201 Street

Commercial Real Estate and Business News

Archive for November, 2007

Emerging real estate trends

Posted by Brenda on November 30, 2007

San Francisco ranks fifth in the nation as a location for real estate development and investment, according to a national study released Thursday in San Francisco.

Read More at The San Francisco Examiner…

Forecasts mixed for Memphis commercial real estate

Posted by Brenda on November 30, 2007

Forecasts for commercial real estate next year in the Memphis area are mixed, according to a panel of local developers who gathered Thursday to discuss emerging trends .

Read More at BizJournals…

Real Estate and Development

Posted by Brenda on November 30, 2007

Las Vegas has been fortunate to have some of the leading experts on housing and development come to the city during the past month to give their insights on the future of real estate.

Read More at In Business Las Vegas…

LOS ANGELES—-Los Angeles’ largest commercial real estate owners, The Blackstone Group, Jamison Services and Maguire Properties today announced their support for higher wages and family healthcare for the security officers that protect their properties and urged their security contractors to settle a fair contract for security officers as soon as possible.

Read More at Business Wire via Yahoo! Finance…

Adler Real Estate AG / Quarter Results 30.11.2007 Release of an Ad hoc announcement according to

How to survive the real estate market

Posted by Dylan on November 29, 2007

If your business suffers from real estate blues brought on by plummeting prices, it may come as little comfort to know that this trend was supposed to have ended by now. When the market began its downturn in early 2006, some of the smartest economists in the country, as well as the CEOs of major home-builders and the National Association of Realtors, predicted that prices would rebound by …

Read More at CNN Money…

When Manhattan developer Larry Silverstein comes to Hempstead Dec. 5 to keynote a program at Hofstra’s Wilbur F. Breslin Center for Real Estate Studies, it won’t be his first foray into our suburban midst.

Read More at Newsday…

Prudential real estate firm launches appraisal group

Posted by Elaine on November 28, 2007

Prudential CRES Commercial Real Estate has formed a commercial real estate appraisal group. CRES Appraisal Services LLC, headed by President Dan A. Paulus, expects to have 12 appraisers in its Phoenix-Scottsdale office and open multiple locations throughout the United States. Paulus has 25 years of experience in commercial real estate and specializes in forensic valuation to provide law firm …

Read More at BizJournals…

Commercial Real Estate Could be Headed for Trouble

Posted by Elaine on November 28, 2007

The commercial real estate industry may have shrugged off the troubles of its residential counterpart following the subprime mortgage crisis — but some say this isn’t destined to last.

Read More at Commercial Property News…

NEW YORK - As Wall Street banks tighten their purse strings on commercial real estate financing, other lenders are ready to foot the bill.

Read More at San Jose Mercury News…

Seyfarth Shaw LLP, one of America’s leading full-service law firms, announced today that Mark A. Block, a partner based in the firm’s Atlanta office, has been appointed Chair of the firm’s Real Estate Practice Group. Block’s practice specializes in commercial real estate development and finance. (PRWeb Nov 27, 2007) Post Comment:Trackback URL: …

Read More at PRWeb…

When Manhattan developer Larry Silverstein comes to Hempstead Dec. 5 to keynote a program at Hofstra’s Wilbur F. Breslin Center for Real Estate Studies, it won’t be his first foray into our suburban midst.

Read More at Newsday…

NEW YORK No doubt the collapsing housing market has played a huge role in the downturn of real estate classified advertising. For the third quarter, the Newspaper Association of America reported that real estate ad revenue plummeted 24.4% to $1 billion compared to the same period a year ago.

Read More at Editor & Publisher…

Commercial Defeasance, LLC recently facilitated a $28,400,000 multi-property Canadian defeasance transaction for Concert Real Estate Corporation, a real estate development and ownership company based in Vancouver, British Columbia.

Read More at CNW Group via Yahoo! Finance…

Salhia Real Estate Company (SREC) announced that it has signed an agreement with Bahrain Bay Development B.S.C.(c), to acquire land and develop a prestige commercial and retail tower with an expected value in excess of $125m.

Read More at AME Info…

Pr. William leans toward rejecting real estate tax hike

Posted by Elaine on November 26, 2007

The Prince William County staff has recommended against increasing the commercial real estate tax to raise more than $17 million annually for roads because it could hurt the county’s efforts to lure new business. Although the county is faced with $344 million in unfunded transportation needs over the next six years, a budget analysis showed that its office vacancy rate has more than quadrupled …

Read More at The Washington Examiner…

Sustainable Real Estate Development gains momentum

Posted by Marcus on November 26, 2007

New Delhi, Nov 26: Sustainable Real Estate presents India with an unique opportunity to make concrete progress in the country’s effort to improve its environment.

Read More at New Kerala…

ZANA Network, LLC, an online sales, marketing and business development resource serving small and medium enterprises worldwide, today announced the availability of personalized real estate brokerage services for its members through a relationship with Quorum Commercial Detroit, LLC.

Read More at PR Newswire via Yahoo! Finance…

Barwa Real Estate unveils Ajman freehold property

Posted by Dylan on November 26, 2007

Dubai: Qatari developer Barwa Real Estate has unveiled Ajman Corniche Residence, a cluster of seven interlinked towers, a statement said. Ajman Corniche Residence is located on the Ajman Beach Road. Shopping malls, entertainment centres and residential areas are located nearby.

Read More at Zawya…

Woes touch commercial real estate

Posted by Brenda on November 26, 2007

The commercial real estate market largely has shrugged off the housing market’s woes, but that happy trend might not last forever.

Read More at The Palm Beach Post…

Commercial real estate’s a bargain

Posted by Brenda on November 26, 2007

A European investor is eyeing two of AT&T Inc.’s Midtown buildings, signaling a potential surge of cash-rich foreign investors into the Atlanta market.

Read More at BizJournals…

There?s the iconic Batman building, now AT&T?s headquarters, rising high above Commerce Street downtown. Or there are the plain, workmanlike warehouse complexes sprouting along and off Interstate 24 southeast of the city to feed Nashville?s reputation as a transportation and shipping center.

Read More at Ashland City Times…

COMMERCIAL REAL ESTATE FOR SALE

Posted by Marcus on November 26, 2007

PIRAEUS center, office space, 200 sq.m., 7th floor in a commercial building. Top location with panoramic view. (Code 0268 AP.) For more information, please contact Aggeliki Panoutsou, angie@ remax-one.gr, REMAX ONE, 210.96.28.900. (HT6376)

Read More at Kathimerini…

REAL ESTATE TRANSACTIONS

Posted by Dylan on November 25, 2007

Real estate transactions recorded at the Manatee County Courthouse:

Read More at Bradenton Herald…

Real estate broker seeks ed board seat

Posted by Marcus on November 25, 2007

Richard Meginnis, a commercial real estate broker, announced Friday his plans to seek the District 2 Lincoln Board of Education seat. The 49-year-old lifelong Lincoln resident and registered Republican will face Doug Evans, also a Republican, in the May 1 general election.

Read More at Lincoln Journal Star…

(RTTNews) - Friday, the media reported two US-based quick service restaurant chains- QSRs -, Burger King and Wendy’s held discussions with DLF Ltd, the real estate major in India, for a possible access into the Indian market. However, the exact modalities of partnership are yet to be finalized.

Read More at Nasdaq…

Sunrise Real Estate Group, Inc. Signs One New Contract

Posted by Elaine on November 23, 2007

Sunrise Real Estate Group, Inc. announced that it has entered into one new agency sales contract on November 6, 2007, for the sale of the Fuyang Yijing International Garden residential complex in Fuyang City, Anhui Province, China.

Read More at PR Newswire via Yahoo! Finance…

A commercial real estate seminar is asking potential investors: “What’s Stopping You?” The seminar, slated for Dec. 11, is being held by the Providence, R.I.-based Oceanside Mortgage Group.

Read More at Commercial Property News…

Regulations to increase investor protection went into effect Sept. 30, raising compliance costs, which may make it difficult for smaller real estate managers to survive. Real estate investment trusts trading at less than their net asset value are likely takeover targets.

Read More at International Herald Tribune…

Takeovers loom for Japanese real estate companies

Posted by Brenda on November 23, 2007

Regulations to improve investor protection went into effect Sept. 30, raising compliance costs, which may make it difficult for smaller real estate managers to survive.

Read More at International Herald Tribune…