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News Archive

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London Property Market Heats Up

August 19th, 2009

Investors who have built war chests to scoop up property at attractive prices are coming out of the closet and finding willing sellers.

Russian Construction Crashes Down

August 19th, 2009

The Russia Tower was to be a symbol of Russia’s promising future, but the skyscraper, supposed to be the tallest in Europe, now reflects the country’s construction bust.

Empty Bank Branches Add To Supply In Retail Real Estate

August 19th, 2009

In Chicago roughly 75% of Washington Mutual’s bank branches have gone dark. It’s a stark harbinger of what looms ahead for recession-battered retail real estate.

Corus Bids Enter the Final Stretch

August 19th, 2009

New York developer the Related Cos. and Lubert-Adler Partners, a Philadelphia real-estate investment firm, have teamed up to bid on the assets of condo lender Corus Bank.

In The Pipeline: CoStar Development and Construction News for Aug. 16-22

August 19th, 2009

In this week’s issue, a physician’s group has purchased seven acres in North Texas to expand its Forest Park Medical Campus. CB Richard Ellis Realty Trust acquires a recently delivered 116,338-square-foot office building from Opus Northwest in Minnetonka…

Skipper Bill Hankowsky Has Liberty Property Among REIT League Leaders

August 19th, 2009

Equity analysts use phrases like “solid execution” to describe Liberty Property Trust (NYSE: LRY), the $5.4 billion office and industrial REIT that owns 77 million square feet, mostly in prime suburban office and industrial markets in the southeast, Mid…

SECOND TIME AROUND: Resale/ Consignment/ Thrift Stores Thriving in Recession

August 19th, 2009

There’s nothing quite like a recession to spur growth in the consignment/resale/thrift store category. In fact, 2009 marked the first year that the National Retail Federation recognized resale shops as a bonafide category in its industry statistics and…

Commercial Real Estate Players Welcome TALF Extension

August 19th, 2009

The Federal Reserve this week extended the emergency program to help jumpstart credit markets by providing loans to buy bonds backed by commercial real estate mortgages. CRE capital market participants and industry advocates applauded, saying the added…

Gore to Give Greenbuild Keynote Address

August 19th, 2009

Former Vice President Al Gore will keynote the 2009 Greenbuild green building conference, the event’s organizer, the U.S. Green Building Council, said Wednesday.

Gore, who won a Nobel Peace Prize in 2007 for his activism in raising awareness of global…

The Lease Up (Aug. 16-22): SRG Inks Major Renewals for Nissan, Pacer

August 17th, 2009

Editor’s Note: Expansions Relocations & Extensions is now The Lease Up. Here you will find news on companies that are bucking the trend of the recession by expanding, or taking advantage of the market by relocating. You will also find stories on businesses…

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