News

Economist’s View: Get Ready for a Robust Job Recovery

We believe the United States will gain 3 million to 3.5 million jobs a year in each of the next three years.

Sustainable Building Gains Ground in CRE

Is building green the path to greater profits? That’s the question developers continue to ask themselves when evaluating whether to go after Leadership in Energy and Environmental Design certification. Increasingly, the answer is yes.

Lab Supplies Provider Picks Fresno Area for New 500,000-SF West Coast Distribution Center

The company’s new facility will be operational in 2012.

HFF Arranges $79M Refinancing for Miami’s Shops at Sunset Place

The open-air Miami mall is located near U.S. Route 1 in the city’s southern area.

Morrows Tapped as Executive VP, Co-Director of Leasing for RFR Realty

He will share responsibility for overseeing RFR’s six million-square-foot commercial leasing portfolio with fellow executive vice president and co-director of leasing Richard Farley.

Land Purchase Paves Way for Rock Gaming’s $600M Cleveland Casino

Rock’s deal with Forest City involves 16 acres of land downtown in the city’s entertainment district including a parcel adjacent to Tower City Center–where Forest City owns two million square feet of commercial space–as well as a segment of the Riverview parking lot.

General Growth Says Blackstone Plans $500M Investment

General Growth filed for bankruptcy in April 2009. At the time, it listed assets of $29.6 billion and debts of $27.3 billion. Earlier this year a consortium of Blackstone, The Fairholme Fund and Pershing Square Capital Management said they would provide as much as $8.5 billion to finance the company’s bankruptcy emergence.

Supergen Inks 30,000 SF Lease Renewal at Dublin Corporate Center

The center is managed by Tishman Speyer, which said the lease renewal will retain the company’s headquarters at the office campus through year-end 2015.

Midyear Industrial Outlook: Insights from Kevin Thorpe

Cassidy Turley chief economist Kevin Thorpe offers insights into the second half 2010 industrial outlook on CPE Radio.

Rattner Joins Konover South as VP, Acquisitions

Throughout his career, Rattner has sourced and developed nearly four million square feet of retail and mixed-use projects and in 2008 founded Blue Sky Holdings, a private real estate investment advisory firm focusing on retail and multi-family acquisitions.