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John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
NEW YORK CITY-Just blocks from the scene of the disaster, minutes after the towers went down, one survivor of yesterday's terrorist attack that devastated the World Trade Center shared his story with GlobeSt.com.
NEW YORK CITY-National lobbying efforts help a woefully decentralized industry, but the legislative cards--especially in terms of environmental issues--are still stacked against commercial real estate.
NEW YORK CITY-According to respondents to GlobeSt.com's latest Quick Survey, private investors are the players making this industry move. Alan Greenspan and the Fed Reserve's interest-rate cuts have done little to spur greater flows of capital.
CHICAGO-The locally based REIT positions its AMLI at Carmel Center project to take advantage of the Carmel City Center redevelopment--some 180,000 sf of retail and office space.
NEW YORK CITY-Glen C. Thompson brings business reporting expertise to the Northeast market as GlobeSt.com solidifies its position as the leader in Web news for the commercial real estate community.
NEW YORK CITY-Corporate cutbacks marked by massive layoffs have had their evil way with real estate strategies. Don't expect things to get better any time soon, say participants in GlobeSt.com's latest Quick Survey--<b><i>Now featuring reader commentary.</b></i>
WASHINGTON, DC-The agreement adds more than 367,000 sf to JLL's management portfolio. While the DC asset is nearly full, the new team will have its work cut out in the 60%-occupied Alexandria property.