Edward Forst

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  • REIT Returns

    As of Nov. 3, publicly traded SNL U.S. REIT Equity Index posted a 13.7 percent one-year total return.

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    The firm has signed a 15-year lease to occupy 41,900 square feet at 1251 Avenue of the Americas, a 54-story office tower Mitsui Fudosan America Inc. owns in Midtown Manhattan.

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  • Employment Picture

    For unemployment, the most significant decline was in the Production occupation with 36.3 percent, followed by Management, Business and Financial (22.9 percent) and Production, Transportation and Material Moving (22.7 percent).

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    Transwestern Investment Group sold the 226,358-square-foot Lincoln Towne Centre in Scottsdale on behalf of its TSP Value and Income Fund I LP.

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