Property Types Office
CT Takes Fleetwood HQ
May 09, 2008
Newport Beach, Calif.-based CT Realty Corp. has acquired Citrus Park, a 12-building office and industrial park in Riverside, Calif., from Fleetwood Enterprises Inc.
Home In on Green Ratings
May 09, 2008
Home builders have lamented in recent years that the U.S. Green Building Council’s Leadership in Energy and Environmental Design standards for office and institutional properties apply to single- and multi-family properties awkwardly.
Pipeline Preparation
May 09, 2008
Given the green building movement’s momentum, some sources suggest it might be difficult for a single body to rate all the existing and new buildings seeking certification.
Wells REIT II Buys Atlanta Office Campus in AT&T Sale-Leaseback
May 09, 2008
Wells REIT II has acquired a five-building, 1 million-square-foot office campus in the Buckhead submarket of Atlanta, through a long-term sale-leaseback with AT&T. The campus will headquarter AT&T Wireless' operations in the city. The transaction's terms were not disclosed.
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.
San Diego Economy, Real Estate Likely to Remain Unsettled
May 08, 2008
The San Diego area’s economy will remain beset by job losses in real estate and weak growth in other sectors for at least another two quarters, according to the annual UCLA Anderson Forecast from the University of California–Los Angeles Anderson School of Management.
JPG Takes 2 Bethesda Office Buildings for $80M
May 08, 2008
The JBG Cos. has bought two North Bethesda, Md., properties for $80 million. Together, the class A buildings contain 346,000 square feet. The are located on the Rockville Pike near the Montgomery Mall.
$18M Loan Paves Way for Beverly Hills Office & Retail Building
May 07, 2008
A plan to convert a former gas station site in Beverly Hills into the home of a 30,000-square-foot spec office and retail structure gets a boost with Newmark Realty Capital Inc.'s orchestration of an $18.1 million loan for the project
GSA Renews Lease in Virginia
May 07, 2008
Lerner Enterprises of North Bethesda, Md., has announced that is has secured a lease renewal for 236,000 square feet with the General Services Administration (GSA) on behalf of the Department of Defense at 400 Army Navy Drive in Arlington (Pentagon City), Va.
Newsweek Relocating NYC HQ to 395 Hudson
May 07, 2008
Newsweek has signed a long-term lease for approximately 163,000 square feet at 395 Hudson St., owned by the New York City District of Carpenters Pension Fund.
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