Industrial | GlobeSt.com

Report: Port Activity Floats Northern Industrial Market

ELMWOOD PARK, NJ-Although Northern New Jersey’s industrial market continues to suffer from the recession, the impact would be far worse if not for the region’s ports.

• Panattoni to Develop I-75 Business Park

• Oakmont Signs CEVA to 154,000-SF Lease

• View All Industrial News

FEATURES
Europe Pushing for More Freight by Rail UK rail organizations publish paper recommending 20% of rail go by train by 2020. European Union considering establishment of unified freight rail corridor linking Stockholm to Naples.	Boeing Lowers Air Cargo Growth Projection Airplane manufacturer now expects average annual growth rate of 5.4%. Figure down from 5.8% projection last year and 6.1% projection three years ago.	View the week's top Industrial stories GlobeSt.WEEK

EXPERT OPINIONS

IDI's Gunter on LEED

‘We have to be very careful about what we spend on LEED.’

GFI Capital’s Rubackin

‘Clearly, some properties had no business ever getting built.’

SECTOR WATCH

Latest Treasury Plan Targets CMBS Originators
WASHINGTON, DC-By hook or crook the securitization market is going to revive, if the government has anything to say about it.

MULTIFAMILY

• $12M Snatches Up 90-Unit MF Portfolio
• Cohen Secures $5M Financing for Multifamily Properties
• ‘Friendly’ Foreclosure Filed for Condo Tower

OFFICE

• MBA: Q1 Property Sales Total $9B
• Medical Tower Lines Up First Tenants
• NAI Hanson Completes Lease Renewal

RETAIL

• Back to Work on Streets of Buckhead
• Council Signs Off on Fordham Expansion
• Source: $72M Takes NoVa Office

HOTEL

• Colony Financial REIT Files $500M IPO
• Improving Assets on a Shoestring Budget
• Airport Hotel Auction Looms

NET LEASE

• California May Delay Rent Payments
• Cronheim Mortgage Arranges $100M Note Purchase
• VIDEO: Under $10M Is the New Black

AROUND THE NATION

Q1 Property Sales Total $9B
WASHINGTON, DC-That is a far cry from the $43.4 billion in Q1 2008 and $125.5 billion in Q1 2007.

HEADLINES

• Real Estate Forum:
Retail and the Recession
• LSRP Program Gears Up for Implementation
• NetLease Forum:
Shareholders Challenge CVS' Longs Buy

DEAL FOCUS

Brazilian Bank Gives Credit Line to Logistics Firm
SAO PAULO, BRAZIL- South America’s largest independent logistics supplier, will use the loan to purchase 11,000 rail cars and more than 200 new or rebuilt locomotives.

FINANCE

• California May Delay Rent Payments
• Colony Financial REIT Files $500M IPO
• Planning Commission Okays ARC Tunnel

DEVELOPMENT

• Council Signs Off on Fordham Expansion
• BioMed Realty Secures $350M for 700,000-SF Facility
• The Cracker Factory Goes Green

LEASING

• Industrial Tenants Ink 292,000 of Leases
• Tenant Re-Ups for 104,000 SF-Plus
• G&E Denver Adds Senior Director, Four Others

SALES

• MBA: Q1 Property Sales Total $9B
• Earth Friendly Products Buys 100,000-SF Building
• Massey Knakal Tapped to Sell Warehouse
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COMMUNITY

NorthMarq's Mark Scott

'The anticipation of continued and greater strain will continue to place downward pressure on prices.'

FEATURED EVENT

RealShare Multifamily Conference

July 9, 2009
Virtual Conference Series

Post Your Event View 2009 Calendar

DIRECTORIES

Marketing & Business Development Guide

Real Estate Forum - February/March 2009

Hotel Services Resource Guide

Real Estate Forum - January 2008

Professional Real Estate Services Resource Guide

Real Estate Forum - December 2008

WEBINAR SPOTLIGHT

LIVE WEBINAR
Distressed Hotels:
How Bad Will it Get?

How bad will financial distress in the hotel industry get before it gets better? Are we seeing just the tip of the iceberg in terms of hotel foreclosures? What can owners do to help their properties survive? Why aren’t we seeing more sales of distressed hotels? Will lenders take back properties or work out loan terms with borrowers? Listen in as our panel of experts gets to the bottom of these crucial questions. Monday, July 6, 2009: 12:30 PM ET Cost: $59
Register Now >

Other Webinars The Economy: Midyear Reality Check | The Next Generation of Student Housing Design & Development: Case Studies from Around the Nation | Job Opportunities in a Turbulent Market | Building Owners at Risk: Surviving Distress | Retail: Is There Hope? | Opportunities in Distressed Assets | View All >

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RESEARCH & ANALYSIS

Industrial Construction in Canada Down 40%

Though Canada's industrial construction levels have fallen from last year's rates, they are projected to surge back upward in 2010.

US Intermodal Suffers Largest Ever Quarterly Loss

Volume fell 16.3% in Q1. Nonetheless, government and private sources make major financial commitments, including $1.5 billion from federal Recovery Act.

HOT TOPICS

GlobeSt.TV

VIDEO: Breaking Down the Stimulus Package

LOS ANGELES-Tony Thompson talks with Incisive Media’s John Salustri at the RealShare Real Estate 2009 event earlier this year.

Financial Experts: Obama Is Clearing a Path

NEW YORK CITY-A panel of financial pros assessed the administration's stimulus package and its forward-reaching effects on the stale economy.

Dubai World Sues Troubled MGM Mirage

LAS VEGAS-The investment arm of the government of Dubai sues MGM Mirage, its 50-50 partner in the multi-billion CityCenter development, for breach of contract.