West
With Global Trade Improving, Prologis Forecasts a Strong 2012
SAN FRANCISCO-During a Q4 conference call, Hamid Moghadam, chairman of the firm, has high hopes for the year ahead and says that the continuing rebuilding of its customers’ inventories will be a continuing theme. FULL STORY
1M-SF Mall Gets Grubb & Ellis as Leasing Agent
WALNUT CREEK, CA-Simon Property Group is seeking family-friendly restaurants, retailers and alternative users to occupy Richmond’s Hilltop Mall. FULL STORY
CoreLogic Reports 24% Drop in National Foreclosures in 2011
SANTA ANA, CA-The research company has found that completed home foreclosures for last year totaled 830,000, as compared to 1.1 million in 2010. FULL STORY
Firm Gets $36M in Net Income for 2011
CUPERTINO, CA-With talk of a possible sale looming, the locally based Mission West Properties Inc. expects revenues and earnings will continue to increase in 2012 based on new and renewal leases and higher rents. FULL STORY
Federal Realty Investment Trust Starts New Apartment Project
SAN JOSE, CA-Federal Realty Investment Trust has started construction on a new apartment complex at Santana Row in San Jose. FULL STORY
Creation Technologies Signs 79,085-SF Lease in Milpitas
MILPITAS, CA-Creation Technologies Inc., an electronics contract manufacturer based in Canada, is expanding its space in Silicon Valley. FULL STORY
More West HeadlinesSpotlight
EVENT COVERAGE
West L.A. To Be More Volatile Market Than Downtown
LOS ANGELES-A speaker at the Local Economic Outlook for Business and Real Estate event here, says that larger tenants are signing short-term leases on the Westside.
IREM COVERAGE
Late 2011 Surge Will Carry into 2012
LOS ANGELES-Economist Christopher Thornberg tells IREM-LA Forecast attendees that there are potholes in the roads ahead, but there is more reason to be positive in 2012. The US and California economies are gaining momentum, he says.
GUEST COLUMN
Staying Engaged: Protecting the Future of Real Estate
LOS ANGELES- NAIOP guest columnist James Camp talks about the importance of having a powerful voice at the local, state and federal levels of government in today’s environment.
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Events
Look out for the full 2012 RealShare Conference Series schedule--COMING SOON!
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Upcoming Conferences
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RealShare APARTMENTS EAST
Multifamily's most influential and knowledgeable executives share their insights and outlooks for the marketplace at our upcoming first annual RealShare APARTMENTS EAST conference!
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Webinars
Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda
December 07
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.
Upcoming Webinars
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Protect Your Portfolio From Seismic Risk
This video webinar, presented by GlobeSt.com Thought Leader Partner Engineering and Science, Inc., will give commercial real estate investors a thorough overview of seismic Probable Maximum Loss Reports (PMLs). These reports are especially important for those investing in real estate in areas that are at risk for earthquake damage.
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User's Choice
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.
