Business Specialties
Colliers’ “Global Property Clock”: Global Prospects Improved for 2011, Yet Guarded
Investors around the world like their chances of escaping a double-dip recession, but otherwise expectations for 2011 range all over the map, according to a new Colliers International report.
Emerging Trends: The Era of Less
Emerging Trends Leaders Jonathan Miller, Mitchell Roschelle and Stephen Blank discuss the 2010 results and what they implicate for the commercial real estate business during the Urban Land Institute 2010 Fall Meeting.
SPECIAL REPORT: Real Estate Companies See Strong Markets Despite High Unemployment Levels
Speakers at the National Association of Real Estate Investment Trusts’ annual convention addressing the state of the economy cited improving sector fundamentals, “unprecedented” availability of capital for REITs, as well as a possibility for interest rates to rise and cap rates to fall further in the future.
Sperry Van Ness Enters Commercial Loan Sales Arena
The latest firm striving to capitalize on distressed asset sales, Sperry Van Ness has partnered with loan sale advisory services provider Benewolf.
PwC Leases 209,000 SF in Long-Vacant Silicon Valley Office Building
Dust away the cobwebs at the Sobrato Building in the Silicon Valley city of San Jose. PricewaterhouseCoopers L.L.P., or PwC US, has staked a claim to more than half of the 380,000-square-foot office tower, which has sat vacant since its 2002 completion.
Grubb & Ellis 2011 Forecast: Slow Clearing
A steady, though often grindingly slow, recovery, improved access to capital and vexing valuation challenges await in 2011, according to Grubb & Ellis Co.’s industry forecast.
$80M Charleston Place Loan One of This Year’s Largest Single-Asset Financings
According to real estate investment banking firm Sonnenblick-Eichner Co., which orchestrated the loan on behalf of Orient-Express Hotels Ltd., the deal marks one of the largest single asset bank financings for a hotel property year to date.
With BRAC Calling, Ground Breaks on $60M Office Project Near Baltimore-Area Army Base
The construction of Aberdeen Corporate Park, a 265,900 square-foot mixed-use office complex near the U.S. Army’s Aberdeen Proving Ground in Aberdeen, Md., has gotten underway.
Ground Breaks on $300M George W. Bush Presidential Center in Dallas
Designed by celebrated architect Robert A.M. Stern, the Bush Center will mark the country’s 13th presidential complex.
Gulfstream to Spread its Wings in Savannah with $500M Expansion
The company will execute its multifaceted development endeavor over a period of seven years.