December 30, 2011
The notable Irene apartment building in Maryland was recently discovered to be under contract to be transferred for $215 million, according to The Washington Post.
December 30, 2011
A recent announcement from Taubman Centers revealed the commercial real estate investment trust made three major retail purchases from an Illinois real estate company.
December 30, 2011
With the U.S. commercial real estate market struggling over the previous two years, 2011 began strongly.
December 29, 2011
Commercial real estate developer Sheldon Solow recently received a $625 million loan for a debt refinancing on a Manhattan-area tower, according to Bloomberg.
December 29, 2011
The commercial real estate market may be improving, as the total cost of properties in foreclosure, default or any other distress dropped in October, according to Mike Donnelly in an article in The Washington Post.
December 29, 2011
A recent announcement from commercial real estate investment firm M-M Properties revealed the company's purchase of a Dallas-area plaza for $100 million.
December 28, 2011
Financial services firm Jones Lang LaSalle recently noted in a report that healthcare reform will affect the financial stability of hospitals and healthcare systems across the United States.
December 28, 2011
A recent announcement from Chesapeake Lodging Trust revealed it had purchased a Manhattan hotel for $52.2 million.
December 28, 2011
Brookfield Office Properties recently announced its sale of 53 State Street in Boston for a price of $610 million.
December 27, 2011
Real estate investment trust UDR recently announced it made a joint purchase of a Washington, D.C. apartment property for $154 million.
December 23, 2011
A recent announcement from American Realty Healthcare Trust showed the organization recently closed two transactions for two U.S.-based medical office buildings.
December 23, 2011
A recent announcement looks to clear the final hurdle to build the Dubai Maritime City, which may be the largest development of its kind, according to Abu Dhabi publication, The National.
December 23, 2011
The Thomas Properties Group recently revealed than an affiliate of the real estate company sold a Fairfax, Virginia property for an approximate price tag of $128.7 million.
December 22, 2011
A recent series of purchases by commercial real estate company Manulife was worth approximately $555 million.
December 22, 2011
Real estate investment trust EastGroup Properties recently announced its purchase of a large portfolio of Tampa industrial buildings for $55.4 million.
December 22, 2011
A recent report from Brandywine Realty Trust revealed it joined with Current Creek Investments, a subsidiary of Allstate, to purchase three office properties in the Washington, D.C. area.
December 21, 2011
A recent survey from PwC showed that the commercial real estate market improved as the year ended, and many investors may continue this through 2012.
December 20, 2011
A recent agreement between real estate investment trust Vornado and Kushner Cos., keeps current an investment at 666 Fifth Avenue in New York City.
December 20, 2011
The Goodman Group recently announced its final purchase of 2011, which is approximately 110,000 square meters of commercial real estate space.
December 20, 2011
RioCan Real Estate Investment Trust recently revealed that for the 2011 calendar year, it purchased 38 properties for $1.1 billion.
December 19, 2011
A recent report from commercial real estate analysis company IPD showed that commercial real estate activity in the U.K. declined for the first time in more than two years.
December 19, 2011
A recent announcement from Hammerson plc revealed that it is selling one of its properties to St. Martins Property Investments Limited, for a price of £176 million (USD $273.1 million).
December 16, 2011
H&R Real Estate Investment Trust recently announced that along with its partner, H&R Finance Trust, that it will sell $125 million in units to a consortium in order to partially fund the purchase of Hess Tower.
December 16, 2011
A recent announcement from Behringer Harvard Multifamily REIT noted it will partner with a client working with the management firm Heitman to purchase a portfolio of multifamily communities across the United States.
December 16, 2011
A recent report from Moody's showed that defaults on commercial mortgages will increase in Europe next year.
December 15, 2011
A recent announcement from Whiterock Real Estate Investment Trust revealed the company's plan to purchase nine office properties in Edmonton, Alberta, for a total of $108 million.
December 15, 2011
A recent announcement from Goodman Group noted that its partnership with the Canada Pension Plan Investment Board for developments in China will raise their funding to USD $500 million.
December 15, 2011
A recent report from Jones Lang LaSalle noted that the commercial real estate market should improve in 2012, but it may not be by much.
December 14, 2011
A recent announcement from Liberty Property Trust unveiled information about the company's $50 million purchase of an office building in Washington, D.C.
December 14, 2011
A recent announcement from apartment investment company Archstone revealed the details of its $131 million purchase of Eastbridge Landing, an apartment complex in New York City.
December 14, 2011
Lehman Brothers Holdings may ask a bankruptcy court to make a $1.3 billion purchase of an additional stake in Archstone, which is already its largest asset, according to Bloomberg.
December 13, 2011
A consortium led by Brookfield Office Properties purchased an office building at 1801 California Street in Denver for a price of $215 million.
December 13, 2011
A recent report from the Building Owners and Managers Association International showed that New York was the priciest commercial real estate market in the United States.
December 13, 2011
A recent announcement from Ivanhoe Cambridge revealed the Canadian real estate company completed a transaction for San Jose rental complex The Park Kiely for $235 million.
December 12, 2011
With a significant amount of loans for the hotel industry due in the next 24 months, lenders are scrambling to stop foreclosures on multiple properties, according to Bloomberg.
December 12, 2011
A recent report from the Mortgage Bankers Association showed that mortgage delinquency rates for the commercial real estate and multifamily sectors in the U.S. did not change much in the third quarter.
December 12, 2011
A recent announcement from Investa Office Fund outlined the company's agreement regarding the transaction of its interest in the Homer Building in Washington, D.C.
December 09, 2011
A recent announcement from real estate developer Xinyuan revealed the company purchased a large piece of land in China's Henan Province.
December 08, 2011
Kennedy Wilson, an investment and services firm specializing in international real estate, recently revealed it had finalized the purchase of a British loan portfolio for $1.8 billion.
December 08, 2011
A recent report from Jones Lang LaSalle showed that while retail sales are increasing due to improved consumer confidence, the sector may struggle to make significant progress over the next 12 months.
December 08, 2011
Shell Oil Company recently extended a lease in Houston that is the largest lease for a commercial property in 2011, according to an announcement by Hines.
December 07, 2011
A recent announcement from Jones Lang LaSalle showed that it plans to drop energy usage massively at various buildings it runs.
December 07, 2011
While the real estate market has been hurt by a lack of new employment, the commercial sector has done well.
December 06, 2011
The RioCan Real Estate Investment Trust recently announced it purchased the Sheppard Centre, as well as the Alamo Ranch.
December 06, 2011
The Healthcare of Ontario Pension Plan recently purchased 33 acres of land and plans to create office space in the area, according to commercial real estate service Avison Young.
December 06, 2011
The Hess Tower is reportedly on the verge of being sold to a Canadian real estate investment trust, according to the Houston Business Journal.
December 05, 2011
A recent study from CBRE found that global industrial rents grew during 2011, and should continue to rise over the next 24 months.
December 05, 2011
A recent announcement from Grubb & Ellis Healthcare REIT II outlined its intent to purchase a series of medical office buildings across the United States.
December 02, 2011
With higher than expected retail sales during Black Friday surprising market experts, there is hope that this could lessen the commercial real estate vacancy problem in some retail centers, according to MarketWatch.
December 01, 2011
Commercial real estate firm Holliday Fenoglio Fowler recently announced the sale of a multi-housing community in the River North neighborhood of Chicago for $90 million, according to a company release.
November 30, 2011
Harvest Properties announced the signing of Avaya to a significant lease agreement.
November 30, 2011
Malkin Holdings, the agency that manages the famous 102-story Empire State Building, is considering making the property the center of a new public real estate investment trust early next year
November 30, 2011
In an unstable economy, location is increasingly essential to the survival of commercial real estate investment firms.
November 30, 2011
Global economic concerns have stalled commercial real estate activity in some areas of the globe and due to amendments within the property market, real estate activity in China will be reduced.
November 30, 2011
Normandy Real Estate Partners has laid plans to acquire 1370 Broadway in New York City for $125 million.
November 30, 2011
Job creation and economic growth over the next year will boost the commercial real estate market in the United States during 2012.
November 29, 2011
Low rental rates and a teetering economy can sometimes make it difficult for investors to convert them into condominiums, but this also gives way for great commercial real estate deals for investors.
November 29, 2011
Penzance, a private real estate investment firm, announced it has bought the infamous Watergate office property.
November 29, 2011
Based on Cushman & Wakefield's 2012 Office Outlook, Canadian commercial real estate transactions in the office sector are projected to slow down during the middle stages of 2012, but eventually pick up by the end of the year.
November 29, 2011
Golub & Company and BlackRock have now sold the 22 West Washington office property in Chicago for $183.5 million to Prudential Real Estate Investors.
November 29, 2011
European banks are lending funds to investors to acquire commercial portfolios in hopes of selling distressed assets because of increasingly stringent regulations which are hampering growth, Bloomberg reports.
November 29, 2011
A healthier Canadian economy during 2011 has driven hotel real estate sales forward and projections for year-end transactions within the sector are estimated at $1 billion, according to Colliers International Hotels.
November 28, 2011
Although the instability of the economy has hindered national commercial real estate sales relative to the market's peak right before the recession of 2008.
November 28, 2011
Moody's/REAL National All Property Price Index dropped 1.4 percent during September, noting a decline in overall U.S. commercial real estate prices.
November 28, 2011
In an effort to accumulate portfolios in South Africa, real estate agencies have invested billions in non-leased office properties.
November 23, 2011
Due to regulatory changes in the bank industry, Deutsche Bank is considering to sell most or all of its 516 billion euro ($690 billion USD) asset management division, which would include RREEF.
November 23, 2011
Even through global economic instability, and an overall decline in commercial real estate transactions worldwide over the past few years, Kuwait managed to show growth during September.
November 22, 2011
Standard Life Investments and Scottish Widows Investment Partnership are increasing commercial property investments in hopes the projections of higher rental rates in London and its surrounding suburbs are true, Bloomberg reports.
November 21, 2011
Blackstone Group announced plans to acquire a 16-office building portfolio valued at approximately $800 million.
November 21, 2011
Since 2005, leasing opportunities for U.S. shopping centers has been relatively abundant, but for the first time in more than 6 years, availability will decline next year as a result of a reinvigorated economy, CBRE Group explains.
November 21, 2011
Australia's Leighton Properties announced the sale of its new office tower in Ipswich to Cromwell for $93 million.
November 21, 2011
Feeling the pressure to cut property debt, Spanish banks have approximately ?30 billion ($41 billion USD) of unsellable real estate, Bloomberg reveals.
November 18, 2011
Based on a study the Royal Institution of Chartered Surveyors, India is facing a real estate and construction crisis.
November 18, 2011
Inland Western Retail announced the acquisition of 1890 Ranch for $97.6 million through a joint venture with RioCan.
November 18, 2011
Fisher Communications announced an agreement to sell Fisher Plaza for $160 million to Hines Global.
November 17, 2011
Proposals up for debate leading into the 2012 election could weigh heavy on the future of the commercial real estate industry, but experts suggest real change may not happen until afterward, National Real Estate Investor reports.
November 17, 2011
Multi-Employer Property Trust announced with its advisor, Bentall Kennedy, that it has committed more than $100 million in equity to develop a 35-story, 165-unit apartment complex in Manhattan.
November 16, 2011
Based on Jones Lang LaSalle's annual Law Firm Office Perspective report, the unstable United States economy has hampered the legal sector, forcing numerous firms to downsize office space.
November 16, 2011
The European debt crisis burdened UK capital growth and the total return of 0.6 percent for October was primarily stimulated by income, according to the IPD UK Monthly Index.
November 16, 2011
Taiwan's commercial property sales during the fourth quarter could reach NT$45 billion (USD $1.49 billion), which would mark a year-high figure in large part due to the increased demand from domestic life insurance agencies, Tapei Times reports.
November 15, 2011
Holliday Fenoglio Fowler announced a $115 million refinancing for 980 Madison Avenue in Manhattan.
November 14, 2011
According to Jones Lang LaSalle Hotels Hotel Investor Sentiment Survey, the EMEA hotel market declined in the second and third quarter, but the following six months should show an increase in trading activity.
November 14, 2011
Office rentals in Asia-Pacific rose at approximately twice the international pace during the third quarter as a result of increased capital in China, Jones Lang LaSalle said in its Global Market Perspective Third Quarter 2011 report.
November 11, 2011
Based on a report by Savills, New York City is again the number one leader in commercial real estate investing.
November 11, 2011
Hines Global announced the acquisition of the Campus at Marlborough in Massachusetts from Bel Marlborough I for $103 million.
November 10, 2011
U.S. real estate investment trusts with substantial capital are renovating buildings while raising rents instead of acquiring new properties, Bloomberg reports.
November 09, 2011
Fir Tree Partners announced the close of its $628 million committed capital Real Estate Opportunity Fund II, which surpassed its original target by $128 million.
November 09, 2011
New York City Mayor Michael Bloomberg was on hand as the Gotham organization broke ground on an affordable housing complex on the Far West Side of Manhattan, which will be the largest construction project on the island.
November 08, 2011
Prudential Mortgage Capital Company and Northwestern Mutual Real Estate Investments together provided a $200 million loan for Santa Monica, California-based real estate investment trust The Macerich Company.
November 08, 2011
Holliday Fenoglio Fowler announced the sale of a 16-property self storage portfolio in Connecticut, New York and Pennsylvania.
November 08, 2011
On behalf of its European Retail Property Fund, Herald, Henderson Global Investors announced the acquisition of Galerie des Ailes in Le Blanc Mesnil, France, and Real Hypermarket and Gallery in Dreieich, Germany, for 100 million euros ($137.5 million USD).
November 07, 2011
The Q3 IPD U.K. Quarterly Property Index explains the struggling economy has resulted in a deteriorating value across the commercial property market.
November 07, 2011
Real estate developers in the Washington, D.C. area are planning to build office properties speculatively, though numerous investors are awaiting bank loans, The Washington Post reports.
November 04, 2011
Based on the Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations by the Mortgage Bankers Association, commercial and multifamily mortgage loan originations during the third quarter of 2011 were 98 percent higher than the same time last year.
November 04, 2011
The Oak Point 55-and-over residential complex in Middleboro, Massachusetts, was sold to Hometown America for $55 million, The Enterprise reports.
November 03, 2011
Based on RICS' third quarter 2011 Global Commercial Property Survey, the global real estate market is showing signs of the effects of a softer macroeconomic climate.
November 03, 2011
Harrison Street Real Estate Capital announced the acquisition of E-Quest Portfolio, a portfolio with eight senior housing properties in Houston and Oklahoma City, Oklahoma, for approximately $125 million.
November 02, 2011
Faris Lee Investments announced the sale of The District at Green Valley Ranch by LNR Partners for $79.3 million to Vestar Development and Rockwood Capital.
November 02, 2011
In its Third Quarter 2011 North America Retail Highlights report, Colliers International revealed that the national retail real estate sector will close out with a slow growth period, as investors, developers and retailers hold back their investments.
November 02, 2011
MetLife recently announced that it had granted a total of $725 million in financing for a pair of Manhattan offices.
October 31, 2011
Spanish commercial real estate transactions are seeing decade lows and Bloomberg suggests a recovery may take more than a year following the European sovereign debt crisis.
October 31, 2011
Homeowners and families facing default on mortgages may eventually become renters.
October 31, 2011
Through the debt crisis and economic fragility of Europe has played a role, commercial real estate transactions rose in the third quarter to ?28.8 billion ($40.3 billion USD), Cushman & Wakefield reports.
October 28, 2011
The Real Estate Roundtable's recent Sentiment Index of commercial real estate executives declined for the second straight quarter.
October 28, 2011
Chatham Lodging Trust and Cerberus Capital management have announced the completed acquisition of 64 hotels from Innkeepers USA Trust affiliates for $1.02 billion.
October 28, 2011
Alexandria Real Estate Equities announced the groundbreaking of Alexandria Center, a $500 million, 1.73 million square-foot science and technology campus in Cambridge, Massachusetts.
October 28, 2011
Bentall Kennedy and Multi-Employer Property Trust announced the acquisition of two retail properties in the Washington, D.C. region for approximately $122.6 million.
October 28, 2011
The largest retirement manager for United States teachers, TIAA-CREF, announced an agreement to acquire a mall in Munich, Germany for ?415 million ($573 million USD), Bloomberg reports.
October 27, 2011
Marriot International announced an agreement to acquire Manhattan's historic Clock Tower building from Africa Israel USA for $165 million, The Wall Street Journal reports.
October 27, 2011
JCR Capital, a Denver-based fund manager revealed it has an agreement to originate and manage commercial real estate bridge loans in a $100 million account for an investor.
October 27, 2011
The purchasing arm of The Inland Real Estate Group of Companies announced it has acquired a five-property portfolio from NewQuest Properties in Houston and League City, Texas for $172 million.
October 27, 2011
Brookfield Asset Management and a Dubai government investment branch will begin a $1 billion fund to acquire real estate properties in Dubai, United Arab Emirates following a price decrease of more than half since 2008.
October 26, 2011
Based on the Emerging Trends in Real Estate 2012 Forecast by PwC US and Urban Land Institute, the commercial real estate market in the U.S. will take a long time to recover even with an increased availability of capital.
October 26, 2011
Inland Western Retail Real Estate Trust announced the acquisition of 1890 Ranch for approximately $97.6 million in a joint venture with RioCan Real Estate Investment Trust.
October 26, 2011
TRECAP is taking full advantage of the high demand for multifamily properties and has sold an apartment complex in San Clemente, California for $95 million. The per-unit sale came out to approximately $260,000.
October 25, 2011
With financially distressed properties accounting for a smaller share of transactions, U.S. commercial property prices climbed in August for the fourth straight month, Moody's Investors Service reports.
October 25, 2011
Demand from publicly traded investors has surged property prices and made the development of new hotels a cheaper option in New York City, Bloomberg reports.
October 24, 2011
Although sovereign debt has put stress on the housing market in recent years, the global commercial real estate market is beginning to show positive signs, Deloitte reports.
October 21, 2011
Duke Realty Corporation announced an agreement to sell a 10.1 million square-foot portfolio of suburban commercial realty in seven markets across the Southern and Midwest regions to an affiliate of Blackstone Real Estate Partners VII.
October 21, 2011
Kennedy Wilson, an international real estate investment and services firm, announced it has completed the transaction of $111 million to acquire three commercial real estate properties in the Los Angeles area.
October 20, 2011
Brookfield Office Properties announced the sale of Newport Tower in Jersey City, New Jersey to Multi-Employer Property Trust for $377.5 million. This marks the largest single office asset sale in the history of the state.
October 20, 2011
Chairman and CEO of Avison Young Mark Rose announced Tricor Pacific Capital made an equity investment of $40 million into Avison Young's common stock to continue funding growth and expansion within the real estate firm.
October 19, 2011
Blackstone Group's Brixmor Property Group announced a plan to spend $291 million for commercial real estate redevelopments, Bloomberg reports.
October 19, 2011
Commercial property in the United Kingdom had a total return rate of 1.9 percent during the third quarter of 2011, IPD reports.
October 18, 2011
The New York City commercial property sales dropped 25 percent during the third quarter following a three -year high, according to Massey Knakal Realty Services.
October 18, 2011
General Growth Properties announced that over the past three months it's sold three assets for $280 million, the most recent of which is the famous Faneuil Hall Marketplace in Boston, Massachusetts for $140 million.
October 17, 2011
General Growth Properties announced the refinancing of four retail centers amounting to $966 million in new mortgages.
October 17, 2011
Avison Young principal and managing director of the Atlanta sector, Steve Dils, announced his agency's acquisition of Barry Real Estate Companies' third-party business unit.
October 14, 2011
Donald Trump will acquire Miami's Doral Golf Resort & Spa, which had previously been put into bankruptcy, for $170 million.
October 13, 2011
Year-to-date, direct commercial real estate investment volumes in Asia Pacific markets have increased approximately 10 percent, according to Jones Lang LaSalle.
October 12, 2011
The U.S. office market has shown continued improvements in office leasing fundamentals even with a struggling economy.
October 12, 2011
Clarion Partners announced the acquisition of a Class-A, 586-unit California apartment portfolio for $100 million.
October 12, 2011
Cluttons, a real estate agency that has had a dedicated presence in the Middle East since 1976, announced that commercial real estate in Dubai improved last quarter.
October 12, 2011
New fund combines closed-end funds to create the largest private open-end fund for retail properties in Asia
October 11, 2011
Ho Chi Minh City office rents could recover by the end of 2012, following the opening of the city's tallest commercial building along with a lack of supply.
October 11, 2011
Commercial real estate investors may have reason to worry regarding China's potential residential property market bubble during a time in which developments are increasing, Reuters reports.
October 10, 2011
Morgans Hotel Group announced a joint venture has agreed to sell its 50 percent share of Sanderson and St Martins Lane hotels for £195 million (approx. $295 million USD) to Capital Hill Hotels Limited
October 10, 2011
Crescent Real Estate Holdings sold its 24 percent stake of six Texas office properties valued at approximately $2 billion to J.P. Morgan Asset Management, Bloomberg reports.
October 07, 2011
TIAA-CREF and CBL & Associates Properties announced a $1.09 billion real estate joint venture to invest in shopping malls.
October 07, 2011
Although landlords had a 6.19 million square-foot increase of occupied space to finish out the fourth quarter, and U.S. office rents rose to an average of $22.39 per square foot, the highest such figure since the fourth quarter of 2009, based on statistics revealed by Reis.
October 07, 2011
Grubb & Ellis Healthcare REIT II announced an agreement to purchase the Southeastern Skilled Nursing Facility Portfolio, which is comprised of 10 skilled nursing facilities in Alabama, Georgia, Louisiana and Tennessee with a total worth of $166.5 million.
October 07, 2011
Arlington Business Parks Partnership fund announced the sale of Verizon's 392,000 square-foot office headquarters at Reading International Business Park in the UK to RREEF.
October 06, 2011
New York City and London were rated by Cushman & Wakefield as the two most attractive commercial real estate cities in the world.
October 06, 2011
Approximately 9.4 million square feet of commercial real estate in the office market was absorbed in the United States during the third quarter of 2011, bringing the year-to-date total to more than 24.5 million square feet.
October 05, 2011
An increase in revenue is expected within the real estate market in a year, but most feel an economic recovery will take years, according to a survey of commercial real estate executives by KPMG.
October 05, 2011
Cushman & Wakefield announced the third quarter statistics for Manhattan commercial real estate sales which showed an increase in leasing activity for office space.
October 04, 2011
The Healthcare of Ontario Pension Plan and Meyer Bergman acquired two retail properties in the Czech Republic for approximately CAD $402 million (USD $378 million).
October 04, 2011
Taubman Centers announced plans to purchase The Mall at Green Hills and The Gardens on El Paseo/El Paseo Village from Davis Street Properties.
October 03, 2011
Jupiter Hotels Limited announced the acquisition of a 24-hotel portfolio from the administrators of Jarvis Hotels Limited.
October 03, 2011
SL Green Realty announced it's made a venture with Stonehenge Partners to acquire eight multifamily and retail properties in New York City for $416 million.
September 30, 2011
Even through the turmoil of recent events in the Middle East and parts of North Africa has caused some instability, commercial real estate opportunities rose in those regions
September 30, 2011
General Growth Properties and Canada Pension Plan Investment Board announced a partnership to acquire Plaza Frontenac and jointly own the Saint Louis Galleria. Both properties are major malls in the Saint Louis metropolitan area.
September 30, 2011
Savanna, a real estate private equity firm based in New York, acquired 31 Penn Plaza in Manhattan for just over $130 million and intends to spend approximately $26 million on renovations.
September 30, 2011
The high tech industry job growth rate has increased four times faster than the national average since February 2010.
September 30, 2011
DTZ Research revealed statistics that show an overall decrease in capital for real estate investments.
September 30, 2011
Tishman Speyer Properties has sold a 45-story office property in downtown Chicago to Multi-Employer Property Trust for $217.5 million.
September 30, 2011
MetLife announced that it closed a $300 million loan for Bank of America Center in San Francisco and a $250 million loan for Washington Square Building in Washington, D.C.
September 30, 2011
Foreign investments in the Australian commercial real estate market have reached a level the country hasn't seen since the 1990s, according to CB Richard Ellis.
September 29, 2011
Blackstone Group is selling its stake in Shanghai's Channel 1 shopping center for $229 million to Hong Kong's New World Development, The Economic Times reports.
September 29, 2011
The Blackstone Group will buy 36 United States shopping centers from Equity One for $473.1 million. Equity announced the sale on September 26.
September 29, 2011
For Britain, 2008 was an extremely rough year, as commercial real estate prices dropped 44 percent primarily due to the United States subprime mortgage crisis, Interactive Investor reports.
September 28, 2011
Hotels in Dubai, United Arab Emirates have consistently proven to be the most valuable assets to the city's real estate market because of the influx of tourism and high occupancy rate, based on a study by Jones La LaSalle.
September 28, 2011
Parkway Properties announced the upcoming sale of 111 East Wacker Drive in Chicago, Illinois for $150.6 million.
September 27, 2011
Major real estate agencies recently made bids for a 45-story commercial retail property in Midtown, New York.
September 27, 2011
Equity Real Investment Trust Saul Centers announced the purchase of three shopping centers in metropolitan Washington, D.C. and Baltimore.
September 26, 2011
Sam Zell, a billionaire and chairman of Chicago-based Equity International, stated at a press conference that the commercial real estate market could experience a lull over the next few years.
September 26, 2011
During the first half of 2011, U.S. commercial property sales skyrocketed and were being acquired at a rate 107 percent higher than the same period last year.
September 23, 2011
A new report shows that commercial and multifamily borrowing increased for the first time in nearly two years.
September 23, 2011
European lenders are holding back from investing in commercial property loans, forcing investors to look for other methods of financing, The Wall Street Journal reports.
September 23, 2011
Moody's Investor's Service reports that for the third consecutive month, U.S. commercial real estate prices rose due to a jump in the sales of smaller properties.
September 22, 2011
Demand for shopping center developments of the United Kingdom is projected to weaken, according to Cushman & Wakefield.
September 22, 2011
CommonWealth REIT announced its plans to sell 13 suburban commercial properties for $167 million.
September 22, 2011
American Realty Capital Healthcare Trust, Inc. announced the acquisition of three properties for $60.9 million from healthcare facilities. The acquisitions increase ARC Healthcare's portfolio to $68.9 million.
September 21, 2011
The partially nationalized British bank Lloyds is looking to sell a number of commercial real estate loans.
September 21, 2011
American Spectrum Realty. a Houston-based real estate investment agency, has sold 7700 Irvine Center, also named The Yardhouse Building, for $56.5 million.
September 21, 2011
According Cushman & Wakefield, suburban commercial real estate demand has increased within major Canadian markets.
September 20, 2011
The Polish State Railways announced three plots are now up for sale in the center of Warsaw, Poland, Cushman & Wakefield reports.
September 20, 2011
Although the second quarter of 2011 showed an increase in commercial real estate sales, the activity since July has stagnated. What was initially thought of as a rebound year, may be slowly leveling off, The Economic Times reports.
September 20, 2011
Homburg Canada Real Estate Investment Trust announced an agreement to attain a 100 percent interest of 29 neighborhood shopping centers, of which 24 are leased by Jean Couto Group.
September 19, 2011
AREA Property Partners has announced the sale of 33 Arch Street in Boston, Massachusetts to TIAA-CREF for $366 million.
September 16, 2011
The greater number of industrial real estate sales over the past year may be an indication of economic recovery in the United States, The New York Times reports.
September 16, 2011
The international real estate market is still reeling from global economic stagnancy, but this allows agencies to make low-risk, high-reward investments.
September 15, 2011
The National Basketball Association's Orlando Magic announced its plans to build a $100 million complex in downtown Orlando, the Orlando Business Journal reports.
September 14, 2011
Recent statistics from Vancouver, British Columbia show that multifamily real estate investments are on the rise, according to Avison Young.
September 14, 2011
The Meridian Group has sold Three Bethesda Metro Center to Brookfield Office Properties for $150.1 million.
September 14, 2011
Korean Teachers Credit Union, The Korean Federation of Community Credit Cooperatives and Gaw Capital Partners have purchased Three First National Plaza on 70 West Madison in Chicago, Illinois for approximately $349.3 million.
September 13, 2011
Based on increasing demand, DTZ's Asia Pacific value index rose from 65 in the first quarter of 2011 to 70 in the second quarter, DTZ reports.
September 13, 2011
During the second quarter of 2011, top-level office rents rose in Europe, in what may be an immediate sign of economic revival.
September 13, 2011
The largest insurance firm in Europe, Allianz, bought 80 percent of Skyline Plaza's mall in Frankfurt, Germany.
September 12, 2011
On behalf of 600 West Chicago Associates LLC., Holliday Fenoglio Fowler announced the sale of 600 West Chicago of Chicago, Illinois.
September 12, 2011
Two multifamily properties were recently sold in Atlanta, Georgia, which may be a sign of progress in a down market, GlobeSt reports.
September 09, 2011
Ten years after the events of 9/11, the building of a new World Trade Center will assuredly create a mass of interest among businesses looking to expand their commercial real estate footprint, The Street reports.
September 09, 2011
The Goodman Group recently hosted a topping-out ceremony to celebrate Interlink, a warehouse and export development center in the Tsing Yi port district in Hong Kong.
September 08, 2011
China HGS Real Estate has announced its intentions to construct a major residential real estate property in Southern China in continuation of its Mingzhu Beiyuan Project.
September 08, 2011
The economic rollercoaster over the past couple years made it unlikely that the real estate firm Hines could follow through on a high-rise office building near Bryant Park in New York City, The New York Times Reports.
September 08, 2011
Even though location may be everything in real estate, today's economy has businesses searching for ways to cut costs and prevent layoffs.
September 07, 2011
Washington Real Estate Investment Trust recently made three commercial property sales worth more than $235 million to AREA property partners and the Adler Group.
September 06, 2011
Ten years removed from the events of 9/11, workplaces across the country are still feeling the effects, according to a study by CoreNet Global.
September 06, 2011
A recent report finds multifamily rents in Dubai are beginning to show some stability as the rate of rent declines has begun to slow.
September 06, 2011
While the current global economic situation has had an impact on the commercial real estate market as a whole, a new report says prime retail locations are continuing to see strong demand.
September 02, 2011
An update to French property tax rules is making the outlook of the market increasingly favorable, PropertyWire reports. However, it doesn't come without some critiques.
September 02, 2011
Due to a large number of lease renewals anticipated to come to the market in the next five years, landlords left with vacant space would be advised to take the opportunity to improve the energy performance of their property.
September 01, 2011
Analysts say investor demand for distressed commercial properties increased sharply during the second quarter of the year.
August 31, 2011
Experts say demand for commercial properties in Sweden continues to be relatively strong, although the residential market remains slightly more uncertain.
August 31, 2011
While the commercial real estate market in Asia dealt with the impact of the tsunami which struck Japan in March, CB Richard Ellis says Australia emerged as the leader in commercial real estate investment during the second quarter of the year.
August 30, 2011
The British Columbia Investment Management Corporation has announced plans for the construction of 745 Thurlow, a new AAA office tower to be built in downtown Vancouver.
August 29, 2011
Jones Lang LaSalle's New York Capital Markets team has announced the sale of 1552 Broadway for the Riese Organization, a retail property in Times Square, for $136,550,000.
August 26, 2011
Repots say The Lionstone Group, along with the Teachers Retirement System of Texas, has purchased Keystone Technology Park in Durham, North Carolina.
August 26, 2011
Recent reports say Blue Back Square, a high-end office and retail complex located in West Hartford, Connecticut, is being put up for sale as part of Ronus Properties' liquidation of its U.S. real estate assets.
August 25, 2011
The National Association of Realtors says the recent slowdown in economic and job growth in the U.S. has forced the group to reduce some growth estimates, although it still expects to see some improvements this year.
August 24, 2011
Hersha Hospitality Trust recently announced it has agreed to sell 18 of its hotel properties to an affiliate of Starwood Capital Group for roughly $155 million.
August 24, 2011
HFF recently announced it had arranged for $230 million in financing to acquire the Landmark Center in Boston.
August 23, 2011
As the global economic situation remains somewhat unsettled, a new report says that many areas in Latin America offer strong growth opportunities in commercial real estate.
August 23, 2011
Investors in commercial real estate began looking past trophy properties in many major U.S. cities during the month of June, which helped prices to firm up along the bottom and lead to an overall price gain.
August 19, 2011
As many Americans are opting to rent, rather than purchase a home, apartment buildings are becoming increasingly popular and profitable.
August 18, 2011
Deloitte & Touche's "Commercial Real Estate Outlook: Top Five Issues in 2011" report, found that alternative financing sources and loan restructuring are helping to fuel the industry's growth recovery.
August 18, 2011
The four-season, $1 billion Beijing Secret Garden project is currently being developed by an international team of planning and construction experts.
August 17, 2011
HFF, working on behalf of Lowe Enterprises, has announced the $118 million refinancing of Century Center I and II, located in Crystal City, Virginia.
August 16, 2011
As the U.S. and international stock markets continue to remain in turmoil, many investors have turned their attention to the commercial real estate market in the Asia Pacific.
August 15, 2011
Capital One, which purchased ING Direct USA for $9 billion in stock and cash in June, has moved to acquire the operations and eight offices of HSBC, reports Delaware Online.
August 15, 2011
The earnings of Cathay Pacific Airways Ltd., the biggest airline in Hong Kong, have declined over the past six months, Bloomberg reports.
August 15, 2011
As the country continues to reel following the reduction of its sovereign credit rating by the Standard and Poor's rating agency, the U.S. stock market has become increasingly volatile over recent weeks.
August 15, 2011
Multifamily lender Walker & Dunlop reported a slight drop in profits during the second quarter as it reported $1.3 billion in originations - its highest quarterly number ever.
August 15, 2011
New York City is seeing a boom in Chinese investment in commercial real estate, as Chinese banks have invested over $1 billion into real estate loans in the city, according to The New York Times.
August 15, 2011
A new environmentally-friendly extension is being made to Sandton City in South Africa, SA Commercial Prop News reports.
August 15, 2011
Google has announced lease of new offices in Sunnyvale, in Silicon Valley.
August 15, 2011
As commercial real estate investors had been expanding into non-traditional cities such as Dallas and Minneapolis, some experts believe that the shift will be refocused on prime cities in coming months.
August 11, 2011
The market for commercial-mortgage-backed securities, which has been showing significant changes, has been shaping the behavior of real estate companies in the U.S., according to to the Wall Street Journal.
August 11, 2011
The Bank of Ireland, which has been experiencing financial difficulties, has successfully sold its U.S. commercial real-estate loan portfolio at near face value to Wells Fargo, according to the Wall Street Journal.
August 11, 2011
Wrightwood Capital, a debt capital provider that services the U.S. commercial real estate market, has been acquired by Ares Management.
August 11, 2011
In a joint effort between Marriott International and Granite Broadway Development construction will soon begin on the Courtyard and Residence Inn Manhattan/Central Park in the heart of New York City.
August 10, 2011
In what is being heralded as the country's largest commercial real estate sale of the year, two Rotorua hotels in New Zealand have been sold for $43 million.
August 10, 2011
Newport Beach, California-based investment firm MIG Real Estate, has recently purchased four office complexes and a shopping center in Southern Nevada.
August 10, 2011
The Moinian Group and UDR Inc., the third-largest publicy traded U.S. apartment space owner, have agreed on a sale of Dwell95, an apartment tower in downtown Manhattan, for $325 million.
August 10, 2011
Two major office buildings in Seattle have been purchased in a $125 million commercial real estate deal.
August 09, 2011
In a deal that is being heralded by both involved parties, Investa Property Group has agreed to terms with Prudential Financial Incorporated's real estate investment unit to sell a half stake in a North Sydney building, valued at A$230 million.
August 09, 2011
In 2007, Savills reports Taiwan's commercial real estate market sales peaked at NT$119 billion and dropped significantly over the course of the next two years, falling to NT$52.2 billion and NT$98 billion, respectively.
August 09, 2011
As the commercial real estate market continues to slowly recover in the Americas, Asian-based investors see this as an opportune time to purchase properties.
August 09, 2011
Under a new agreement, Washington Real Estate Investment Trust (WRIT) will be selling its commercial real estate portfolio and two office assets covering nearly 3.1 million square feet.
August 08, 2011
With less than a year to go until the 2012 Summer Olympics get underway, the construction around the Olympic Village is bustling and beginning to finish final stages of development.
August 08, 2011
According to recent reports, the Hong Kong Monetary Authority is planning to buy $500 million worth of commercial real estate property in London and Paris.
August 08, 2011
Following the United States' near credit default, the Standard & Poor lowered the country's credit rating from AAA to AA+ for the first time ever.
August 08, 2011
Blackstone, an investment and advisory firm, recently purchased two office buildings in West Cambridge, Massachusetts that will be managed by Equity Office.
August 08, 2011
The Royal Bank of Scotland's volume of troubled commercial property loans jumped almost 15 percent as it continues to lower its sector exposure.
August 08, 2011
A new report from Colliers International found that the U.S. commercial real estate market had improvements in total net absorption and vacancy rates during the second quarter.
August 05, 2011
Prospects for continued recovery in the commercial real estate market in the U.S. continue to be depressed by macroeconomic issues, according to a survey by The Real Estate Roundtable.
August 05, 2011
A new development in Saudi Arabia is expected to contain the world's tallest tower.
August 05, 2011
Both the high-end commercial residential real estate markets in London are prospering as a survey has found that residential property prices in the city are back to their peak amounts from before the recession, the Wall Street Journal reports.
August 05, 2011
The 135,000-square-foot office building at 4 Columbus Circle in New York City was recently purchased for $96.5 million by a German investment firm.
August 04, 2011
The Canadian Pension Plan is becoming one of the latest foreign investors to get involved in the U.S. commercial real estate market.
August 03, 2011
While economic uncertainty remains a factor in the global economy, worldwide commercial real estate sales continued their growth during the second quarter of 2011.
August 03, 2011
The 441,000 square-foot Hawthorne Plaza in downtown San Francisco has been purchased by Manulife Real Estate, a subsection of Manulife Financial Corporation.
August 02, 2011
While the economic recovery seemed to be taking shape in the early part of the year, recent global events have stunted that growth.
August 02, 2011
A growing number of foreign investors have begun to pour their money into Moscow's commercial real estate market. Office sales to foreign buyers valued at $250 million and $270 million were expected to close in June.
August 02, 2011
Commercial real estate properties in Asia will do well in the last six months of 2011, Pacific Star Group, a premier real estate investment house, has announced.
August 02, 2011
Last week, PHILand Ranch, a company focused on developing commercial real estate along with residential and master-planned communities in Southeast Asia and Vietnam, started work on the Pointe91 luxury resort on Bien Rang Beach in Vietnam.
August 01, 2011
Mapletree Investments has announced it is set to purchase the Festival Walk mall in Hong Kong for HK$18.8 billion, or roughly US$2.9 billion.
July 29, 2011
In a continued effort to pay back creditors following its bankruptcy filing, Lehman Brothers has tentatively agreed to sell the majority of its commercial real estate holdings in Rosslyn, Virginia, to Goldman Sachs.
July 29, 2011
Commercial real estate brokerage Cushman & Wakefield, accompanied by Spitzer Enterprises and CQI Associates, have earned the U.S. Green Building Council's LEED Gold certification for the office building 2001 K Street, NW in Washington D.C.
July 29, 2011
The reconstruction of a mixed use center planned for downtown Boca Raton, Florida, has been announced this week.
July 29, 2011
UNR Holdings has announced that phase three and four of its Nemchinovka Development have been completed.
July 28, 2011
As commercial real estate prices continued to rebound over the last 12 months, CB Richard Ellis saw its second quarter profits rise by 12 percent on higher revenue.
July 28, 2011
As the U.S. economy continues its slow recovery, rental values in the property market have yet to turn around.
July 27, 2011
The 42-story, 1,650,000 square foot Avenue of the Americas building has been refinanced for $372 million.
July 26, 2011
A report this week from Moody's found that the climate for U.S. commercial real estate properties is improving, despite the slowly recovering economy.
July 22, 2011
Sales of global commercial real estate in the second quarter were up 47 percent from one year ago, and are expected to hit $440 billion for the year.
July 21, 2011
Commercial real estate and residential properties have begun to stabilize in Dubai, especially those in the high-end sector
July 21, 2011
Gatehouse Bank from the United Kingdom has purchased a 265-apartment complex in College Station, Texas, that is valued at $50 million.
July 21, 2011
The first yuan-denominated bond fund for the purchase of Australian real estate was introduced by Agincourt Capital last week.
July 20, 2011
For the first time in more than six months, U.S. commercial property prices increased in May due to the fact that the distressed real estate market improved.
July 19, 2011
AVR Realty Company purchased 5 Times Square in February of 2007 for $1.28 billion and is now putting the property back on the market, hoping to turn a profit.
July 19, 2011
A recent report by global property company Knight Frank has found that real estate volume sales are at its lowest since 2007 in Mumbai.
July 18, 2011
The American Realty Capital Healthcare Trust has agreed to purchase 12 income-producing healthcare facilities for $257.5 million, which increases the total size of its commercial real estate portfolio to 17 properties, worth $307.1 million.
July 15, 2011
In what is being touted as one of the largest commercial real estate sales in Los Angeles County since the turn of the century, the new Warner Center apartment complex has been sold for almost $133 million.
July 15, 2011
Direct real estate investment activity during the first quarter of 2011 was up 32 percent from last year and the second quarter saw that growth continue.
July 14, 2011
A study commissioned by the Commercial Real Estate Women Network (CREW) last October found that an increasing number of females are entering the commercial real estate industry, but they may not be paid as well as their male counterparts.
July 14, 2011
Amidst fears of a price bubble in its commercial real estate market, the Reserve Bank of India has asked banks to slow lending in the sector.
July 12, 2011
California-based Kennedy Wilson, an international real estate investment and services firm, announced that it closed two transactions worth $147 million last week.
July 11, 2011
While Thailand's political future has remained uncertain, and at times unstable, since the military coup in 2006, experts predict the real estate sector will continue to grow.
July 11, 2011
During 2010 the European commercial real estate market struggled to keep up with America, but experts believe that is beginning to change.
July 11, 2011
There has been an increasing amount of activity within the investment and office commercial real estate markets in Denmark.
July 08, 2011
The largest city in central China, Wuhan, will soon be home to the world's third tallest building. The Greenland Group will construct the global center with a high reception capacity in the city's business district.
July 07, 2011
The real estate investment side of Deutsche Bank, RREEF recently announced it had purchased a trio of properties for a total of $151 million.
July 06, 2011
Ericsson telecom company has agreed to rent 260,000 additional square feet of commercial office space which used to house the former Nortel Networks Corporation in Richardson, Texas.
July 05, 2011
The majority interest in the former International Toy Center, located at 200 Fifth Avenue in Manhattan, is being sold by Lehman Brothers Holdings, to JPMorgan Asset Management.
July 05, 2011
During the second quarter of 2011, the commercial retail property market in Australia grew by 432 percent over first quarter's abysmal numbers.
July 05, 2011
The U.S. assets and platform of Centro Properties Group and its managed funds have been sold to BRE Retail Holdings for approximately $9 billion. BRE is an affiliate of Blackstone Real Estate Partners.
July 01, 2011
Downtown Tampa's iconic Rivergate Tower sold for $22 million in a foreclosure sale this week.
July 01, 2011
Harvest Properties has purchased the six, two-story multi-tenant buildings known as the Central Park Plaza Office Campus with partner Stockbridge Real Estate for an undisclosed sum.
June 30, 2011
Investors are paying close to $185,000 per room for lodging properties in the U.S.
June 30, 2011
While the price of offices has skyrocketed in Washington, D.C., the Paramount Group recently bought the Liberty Place building, which overlooks the National Mall, for $139 million.
June 29, 2011
A report released this week found commercial regeneration property in the UK generated improved returns last year, but it continued to trail the overall market trends.
June 27, 2011
During the second quarter of 2011 commercial real estate fundamentals improved in Canada.
June 27, 2011
Experts believe that real estate investors will put a much larger portion of their financial capital into the Asian market, from North Asia to Australia, including India.
