News
CPE TV: Women in Real Estate: Changes and Challenges
Winners of the 2010 20 Under 40 Awards talk with CPE TV about how they got ahead and offer advice to others climbing the real estate career ladder during CREW Network’s annual Convention and Marketplace.
Economy Watch Weekly: Dees Stribling’s Summary of Top Economic News
Economy Watch reporter Dees Stribling offers insights into the top economic news of the week ending Jan. 7 and what to watch out for in the coming week.
CPE TV: Bob Bach’s Outlook for 2011
Grubb & Ellis Co. chief economist Robert Bach offers insights on CPE TV on what to expect for U.S. commercial real estate in the new year, as well as potential impacts from the European debt crisis.
Empire State Expands Green Footprint
One of the world’s most recognizable landmarks has become New York City’s largest commercial purchaser of 100 percent renewable energy.
Jones Lang LaSalle Moves into Vancouver
The financial and professional services firm is slated to open its latest Canadian office on Jan. 10. It expanded into Ottawa last year and has other offices in Toronto, Mississauga and Montreal.
Economy Watch: U.S. Unemployment Down
Economic prognosticators waited for the U.S. Bureau of Labor Statistics to release its monthly unemployment numbers. It turned out that employment increased by 103,000 in December, enough to push the official unemployment rate down to 9.4 percent from 9.8 percent. A moderately good showing, but not as many new jobs as expected.
Mixed-Use Miami Shopping Center Sells for $95.3M
Institutional investment advisor RREEF bought the nearly 360,000-square-foot London Square property from Woolbright Development Inc.
Cushman & Wakefield Brokerage Team Quits
Brokers Matthew Astrachan, Alexander Chudnoff, Paul Glickman, Mitchell Konsker and Mitti Liebersohn have parted ways with the firm approximately 14 years after having come aboard with former CEO Bruce Mosler from The Galbreath Co.
Harrison Street Launches Securities Division
The acquisition of Transwestern Securities Management, a division of Transwestern Investment Co., brings the firm to a combined assets under management of more than $2.7 billion.
Economy Watch: Major Job Growth at Last?
ADP reported that the private sector added 297,000 jobs in December. Is that a harbinger of a strong official jobs report for the month, which will soon be released by the U.S. Department of Labor? Maybe.