Beset by a slowing economy and continued fallout from the subprime mortgage crisis, commercial real estate will likely face challenges as demand slows in 2008. Yet factors such as a restrained construction pipeline are likely to prevent a more severe slowdown, according to a report issued Tuesday by ING Clarion on the state of commercial [...]

CBRE Capital Markets has arranged the $50 million sale of One Riverview Square, a class A eight-story office building totaling 147,895 square feet located in Miami, Fla. CB Richard Ellis Investment Properties Institutional Group teamed with CB Richard Ellis’ Institutional Group represented the seller, Rubicon America Trust, in the transaction. One Riverview Square  is llocated [...]

NAI/Merin Hunter Codman has leased 42,000 square feet of office space, almost 22,000 square feet in Delray Beach to an international telecommunications company and 20,000 square feet in Jupiter to a Fortune 500 company. In the first transaction, Clertech.com Inc., a Florida-based telecommunications firm, leased 21,947 square feet of Class A office space at Delray [...]

A report just released by the Urban Land Institute and Ernst & Young concludes that the U.S. will fall behind in the global marketplace if it doesn’t invest in modernizing its infrastructure. The report, Infrastructure 2008: A Competitive Advantage, evaluates the status of existing and planned infrastructure investment not only in the U.S. but in [...]

Vacancy rates in the metro St. Louis office market have actually decreased in the first quarter of 2008, according to a new report by CB Richard Ellis Inc., despite more difficult times in the nationwide commercial real estate market. The area’s industrial market, however, showed a rise in availability rates, according to the report. [...]

The proposed merger, officially announced yesterday, of Altus Group Income Fund and Integra Realty Resources will likely be a strong move forward for both parties.  Altus, a dominant international real estate consulting entity, has entered into a non-binding letter of intent to acquire Integra for a consideration expected to consist of cash and equity, according [...]

The process of rezoning a nearly 14-acre parcel that is currently home to two retail centers in Colwood, Victoria, Canada progresses to the final stage, thereby paving the way for the development of a high density mixed-use project. League Assets Corp. and Turner Lane Development Corp. are partners on Colwood City Centre, which will cost [...]

Tribune Co. has bought eight office properties used by its newspapers around the United States in a like-kind exchange for $175 million from TMCT L.L.C.The transaction will save the media company $24 million a year it would otherwise have paid to lease properties where newspapers including the Los Angeles Times,Newsday, Baltimore Sun and Hartford Courant [...]

As the energy business continues to grow in Houston, Enbridge Energy Partners L.P.– operator of the world’s longest crude oil and liquids pipeline system–have added to their Houston office space at the 1100 Louisiana building with a long-term lease renewal and expansion. Enbridge renewed their current lease of 220,000 square feet and expanded to 264,400 [...]

Since the beginning of the subprime meltdown, various proposals have been made at various levels to ameliorate the crisis, and by extension, the sorry state of the residential market. Interestingly, one idea involves borrowing a page from the tenant-in-common market, and the idea is so new that it doesn’t really have an agreed upon name. [...]