Nicholas Ziegler
Newmark Knight Frank to Lease, Manage 2 MSF NYC Office Portfolio
Newmark Knight Frank just added 2 million square feet of responsibilities to its plate. The real estate services firm has won a leasing and management assignment for a 19-property Manhattan office portfolio owned by The Rosen Group Inc.
421,900-SF Suburban D.C. Office Complex Trades for $125.7M
Centerpointe I & II, a Class A office property in Fairfax, Va., has come the ownership of Carr Properties Income Trust, courtesy of a transaction valued at $125.7 million, including $3 million of closing-cost credits for capital improvements.
Ventas Purchases Cogdell, CEO Sees "Increased Demand" for Medical-Office Buildings
In a deal that was pegged at $4.25 per share in a cash transaction, Ventas Inc. has acquired Cogdell Spencer Inc. and its 72 medical-office buildings around the country for what will aggregate to approximately $760 million to $770 million.
Economy Watch: Home Prices Edge Down
In October, 19 out of 20 markets saw home prices decline. But despite the sluggish market, consumer confidence is on the rise. Sears Holdings, after a lackluster holiday season, will be closing approximately 120 stores.
Trepp: Banking Industry To Be Slow Going in 2012
The banking industry should not hold its breath for a rollicking good time in 2012, as indicated by Trepp’s 2012 U.S. Banking Sector Outlook.
PwC: Investor Interest in Offices, Apartments to Gain Steam Next Year
Investor interest in the office market will gain some steam in 2012, as per results of the PricewaterhouseCoopers’ Real Estate Investor Survey, and the apartment sector will continue to attract a great deal of attention — as well as development dollars.
M-M Properties Takes Dallas' 1.2 MSF Plaza of the Americas
In a deal reaching a reported $100 million, M-M Properties — partnering with an institutional client of Invesco Real Estate — has acquired Dallas’ 1.2 million-square-foot Plaza of the Americas.
Economy Watch: Retailers Push Hard Before the New Year
With Christmas over, retailers are pushing hard for year-end sales numbers. And new-home sales inched upward in November by 1.6 percent.
Dees Stribling's Economy Watch Weekly
A surprising round of good news ahead of the holidays. CPE‘s economic analyst Dees Stribling gives his podcast for the week ending Dec. 23, 2011.
Chicago's 896 KSF 321 N. Clark Office Tower Certified LEED Gold
Hines has just achieved LEED Gold for Existing Buildings certification for its 896,500-square-foot office building at 321 North Clark at Riverfront Plaza in Chicago.