Judge Rules Lehman May Match EQR’s Offer for Archstone
In a move that could ultimately give full ownership of Archstone to bankrupt Lehman Brothers Holdings Inc., a judge on Wednesday approved Lehman’s right to match a $1.33 billion offer…
Trane Completes Lease of 625,000 SF in Southeast Memphis
Trane, Inc., a leading manufacturer of air conditioning systems, put the finishing touches last week on its 625,000-square-foot lease for the entire industrial building at 5200 Tradeport Dr. in Memphis,…
Salesforce.com Leases 402,000 SF in San Fran’s CBD
Salesforce.com took more office space in San Francisco. The CRM software and cloud computing giant signed for 401,786 square feet at 50 Fremont St., a 41-story, 817,412-square-foot office tower. The…
In The Pipeline: CoStar Development & Construction News for Jan. 8-14
In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers.…
LaSalle Finalizes $136M Sale of Chicago Tower to Hearn
LaSalle Investment Management sold 55 W. Monroe, a 40-story office building in Chicago’s central business district. The Hearn Co. closed on the tower for $136 million or $168 per square…
Projection: Rents, Incomes to Grow Together
Higher rents and drops in home ownership are helping to spur investors' interest in the apartment sector, even from developers who typically focus on malls and offices.
New Year, New Opportunities
Thanks to a favorable combination of limited supply and demand—and the unfortunate circumstances plaguing the single-family home market—multifamily is expected to continue thriving.
Business Briefing with Brian Bushlach – January 8, 2012
Joseph Chaplik is a routine guest speaker on the Business Briefing show with Brian Bushlach, Sunday afternoons on 101.1FM KXL. Topics discussed include the current apartment market, multi-family trends, forecasts,…
Numbers Show Another Strong Year
The returns are starting to come in from 2011, and it looks like apartment owners were the winners.
Apartment Kick-Off Webinar: Look for Continued Multifamily Growth
It’s not exactly a secret that in 2011, the multihousing sector was the most active one when it came to commercial real estate. The panelists were optimistic that 2012 will…