19 miles north of downtown Dallas.