News
CREW Report: Billingsley Says Global Recovery Afoot, but Staggering
Billingsley, the North American director and head of research at RREEF Alternative Investments, spoke at the 2010 Commercial Real Estate Women Network Convention & Marketplace in San Francisco.
GGP to Exit Bankruptcy in Early November
General Growth Properties Inc.’s improbable fight to survive is about to become a reality.
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.
Economy Watch: FBI Kicks Off Foreclosure Probe
Federal criminal investigation is under way; the Fed’s latest Beige Book brings good news and bad news.
JV Purchase with KTC Properties Allows Golub to Regain 484,000-SF Chicago Office Building
KTC Properties joined forces with Golub and braved a heated bidding process to acquire the building through the purchase of the first mortgage and mezzanine loans from Anglo Irish Bank.
Voit Sells 157,300-SF Industrial Property in Southern California
The property was sold to Australian real estate investment trust DEXUS Property Group.
SSA’s New Build-to-Suit Deal Marks Baltimore’s Largest-Ever Office Lease
A bevy of officials from the city level to the federal government came together to announce publicly the U.S. General Services Administration’s selection of the JBG Companies to develop a $150 million build-to-suit office facility for the Social Security Administration.
Economy Watch: Home Starts Eke Out Gain in September
It isn’t a spike or a jump or a surge, but U.S. starts did increase in September by 0.3 percent compared with August, according to the United States Census Bureau. That overall rate was driven by a more sizable 4.4 percent increase in single-family properties, with the more volatile multifamily sector dropping 9.7 percent from August.
CREW Study: More Women in CRE, Wage Gaps Remain
In 2005, women made up 36 percent of the commercial real estate field. Today, that figure has jumped seven percentage points to 43 percent.
Investcorp Closes $410M Sale of Premier Seattle-Area Microsoft Office Towers
Acting through its real estate group, Investcorp has made a few significant plays this year, and now the company and has just completed the disposition of the 750,000 square-foot Bravern Office Commons in Bellevue, Washington, in a transaction with a client acting under the advisement of Principal Global Investors.