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NEWPORT BEACH, CA-The real estate investment bank reports an increase of 98% above its 2000 performance. It arranged $814 million in debt and equity through 75 transactions last year.
LUTHERSVILLE, MD-For the second year in a row, Mid-Atlantic Realty Trust posts the highest five-year return among all shopping center REITs. The National Association of Real Estate Investment Trusts revealed the news in its most recent monthly statistical report.
ORLANDO-Rent increases will be moderate this year but demand for all product categories will outpace supply, says the president of the Orlando chapter, National Association of Office and Industrial Properties. Foreign investment will continue to be steady.
TOLLESON, AZ-Continental Pet finds just what it wanted: a large distribution spot close to its manufacturing location in Tolleson. Just two doors down, 121,619 sf opened up when Wal-Mart said goodbye. The signing brought an immediate move-in.
LONDON-Three lettings totalling 80,000 sf at the Globeside business park in Marlow, Buckinghamshire show confidence is returning to the beleaguered Thames Valley market.
PONTIAC, MI-Oakland County Circuit Court Judge Richard Kuhn rules Bloomfield and Pontiac voters can vote Tuesday on whether to allow the detachment of 80 acres from Bloomfield to Pontiac for a $2-billion mixed-use development.
GREATER BOSTON-The area welcomes another retailer as Wisconsin-based Kohl's enters the region with 13 new stores, 12 of which will be in locations formerly occupied by the now bankrupt Bradlees.
MEDFORD, MA-The Massachusetts Highway Department gives $12 million to the Telecom City project, a 200-acre, $750 million development located here and in Malden and Everett to improve its road infrastructure. Despite the current economic climate, the project is forging ahead.
MINNEAPOLIS-Two of the four projects would become sites of affordable housing projects. Another could yield a mixed-used development if the Environmental Protection Agency comes through with the grant.
LONDON-Specialist Central London investor Rugby Estates is to inject its substantial landholdings in the Covent Garden area into a new limited partnership formed jointly with Baring Houston & Saunders, part of the Dutch financial services group ING.