Neustar Commits to Entire 100,000-SF Office Building in Suburban D.C.

Vacant since its completion in late 2007, the 92,000-square-foot Ridgetop III office building in Sterling, Va., is empty no more.

Economy Watch: GGP on its Feet?

Chicago-based General Growth Properties Inc. may be able to sidestep Simon Property Group and other unwanted suitors under a formal proposal made on Monday by Fairholme Capital Management L.L.C., one of its largest unsecured creditors, and Pershing Square Capital Management, one of GGP’s largest equity holders and a significant unsecured creditor as well.

Insights from MBA: Dave Hendrickson

Jones Lang LaSalle’s Dave Hendrickson talks from the MBA-CREF conference about the commercial and multi-family acquisitions market.

Deloitte: Hope for Market, but Maturities Loom

While a decent amount of indicators are looking brighter than in years or even months past, the amount of loan maturities coming up in the next several years could put a dent in that optimism.

Transition Year

The office vacancy rate is nearing its peak for this cycle, but the market will remain soft in 2010, according to Josh Scoville, director of strategic research for PPR, a CoStar Group company.