Nine firefighters died June 18 while battling a massive warehouse blaze in Charleston, S.C. Investigators discovered the Sofa Super Store warehouse wasn’t protected by a fire sprinkler system – nor was it required to be. The warehouse was built...
The following is a condensed version of the apartment owners portion of the 2007 NMHC 50, an annual ranking of the 50 largest U.S. apartment owners and managers published in NREI's April issue. The companies below are ranked according to the...
When it was constructed in 1889, the 13-story Ames Building was the first skyscraper in Boston. The wealthy Ames family owned the hugely successful agricultural tool business, Ames Plow, launched in the late 1770s. Ames Plow picked a pinnacle...
Marco's Pizza is hungry for a bigger slice of the $37 billion U.S. pizza industry. By the end of 2011, the Toledo, Ohio-based chain of pizza restaurants plans to operate 1,500 store locations in 40 states. If it achieves that objective, Marco's...
When the mother of all privatization deals was announced in November 2006, it rocked Wall Street and the REIT industry. A proposed buyout of Equity Office Properties Trust (EOP) by The Blackstone Group, a $20 billion deal not including debt, would...
While an ongoing housing correction has depressed residential land prices by more than 30% in some parts of the country, commercial property values are moving in the opposite direction, say experts. Such a substantial jump in commercial land...
JAN 2007 VOL.2 > European CMBS Market Heads toward €100 Billion Milestone > Brazil Attracts International Investment > All the World's A Warehouse > Investment Notes > Foreign Exchange > Did You Know? Events...
More owners and retailers are returning to cities for sites, trying to tap into underserved markets and capitalize on the preference of Baby Boomers and Generation Yers for urban living. The days where everything was about greenfield development...
“There must always be a burn in your heart to achieve. In the quiet of your solitude, close your eyes, bow your head, grit your teeth, clench your fists. Achieve in your heart, vow and dedicate yourself to achieve, to achieve.” — Trammell Crow...
Two trends converged Monday with the announcement of the proposed $3 billion acquisition of Trustreet Properties, a net lease REIT that specializes in restaurant properties, by the Franchise Finance division of GE Capital Solutions...