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Archive for ‘October, 2011’

FDIC Regional Office Re-Ups in Midtown Atlanta

FDIC Regional Office Re-Ups in Midtown Atlanta

FDIC, the banking oversight agency, has re-upped for 102,619 square feet at Ten 10th Street, the building’s owner, Parkway Properties Inc., said Monday.

Lincoln Eyes Long-Term Upside in $76M Orange County Buy

Lincoln Eyes Long-Term Upside in $76M Orange County Buy

Lincoln Property Co. has snapped up the Towers at Bella Terra, a 420,000-square-foot office and retail complex in Huntington Beach, Calif., in a $76 million cash transaction green-lighted by the state Superior Court.

Liberty Kicks Off 1.2 MSF Industrial Project in Lehigh Valley

Liberty Kicks Off 1.2 MSF Industrial Project in Lehigh Valley

The $62 million project will provide new big-box industrial space to a thirsty market and reclaim a brownfield site that was once home to the Bethlehem Steel Corp.

Crowne Plaza Tampa East Purchased by Interstate Hotels

Crowne Plaza Tampa East Purchased by Interstate Hotels

Interstate Hotels & Resorts has just announced its acquisition of the 265-room Crown Plaza Tampa East in a joint venture with Waramaug Hospitality L.L.C. and a private investment group.

Industry Leaders Dial Back Expectations: Real Estate Roundtable

Industry Leaders Dial Back Expectations: Real Estate Roundtable

While several surveys of late have generally said the economic outlook is improving, the CRE executives at the Real Estate Roundtable have seen their outlook drop to its lowest point since 2009.

Economy Watch: Consumers a Little More Optimistic, Little-Noticed Trucking Index Rises

Economy Watch: Consumers a Little More Optimistic, Little-Noticed Trucking Index Rises

A Reuters consumer-sentiment index saw an uptick in late October, but the BEA said U.S. consumers are earning more but saving less through September. And a little-noticed trucking index made year-over-year gains in August.

Dees Stribling’s Economy Watch Weekly

Dees Stribling’s Economy Watch Weekly

The economy’s still blah, but there was a little good news this week. CPE’s economic analyst Dees Stribling gives his podcast for the week ending Oct. 28, 2011.

SL Green Markets, Sells NYC’s 292 Madison for $85M

SL Green Markets, Sells NYC’s 292 Madison for $85M

It’s been a busy week for SL Green Realty Corp., which, in perhaps its biggest news, signed a deal to sell the leased fee interest at 292 Madison Ave. for $85 million.

MEPT Purchases Two D.C. Retail Centers for $127M

MEPT Purchases Two D.C. Retail Centers for $127M

Purchased in two separate transactions, Multi-Employer Property Trust has grabbed two grocery-anchored properties, with an aggregate 524,000 square feet, for a combined price tag of $122.6 million.

ULI Special Report: Capital Markets Executives Say “Be Patient”

ULI Special Report: Capital Markets Executives Say “Be Patient”

“Be patient” was the advice of executives opening day two of the ULI Fall Meeting. With the economy’s direction tough to predict right now but in their opinion unlikely to take a second dip into recession, waiting out the volatility will bear fruit.

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