Business Specialties Leasing
NAI/Merin Hunter Codman Expands Medical Real Estate Niche
May 20, 2008

NAI/Merin Hunter Codman has won the assignment for leasing for 86,000 square feet of medical office space located on the campus of St. Mary¹s Medical Center, a Tenet Healthcare-owned hospital in West Palm Beach, Fla. The assignment involves leasing medical space in three buildings, the Professional Center, the Children¹s Pavilion and the Medical Pavilion on behalf of Tenet Healthcare Corp. In addition, NAI/Merin Hunter Codman has been chosen by Alliance Properties PBL L.L.C. to market a land parcel across from Good Samaritan Hospital, also in West Palm Beach, that is permit-ready for development as an 18,000 square-foot medical office building.

 
Recent Leasing Headlines
Major Lease Renewed at Argon Plaza in Virginia
Aug. 26, 2008
Argon ST has renewed its lease of 165,000 square feet at Argon Plaza in Fairfax, Va.
Emeritus to Lease 11 Seniors Housing Properties from HCP
Aug. 26, 2008
Assisted living services provider Emeritus Corp. will soon bring a new group of seniors housing properties under its umbrella now that it has signed an agreement with affiliates of HCP Inc. to lease 11 communities accounting for an aggregate 1,462 units in six states from California to Massachusetts. The lease carries a 10-year term and allows Emeritus the option to acquire the assets during the period commencing with the close of the fifth year of the lease until its expiration. If the company decides to acquire the portfolio, the price tag will be a minimum $300 million.
2.7M San Fran Biotech Project to Welcome Pfizer to 100,000-SF Space
Aug. 22, 2008
The Alexandria Center for Science and Technology at Mission Bay, a behemoth 2.7 million-square-foot life science cluster being developed by Alexandria Real Estate Equities Inc. in San Francisco, will become home to a division of Pfizer now that the pharmaceutical company has pre-leased 100,000 square feet at the property.
Amazon Leases 513,000-SF Warehouse Outside of Phoenix
Aug. 22, 2008
In an effort to accommodate increasing demand, Amazon.com recently leased a 513,000-square-foot warehouse in Goodyear, Ariz., from Duke Realty.
36,100-SF Pre-Lease Adds to Tenant Roster at 436,000-SF Houston Office Project
Aug. 22, 2008
A two-building spec office project totaling 436,000 square feet at the 150-acre Westway Park office campus in Houston continues to grab attention, as developer Dienna Nelson Augustine Co. secures another commitment for the project.
 

 

Equity Residential Gets $550M Loan
August 28, 2008
By Barbra Murray, Contributing Editor -- Chicago-based Equity Residential Inc. has closed on $550 million in financing, putting up 15 of its multi-family properties as collateral. Originated by Wells Fargo for repurchase by Fannie Mae, the secured interest only loan...

Lehman May Accelerate Mortgage Asset Sales
August 28, 2008
By Dees Stribling, Contributing Correspondent -- Lehman Brothers Holdings Inc., in an effort to both staunch its massive losses and tap into a burgeoning market for commercial real estate debt, is reportedly exploring a strategy that would have it set...

Fire Brought Down 7 WTC: Report
August 28, 2008
By Tom Dworetzky, News Editor -- At a technical briefing this week, Shyam Sundar, lead investigator for the federal building and fire investigation of the World Trade Center disaster conducted by the National Institute of Standards and Technology, revealed in...

Maguire Wraps Up $211M Orange County Office Sale
August 28, 2008
By Barbra Murray, Contributing Editor -- Los Angeles-based Maguire Properties Inc. has closed the disposition of Main Plaza, selling the 607,000-square-foot trophy office complex in Irvine, Calif., to Shorenstein Properties L.L.C for $211 million including the assumption of $161 million...

Fund Invests $44M in Texas, Ohio Student Housing
August 27, 2008
By Gail Kalinoski, Contributing Editor -- The Place/BV Student Housing Fund L.L.C. continues to make investments in student housing facilities across the United States, with two more announced today. The properties will be developed in Texas and Ohio for $44...

Do You Have A Bad Attitude?
August 22, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Show me a CEO with a bad attitude and I'll show you a poor leader. While this sounds simple enough at face value, I have consistently found that one of the most often...

Is Family Business a Good Idea?
August 15, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Oh what a conundrum! Family business: Should I, or shouldn't I? In my opinion there really isn't a right or wrong answer to this question. It is simply a matter of personal preference....

What to Do When Marketing Goes Wild
August 08, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Have your company's marketing initiatives wandered astray? Is the proverbial tail starting to wag the dog with respect to your current marketing campaigns? How do you know when marketing is out of control?...

Six Mistakes Real Leaders Avoid
August 01, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --I recently had a reader ask: "Is there a simple test that can be used to quickly determine an executive's leadership ability?" The short answer is yes. There are, in fact, a great...

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...