Business Specialties
Cancer Claims Liberty’s Gildea
Gildea died at the age of 59 after receiving yearlong treatment for lung cancer.
In a Flash, Sares-Regis Lands Beer Distributor for 280,000-SF Anaheim Industrial Building
Just three months after acquiring the distribution center, Sares-Regis Group has filled the formerly vacant building in one fell swoop.
Environmental Impact Statement Advances $1B Mixed-Use Compound in Hawaii
DW ‘Aina Le’a Development L.L.C., developer of the $1 billion The Villages of ‘Aina Le’a on the South Kohala Coast in Hawaii, can rest easy now that the County of Hawaii Planning Department has accepted the final Environmental Impact Statement for the master-planned community.
Bulgarian Experience: Tishman International Builds at Sofia Airport
Tishman International Cos. chairman Alan Levy takes CPE senior editor Paul Rosta behind the scenes of the development of Sofia Airport Center.
Douglas Emmett Snags Premier 310,100-SF Los Angeles Office Property for $111M
Approximately one month after a bankruptcy court gave the green light for Douglas Emmett Inc. to acquire the 310,000-square-foot Wilshire Bundy Plaza in West Los Angeles, the deal is now done.
Ventas Portfolio, Profile to Swell with $3.1B Atria Purchase
A new deal is turning heads in the seniors housing market, a deal that will put Ventas Inc. at the very head of the table: namely, the healthcare REIT’s definitive agreement to acquire 118 premier properties from Atria Senior Living Group, the nation’s fourth-largest assisted living property operator, in a transaction valued at $3.1 billion.
Pacific Newport Rakes in $85.3M in Southern California’s Largest Industrial Sale of 2010
Harbinger of big change or no, Southern California has just seen its largest industrial property transaction of the year to date with Pacific Newport Properties Inc.’s disposition of Mira Loma Distribution Center.
Economy Watch: FHFA Estimates Fannie, Freddie’s Ultimate Cost
The Federal Housing Finance Agency said on Thursday that the two GSEs might need as much as a combined $363 billion from the federal government through 2013, while the Conference Board Leading Economic Index for the United States increased 0.3 percent in September to 110.4, and chief administrative officer Robert Rizzo or two other top officials of Bell, Calif., have been charged with misappropriating of $180,000 of affordable housing money.
Global Investment Could Hit $290B for Year: Jones Lang LaSalle
By year’s end, global transaction value could jump 35 percent to 40 percent compared to 2009, Jones Lang LaSalle estimates.
Capital Markets Veteran Makes Move to Cushman & Wakefield
Gregory Vorwaller comes to Cushman from CB Richard Ellis, where he served for 17 years.