Blackstone/DDR Team Up to Acquire $1.4B Shopping Portfolio

Private-equity kingpin Blackstone Group (NYSE: BX) made its latest foray into commercial real estate, joining forces with DDR Corp. (NYSE: DDR) in a deal to acquire a shopping center portfolio…

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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…

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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,…

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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…

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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.…

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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…

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SOLD! – Fessenden Court Apartments in Portland, Oregon

We are pleased to announce the sale of our exclusively listed Fessenden Court Apartments, a 9 unit community located in North Portland, Oregon.

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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.

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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.

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SOLD! – Calico Court Apartments in Beaverton, OR

We are pleased to announce the sale of our exclusively listed Calico Court Apartments, an 8 unit community located at 12220 SW Calico Court in Beaverton, Oregon.

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