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National Real Estate Investor
December 3, 2002
Parke Chapman
Boston Properties to sell Midtown building Global Holdings Inc. has agreed to buy the 29-story, Class-A office building. The sale will allow the Boston-based REIT to pare down its debt. mark for My Articles similar articles
National Real Estate Investor
January 6, 2004
SL Green Promotes Marc Holliday to CEO Office REIT SL Green Realty, which owns more than 15 million sq. ft. of office space in Midtown Manhattan, has promoted its president to the role of CEO. mark for My Articles similar articles
National Real Estate Investor
December 17, 2002
Parke Chapman
Midtown Manhattan office building could fetch $1 billion Another Class-A office building in Midtown Manhattan is on the market. Located on 52nd Street in the heart of Midtown near Rockefeller Center, 666 Fifth Ave. could command bids as high as $1 billion, or more than $600 per sq. ft. mark for My Articles similar articles
National Real Estate Investor
December 5, 2003
11 Madison Avenue Sells for $675M An art deco office building in Manhattan's Midtown South district has traded for $675 million, or roughly $310 per sq. ft. InvestorTamir Sapir of ZAR Realty, who also owns 260 Madison, 261 Madison and 2 Broadway, purchased 11 Madison Avenue from Met Life. mark for My Articles similar articles
National Real Estate Investor
September 1, 2007
Deals & Projects Hines REIT acquires a Long Island office complex...Somerset Partners LLC agrees to buy 450 Park Avenue, a 33-story office building, for $510 million... mark for My Articles similar articles
National Real Estate Investor
July 15, 2003
Inland Adds 1.4 Million Sq. Ft. With Acquisition of Southeastern Retail Properties Inland Retail has added seven Georgia shopping centers to its growing portfolio. All told, the $200 million acquisition flurry adds 1.4 million sq. ft. of gross retail space into unlisted REIT's portfolio. mark for My Articles similar articles
The Motley Fool
August 7, 2006
Billy Fisher
Who Couldn't Use More Green? REIT SL Green strengthens its New York City presence with an acquisition. Investors, take note. mark for My Articles similar articles
National Real Estate Investor
November 1, 2005
Deals & Projects Lee & Associates has negotiated the sale of the Optum Building in Costa Mesa, Calif., for $10.15 million... Ashkenazy Acquisition Corp. has acquired the 800,000 sq. ft. 69th Street shopping district in Philadelphia... etc. mark for My Articles similar articles
National Real Estate Investor
December 16, 2002
Parke Chapman
Mack-Cali scoops up Philly office property Mack-Cali Realty Corp. (NYSE: CLI) has purchased a 175,000 sq. ft. Class-A office building in suburban Philadelphia for $26.3 million. The 4-story property, known as the Triad Building, is 90% leased to eight tenants, among them pharmaceutical giants GlaxoSmithKline and MDS Pharma Services. mark for My Articles similar articles
National Real Estate Investor
December 1, 2007
Deals & Projects JPI acquires Maritime Yards... First Industrial acquires West Covina office complex from Ten West Associates... Somerset Partners agrees to buy Park Avenue office building... mark for My Articles similar articles
National Real Estate Investor
June 4, 2004
Wells Sells Tampa Office Building for $31.2M One of the nation's most prolific buyers of office buildings is now a seller. Wells Real Estate Investment Trust has sold a four-story, Class-A office building in Tampa, Fla., for $31.2 million. mark for My Articles similar articles
National Real Estate Investor
July 1, 2003
American Financial Buys $769 Million Office Portfolio Fresh after its IPO last week, American Financial Realty Trust has purchased 158 properties from Bank of America Corp. for nearly $800 million. The 8.1 million sq. ft. portfolio consists of office buildings, banking and operations centers scattered throughout 19 states. mark for My Articles similar articles
National Real Estate Investor
July 30, 2003
Wells Focuses on Southern California Properties After buying more than $1 billion worth of Class-A office property so far this year, the Wells REIT now says it will buy $500 million more -- all of it Southern California. This acquisition spree will be focused on properties near Los Angeles, Orange County and San Diego. mark for My Articles similar articles
The Motley Fool
April 25, 2007
S.J. Caplan
SL Green's Golden Earnings The Manhattan-heavy REIT reports sturdy quarterly results. mark for My Articles similar articles
National Real Estate Investor
March 1, 2006
Deals & Projects Younan Properties has acquired Norfolk Tower, a 206,680 sq. ft. Class-A highrise... The joint venture between Colliers ABR and AEW Capital Management has purchased the 22-story office tower at 119 West 40th Street... etc. mark for My Articles similar articles
National Real Estate Investor
November 25, 2002
Parke Chapman
Wells buys $345 million D.C. office complex Wells Real Estate Investment Trust has acquired a pair of Class-A, office buildings in the heart of Washington, D.C. mark for My Articles similar articles
National Real Estate Investor
November 5, 2002
Parke Chapman
Report: Manhattan office sales volume up 14% Manhattan's office sales market is booming despite a sluggish leasing climate that has kept vacancy high. mark for My Articles similar articles
National Real Estate Investor
November 1, 2004
Parke Chapman
Midtown Manhattan: A Pillar of Strength The real estate market in Manhattan is finally emerging from a three-year slump. Office leasing is on the rise, hotel vacancy rates are tightening and luxury retailers are flocking to Fifth Avenue's midtown shopping corridor. mark for My Articles similar articles
National Real Estate Investor
May 2, 2003
Parke Chapman
Wells Continues Acquisition Spree Wells Real Estate Investment Trust has been busy this week. The unlisted office and industrial REIT spent over $245 million to buy two office buildings, including a 410,000 sq. ft. New Jersey office building and a 929,694 sq. ft. Minneapolis property. mark for My Articles similar articles
National Real Estate Investor
June 1, 2004
Equity One Buys Florida Shopping Center for $21.98 Million Equity One, a shopping center REIT, has purchased the Medical & Merchants at San Pablo Shopping Center in Jacksonville, Fla., for $21.98 million. mark for My Articles similar articles
National Real Estate Investor
December 23, 2002
Wells buys office tower for $157 million Capping off a year-long acquisition spree, Atlanta-based Wells Real Estate Investment Trust has closed on a $157 million Class-A office tower in Glendale, Calif. The 545,000 sq. ft. Nestle Building was bought from Douglas Emmett Realty Advisors, an opportunity fund manager. mark for My Articles similar articles
National Real Estate Investor
January 1, 2003
Bennett Voyles
A Sky-High Tax Increase Still reeling from the recession and the terrorist attacks on the World Trade Center, the New York real estate industry now faces one more blow: an 18.5% increase in the city's real property tax. mark for My Articles similar articles
National Real Estate Investor
October 1, 2006
Stan Luxenberg
Crossing the Hudson The office market in Midtown Manhattan is blazing hot, with asking rents at prime buildings topping $100 per sq. ft. That has sent some tenants heading for Northern New Jersey where it is possible to find rents in Class-A buildings for less than $35 per sq. ft. mark for My Articles similar articles
The Motley Fool
July 27, 2007
S.J. Caplan
Gotta Love SL Green SLG, the only public office REIT primarily focused on Manhattan, posted second-quarter earnings that exceeded Wall Street's expectations. mark for My Articles similar articles
National Real Estate Investor
April 16, 2003
Parke Chapman
New leases chip away at lower Manhattan's vacancies More than 600,000 sq. ft. of office space in lower Manhattan was leased this week, pushing the downtown market's vacancy rate below 13% for the first time in a year. Two large leasing deals were responsible for the positive trend. mark for My Articles similar articles
National Real Estate Investor
June 6, 2003
Northern Virginia Office Building Trades for $71 Million Corporate Office Properties Trust, a major owner of office buildings along the Baltimore/Washington corridor, this week bought a 400,000 sq. ft. office building in Herndon, Va. mark for My Articles similar articles
National Real Estate Investor
December 17, 2003
AMB Buys Industrial Properties In Europe and Japan Industrial REIT AMB Property Corp. is expected to announce today that it has bought 1.3 million sq. ft. of European and Japanese distribution facilities. The combined deals are valued at $108.4 million, according to The Wall Street Journal. mark for My Articles similar articles
National Real Estate Investor
January 1, 2003
Matt Gove
Wells Makes Its Move Wells Real Estate Funds has spent most of its 18-year history flying under the radar --- buying nondescript, single-tenant suburban office buildings. Now, the Atlanta-based privately held company is making its move with acquisitions totaling more than $1.2 billion for 2002. mark for My Articles similar articles
National Real Estate Investor
October 30, 2002
Parke Chapman
Fifth Avenue office tower sells for $611 per sq. ft. Chicago-based Walton Street Capital bought the Midtown Manhattan office building. mark for My Articles similar articles
National Real Estate Investor
September 1, 2005
Matt Hudgins
Q & A An interview with Jeff Johnson, executive vice president and chief investment officer of Equity Office Properties on what's driving the company's past year's surge in sales and acquisitions. mark for My Articles similar articles
National Real Estate Investor
September 30, 2003
Parke Chapman
Mack-Cali Sells New Jersey Office Building for $194 Million The Mack-Cali Realty Corp. has sold its Harborside Financial Center Plaza 10 building for $194 million. The 577,575 sq. ft. Class-A office tower is located along the Hudson River in Jersey City. mark for My Articles similar articles
National Real Estate Investor
January 1, 2006
Parke M. Chapman
Ground Zero Waiting Game Above-market asking rents and political bickering over Ground Zero's future are foiling developer Larry Silverstein in his quest to fill the $700 million 7 World Trade Center building. As of late December, just 40,000 of the total 1.7 million sq. ft. was leased. mark for My Articles similar articles
National Real Estate Investor
April 1, 2005
Stan Luxenburg
Why Office REITs Are Building Again After several years of hard economic times, some REITs are accelerating development activities in strong markets. Increased hiring by corporate tenants is encouraging new building. mark for My Articles similar articles
National Real Estate Investor
January 28, 2003
Downtown Baltimore office tower sells for $50M A 380,000 sq. ft. office building in downtown Baltimore has sold for $50 million. Norfolk-Va. Based Harbor Group International (HGI) and a corporate investor bought the property, known as the First Union Tower, as part of a tax-deferred exchange. mark for My Articles similar articles
The Motley Fool
July 14, 2011
Manhattan Associates Earnings Preview Manhattan Associates will unveil its latest earnings on Tuesday, July 19. mark for My Articles similar articles
National Real Estate Investor
May 1, 2003
Dana Dubbs
A Towering Question These are trying days for Philadelphia's downtown office market. Now, three separate office developments are on the drawing board, including a $700 million world trade complex that would add 2.3 million sq. ft. of space. Local real estate professionals are skeptical. mark for My Articles similar articles
Real Estate Portfolio
Jul/Aug 2004
Michael Fickes
Ric Clark: The Rock Behind the Brookfield REOC With a 2003 equity market capitalization of $4.9 billion, up from $3.1 billion the year before, Brookfield owns 47 Class AA and A properties spanning 46 million square feet. mark for My Articles similar articles
National Real Estate Investor
June 1, 2006
Parke M. Chapman
Ground Zero Office Glut in the Making? If Ground Zero's newest tower is any indication, filling space in the Freedom Tower and adjacent buildings will be a challenge. mark for My Articles similar articles
Fast Company
Neal Ungerleider
Jack Dorsey: "I Believe That The Square Wallet Experience Was The Peak" Square Wallet, the digital wallet from mobile payments company Square that allowed people to pay with just their name, may not stay dead for long. mark for My Articles similar articles
National Real Estate Investor
July 1, 2004
In Progress: NorthPlace The mixed-use project located along Georgia 400 will include office buildings with ground-level retail space and residential condominiums. mark for My Articles similar articles
National Real Estate Investor
September 1, 2004
Parke Chapman
An Insatiable Appetite for Trophy Assets Investment sales activity is occurring at a frenzied pace. Nearly $70 billion worth of Class-A office buildings were sold during the first half of 2004 --- a 60% increase in sales volume over the same period last year. mark for My Articles similar articles
National Real Estate Investor
June 1, 2007
Deals & Projects Triple Net Parkway 400 has acquired Parkway 400, a two-building Class-A development... H.N. Gorin Associates has acquired 100 Technology Center Drive, a Class-A office building... etc. mark for My Articles similar articles
National Real Estate Investor
April 2, 2003
Parke Chapman
Lower Manhattan vacancies declined in March For the first time in months, downtown New York City posted positive absorption of office space. A report from Cushman & Wakefield shows that downtown office vacancy fell from 13.7% at the end of February to 13.3% at the end of last month. mark for My Articles similar articles
National Real Estate Investor
May 1, 2005
Parke Chapman
Finally, An Uptick in Office Rents Average rents nationally rose by 0.7% to hit $20.25 per sq. ft., up from $20.11 per sq. ft. at the end of 2004. In reality, scores of major office markets are still limping, and some won't make a full recovery for several years to come. mark for My Articles similar articles
National Real Estate Investor
October 1, 2004
In Progress: 2200 Westlake The 555,000 sq. ft., mixed-use project in Seattle's South Lake Union neighborhood is scheduled for completion in 2006. mark for My Articles similar articles
National Real Estate Investor
June 1, 2011
Michele Lerner
Office Investment Magnet Experts believe Washington, D.C.'s real estate fundamentals are in place to keep the local office market healthy for the remainder of 2011. mark for My Articles similar articles
National Real Estate Investor
June 1, 2006
Deals & Projects Jones Lang LaSalle's New York Capital Markets group has completed the $43.2 million sale of Bank of America Plaza... United Trust Fund and GE Real Estate announced the purchase and leaseback of a state-of-the-art, 65,000 sq. ft. office/warehouse facility... etc. mark for My Articles similar articles
National Real Estate Investor
December 1, 2004
Deals & Projects Prime Group Realty Trust has sold a 3.4 million sq. ft. industrial portfolio to Centerpoint Properties Trust... Panattoni has broken ground on a 360,000 sq. ft. industrial building... Alter Group developing Stone Bridge Corporate Center... etc. mark for My Articles similar articles
National Real Estate Investor
March 1, 2006
Joe Gose
Dispositions Dwindle REITs are less likely to be the net sellers they've been during the last few years when high demand for commercial real estate allowed office landlords to dump non-core assets or buildings in unfavorable markets. mark for My Articles similar articles
The Motley Fool
September 13, 2006
Nathan Parmelee
Health Care REIT Bulks Up Health Care REIT will acquire Windrose Medical Properties. In comparison with other industries, not a lot of synergies are gained when one REIT acquires another. Investors, take note. mark for My Articles similar articles