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CoreNet Keynote Speaker: ‘We Have to Do More with Less’
That advice came from American urban studies theorist Richard Florida during CoreNet’s Global Summit.
Dassault Systèmes’ 320,000 SF Lease is Boston’s Biggest of 2010
The company has just signed a long-term deal to occupy 320,000 square feet of Class A office, lab and data center in Waltham, Mass.
Economy Watch: Remedies for Distress; Consumers Get More Nervous
Is creative repurposing a strategy for distressed assets? For an abandoned condo project in Chicago, the answer was “yes.”
Winthrop, Pershing to Appeal Stuy-Town Foreclosure Injunction
Winthrop Realty Trust and Pershing Square Capital Management L.P. have invested a respective $10.5 million and $36 million in Manhattan’s biggest rental complex.
Economy Watch: High, Steady Foreclosure Rate the New Normal
One in every 381 U.S. housing units received a foreclosure filing during the month of August.
Downtown L.A.’s Union Bank Plaza Fetches a Whopping $332 PSF
The unencumbered 637,300-square-foot office tower did not come cheap.
Hyundai Sticks with its California Stomping Ground for New $150M North American HQ
After shopping around for other locales to accommodate a bigger and better facility, the company has announced that it will stay put.
Economy Watch: Mortgage Walk Away? No Way
Is it right to walk away from a seriously underwater mortgage? According to a survey released by the Pew Research Center, a majority of those surveyed–59 percent–think not, deeming it “unacceptable.”
COPT Grabs Data Center in Coveted Northern Virginia Market for $115M
The REIT will further enhance the brand new facility, located 30 miles west of Washington, D.C., in Northern Virginia’s thriving data center market, by shelling out an additional $166 million to wrap up remaining development activities.
Teacher Retirement System of Texas Invests in USAA’s $546M Government Building Fund
With the system’s participation, the fund’s equity commitments now total $546 million, with the total size expected to reach $1 billion.