Industrial

PHOENIX-Fresh from a 10-year stint at Inland Real Estate in Chicago, Patrick O'Meara is ready to build up debt and equity financing in Phoenix and to encourage capital investment across all CRE sectors.

WASHINGTON, DC-Congress wants FASB to slow down and consider the potential fall out from the lease accounting convergence proposal.

CARLISLE, PA-The two bulk warehouses along the I-81 industrial corridor of central Pennsylvania were owned by Hillwood; published reports put the combined selling price at $93 million.

WASHINGTON, DC-Panelists at the upcoming RealShare Washington, DC will discuss what is driving development in the area, the changing nature of office supply and demand, and the outlook of investment sales here.

SAVANNAH, GA-CBRE vice chairman Charles Foschini tells GlobeSt.com's Jennifer LeClaire to look for a ripple effect from the European debt crisis.

MIAMI—Blanca Commercial Real Estate's Danet Linares tells GlobeSt.com's Jennifer LeClaire mass transit is Miami’s Achilles heel right now.

BETHESDA, MD-The merger of the Reznick Group and J.H. Cohn will create an organization with a larger public presence, allowing for a greater focus on REITs, David Kessler tells GlobeSt.com's Erika Morphy.

WASHINGTON, DC-It’s not the 200,000 plus monthly jobs seen at the beginning of the year, but is it enough of an increase to drop vacancies?

CHICAGO-Following the exodus from Grubb & Ellis, the local broker is one of the top local execs heading into the new Newmark Grubb firm. He cites more options and leadership for his move from Cushman.

FORT LAUDERDALE, FL-CBRE's Harry Tangalakis tells GlobeSt.com's Jennifer LeClaire the building received minimal interest for a year.

FARMINGTON HILLS, MI-The locally-based REIT bought four shopping centers in Colorado, Missouri and Wisconsin for $105 million, and sold two in Florida for $5.4 million.

DALLAS-Estein & Associates taps Trademark to develop and implement a leasing strategy for retail and undeveloped land in the mixed-use project. Also: CRE news from the Southwest.

WASHINGTON, DC-The goal of this program is to integrate BOMA more deeply into the commercial real estate community, a BOMA spokesperson tells GlobeSt.com’s Erika Morphy.

LAS VEGAS-Xavier Wasiak, who will specialize in industrial deals, is the second senior level executive to join the firm’s Vegas team since 2012, and says it is an exciting time to be considering an expansion or relocation here.

TORRANCE, CA-The increase in Phase I ESA’s ordered indicates steady improvement in the national real estate markets, says engineering-consulting firm Partner Engineering and Science Inc.

MIAMI-The increased demand for class A distribution space has reduced supply and pushed an uptick in lease rates as well as pricing.

WASHINGTON, DC-The Architecture Billings Index moved back into negative territory after five months of positive readings.

WASHINGTON, DC-A memo by Jeffrey Zients, acting director of OMB, makes clear that the mandate for agencies to clamp down on their space needs is not going away. But it provides little guidance on how to execute.

WASHINGTON, DC-Speakers at the Alliance to Save Energy conference talk about how to further drive energy efficiency—or rather, productivity—among businesses and consumers.

CICERO, IL-Tinley Park-based Mack Cos. has purchased a former shoe factory on South Central Avenue in Cicero with plans to convert it into 21 apartments.