News
Sentinel Names Sletteland as Vice President, Marketing & Client Services
Sentinel has filled a newly created position.
SNL: U.S. Commercial Real Estate Exposure to Blockbuster Not as Widespread as Expected
SNL Real Estate found in the wake of the Chapter 11 bankruptcy protection filed yesterday that there were fewer North American publicly traded firms exposed to the video chain as a main tenant.
Economy Watch: Existing Home Sales Bounce, NAR Says
The National Association of Realtors reported on Thursday that sales of existing homes rose in August to an annualized rate of 4.13 million, up 7.6 percent from the dismal month of July, but down 19 percent compared with August 2010.
BioMed to Shell Out $298M for Two-Campus Life Science Portfolio in South San Francisco
A company spokesperson said the move is a huge strategic step to establish a more significant footprint in South San Francisco — which is one of the largest life science markets in the country.
Cushman & Wakefield Self-Storage Industry Group Adds Wells as Director
The firm’s national self-storage brokerage expert, Wells has sold more than 6 million square feet of self-storage space totaling in excess of $400 million throughout his career.
Los Angeles School District Taps Turner for $236M Multi-Campus Project
Together, the three projects Turner is managing will produce classroom space for Los Angeles County students from kindergarten through 12th grade.
Simon Kicks Off Construction of 380,000-SF Outlet Center in New Hampshire
With the economic downturn, shoppers have been frequently bypassing the traditional department store for discount properties, including outlet shopping centers like the project Simon Property Group just began developing.
Economy Watch: Top Billionaires Include a Few RE Moguls
It’s the time of the year again when Forbes magazine publishes its list of the richest Americans.
Archstone’s Neely Dies at 64
As chief development officer, Neely oversaw the firm’s national development team, which currently has a multi-billion dollar pipeline.
Economy Watch: Home Starts Go from Comatose to Less Comatose
Home building spiked upward in August by 10.5 percent compared with a very weak July, according to the latest report by the U.S. Department of Commerce on Tuesday.