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WASHINGTON, DC-Later today, leaders from Congress, Wall Street and major real estate associations will gather to talk about how the industry has changed since September 11.
LOS ANGELES-Johnson Development, the real estate and investment company run by sports legend Earvin 'Magic' Johnson, buys 47-store Fatburger chain and announces ambitious expansion plans.
LONDON-LaSalle Investment Management is to launch a new pan-European investment fund. The LaSalle Euro Growth II fund will invest primarily in France, Germany, Italy, Spain, the Netherlands and Belgium.
DALLAS-It's beginning to look like the NFL draft, with more real estate professionals shifting affiliations or moving up in the ranks. Of the 15 changes, Lissa Cooke goes from Staubach to Julien J. Studley, where she is one of two corporate managing directors.
SEATTLE, WA-For $38 million, the REIT specializing in self-storage centers acquired full ownership of Fremont Storage, one of its many subsidiaries in its network of 428 storage properties and business parks it owns throughout the United States and Europe.
ORLANDO-A total 3,670 multifamily units were delivered in the first half versus 12,590 for all of 2,000, but tenants are filling the quarters quickly with a 93.6% occupancy among the area's 129,000 apartments, CB Richard Ellis Inc. research shows.
PHOENIX-NxtPhase, based in Vancouver, Canada, is readying for a move into 12,000 sf in a 41,000-sf spec building owned by Chicago's Alter Group. The high-tech company provides technology to the power industry.
PORTLAND-"The purchase price of approximately $91 per square foot is below the cost of new construction and the existing leases are well below market on average, says Stuart Tanz, CEO of the San Diego-based retail REIT.