Finance Net Leasing
Grubb & Ellis Sells Texas Office Property
July 17, 2008

Grubb & Ellis Realty Investors L.L.C. announced the disposition of 1410 East Renner Road, a two-story office building in the Dallas suburb of Richardson, on behalf of tenant-in-common investors. Built in 1999, the property offers approximately 117,000 square feet of rentable space situated on approximately seven acres of land. The property offers easy access to U.S. Highway 75 and State Highway 190, and has 516 on-site parking spaces for visitors and tenants. Originally purchased in October 2003, 1410 Renner Road was sold to LBA Realty L.L.C. CB Richard Ellis represented the seller and the buyer in the transaction.

 
Recent Net Leasing Headlines
W.P. Carey in $28M Sale-Leaseback
Sept. 04, 2008
W.P. Carey Group's publicly traded CPA:17 Global REIT has completed a $28 million sale-leaseback deal with wireless communications firm Sabre Industries on two industrial properties located in Alvarado, Texas and Bossier City, La.
ProLogis Inks 475,000-SF Build-to-Suit Deal Near Paris
Sept. 04, 2008
ProLogis has announced that it will build a new, 475,000-square-foot industrial warehouse near Paris for C&A France, the French subsidiary of international clothing retailer C&A.
A&B Takes Pacific American Services
Sept. 03, 2008
Alexander & Baldwin Inc. has announced today that its Matson Global Distribution Services subsidiary has completed the acquisition of Pacific American Services, L.L.C., a leading regional, asset-light warehousing, packaging and distribution company.
310-Acre South Carolina Land Purchase Heralds 3 MSF Industrial Park
Sept. 03, 2008
Trammell Crow Co. has just taken a 310-acre parcel of land in Summerville, S.C., off the hands of Eastway Properties, thereby paving the way for the company's development of Omni Commerce Park, a 3 million-square-foot industrial complex. Located about 15 miles from Charleston, the property will be built in segments, with the initial phase kicking off in September with construction of a 772,000-square-foot structure.
NetLease Q&A: Corporate Partners Capital Group's Sands Sees Healthy One-Off Deals, Approaching Market Equilibrium
Sept. 02, 2008
Net lease sales may be down from those easy-credit days before the summer of 2007, but Howard Sands, founding principle of Los Angeles-based Corporate Partners Capital Group Inc., thinks that the lower deal volume still includes a good many relatively healthy net-lease transactions.
 

 

REal Talk with Adam Perrotta-Wednesday
September 03, 2008
By Adam Perrotta, News Writer --While Manhattan's Downtown and Midtown South office submarkets have recently been billed as havens for smaller tenants looking to avoid the sky high rents of Class A Midtown space, such firms may still be able...

Korean Bank Confirms Interest in Buying Lehman Stake
September 03, 2008
By: Gail Kalinoski, Contributing Editor --Buzz about a possible sale of Lehman Brothers escalated today after a top official at state-owned Korea Development Bank confirmed that KDB was trying to form a consortium with private banks to buy a stake...

Sherwood Snaps Up 300,000SF NYC Office for $155M
September 03, 2008
By: Barbra Murray, Contributing Editor --The 307,000-square-foot office building at 370 Lexington Ave. in New York City's Grand Central submarket has come under new ownership, courtesy of a transaction valued at $155 million. Sherwood Equities Inc., acting in a joint...

Africa Israel Sells NYC Assets for $349M
September 03, 2008
By: Dees Stribling, Contributing Correspondent --Africa Israel Investments Ltd., a Yehud, Israel-based company owned by billionaire Lev Leviev that has real estate holdings in Israel, the United States, Russia and other countries, has agreed to sell some of its interests...

Gustav Not as Severe as Katrina
September 03, 2008
By: Scott Baltic, Contributing Edtor --Context is everything, and hurricanes appear to be no exception. Though Hurricane Gustav's impact on the Gulf Coast in Mississippi and Louisiana wasn't a love pat, locals mostly seem grateful that the damage it caused,...

It's All In The Message
August 29, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Top CEOs understand the power, influence, and leverage created by great messaging. Do you ever find yourself sitting back and marveling at those chief executives who always seem to have the right thing...

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...