Lease Cancellations: ADS Logistics Packs Up Some Facilities
September 9th, 2009ADS Logistics filed for Chapter 11 bankruptcy reorganization earlier this month. ADS provides integrated transportation, distribution and logistics services for the metals industry. It operates a nationwide network of warehousing, shipping and distribution…
Lower Manhattan’s Office-Supply Glut
September 9th, 2009Reliant on the financial-services industry, downtown Manhattan has seen vacancy rates soar as firms have gone out of business or laid off workers.
Equinix to Build Data Centers in D.C., Silicon Valley
September 9th, 2009Equinix Inc. announced plans to build a 170,000-square-foot data center in San Jose, CA and a 152,000-square-foot facility in the Washington, D.C. area, two of the nation’s most networked regions.
Foster City, CA-based Equinix will build its $145…
Consumer Shift To Value Affecting Anchor Tenant Mix
September 9th, 2009The bankruptcy, liquidation and underperforming-store-closure efforts executed by retail chains during this recession created a swath of junior anchor and anchor store vacancies across the nation. Combined with the screeching halt that healthy retailers…
French Property Investment Picks Up
September 9th, 2009International commercial-property investors looking for prime assets are beginning to target France.
The Lease Up (Sept. 6-12): Kaiser Renews, Gap Expands
September 9th, 2009Editor’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…
Report: CRE Sales Will Pick Up Next Year, But Values Expected to Stay Flat Through ’12
September 9th, 2009Credit markets for office, industrial, retail, hotel and multifamily property should see the effects of a gradual return of liquidity during the second half of 2009, Jones Lang LaSalle predicted in its U.S. Midyear Capital Markets Bulletin released last…
CRE Sales Will Pick Up, But Values Expected to Stay Flat Through ’12
September 9th, 2009Credit markets for office, industrial, retail, hotel and multifamily property should see the effects of a gradual return of liquidity during the second half of 2009, Jones Lang LaSalle predicted in its U.S. Midyear Capital Markets Bulletin released last…
CBRE’s Tighe Named REBNY Chairperson
September 9th, 2009Mary Ann Tighe, CEO of CB Richard Ellis’ New York Tri-State division and the company’s top producer last year nationwide, has been named chairperson of The Real Estate Board of New York (REBNY).
She will succeed Stephen M. Ross, the founder and CEO…
Mexican Real Estate Empire Faces Woes
September 8th, 2009The Cababie family is potentially on the hook for hundreds of millions of dollars due to personal guarantee loans used to finance two U.S. projects.
