Finance Net Leasing
Grubb & Ellis Sells Maitland Promenade in Maitland
July 10, 2008

Grubb & Ellis Realty Investors L.L.C.  announced the sale of Maitland Promenade, a five-story office building in Maitland, Fla., on behalf of tenant-in-common investors. Built in 2001, Maitland Promenade offers approximately 230,000 square feet of rentable space situated on approximately nine acres of land. Located at 495 North Keller Road, the property includes a three-story parking garage with 990 parking spaces for visitors and tenants. Originally purchased in September 2005, the property was sold to Flagler Development Group. Holliday Fenoglio Fowler L.P. represented the buyer in the transaction.

 
Recent Net Leasing Headlines
ProLogis Leases 460,000 SF in Shanghai
Oct. 07, 2008
ProLogis has announced it has leased a total of approximately 460,000 square feet to two customers in Shanghai, China In the Pudong submarket of Shanghai, at ProLogis Park Jinqiao,
mmarsden ProLogis Lands on Two New Dow Jones Green Indices
Oct. 03, 2008
ProLogis announced October 2nd that it has been included on the Dow Jones Sustainability Indices. These indices are the first to track the financial performance and viability of leading businesses worldwide known for their green initiatives. The indices provide asset managers with objective benchmarks to manage sustainability portfolios, which are increasing in number to meet a growing demand among investors.
NetLease Q&A: American Realty Capital Exchange's  Watt Says 1031, TIC Slowdown is Cyclical
Sept. 30, 2008
The 1031 exchanges and tenant-in-common deals have had a rough time of it lately. Until last year, there was a booming volume of real estate investment sales, which provided the necessary folder for a healthy 1031 exchange and TIC market. In particular, as apartments went condo, the sellers needed a tax-advantageous exit strategy.
One Liberty Acquires $53M of Retail in Sale-Leasebacks
Sept. 30, 2008
As the credit crunch tightens its grip on lending, REIT One Liberty Properties Inc. is looking to take advantage of retail owners seeking sale-leaseback deals. In this month alone One Liberty has bought and leased back nine Office Depot locations for more than $53 million.
JV Takes Boston-Area Properties for $28M
Sept. 29, 2008
Taurus Investment Holdings L.L.C. and DivcoWest have acquired two properties in North Reading, Mass., from Teradyne Inc., for $27.5 million. CB Richard Ellis Inc. of New England arranged the transaction.
 

 

ProLogis Lands on Two New Dow Jones Green Indices
October 03, 2008
By Judy Feldman, Contributing Correspondent -- ProLogis announced October 2nd that it has been included on the Dow Jones Sustainability Indices. These indices are the first to track the financial performance and viability of leading businesses worldwide known for their...

Colonial Properties Sells M-F Asset for $58M
October 03, 2008
By Judy Feldman, Contributing Correspondent -- Colonial Properties Trust has announced that it has completed the sale of Colonial Grand at Hunter's Creek, a 496-unit apartment community located in Orlando, Fla. The asset went for $57.7 million in net proceeds,...

KW, Guardian Life Partner on $84M San Jose Apartment Purchase
October 03, 2008
By Barbra Murray, Contributing Editor -- Beverly Hills-headquartered Kennedy Wilson Multifamily Management Group and New York City-based Guardian Life Insurance Co. of America have shelled out $84 million for Avalon at Blossom Hill, a 324-unit apartment property in San Jose,...

Lanesborough REIT Acquires Office, M-F Complex in Canada for $38M
October 03, 2008
By Elena Gontar, Staff Writer -- Lanesborough Real Estate Investment Trust has completed the previously announced $38 million acquisition of an apartment/office complex in Winnipeg, Manitoba, known as Colony Square. Lanesborough REIT had previously owned a 1.5 percent beneficial interest...

REal Talk with Adam Perrotta-Thursday
October 02, 2008
By Adam Perrotta --With all the talk of late about the financial slowdown and credit freeze, the past couple of days have seen a surprising amount of projects getting major financing. Just today and yesterday have seen Bozzuto getting a...

Management Matters with Mike Myatt: Partisan Politics Not Always Bad
October 03, 2008
The truth about partisan politics is that contrary to public opinion, it's not always a bad thing. Likewise, bipartisan efforts don't always reflect altruistic behavior and selfless acts. From my perspective, it isn't necessarily the stance you take, but rather...

Management Matters with Mike Myatt: Facing Up to Rogue CEOs
September 26, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Rogue CEOs. Given the recent failures of banks and financial institutions previously thought to be untouchable, there has been a tremendous amount of justifiable venom being spewed at the CEOs of these firms....

When to Consider Corporate Restructuring
September 19, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Times are tough, and they're likely to get tougher, so my question is this; Should you, or should you not, consider a move toward corporate re-engineering? Whether directly or indirectly, your business will...

Expectation Alignment Key to 'Promise Management'
September 05, 2008
by Mike Myatt, Chief Strategy Officer, N2growth --The art and science behind making commitments and managing expectations has always been a critical skill set for senior executives and entrepreneurs to master. In fact, understanding how to come out on the...

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...