News
Corigin Holdings Makes Debut
Corigin is the spin-off of Coalco, which is the United States operation of international real estate firm Coalco Development.
Economy Watch: Beige Book Neither Glum Nor Glib
It’s not a double dip, just less of a recovery.
Canyon-Johnson Partners with HYM, Atlas on NorthPoint Development
The 44-acre lot will eventually house a mixed-use community.
SL Green to Trade Midtown Manhattan Office Building for $123.2M
Continuing its portfolio repositioning strategy, New York City-based SL Green Realty Corp. has inked a deal to sell the 292,000-square-foot office building at 19 West 44th Street to Deka Immobilien.
Economy Watch: CRE Prices Inch Up, Says Green Street
Green Street’s Commercial Property Price Index rose by 1 percent in August, the company said on Tuesday. Property values have now risen 25 percent from the 2009 trough, according to the index’s reckoning, which means that nearly half of the decline that occurred from 2007 to ’09 has been erased.
HFF Arranges $114M for Six-Property Industrial Portfolio
The facilities are located in Georgia, Illinois, Ohio, Pennsylvania and Texas and total 4.7 million square feet.
Denholtz Completes 311,876 SF of Leasing in Second Quarter, with Renewals Showing Particular Strength
According to Denholtz CEO Steven Denholtz, the firm is optimistic that this pace will continue.
Grubb & Ellis to Add $182M in Properties to Apartment REIT
Grubb & Ellis Apartment REIT Inc. has entered into definitive agreements to acquire nine multi-family properties from affiliates of MR Holdings, L.L.C. and substantially all the assets of Mission Residential Management, L.L.C., the property management business of Mission Residential.
Work Underway on $202.7M FDA Building Outside Washington, DC
The project is part of the General Services Administration’s nearly $1.2 billion FDA headquarters consolidation endeavor.