Last Updated: January 27, 2012 02:33pm ET

Defense Dept. Seeks New Round of BRAC

By Erika Morphy

WASHINGTON, DC-This is just the beginning of a long and convoluted process but JLL’s Joe Brennan tells GlobeSt.com’s Erika Morphy that his gut reaction is that it is another realignment with a focus on the Pentagon’s desire for a “smaller and more surgical force.”

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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