Business Specialties
Cole Real Estate Investments Purchases Sanofi-Aventis Building for $72.3M
A subsidiary of Cole Corporate Income Trust Inc. acquired Sanofi-Aventis’ property at 55 Corporate Drive in Bridgewater, N.J., from Mack-Cali Realty Corp. for approximately $72.3 million.
DLA Piper Special Report: CMBS Back, REITs Up, Liquidity Plentiful in Capital Markets
Speaking at the DLA Piper 11th Global Real Estate Summit in Chicago yesterday, industry movers and shakers remained only cautiously optimistic about the future of commercial real estate, despite several indicators pointing to a rebirth of the field.
Columbia Pacific, Long Market Property Buy San Francisco’s 995 Market St.
The new owners are banking on the “Twitter effect” to attract the city’s creative and high-tech set to the 105-year-old office building.
Behringer Harvard, CT Realty Sell Inland Empire Industrial Asset
Behringer Harvard and CT Realty had completed their strategy of increasing occupancy at the property, which the joint venture acquired in 2010.
Seeking to Boost Transparency, IPA Issues Standards for Non-Traded REITs
The Investment Program Association contends that the guidelines will boost confidence in non-listed investment vehicles by providing greater uniformity to financial reporting and valuation.
Beacon JV Buys Minnesota’s Highest Skyscraper for $253M
A Class A office property just traded for a quarter billion dollars, and it didn’t happen in New York City or San Francisco or Washington, D.C.
Borderfree.com Expands, Extends Lease at NYC’s 292 Madison Ave.
E-commerce firm Borderfree.com expanded its quarters and extended its lease at 292 Madison Ave. for an additional seven years.
DLA Piper: CRE Execs Feeling Bullish in 2014
Low interest rates, abundant capital and a slowly improving economy are among the top reasons why 85 percent of commercial real estate executives interviewed for the 2013 DLA Piper State of the Market Survey said they are feeling bullish about the sector for the next year.
Cathy Marcus on Core Investment
Cathy Marcus, managing director & senior portfolio manager with Prudential Real Estate Investors, offers her insights into the investment outlook and what core investors are targeting.
Cathy Marcus on the Millennials
Cathy Marcus, managing director & senior portfolio manager with Prudential Real Estate Investors, discusses how the Millennials will impact commercial and residential properties.