The Washington, D.C., office market, has taken its blows like every other city, but with the federal government’s consistent need to house employees, office buildings that are fully leased by the feds are hot property. With solid demographics in play, a slew of hopeful buyers came out to look at the 228,000-square-foot One Choke Cherry [...]

Office landlords have a lot on their minds these days. As companies contract, demand for space drops, and landlords are being pressured to lower rents–which no one wants to do–or increase incentives for tenants to stay, which is only a little more palatable. Sublease space, which bothered office property owners in the early 2000s, has [...]

The first three months of 2009 saw the first quarterly negative growth in Houston’s industrial market since 2003. The market posted a half-million square feet of negative net absorption in the first quarter, according to a report by Grubb & Ellis Co. The pullback comes on the heels of more than 7.5 million square feet [...]

While the hospitality sector downturn has forced many firms to put expansion plans on the back burner, LaQuinta Inns & Suites is not one of them. The company opened 11 hotels in seven U.S. states, and added more than 800 rooms in the first quarter of this year. The select service brand, which had 719 [...]

“We’re seeing things loosen up a bit, but lending by Illinois banks isn’t where we’d like it to be,” said Illinois State Treasurer Alexi Giannoulias Tuesday morning at the monthly breakfast meeting of the Chicago Chapter of the Society of Industrial and Office Realtors, held in Rosemont, Ill., and attended by CPN.Early in the financial [...]

Just days after Opus South Corp., a division of Opus Corp., filed for bankruptcy, one of the firm’s sister companies is reportedly some $160 million in debt.According to a report in the Arizona Republic, Phoenix-based Opus West Corp. reportedly owes banks more than $160 million in unpaid construction loans, interest and legal fees. An association [...]

Hoping to capitalize on an unsettled real estate environment that could ultimately lead to the “best investment period in the last 20 years,” private real estate investment firm Rockwood Capital L.L.C. has closed an investment fund with some $964 million in capital commitments. The value-added fund, dubbed Rockwood Capital Real Estate Partners Fund [...]

Entering into a new $250 million secured credit facility, HRPT Properties Trust has joined the ranks of those real estate companies that have managed to secure big-ticket loans in the midst of one of the most unfriendly lending environments in recent history.  The non-recourse credit facility, which matures April 24, 2012, and comes with an [...]

Joining the brigade of real estate companies that are relying on the sale of shares to pay off debt during the lending market’s deep freeze, shopping center REIT Regency Centers has closed its offering of 10 million shares of common stock for net proceeds totaling approximately $310.5 million.Regency priced the shares in the public offering [...]

It’s a whole new world for corporate real estate owners, according to the 2009 State of the Industry Report by CoreNet Global, which was released Monday. The report distilled the views and opinions of more than 60 corporate real estate executives from around the world, along with information gleaned from various corporate real estate case [...]