Search Results

CHICAGO-The nation's largest diversified industrial REIT meets third quarter expectations, with per share FFO rising 9.4%. Executives are predicting the trust will now deliver earnings and return on assets that are among the best for pure play industrial REITs, while analysts say returns are likely to be closer to the average.

SAN JOSE, CA-As expected, City council members gave unanimous approval of the controversial Cisco Systems campus proposed for 688-acres in the traditionally agricultural North Coyote Valley industrial area. Appeals are expected from several organizations.

COLORADO SPRINGS, CO-A Newport Beach, CA-based luxury homebuilder is taking an infamous Colorado property off the hands of its Saudi Arabian owner. The deal isn't expected to close until third quarter 2001.

LOS ANGELES-The Santa Monica Conservancy is negotiating a deal to preserve 326 acres in the Santa Monica Mountains for wildlife.

BRIDGEWATER, NJ-Grubb & Ellis arranges deal for Thomas & Betts, which is vacating the space.

NEW YORK CITY-Occupancy of the 73-year-old building, now undergoing renovation, is slated for next February. More than a third of the property is now leased. Renovations underway include installation of a fiber-optic backbone, a tenant-controlled HVAC system, ADA-compliant bathrooms and thermopane windows.

PORTLAND-Christenson, one of Northwest's largest electrical contractors, acquires the 60-person company for undisclosed financial terms as part of an overall expansion plan that includes a six-week-old Seattle office.

MORRISTOWN, NJ-Colliers Houston brokers deal for new tenant at Alfieri's 100 Southgate Parkway.