Commercial Real Estate News

February 3
4:56 PM bizjournals Mastro creditors to get checks mid-month U.S. Bankruptcy Judge Marc Barreca granted a motion this afternoon allowing $2.8 million to be disbursed to about 200 creditors who are owed money from bankrupt real estate ... February 3
2:08 PM ccim CCIMs connect to close an $11.8 million deal read more February 3
2:08 PM bizjournals BofA to maintain headcount at 100 Federal St. in Boston Bank of America (NYSE: BAC) will look to maintain its downtown Boston presence at current levels, even as it cuts 30,000 workers companywide. A spokeswoman for the bank said ... February 3
1:49 PM bizjournals Irving-based C-III completes acquisition of NAI Global Irving-based C-III Capital Partners, a commercial real estate services company, has recently finished its acquisition of of NAI Global. C-III works on real estate services such ... February 3
1:37 PM bizjournals Founder of Situs Cos. retires Martin Bronstein, the founding principal of the Situs Cos., is retiring after 26 years. Houston-based Situs is a commercial real estate advisory firm with 400 employees in 12 ... February 3
12:29 PM bizjournals Grubb & Ellis' Heath, Misner join JLL; other broker moves There’s been a high level of broker movement in Denver's commercial real estate scene since the new year started, and it's continuing. Jones Lang LaSalle (JLL) pulled two more ... February 3
9:56 AM bizjournals New surveys under way: Engineering firms, Commercial real estate developers The Tampa Bay Business Journal is currently surveying for two upcoming lists: engineering firms and commercial real estate developers. The initial survey links were sent out via ... February 3
9:09 AM bizjournals Twitter gains Mid-Market followers A second tenant has agreed to move into Twitter ’s new Mid-Market headquarters building, the first concrete sign that other growing technology firms will follow the influential ... February 3
9:04 AM bizjournals San Francisco's hottest 'hood? Try TriSoMa You may know the office vacancy rate in SoMa or Jackson Square or Mission Bay or the South Financial District. But if you want to know the percentage of vacant square feet in ... February 3
8:59 AM bizjournals St. Agnes to move 150 workers to Lansdowne Station Baltimore’s St. Agnes Hospital plans to move 150 employees to Lansdowne Station, a mixed-use development in Baltimore County. The hospital has signed a lease for 33,000 square ... February 3
6:23 AM bizjournals Kimley-Horn moves to Park Central 789 Kimley-Horn and Associates Inc., a North Carolina-based design consulting firm, has signed a lease for 32,434 square feet of office space at Park Central 789 at 12750 Merit Drive ... February 2
10:47 PM costar CoStar's People of Note (Jan. 29-Feb. 4) This week's People of Note includes the following markets: Chicago, Dallas/Fort Worth, Los Angeles, Milwaukee/Madison, New York City, Philadelphia, Pittsburgh, South Florida, ... February 2
8:05 PM costar GREEN LEAD | Green Building News from CoStar GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and ... February 2
5:57 PM nreionline Initial Leasing Complete at The Continental February 2
5:47 PM bizjournals San Francisco's hottest 'hood? Try TriSoMa You may know the office vacancy rate in SoMa or Jackson Square or Mission Bay or the South Financial District. But if you want to know the percentage of vacant square feet in ... February 2
5:39 PM nreionline C&W to Market One Pepsi Way February 2
5:24 PM nreionline CBRE Arranges Two Leases at 1411 B'way February 2
5:08 PM nreionline Woodmont Begins Site Work for Mixed-Use Development February 2
4:55 PM nreionline Marriott in Newark Tops Out, First in 40 Years February 2
4:53 PM bizjournals $118.8M in deals shows commercial property market improvement Three big property sales in less than a week in the Seattle area show that the commercial real estate market continues to thaw. On Jan. 27, longtime local apartment developer ... February 2
4:44 PM nreionline Meadowlands Convention, Visitors Bureau Gets $300K Grant February 2
4:04 PM bizjournals Kimley-Horn making move to Park Central 789 in Dallas North Carolina-based design consulting firm Kimley-Horn and Associates Inc. has signed a lease for 32,434 square feet of office space at Park Central 789 at 12750 Merit Drive near ... February 2
3:43 PM wsj Plots & Ploys: Touchdown Before Kickoff Regardless of whether the New York Giants or the New England Patriots win Super Bowl XLVI on Sunday, a prohibitive favorite has emerged: Indianapolis-area hotels. February 2
2:11 PM bizjournals CBRE recruits two brokers from Cushman & Wakefield - Commerce Commercial real estate brokers Mike Dash and Matt Walters have left Cushman & Wakefield - Commerce to join rival brokerage CBRE. Their departure comes three weeks after CBRE ... February 2
2:07 PM bizjournals Morton's in the Back Bay closed Morton’s Restaurant has shuttered its eatery on Boylston Street in Boston’s Back Bay. Rumors have circulated for weeks that Morton’s, which was located in the basement of 699 ... February 2
12:30 PM google Investment Property Valuation: Residential vs Commercial A man and his realtor walk down the street and the man says “Realtor, I want to buy that house,” pointing to a beautiful 3 bedroom 2 bath home, “What should I offer?” The realtor ... February 2
11:52 AM retailtrafficmag January Sales Better Than Expected The same-store sales numbers for January are coming out today and they seem to be pretty good. Thomson Reuters estimates that same-store sales rose 4.2 percent for the month, much ... February 2
10:55 AM nreionline Navigating the Capital Stack February 2
10:36 AM nreionline Mezzanine Lenders Look Forward to a Big Year 2012 may go down as the year mezzanine lenders came back in a big way due to a constellation of factors coming into line. February 2
10:23 AM bizjournals ABJ seeks nominations for real estate awards The Austin Business Journal is accepting nominations for several real estate-focused award programs. Today, Feb. 2, is the last day for Realtors, homebuilders and residential ... February 2
7:19 AM bizjournals C-III Capital Partners grabs NAI Global C-III Capital Partners LLC formally acquired NAI Global, a network of independent commercial real estate firms worldwide. NAI Horizon is the Phoenix affiliate. Financial terms of ... February 2
5:16 AM bizjournals Republic First posts $23M loss Philadelphia-based Republic First Bancorp posted a $23 million fourth-quarter loss Wednesday, noting the unloading of troubled loans to clean up its balance sheet. The bank ... February 1
10:23 PM costar EXCLUSIVE: C-III Capital's Robert Lieber On NAI Global Acquisition and Growth Plans Real estate investment firm C-III Capital Partners LLC last week completed its acquisition of Princeton, NJ-based NAI Global. The long-awaited closing came seven months after the ... February 1
9:13 PM costar Latest Potential Investor In Grubb & Ellis Emerges From Talks Without Agreement A two-week period of exclusive negotiations between Grubb & Ellis Co. and New York-based financial brokerage BGC Partners expired Tuesday without an agreement, according to a ... February 1
8:33 PM costar Warehouse Occupancy Rising, Market Remains Stable and Positive, Not at Point for Higher Rents, New Construction With the gradual return of economic growth, including higher levels of manufacturing and consumer spending, the vacancy rate for U.S. warehouses continued to decline at the end of ... February 1
8:33 PM costar Warehouse Occupancy Rising, Market Remains Stable and Positive, Still Not at Point for Higher Rents, New Construction With the gradual return of economic growth, including higher levels of manufacturing and consumer spending, the vacancy rate for U.S. warehouses continued to decline at the end of ... February 1
8:15 PM costar No More Fear and Loathing of CRE Lending for Banks As economic headwinds subside, the commercial real estate lending business for U.S. banks has hit an inflection point. For the first time in five years, a majority of banks are ... February 1
8:13 PM costar Back in Business: CRE Sales Volumes Make Strong Comeback The dollar volume of commercial real estate sales vaulted back to longterm historical levels in 2011. CoStar Group has confirmed $291.6 billion in CRE sales in 2011, a 32% ... February 1
6:38 PM nreionline BASF Venture Capital Invests $5M in Solidia Technologies February 1
6:09 PM bizjournals C-III Capital Partners acquires NAI Global C-III Capital Partners LLC formally acquired NAI Global, a network of independent commercial real estate firms worldwide. NAI Horizon is the Phoenix affiliate. Financial terms of ... February 1
5:40 PM nreionline Brandywine Announces Over One MSF of Leasing Activity February 1
5:14 PM nreionline Accenture, JA Host Women's Leadership Forum February 1
4:14 PM nreionline CBRE PC Group Completes Sale of Apt. Building February 1
3:49 PM nreionline Singer & Bassuk Arranges Financing for 70 Pine Purchase February 1
3:22 PM nreionline CafeMom Expands, Relocates to 417 Fifth Ave. February 1
3:00 PM nytimes Square Feet: In Philadelphia’s Market East, Sign Law Spurs Investment A new law that allows businesses in Philadelphia’s Market East district to draw revenue from large digital signs has drawn attention from developers. February 1
3:00 PM nytimes Square Feet | The 30-Minute Interview: The 30-Minute Interview: Richard T. Anderson The president of the New York Building Congress, which represents professionals in the construction industry, has been running the nonprofit association since 1994. February 1
2:56 PM bizjournals Blue Cross sells its office portfolio to WP Carey Blue Cross and Blue Shield of Minnesota has sold eight buildings that total 1.1 million square feet of office space to New York-based investment firm W.P. Carey & Co. The ... February 1
2:48 PM bizjournals Trampoline park slated for Memphis industrial property A Memphis industrial space could be getting its “highest” and best use later this month. Sky Zone Indoor Trampoline Park will be moving into a 30,000-square-foot space at 5355 ... February 1
2:33 PM nreionline With Partners, SL Green Nabs 724 5th Ave., Closes on Portfolio