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Sares Regis Takes California Industrial Facility, Plans Expansion
May 09, 2008
Sares Regis Group of Northern California has purchased Pinole Point Business Park in Richmond, Calif.
Procter & Gamble Leases 1.2MSF Suburban St. Louis Industrial Building
May 09, 2008
In an effort to fulfill its need for a large block of industrial space in the St. Louis area, Procter & Gamble has signed a lease that will expand an existing 580,000-square-foot distribution center into a 1.2 million -square-foot facility.
Survey Predicts Substantial Growth in Datacenters Over Next 12 Months 
May 09, 2008
In a new survey just released by Digital Realty Trust Inc., 86 percent of respondents, more than 300 senior IT decision-makers at Fortune 2000 companies, said their organizations will “definitely or probably” expand their datacenters in the coming 12 months. 
Alter Sells 2 Phoenix Industrial Properties for $41M
May 09, 2008
The Alter Group has sold two distribution buildings totaling 684,000 square feet at its 162-acre Buckeye Logistics Center in Phoenix.
DCT Industrial Sees Strong Leasing Activity in Memphis
May 09, 2008
DCT Industrial Trust Inc., a Denver-based industrial REIT, has signed more than 770,000 square feet of leases in Memphis, including two companies that expanded and a new client.
South Korea ProLogis Expands Presence in South Korea with $86M Portfolio Acquisition
May 09, 2008
Less than a month after announcing two build-to-suit agreements in South Korea, ProLogis Korea Property Fund has acquired approximately 889,000 square feet of industrial warehouse space there for $86.3 million.
Environmentalists OK Conservation Deal for California Development
May 08, 2008
After years of legal battles and negotiations, several major environmental groups and the Tejon Ranch Co. today announced they have reached an agreement that would preserve 90 percent of the 270,000-acre Tejon Ranch in California and enable development of a master-planned community, resort and industrial complex to continue.
14 Net Lease Properties Go for $123M
May 08, 2008
Net lease brokerage Stan Johnson Co. completed the sale of a 14 property portfolio, containing more than 900,000 square feet to Cole Cos. for $123 million, it has reported.
Ontario's Next Generation Jobs Fund Likely to Have Real Estate Impact
May 08, 2008
The government of Ontario is on the verge of awarding a new series of grants to local businesses, a move that promises to stimulate demand for certain kinds of real estate indirectly, particularly space suitable for high-tech research or manufacturing.
Orlando Sanford International Airport to Join Model Ports Initiative
May 08, 2008
Orlando Sanford International Airport is one of 20 gateway airports nationwide selected to join the U.S. Customs and Border Protection’s Model Ports Initiative, a joint venture that includes federal agencies, the travel industry, airlines and airport authorities.
zaragoza ProLogis to Develop 860,000SF Pre-Leased Distribution Facility in Spain
May 07, 2008
ProLogis has unveiled plans to develop and lease an 860,000-square-foot industrial facility in northern Spain to Bosch-Siemens Home Appliance.
AMB  Leases 126,000 SF in Chicago Development
May 07, 2008
AMB Property Corp. has announced it has leased approximately 126,000 square feet in a Chicago development to Ashley Furniture, an industry leading manufacturer of quality furniture products.
Duke, CBRE Realty Form $800M JV
May 06, 2008
Duke Realty Corp. and CB Richard Ellis Realty Trust have just entered into a partnership to which Duke will contribute as much as $800 million of new industrial projects over a three-year period.
Freedom Environmental Signs Contract for 20 Acre Parcel in San Diego
May 06, 2008
BMXP Holdings Inc. has been informed by Freedom Environmental Services (FES) that it has signed a contract to purchase a 20 acre land parcel in the Orlando area of Florida.
Jury awards $67 million in Florida Eminent Domain Case
May 06, 2008
In an eminent domain proceeding that began just after Florida tightened its eminent domain laws, a jury has awarded $67 million to Keystone Coal, according to Brigham Moore L.L.P., the law firm representing the firm.
Krolman, Janet GE Real Estate Funds $960M for 34-Property iStar Portfolio
May 05, 2008
New York City-based iStar Financial Inc. has taken a single-source $960 million loan against a portfolio of 34 triple-net-leased single-tenant properties. Holliday Fenoglio Fowler L.P.  arranged the adjustable-rate, interest-only loan through GE Real Estate.  
ProLogis Completes First Lease Transaction in Rome
May 05, 2008
ProLogis has announced that it has leased 327,000 square feet of distribution space in Rome, Italy, to Coop Italia, a major Italian supermarket chain.
New Data Center in Dallas
May 02, 2008 - Source: Dallas Morning News
Dallas-based tech services firm Clearview Managed Services has opened a 20,000 square foot facility on LBJ Freeway.
New Data Center in Dallas
May 02, 2008 - Source: Dallas Morning News
Dallas-based tech services firm Clearview Managed Services has opened a 20,000 square foot facility on LBJ Freeway.
Mass. Manufacturing Plant Subject of FDA Warning
May 02, 2008 - Source: Boston Globe
Stryker Corp. said on Friday that it has received a Food and Drug Administration warning letter regarding quality issues at its Hopkinton plant.
LIRR to Reopen Republic Train Station
May 02, 2008
The Long Island Rail Road plans to reopen the Republic train station in East Farmingdale, which could lead to a 1.2-million-square-foot development in the area, Newsday reported.
Users Snap Up 1.2M SF of Diminishing Industrial Space in Silicon Valley
April 30, 2008
Demand for industrial product in Northern California's Silicon Valley remains strong, as evidenced by real estate services firm Colliers International's closing of 1.2 million square feet in new and expanded leases over the last two months.
AMB Expands Presence in Port of Hamburg
April 30, 2008
AMB Property Corp. has acquired an industrial complex near the Port of Hamburg, Germany, totaling more than 930,000 square feet of existing buildings and 16 acres of land. Kuehne + Nagel, a Swiss logistics company and AMB customer in other parts of the world, has leased about 402,000 square feet of the park in connection with this purchase.
Maxxam Expands Los Angeles Fashion District with New Projects
April 30, 2008
Maxxam Enterprises is leading a redevelopment campaign in Los Angeles’ fashion district with five new projects totaling more than 200,000 square feet in various stages of development, the company announced today. 
Steve Furnary ING Clarion Report: Commercial RE to See Challenges in ‘08
April 30, 2008
Beset by a slowing economy and continued fallout from the subprime mortgage crisis, commercial real estate will likely face challenges as demand slows in 2008.
 

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