Allison Landa
Cassidy Turley Hits $2B Mark in D.C. Office Investment Sales
The year-to-date figure marks a 450 percent increase in activity for the firm from mid-2010 to mid-2011.
Economy Watch: Bernanke, Want Ads
Speaking at the International Monetary Conference in Atlanta, Federal Reserve chairman Ben Bernanke acknowledged that the U.S. economy has been tepid, but also said not to worry about inflation.
CBRE’s Rudin to Depart for Brookfield
Mitch Rudin, who has served as president & CEO of the New York tri-state region for the last seven years, will leave the world of commercial real estate services to take on the role of president & CEO of U.S. commercial operations at Brookfield Office Properties.
Trade Street Acquires The Trails at Signal Mountain
The 172-unit apartment community is the investment firm’s third purchase in the city of Chattanooga, Tenn., in the last year.
Economy Watch: Jobs Figures, CRE Prices
In more unsettling employment news, the Conference Board said that its employment trends index declined for the second month in a row in May to 99.7, down from April’s revised figure of 100.1. On the other hand, the May figure is still up 5.3 percent from a year ago.
Change in the Air as REITWeek Approaches
With NAREIT’s investor’s forum on tap, several firms are making major announcements — including the departure of AvalonBay Communities Inc.’s Bryce Blair.
ProLogis, AMB Complete Merger
The combined entity is ProLogis Inc. and boasts a 600 million-square-foot global portfolio of industrial assets under management valued at $46 billion.
Economy Watch: Hiring, Non-Manufacturing Stats
Anemic hiring in May meant, essentially, that it was more of the same for the economy during the month. That is, according to the Bureau of Labor Statistics, a lot of labor indicators were “essentially unchanged”–unchanged from crummy, unfortunately.
CPE TV: The Future of Corporate Workplace
Tish Kruse, senior vice president at Jones Lang LaSalle, discusses how corporate real estate can utilize space to increase employee productivity and well-being.