Nicholas Ziegler
Noble Energy Signs 497 KSF Office Lease in Houston
Approximately eight months after Trammell Crow and Principal Real Estate Investors snapped up the former Hewlett-Packard headquarters in Houston, the joint venture has secured a commitment from Noble Energy Inc. to occupy the 497,000-square-foot office building in its entirety.
Deutsche Bank's NYC HQ Gets Record-Setting Solar Array
Deutsche Bank’s Americas headquarters is about to get a little greener, as the investment firm has just completed the installation of a 122.4 kW solar photovoltaic array on the roof of its New York City office.
CBRE: Global Outlook for CRE Remains Cloudy in '12
According to a year-end report by CBRE Group, the safest real estate assets –- prime properties in prime locations -– saw the lion’s share of the activity in 2011, but it may be difficult to continue that same level of activity in the new year.
Trammell Crow, USAA Break Ground on 700 KSF Industrial Facility in Pennsylvania
Following on the heels of reports that call for an uptick in industrial activity for 2012, Trammell Crow and USAA Real Estate have announced the groundbreaking on a 700,000-square-foot Class A spec distribution facility at Mountain Creek Distribution Center in Carlisle, Pa.
Economy Watch: Economists Not Quite So Dismal About U.S. Economy
Respondents to a survey by the National Association of Business Economics were overwhelmingly positive on U.S. GDP growth. The IMF chief is urging a “firewall” in Europe to insulate bad economies. And oil was added to the list of worrisome factors after Iran implied changes may be made to the Straits of Hormuz.
The January 2012 Issue
Read through the January 2012 issue of Commercial Property Executive — browse the entire issue or just selected articles.
NorthMarq Restructures, Promotes Two to President Role
NorthMarq Capital has kicked off 2012 with some major changes at the top, as the firm has named Jeff Weidell and William Ross, who had held the respective positions of managing director and executive vice president, as presidents of the company.
PNC Bank Renews 131 KSF of New Jersey Office Space
PNC Bank has decided to stay put at its longtime digs in East Brunswick, N.J., with the signing of a 131,400-square-foot lease at Two Tower Center Blvd.
Marcus & Millichap: Rental Market to Hit New Levels in 2012
The reports on multi-family’s continued surge keep coming in, and the latest comes from Marcus & Millichap: While 2011 was a great year for the apartment sector, that momentum will likely continue in 2012 — contingent on the health of the larger economy.
Greenprint Foundation Merges into ULI
The Urban Land Institute has taken over the activities and assets of the Greenprint Foundation and transferred them into the new ULI Greenprint Center for Building Performance, the two organizations announced late last week.