Allison Landa
Knoll Tapped as Senior VP for KBS Capital Markets Group
He will handle broker/dealer and registered investment advisor relationships.
Economy 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.
Half-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.
Government 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.
AMB Leases 127,000 SF of Mexican Development Portfolio
The space is located at the AMB Los Altos Industrial Park in Guadalajara.
Novartis to Shell Out $600M for Cambridge Research Headquarters Expansion
Cambridge, Massachusetts’ biggest employer is about to get even bigger.
DPR 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.
Economy 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.
Developer Lines Up Harrah’s to Replace Wynn on $400M Philly Casino Project
Philadelphia Entertainment and Development Partners’ plans for the construction of a new casino in Philadelphia are on the verge of clearing a major hurdle–financing.
McCall & Almy Arranges 280,000-SF Boston Lease
The space will serve as MFS Investment Management’s world headquarters.