Business Management People on the Move
Duke Names Development and Leasing Head for East Region
May 20, 2008

Duke Realty Corp. announces that Bob Grossi has been named vice president of development and leasing for its East Region, with primary responsibility for overseeing the redevelopment of the former General Motors' assembly plant site in Linden, N. J. Grossi joined Duke in 1999 and most recently served as the national development manager for the company's National Built-to-Suit Group where he was responsible for more than $230 million in new development business. In his new position, Grossi will manage Duke's northern New Jersey business which includes the Linden redevelopment project and be responsible for creating and expanding new opportunities for owned portfolio, third-party, and built-to-suit construction projects in northern New Jersey and other Duke developments along the eastern seaboard.

 
Recent People on the Move Headlines
Kempner to Depart MBA, Courson to be Named New COO
July 23, 2008
Jonathan Kempner will be stepping down from his role as president and chief executive officer of the Mortgage Bankers Association on December 31.  Kempner joined the company in March 2001 to lead the firm through a turnaround in its operations. Under his leadership, the association doubled its revenues and operating reserve fund.
Jones Lang LaSalle Elects Staubach to its Board of Directors
July 23, 2008
Jones Lang LaSalle Inc. said today that Roger Staubach has been elected as a member of its Board of Directors.
Magellan Development Launches Magellan Project Services
July 22, 2008
Magellan Development Group, a Chicago-based  residential developer, has created a consulting service – Magellan Project Services – to assist financial institutions coping with development challenges or underperforming assets in the current difficult real estate environment.
Jones Joins Grubb & Ellis as EVP, Operations
July 22, 2008
Grubb & Ellis Co. hired James Jones as executive vice president operations.
VFA Taps Haifleigh as Director, Sustainability Solutions
July 21, 2008
VFA Inc. said that Susan Haifleigh has joined the company as director of Sustainability Solutions.
 

 

REal Talk with Adam Perrotta
July 23, 2008
By Adam Perrotta, News Writer --It appears as though the tide of opinion calling for government aid for the foreclosure crisis has impelled President Bush to drop his opposition to a $3.9 billion housing rescue bill. Whether Bush's reversal was...

Sterling JV Pays $38M for Tampa Apartments Despite Soft Market
July 23, 2008
By Scott Baltic, Contributing Editor -- Sterling American Property Inc., in a JV with The Collier Cos., has purchased the St. Croix Apartments, a 540-unit, gated, resort-style apartment community in Tampa, for just north of $38 million. The seller was...

Trio of Projects to Bring 1.7M SF to Suburban DC
July 23, 2008
By Barbra Murray, Contributing Editor -- The souring economy hasn't altogether dampened development activity. In the Washington, D.C., suburb of Arlington, Va., news has emerged about three new office and mixed-use projects that will bring a total of 1.7 million...

Westcore Sells Vienna Office for $39M
July 23, 2008
By Thomas Peretti, Contributing Correspondent -- Westcore Properties has announced the sale of a Class A Austrian office building. The 125,000-square-foot property sold for $39.2 million (24.5 million Euros) to Credit Suisse Asset Management Immobilien Kapitalanlagegesellschaft mbH. The six-story building...

Bush Drops Resistance to Housing Bill; House Expected to Vote Today
July 23, 2008
By Erika Schnitzer, Associate Editor, Multi-Housing News -- Despite his objections over a $3.9 billion provision that would assist communities devastated by foreclosures, President George W. Bush today dropped his opposition to housing rescue legislation. He was previously threatening to...

Top Brokers Do Deals in Bad Markets, Too
July 18, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Many in the industry long for the frothy markets of 2005 when sellers experienced record low cap rates, buyers were aided by loose credit and a strong flow of funds from the capital...

Know Thy Customer
July 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --How well do you really know your customer? Let me put this as simply as I can. If you want to succeed in business you must be in touch with the demands of...

How to K.I.S.S Problems Goodbye
June 27, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Keep It Simple Stupid. One of the most effective ways to order your world is to simplify everything you encounter. The problem is that keeping it simple often becomes very difficult when our...

Does Appearance Matter?
June 20, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --So, do appearances really matter? They shouldn't, but the reality is that they most certainly do. As the old saying goes, "you only get one chance to make a first impression," and often...

Recognizing the Need for Change
June 13, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Since the title of today's column is "Recognizing the Need for Change," I'm going to switch things up a bit and ask you to answer a question posed by me. I first warned...