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Archive for ‘October, 2010’

Healthcare Trust to Add 960,000 SF to MOB Portfolio for $196.6M

Healthcare Trust to Add 960,000 SF to MOB Portfolio for $196.6M

With locations on and off hospital campuses, the MOB portfolio encompasses assets in Albany, N.Y.; North Adams, Mass.; and Temple Terrace, Fla.

AOL to Pocket $144.5M from CB Richard Ellis Deal

AOL to Pocket $144.5M from CB Richard Ellis Deal

The Internet services provider will sell its 700,000-square-foot Pacific Corporate Park as well as 22 acres of developable land.

Knoll Tapped as Senior VP for KBS Capital Markets Group

Knoll Tapped as Senior VP for KBS Capital Markets Group

He will handle broker/dealer and registered investment advisor relationships.

Economy Watch: Foreclosures Going Strong in 3Q

Economy Watch: Foreclosures Going Strong in 3Q

Foreclosure slowdown? What foreclosure slowdown? That’s the takeaway from Thursday’s third quarter 2010 Metropolitan Foreclosure Market Report by foreclosure specialist RealtyTrac.

Half-Billion in Financing Closes for 880,500-SF Government-Leased Portfolio

Half-Billion in Financing Closes for 880,500-SF Government-Leased Portfolio

Funding, part of which was actually completed in late 2009, for the four-property portfolio comes in the form of a $271 million construction loan and $256 million in permanent financing.

Government Takes LEED Certification Commitment Up a Notch

Government Takes LEED Certification Commitment Up a Notch

In an ongoing effort, dictated by President Obama to increase the federal government’s environmental friendliness, the U.S. General Services Administration has raised the sustainability standard for new government-owned real estate by pushing up the minimum requirement for all new building construction from LEED Silver to LEED Gold.

AMB Leases 127,000 SF of Mexican Development Portfolio

AMB Leases 127,000 SF of Mexican Development Portfolio

The space is located at the AMB Los Altos Industrial Park in Guadalajara.

Novartis to Shell Out $600M for Cambridge Research Headquarters Expansion

Novartis to Shell Out $600M for Cambridge Research Headquarters Expansion

Cambridge, Massachusetts’ biggest employer is about to get even bigger.

DPR Breaks Ground on 230,000-SF Alta Bates Patient Care Pavilion in Oakland

DPR Breaks Ground on 230,000-SF Alta Bates Patient Care Pavilion in Oakland

Slated for completion in early 2014, the $350 million building will house 238 medical/surgical and acute rehabilitation beds.

Economy Watch: Do Mortgage Put-Backs Mean Huge Losses for Banks?

Economy Watch: Do Mortgage Put-Backs Mean Huge Losses for Banks?

At a hearing of the Congressional Oversight Panel, President Barack Obama and administration officials said no.

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