Allison Landa
Economy Watch: CRE Values Spike in September
Moody’s Investors Services said on Monday that U.S. commercial property prices spiked upward 4.3 percent in September, up from an eight-year low in August.
Blackstone Wraps Up $1B Purchase of ProLogis Industrial Assets
The group of 182 premier assets, leased to more than 500 tenants, spans 28 key markets across a total of 19 states.
Land Use Approval Paves Way for 5 MSF Industrial Park in Florida’s Nassau County
Development of the industrial complex is still in the formative stages, but with land use approval in hand, TerraPointe is moving on to the next order of business. The company will develop a marketing plan and initiate talks with site selection consultants.
Economy Watch: Bernanke Says Full Speed Ahead with QE2
At the Sixth European Central Bank Central Banking Conference in Frankfurt, Germany, Federal Reserve Chairman Ben Bernanke, in ever-polite central bankese, told QE2 critics to go fly a kite.
Dear Newsletter Subscriber: As a service to our readers, Commercial Property Executive is launching this new daily e-newsletter. CPE Daily News Update will be delivered every weekday morning, offering you an overview of our most recent news coverage plus stories we’re working on, to be reported more fully as the day and the news unfold. This section, “Top Stories in Progress,” will normally contain headlines on the latest top news, which we’ll be reporting throughout the day. CPE Daily News Update will keep you up-to-date as the market changes, providing insight and perspective to help you interpret what the news…
Colliers’ “Global Property Clock”: Global Prospects Improved for 2011, Yet Guarded
Investors around the world like their chances of escaping a double-dip recession, but otherwise expectations for 2011 range all over the map, according to a new Colliers International report.
Special Report: Building Sector Will Drive Green Jobs and the Future of the Economy
“Progress is only reached by leadership. Leaders set new definitions and expectations. (They) raise the bar, and the market rises to meet it,” noted Tim Cole, chair of the USGBC executive committee, at the 2010 Greenbuild International Conference & Expo closing plenary.
Marcus & Millichap Taps Rose as Western Regional Director of National Retail Group
Rose will continue to serve as sales manager of the firm’s San Diego office.
SPECIAL REPORT: Real Estate Companies See Strong Markets Despite High Unemployment Levels
Speakers at the National Association of Real Estate Investment Trusts’ annual convention addressing the state of the economy cited improving sector fundamentals, “unprecedented” availability of capital for REITs, as well as a possibility for interest rates to rise and cap rates to fall further in the future.
Sperry Van Ness Enters Commercial Loan Sales Arena
The latest firm striving to capitalize on distressed asset sales, Sperry Van Ness has partnered with loan sale advisory services provider Benewolf.