CANNES, FRANCE—The architecture firm's third MIPM award is for the just-revealed design of a slender, 700 skyscraper design, East 37th Street Residential Tower.

Single tenant triple net leased properties (NNN) trade at a premium relative to similar properties with so called double-net (NN) leases. NN leases typically require the landlord to retain some responsibility for the roof, structure or some other aspect of the property. Being the most passive real estate investment available, however, NNN properties require virtually no involvement of the landlord. This increases the demand by expanding the universe of potential buyers to include many Buyers…

IRVINE, CA—Lafayette at Stonegate is a new neighborhood developed by Richmond American Homes of California.

LOS ANGELES—Newly polished buildings attract a modern pool of lessees, and many artists, entertainment professionals and adventurous entrepreneurs have arrived on the doorsteps of these brick-exterior, bow-and-truss interior spaces, say sources in this <b>EXCLUSIVE</b> column.