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NEW YORK CITY-The Web site and its parent company will take home a statuette when the prizes are handed out at next week's Realcomm real estate technology conference at the Paris Las Vegas hotel.
ANAHEIM, CA-The commercial real estate development and investment firm pays $3.6 million for the two-story building. Encompassing 38,986 sf, the facility is currently 93% leased.
BAYONNE, NJ-The 160 luxury units would rise on a derelict site on which PT boats--including JFK's famous PT-109--were built and launched during the Second World War.
ATLANTA-The lighting and electronics giant expands distribution facilities, adding a new lease for 71,347 sf in the 3.1-million-sf industrial park and renewing its existing 156,021 sf at Westpark. Brokers familiar with the properties estimate the rental at $4 per sf.
PORTLAND-Mercer Human Resource Consulting, a division of Marsh & McLennan Cos., signs a $2.5-million lease deal to remain on the 21,000-sf 14th floor of the 41-story office building for at least another five years.
MOODY'S CONFIRMS RATINGS OF APARTMENT INVESTMENT AND MANAGEMENT COMPANY (PREFERRED STOCK AT Ba3); RATING OUTLOOK REVISED TO STABLE Approximately US$680…
CALABASAS, CA-Sun Communities owns and operates RV Resorts and manufactured housing communities primarily in the Midwest and Southeast. The credit facility is expandable to $200 million.
LONDON-The Government is to investigate the estate agency market for anti-competitive practices amid widespread fears that the runaway housing market is allowing brokers to ramp fees and foist unwanted financial services on purchasers.
PHOENIX-Jonathan A. Keyser has taken the job in a strong desire to be part of a team with eyes just on the tenant side of the business, without any pressure from a building owner-driven sister division. He worked for three years at Grubb & Ellis in Phoenix.
SAN ANTONIO-Lewis Friedland, former COO for American Industrial Properties, and San Antonio's USAA Real Estate form a private equity firm, Cobalt Capital Partners. The plan is to buy light industrial and suburban office product in top-tier US cities.