At the intersection of recession and recovery is where we lie right now. That was the theme of a webcast presented by Jones Lang LaSalle.

When Jones Lang LaSalle released its Beige Book business survey this month, parts of the report were rosy with optimism.

With rent prices down and landlords doling out concessions, now is a wise time to literally make a move, and Peerless Industries Inc. is doing just that.

The number of new funds created to take advantage of U.S. properties with little hope of securing refinancing continues to grow, but the recently created Valeo Fund will not be looking for the most coveted opportunities.

Thanks to allotted funds from the American Recovery and Reinvestment Act of 2009, the government has maintained a steady stream of construction activity during the recession, and Turner Construction Co. is getting in on the game.

Those big 100-plus-square-foot office leases that all but disappeared a year ago are slowly but surely beginning to pop up again.

Jones Lang LaSalle’s New York office has tapped Gregory Green as president of its National Agency Leasing Group. Green, who will work out of the New York office, will report to CEO of brokerage Greg O’Brien and also serve as chairman of JLL’s agency leasing committee as well as a member of its brokerage executive and leadership committees.

The data center real estate sector in areas across Latin America will grow by an average 61 percent by 2014, according to a recently released report by London-based international consulting firm BroadGroup.

It’s been in the works for years and now it is official: Cassidy Turley has officially launched.

Plenty of firms have formed new divisions to snap up loans on distressed commercial real estate and Kennedy Wilson is among them. The Beverly Hills, Calif.-based real estate investment and services firm has made its first move for its newly created investment platform, and it’s a big one.