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WASHINGTON, DC-An Ibbotson Associates study commissioned by the National Association of Real Estate Investment Trusts reveals that including REIT and direct real estate holdings in investment portfolios is a good idea.
LONDON-Ex-LaSalle Investment Management Managing Director Malcolm Naish has quit the Catella-backed investment adviser Fountain Capital Partners to become DTZ's new head of fund management.
FORT WORTH-Lee Finley, owner of Brand FX Body Co. in Keller, pays close to the asking price for an expansion site to manufacture his GemTop line. The new owner also is toying with building some spec industrial projects on part of the land.
ORLANDO-Central Florida developers have 2.7 million sf of new projects under construction with another 4.5 million sf on the drawing boards, according to a new industry analysis by Colliers Arnold Commercial Real Estate Services Inc. Downtown is seeing a development boom.
PORTLAND-A pioneer in the facilitation of tenancy-in-common transactions--where a group of smaller 1031 exchange buyers come together to purchase one larger asset--the four-year-old Portland-based firm is now packaging and distributing its program to brokers across the nation.
CHICAGO-Corporate real estate executives may be bullish on the economy and their own companies, but most of them tell Jones Lang LaSalle they have more space than they need, and expect to be forced to shed some through mandated cost-cutting measures.
WINDSOR, CO-The plant will be the first new one built by Owens-Illinois in 23 years and will create 150 high-paying jobs. It will cover more than 500,000 sf and produce a billion bottles a year.
BOCA RATON, FL-The 102,309-sf, class A office complex here obtained the financing through Principal Global Investors, a portfolio lender and life company. The refinancing was arranged by Holliday Fenoglio Fowler LP.
SAN DIEGO-GraphPad Software inks two agreements to occupy the space, which is located in American Asset Inc.'s Torrey Reserve South Court facility. The building is part of the 460,000-sf Torrey Reserve office park located in the Carmel Valley area of San Diego.