Front Page

Retail center occupancy declined in Houston in 2009 even with a considerable drop in new construction, according to the Weitzman Group. In terms of new construction, 2009 saw a cutback in the volume of new centers with 25,000 sf or more. For the year, the market added approximately 2 million sf of retail space in new and expanded projects, less than half the 4.9 million sf that came online in 2008. As of year-end 2009, the Houston market reported a vacancy rate of 86 percent, compared to an occupancy rate above 87 percent at year-end 2008, Weitzman said.

RNR Headlines

February 9, 2010 - Headlining the Residential Topics is Kolter Group's acquisition of the partially developed Seasons on Lake Lanier in Georgia…. …..In the Multi-Family Magazine, a Houston partnership sells the 238-unit Shady Oaks South Apartments in Austin's SoCo in a Marcus & Millichap-arranged deal while a 17-unit complex in Oregon is sold by Hendricks & Partners…. …..The National Gazette has details about Kimco's $14 million loan for the 200,126-sf Pavilions Center in Federal Way, Wash., a 12-property industrial portfolio sale in Florida and AMD Global's new lease for its New England headquarters office…. …..Shelbo Developmental LLC buys a 10-acre holding in Garland, TX in today's Dallas/Fort Worth news.

February 8, 2010 - The Irvine office of Hines announced that 2211 Michelson, the 12-story office building located in the heart of the Irvine Business Complex, has signed five new tenants, for a total of 44,000 sf. See details at the National Gazette. In other national news, Penn National Gaming closes on the 123-acre acquisition for a $400 million casino in Columbus, Ohio and a retail sale in Winona, Minn.... .... .... .... .. Intermarine renewed its lease of 23,000 sf in the Greenspoint area of Houston, according to CBRE on the Leasing Briefs page.... .....Harkinson Investment Corp. acquires its neighbor's 60,530-sf office flex building in a signal to the market that it's ready to buy once again. The Dallas/Fort Worth page has the details…. …..Holliday Fenoglio Fowler adds another net-lease professional in Dallas, rounding out a team that provides a new focus for the company. Who's been hired leads today's People Blog…. …..The Multi-Family Magazine features the purchase of two complexes in Newport Beach, Calif.

February 5, 2010 - Building & Land Technology of Connecticut secures $145 million of financing for the 80-acre Harbor Point in Stamford, Conn. Details about the funding and mixed-use project are today's National Gazette lead. In other national news, a leading architectural firm signs a 7,610-sf renewal for 200 High St. in Boston's Financial District and a leading law firm in Florida inks an 11-year lease for Gaedeke's Northbridge Centre in West Palm Beach….. …..The People Blog has details for Deloitte's promotions of two leaders in its U.S. Real Estate Practice Group and Grubb & Ellis' new top executive in Northern California….. ……Dallas/Fort Worth Leasing features 200,793 sf of deals by CB Richard Ellis and Bradford…. …..In the Multi-Family Magazine, a California investor pockets the deed to 21 luxury apartments positioned just 140 feet from the Sunset Strip.

February 4, 2010 - With Pittsburgh's renaissance in the national limelight, the owners of a premier piece of real estate put a downtown trophy on the market. Details about the Holliday Fenoglio Fowler listing headline the National Gazette, which also features a full-floor lease in Boston and an industrial sale in another Massachusetts city in a pair of Jones Lang LaSalle-brokered deals. Also, LCP Group lands a $6 million loan, using 255 acres in Pennsylvania, Indiana and California as collateral….. …..Cousin's Bar-B-Q joins Hillwood's roster at Heritage Marketplace as today's Dallas/Fort Worth Leasing news.…. …..The Multi-Family Magazine has the latest sale by Charles Dunn Co.: eight units in California for $2.3 million.

February 3, 2010 - Today's Texas Roundup spotlights the upcoming auction of 27 condos in downtown Austin, with starting bids at a fraction of their previously listed prices…. …..Apollo Real Estate leads the International Dispatch with its new Asia division for sourcing investments from $100 million to $500 million…. …..CBRE and Grubb & Ellis make moves in South Carolina. Details are in the National Gazette, along with a $2.16 million retail buy in New Jersey…. …..In Dallas/Fort Worth Leasing, Town Square Financial keeps its headquarters in Hall Office Park, expanding the office with the freshly signed deal. ..... ..... ... ... Anadarko Petroleum has paid $215 million to purchase its headquarters facilities in The Woodlands, just north of Houston, according to a report in the Houston Chronicle. The purchase includes the 30-story, 818,000-sf Anadarko Tower, and a 232,000-sf office building, plus parking garage and land. The energy firm bought the properties, which it had been leasing, from Wachovia Development Corp., according to the Chronicle article by Nancy Sarnoff.

February 2, 2010 - Real Capital Analytics Inc. has bought Real Estate Econometrics, gaining its well-known founder Dr. Sam Chandan as global chief economist, executive vice president and a member of the management committee..... ......Colliers reports the sale of a 15,000 sf building at 1740 Westheimer in the Inner Loop of Houston on the Houston Deals page. ...... ........Headlining the National Gazette is Equity Residential's $475 million purchase of three residential towers in Manhattan. In other national news, an Acadia-led joint venture gets $48 million construction loan for the under-construction 256,783-sf Canarsie Plaza in Brooklyn, N.Y., and another investment group lands a $45 million loan for a 155,896-sf class A office building in Brookline, Mass. Lexington Avenue LLP buys the 17-story Century Plaza in Phoenix and a private investor from L.A. gets the 30-story Bank of America tower in St. Louis for $47.8 million. Also in Arizona, Warnick + Co. gets hired by Eurohypo to reposition the 293-key Montelucia Resort…. …..On the Association News page, The Real Estate Council's Young Guns unveil the 2010 leaders…. ….The Texas Roundup features the $3.2 million sale of a Comerica Bank ground lease in Austin…. …..The People Blog spotlights PPM Global's hiring in Las Vegas…. ….Dallas/Fort Worth news spotlights Broad Street Commons' win of a 123,000-sf Kroger Marketplace as its anchor and Monmouth Real Estate Investment's win of a 184,317-sf industrial building secured by a 10-year net lease.

February 1, 2010 - Pampa Energy Center LLC has sold 551 acres in Pampa, Texas, east of Amarillo, according to the Houston office of Cushman & Wakefield...... ..... ...... .... ... ... .. The 128-room Rodeway Inn in New Braunfels, Texas, according to Allen Miller of the Austin office of Marcus & Millichap.... ... ... ... ... ... ... A partnership led by Savitar Realty Advisors of Miami has purchased the historic 704-seat Lincoln Theater in Miami Beach, Fla. from New World Symphony. HFF represented the seller.

January 29, 2010 - Midway Cos. is in discussion with the Houston Dynamo pro soccer team about selling 30 acres just south of the Galleria for a new stadium, according to the Houston Chronicle. ... ... ... ... ... .... Transwestern, a Houston-based real estate company, has been named one of the best companies to work for in Texas for the fourth year in a row by Texas Monthly magazine.... ... ..... .... . Probuild South leased 117,000 sf of industrial space at 8701 Sterling in Irving from Colbalt Industrial REIT II. Bob Scully of CB Richard Ellis negotiated the lease...... ...... ....... ... ..... .... My Florida Regional MLS, a consortium of 13 Realtor boards located throughout central and southwest Florida, has launched a commercial database at http://www.MFCRE.com...... ..... ..... KBR has dropped plans to develop a corporate campus in west Houston. Instead the firm will expand in downtown Houston. "After reviewing both market conditions and KBR’s overarching business plan, it became clear that expanding our downtown presence was not only a good business decision, but also brings the added benefit of contributing to our city’s continued downtown revitalization,” said Klaudia Brace of KBR, which occupies space at 601 Jefferson and 500 Jefferson - a total of 900,000 sf.

January 28, 2010 - The Peckham Family Trust is developing 24,000-sf office and retail building on N. Harbor Drive along the San Diego Bay. ... ... ... ... The 264-room Clarion Inn in Alamonte Springs, Fla. has been sold for $6.2 million, according to Marcus & Millichap. ..... .............. ..... .... Aristocrat Developments purchased a 101-unit apartment complex at 2819 SE Military Drive in San Antonio from ORIX Capital Markets LLC. Nita Stewart of CB Richard Ellis represented the seller. ..... .... ... ... ... ... ... HFF has arranged a $9.9 million financing through Freddie Mac (Federal Home Loan Mortgage Corporation) for the refinance of Sagewood Apartments, a 355-unit multi-housing community in Lubbock , Texas. Sagewood is owned by the McDougal Cos.

January 27, 2010 - Skanska USA, a subsidiary of a Swedish firm, has announced plans to build a 300,000 sf office building in Houston's Galleria area. The proposed project would be built on a tract on the West Loop at Hidalgo, according to the Houston Business Journal.... ... ... ... ... Stan Johnson Co. has completed the sale of a 69,175-sf industrial building 100% leased to National Oilwell DHT, LP to a private investor. Located at 3800 Block Reese Road in Rosenberg, Texas, the property was listed for $12.7 million. Jim Gibson of Stan Johnson Co. represented the seller, a Colorado-based retail developer...

January 26, 2010 - A&B Properties collects $50.3 million from a shopping center sale in Central Oahu and deploys $30.8 million into a 1031 exchange for property in Boulder, Colo. The National Gazette has additional details. In other national news, Marcus & Millichap gets $3.6 million for the seller of an empty office building in Florida and Charles Dunn Co. finds a $5.2 million buyer for an empty church in California. Also, Healthcare Trust signs a deal to pay $19.5 million for a medical office complex in South Atlanta…. …..In the Multi-Family Magazine, Behringer Harvard makes good in its plan to buy 4550 Cherry Creek in Denver for $53 million…. …..The People Blog features a plan by Grubb & Ellis to expand the duties of its Northwest Pacific regional manager…. …..The International Dispatch spotlights Cassidy Turley's new partner in London and Hyatt Hotels' oceanfront inroad to Latin America.

January 25, 2010 - Lone Star Funds gets a nod from Lodgian's board of directors for its $270 million offer to buy the hotel company. The deal is expected to close by the end of the second quarter. The Dallas/Fort Worth page has additional details, along with the sale of a 136,751-sf FedEx net-leased freight facility and Dallas/Fort Worth Leasing has a law firm's expansion in Gaedeke's Regency Plaza.…. …..Houston-based Camden Property Trust tops the People Blog, with six more promotions among its professionals…. …..The National Gazette details Behringer Harvard's repositioning plans for its Atlanta office portfolio, Hersha's win of four management pacts on the East Coast and Fifth Third's win to finance a $115 million VA hospital renovation and expansion. In headline news, Tishman Speyer LP and BlackRock Realty LP become the first major victims of 2010, returning New York real estate to the lender after failing in a workout bid for $3 billion of debt. Market-watchers have been bracing for this day since last November when the market tumble proved too much for the partners, who spent $5.4 billion in 2006 to acquire Stuyvesant Town and Peter Cooper Village, an 80-acre block with 11,227 apartments in 110 buildings that represented the largest real estate deal in US history. The original plan was to convert the rent-controlled units to luxury rentals.

January 22, 2010 - SL Green Realty grabs full control of 100 Church St., a 1.05 million-sf high rise with ample upside in its vacancy, through a mezzanine loan maneuver. Details are in the National Gazette, which also includes Eurohypo's takeover of the InterContinental Montelucia Resort & Joya Spa in Scottsdale, Ariz., and Regency Centers' push for LEED designations at its properties. Also, a new company, backed by Middle Eastern money, declares its intent to acquire commercial real estate in major U.S. markets…. …. On the Houston page, Times Square Plaza sells to a South Texas investor in a Marcus & Millichap-brokered sale…. …..Dallas/Fort Worth news features DFW Foreign Trade Zone's new clout for winning deals while Dallas/Fort Worth Leasing features two completions for a combined 37,639 sf by Bradford's brokers…. …..The Association News page has the 2010 leaders for the National Multi-Housing Council…. ….Trademark Property Co., Wedge Hotels Corp., Grubb & Ellis, Marcus & Millichap, Capstar Hotel Co. and Camden Property Trust join in the frenzy to promote and hire as part of their 2010 strategies. The People Blog page has all the details.

January 21, 2010 - Prudential Capital Partners raises $965 million for its third fund, a ready-to-go pool for mezzanine lending. In other capital plays, Simon Property Group is selling $2.25 billion of notes while Lexington Realty Trust has $100 million of notes up for grabs. Details are in the National Gazette, which also features Lusk Center's Stan Ross advice to the industry….. …..Dividend Capital buys two class A buildings in Dallas and hires Jones Lang LaSalle to lease them. In other Dallas/Fort Worth news, a shuttered hospital and five medical office buildings are on Sperry Van Ness' auction block. Also, Digital Realty Trust and KDC set up a one-stop shop in the data center sector by offering a build-to-suit program for all levels of the deal, including financing.…. …..In Dallas/Fort Worth Leasing, two pub operators lease space in another historic downtown to expand their niche…. …..Houston-based Prosperity Bank is under contract to buy three U.S. Bank sites in Texas. The Houston page has the news…. …..A Houston investor's purchase of the 98-unit Villa Nueva leads the Multi-Family Magazine…. …..Grubb & Ellis makes an All-Star play in Phoenix by hiring one of the market's top names to lead the company-owned office. The People Blog also features Jones Lang LaSalle's coup in the hiring of a leading brokerage team in SoCal.

January 20, 2010 - Today's National Gazette spotlights a renewal between GE and CBRE to oversee 300 million sf in 4,700 properties worldwide and Penn National's option on a 123-acre former Delphi Automotive campus in Columbus, Ohio, as an alternative site for a $250 million casino. In other national news, Conexant Systems gets a $26.1 million offer for its California assets and CPS Corfac decides to align with Cassidy Turley… …..In Dallas/Fort Worth, two well-known restaurateurs partner on a new concept, with the first in the line opening in the spring in a leased location in the the Village of Fairview…. …..In Houston news, Weingarten Realty sells another shopping center in New Mexico…. …..Grubb & Ellis and Hunt Midwest Real Estate promote executives in New York and Kansas City, Mo. in the People Blog….. …..The Association News page features Campus Advantage's CEO reappointment to the student housing committee of the National Apartment Association, which is holding a conference in Las Vegas in February…. …..Sbarro inks a deal with a Tokyo-based company to open 1,250 restaurants in Japan. Details are in the International Dispatch.

January 19, 2010 - Berkeley Investments completes a $65 million refinance of the 1.3 million-sf 1700 Pacific in downtown Dallas in an HFF-arranged loan with ING Investment Management. The Dallas/Fort Worth page has the news, along with an office building sale in North Richland Hills…. …..Dallas/Fort Worth Leasing has the latest class A office renewal at Saint Paul Place while the Texas Roundup leads with the HFF-brokered deal of the 160,000-sf Woodlake Crossing sale to Inland American…. ….The National Gazette features a 316,801-sf lease in Pleasant Prairie, Wis., 20,000-sf medical office lease in Palmdale, Calif., and a $6.6 million retail sale in Miami…. ….On the Residential Topics page, 115 homes in Arizona, 12 in Nevada and eight waterfront condos in Florida will be auctioned this week…. ….The People Blog has leadership moves for the Dallas Regional Chamber and Ernst & Young…. …..Leading today's Association News is CoreNet Global's update on its 2010 Singapore Summit.

January 18, 2010 - Forest City Enterprises gets the nod from Gulf Coast Entertainment to be master development consultant for the 2,800-acre Alabama Motorsports Park in Mobile. Details lead the National Gazette…. …..In Dallas/Fort Worth, a local developer turns over three bank sites, all secured by 15-year leases with Chase Bank, for $5.6 million in a Marcus & Millichap-brokered deal….. ….The Texas Roundup features a $2.2 million sale of a net-leased retail asset in southeast Texas…. …..Hendricks & Partners' teams sell 150 units in Lexington, Ky., and 67 units in Escondido, Calif. The Multi-Family Magazine has more details….. …..In the People Blog, IDI hires a senior vice president of real estate.

January 15, 2010 - NTCAR's 2010 Broker Forecast drew more than 600 professionals, all eager to hear from a panel of experts about market opportunities for 2010. The full story leads the Dallas/Fort Worth page, which also features a 1031 exchange buyer's faceoff against 12 others for Roanoke Corners…. …..Dallas/Fort Worth Leasing showcases this week's deals by CBRE and Bradford….. …..Marcus & Millichap teams sell 36 units in Central Texas and the Oakmont Apartments in Tampa in today's Multi-Family Magazine…. ……In the National Gazette, Grubb & Ellis completes the sale of the 912,000-sf Delphi automotive manufacturing facility in Saginaw, Mich. to a Calif. Investor. Also, GSA leases 16,623 sf in Phoenix….. …..The People Blog spotlights the addition of two staffers to The Real Estate Council.

January 14, 2010 - Although Texas has shown its recessionary resilience, leading real estate experts foresee the marketplace will remain dormant or stressed at least through midyear. Tarrant County's 2010 Real Estate Forecast tops today's Dallas/Fort Worth news….. …..Behringer Harvard gets another $300 million from its JV partner, PGGM, to deploy into multifamily acquisitions. Details are i. ... Also, Marcus & Millichap reports an 88-unit apartment project in Huntington Beach Calif. has sold for $16.5 million...

January 13, 2010 - Ports America Group has nailed down a 50-year lease with the Maryland Board of Public Works in exchange for $1.3 billion investment into readying the Baltimore port for super-size container ships. Details about the management pact for Seagirt Marine Terminal lead the National Gazette, which also features the sale of the 500,000-sf Station Square in Maryland by National Office Partners. Also, a Taiwan investment group pays $24.2 million for a 126,110-sf, class A office building in San Francisco's financial district, Equity Resource Investments raises $37 million to deploy into real estate and Dollar Tree leases 62,680 sf in Southern California…. …..In Dallas/Fort Worth news, Mycon will build a 13,000-sf R&D center for Encore Wire Corp…. …..Dallas/Fort Worth Leasing features a 71,400-sf lease negotiated by Henry S. Miller Brokerage and CBRE…. …..Leading the Texas Roundup is CKE Restaurants' plan to add 31 Carl's Jr. through a pair of just-signed franchise pacts…. …..J/Brice of Boston wins interior design rights to 120 luxury villas in Al Khobar from Al-Othman Holding Co. The International Dispatch has more details…. …..Campus Apartments leads today's Multi-Family Magazine with its expansion of its management portfolio by 5,865 beds at 14 properties in 10 states. Also, a Tampa investor claims a stalled condo conversion, getting 30 units in its backyard for $1.8 million and a joint venture buys the 280-unit Waterford Place in Arlington Heights, Ill.

January 12, 2010 - Select Colliers' offices, BT Commercial and BRE Commercial join forces to jump-start a new commercial real estate company, Cassidy Turley. Details lead today's National Gazette. Also, Fairwood Capital buys a hotel in Memphis and Hyatt sets Feb. 1 as the day to raise the Andaz flag in San Diego….. …..Leading the International Dispatch is Orient-Express' plan to spend $117 million for two beachfront hotels in Sicily…. …..The USGBC selects its partners for a green retail publication. Details are on the Association News page, along with information about Dallas Regional Chamber's annual meeting Thursday in downtown Dallas.…. .…In Fort Worth news, IDI begins work on a historic building while Dallas/Fort Worth Leasing news features a fifth location for Burger House…. ….The Multi-Family Magazine features Behringer Harvard's $38.6 million purchase in Santa Rosa, Calif., Strata Equity's $21.2 million buy in San Bernardino, Calif., and a Houston investor's takeover of 44 units in Austin…. …..Today's Texas Roundup pinpoints the Austin and Houston locations for Spicy Pickle.

January 11, 2010 - The Urban Land Institute unveils a new $10,000 design award for the industry. The ULI Amanda Burden Urban Open Space Award honors one of New York's top planners. Details and the entry deadline headline the Association News, which also features information about the upcoming 2010 conference of the Association of Real Estate Research Professionals and the 2010 leaders for TREC and the North Texas CCIM chapter of the CCIM Institute …. …..The National Gazette has details about Akridge's new lead tenant in its 300,000-sf LEED-certified trophy in Washington, D.C. In other national news, Grubb & Ellis Healthcare REIT II will pay $6.5 million for a medical facility in Minnesota and another California investor forks out $2.8 million for a medical asset in Phoenix.

January 8, 2010 - In Dallas/Fort Worth Leasing, Bradford's brokers fill 284,835 sf and CBRE's team gets OK's on 188,187 sf, a 56,784-sf office lease in Atlanta and a sale in Norman, Okla. Also, Jones Lang LaSalle teams win leasing rights to the 477,107-sf 2323 Bryan in the Big D's CBD and a 120,019-sf office building owned by Piedmont Office Realty Trust….. …..In the People Blog, Younan Properties creates a new slot for a former employee, who will be heading up leasing for the 12 million-sf class A office portfolio….. ……Texas Health Resources will build a hospital in north Tarrant County. The Dallas/Fort Worth page has additional details.... ... ... ... Multi-Family Magazine reports a $156 million refinancing of a large apartment portfolio by Holliday Fenoglio Fowler. .... .... ... ....

Houston-based apartment developer Judwin Realty Group has acquired 15.3 acres of land in Cinco Ranch off of FM 1093 in west Houston. Judwin has plans to develop a 316-unit apartment on the property. Stan Creech of Stan Creech Properties represented Judwin in the land purchase. ...... Be sure to go to our Multi-Family Magazine page to see news coverage by Connie Gore of a Humphreys & Partners apartment webinar.

January 7, 2010 - Multifamily experts are touting 2010 as the year to develop, with research showing a trajectory for strong demand and rent growth in 2011 and 2012. Highlights from Humphreys & Partners Architects-sponsored Webinar are in today's Multi-Family Magazine…The Multi-Family Magazine also details significant apartment deals in Phoenix and Kent, Wash. by Behringer Harvard and Hendricks Partners... ... ... …..Highland Capital Management and Encore Equities add to their ranks in the People Blog…. …..Dallas/Fort Worth Leasing has the newest tenants at Hall Office Park..... ... .. In Leasing Briefs, Orange Leaf Frozen Yogurt breaks into the Houston market in a retail project developed by Regency Centers. ..... .... ...... ... Choice Hotels International leased 90,000 sf in Phoenix for regional offices. Choice is moving into a building owned by Denver-based Miller Global Properties.

January 6, 2010 - The Real Estate Council is awarding more than $775,000 in cash and technical services to nonprofit organizations in Dallas. Details about the awards are on the Association News page… …..The Dallas/Fort Worth page features Hillwood's purchase of 1.6 million sf in North Texas and California…. …..In today's Texas Roundup, the US Army is underwriting another 202 townhomes for Fort Bliss, awarding a $48.2 million contract to Balfour Beatty Communities while the Multi-Family Magazine features an eight-unit sale in California…. …..The National Gazette provides a look at the 2010 office market through the eyes of an analyst with Robert W. Baird & Co. Also, SL Green completes a $475 million refinance for a landmark office tower in Manhattan, Pacific Office Properties pays $75 million for Seaview Corporate Center in San Diego, Mack-Cali inks 124,679 sf in three leases in New Jersey and Tulsa-based Stan Johnson Co. is looking to add brokers in five more cities….. ….Leading the People Blog is New York's Anthony LoPinto, who has joined Korn/Ferry International to lead its North America Real Estate Practice. In Texas, Integra Realty Resources adds an analyst.

January 5, 2010 - Starwood and Steiner Leisure complete the $100 million sale of Bliss World Holdings. Details are in the National Gazette, which also features the $71 million sale of One Bethesda Center to JPG Cos. and Digital Realty's $63.3 million acquisition in Northern Virginia…. …..In Dallas/Fort Worth news, Panther Park shopping center passes to a local investor while Capital Senior Living arranges a sale-leaseback of five properties in the Midwest….. …..Headlining the Multi-Family Magazine is Grubb & Ellis Apartment REIT's plan to pay $17.4 million for a North Texas property. In other news, Holliday Fenoglio Fowler sells 308 units within one block of the Atlantic Ocean for $31.2 million and Hendricks & Partners works out a 135-unit sale in Fayetteville, Ark.

January 4, 2010 - Dallas-based Ashford Hospitality Trust announced that it has refinanced its $19.7 million loan secured by the Hilton El Conquistador Hotel and Country Club in Tucson, Ariz. The lender is MetLife. ... ... ... ... ... ... Transwestern announced that Marathon Oil Tower is the first building in Houston’s Galleria submarket to be designated a BOMA 360 Performance Building. Marathon is a 1 million sf building owned by a partnership controlled and managed by Hanover Real Estate Partners, of Greenwich, Conn.

January 1, 2010 - Hines announced that Gateway Oaks I, II, III and IV buildings in Sacramento have earned the ENERGY STAR from the U.S. Environmental Protection Agency (EPA) in recognition of exemplary energy performance. .... .... ... .... Silverleaf Resorts, a Dallas-based timeshare company, announced that the NASDAQ Stock Market has given the firm notice that the stock could be de-listed because its shares have traded for less than $1 per share for more than 30 days, a NASDAQ requirement.

Dec. 31, 2009 - Healthcare Trust of America has closed on its second purchase in North Texas in less than one week. The Scottsdale, Ariz.-based investment group has paid $15.4 million for the Select Rehabilitation Hospital at 2620 Scripture St. in Denton. The 43,600-sf hospital, sporting 44 beds, is fully leased until 2023 to Select Medical Corp..... ......Penn National Gaming moves into the National Gazette's spotlight, closing on a 44-acre tract in Toledo for a $250 million casino project…. …..TriGate Capital gets bragging rights to a 319,926-sf office portfolio and Southwestern Bell claims a four-acre tract in today's Dallas/Fort Worth news…. …..Dallas/Fort Worth Leasing features eight new leases by CBRE, including another out-of-state triple by Dallas-based HQ Global Workplaces…. …..Today's Multi-Family Magazine highlights three sales, two of which took place in Texas and drew high interest from the buying crowd.

Dec. 30, 2009 - The Fort Worth Chamber of Commerce will hold its annual forecast meeting Jan. 13 in the city's convention center. Registration deadline is Jan. 11. Additional details are on the Association News page …. …..Farmers Insurance Group holds fast to its 13-year location as the lead for Dallas/Fort Worth Leasing…. In Dallas/Fort Worth news, Healthcare Trust of America completes its $27.3 million purchase of a hospital in North Texas…. ….The Multi-Family Magazine features the sale of a Lehman Place in St. Louis by Hendricks & Partners…. ….In the National Gazette, Boston Acoustics sell a 163,800-sf office-warehouse to Brookwood Financial….. ….Topping today's International Dispatch is Orient-Express' fifth acquisition in Peru.

Dec. 29, 2009 - Today's Residential Topics features the Jan. 18 auction of more than $30 million of residential real estate in Kona, Hawaii, including an 8,821-sf home owned and designed by Cher…. ….Foreclosure Listing Service, tracking seven counties in Central and North Texas, finds that commercial postings are climbing. The trend is predicted to continue with the move into 2010. The Dallas/Fort Worth page has additional details…. …..The Multi-Family Magazine features a 388-unit sale in Indiana for $8,505.15 apiece…. ….Marcus & Millichap sales in Arizona, New Mexico, Idaho and Tennessee banks a combined $13.3 million for sellers, predominately net-leased retail real estate. Details are in the National Gazette.

Dec. 28, 2009 - A former Circuit City store in the Houston area has been sold, according to CB Richard Ellis. Also, a 226-unit Howard Johnson hotel in Victoria, Texas has been sold. See stories on Houston Deals page. .... ... ... .... ... In San Antonio, NorthMarq Capital placed a $13 million mortgage on the 252-unit Broadstone Ranch project on the Multi-Family Magazine page. Also, Bank of America has sold the 333-unit Broadstone Parkway in North Dallas to USAA Real Estate.

Dec. 24, 2009 - Forest City Enterprises clears another hurdle for the $4.9 billion Atlantic Yards project in Brooklyn. The National Gazette has details….. …..In other development news, Xinyuan Real Estate pays $69 million for an 11-acre tract in Henan Province as today's lead story for the International Dispatch…. …..Behringer Harvard again moves into the limelight in the Multi-Family Magazine, with the $49 million buy of 177 units in Irvine, Calif….. ….Dallas/Fort Worth Leasing features deals by Bradford, Henry S. Miller and CB Richard Ellis…. …..In Dallas/Fort Worth news, a pair of office buildings sell in Irving in unrelated transactions.

Dec. 23, 2009 - Transwestern Dallas sets off a chain reaction with Curran Tomko Tarski's need to expand, working out a long-term lease extension for the law firm to gain 20,423 sf at Bryan Tower and secure future rights for more. Dallas/Fort Leasing has the behind-the-scene details….. …..Dallas-based Maggiano's lights its first international location…. ….The Allen Group earns LEED Gold certifications for its first two spec buildings in the 6,000-acre Dallas Logistics Hub. Details are on the Dallas/Fort Worth page…. …..Today's Multi-Family Magazine features a 44-unit sale in Austin by Hendricks & Partners…. …..In the National Gazette, a private buyer makes a $95 million bet on a 1,300-bed assisted living portfolio in North Carolina while Inland Western and Burlington Coat Factory sign a 233,022-sf pact for three shuttered Mervyn's locations in California.

Dec. 22, 2009 - Dallas-based Rave Cinemas gains significant ground for its expansion plan in a series of transactions. One deal is a 20-year master lease for Entertainment Properties Trust's $121 million portfolio purchase. The Dallas/Fort Worth page has additional details…. ....In the International Dispatch, UTStarcom, with Jones Lang LaSalle as its adviser, gets a $140 million buyer for a 2.6 million-sf manufacturing hub in China. Also, Palace Resorts lands a franchise agreement with Wyndham for a quartet of oceanfront properties in Mexico….. …..The National Gazette features Colonial Properties Trust's dual sales, bagging $23.7 million for its till, and the University of Dayton's $18 million purchase of NCR's 115-acre world headquarters campus…. ….Residential Topics has details about Brookwood Financial's 242-lot purchase in Apollo Beach, Fla.

Dec. 21, 2009 - Transcend Equity is courting institutional investors for a $100 million equity fund to tap into increased "green" opportunities for its longtime target market – generating energy savings for existing commercial real estate. Today's Dallas/Fort Worth page details the rollout…. ......Hines announced that the 1100 Louisiana building in downtown Houston has received LEED Gold certification from the U.S. Green Building Council. Developed, leased and managed by Hines, 1100 Louisiana is a 1.4 million-sf, 55-story tower that was completed in 1980. ...... ..... Exxon Mobil is investigating the possibility of constructing a major corporate campus north of Houston. Please go to Houston Deals for more details. ... Also on the Houston Deals pages, an office building on the Northwest Freeway has been sold, according to Transwestern..... ......The National Gazette features Tennenbaum's closing of a $454 million fund for the distressed market…. ….Hyatt Hotels & Resorts is center stage in the International Dispatch, inking management pacts for five hotels in India…. …..Behringer Harvard's new hire to expand into the Middle East leads the People Blog….. ….The Multi-Family Magazine lands another California sale…. …..The Plaza at Preston Center adds two more tenants in Dallas/Fort Worth Leasing news…. ….On the Association News page, the University of Arizona's Responsible Property Investment Center gets a $200,000 donation from the Rockefeller Foundation

Dec. 18, 2009 - Annapolis-based Thayer Lodging Group and Jin Jiang Hotels of Shanghai have lobbed a $2.25 per share offer for Interstate Hotels & Resorts Inc., which inked the JV's definitive agreement for the $307 million sale. As Realty News Report reported eight days ago, Thayer closed out a capital raise for $280 million of equity, with a buying potential of up to $700 million.... .....Positioning itself for more development in Poland, Skanska has sold the 290,626-sf Marynarska Point to Investec for $102 million. Leading the eight-month round of talks was Colliers International. The International Dispatch has details….. ….Update: Behringer Harvard and its Dutch pension fund partner complete the $65 million purchase of a residential tower in downtown Portland. Details top the Multi-Family Magazine…. …..Today's National Gazette features the $2.4 billion merger plan between Cedar Fair and Apollo, an $18.9 million refinance of a retail holding in New Jersey, Lionstone's purchase of the Lantana Entertainment Media Campus in West L.A. and a new office tenant in Boston's Financial District…. …..The People Blog features Dallas' Jeff Rogers move to Dougherty Mortgage…. …..Dallas/Fort Worth Leasing has the latest round of deals for CBRE and Bradford…. …..In Dallas/Fort Worth news, an investor from San Antonio has bought the Texas Land & Cattle restaurant building in Arlington in a Marcus & Millichap-brokered deal.

Dec. 17, 2009 - Southbridge Development Group and 8000inc join forces to build a 150-acre business park with 900,000 sf of industrial space and a 300,000-sf hotel. The park, aimed at vocational training for veterans, is underwritten by a contract with the Department of Defense. The National Gazette has details, along with HHF's $44 million refinance for RNY Australia and Hobby Lobby's investment into the purchase of a 1,600-acre boarding school in Massachusetts to create the C.S. Lewis College. Also, DivcoWest lands a 123,788-sf headquarters tenant for its Bedford, Mass. property…. ….The International Dispatch features Strategic Hotels & Resorts plan to sell a 116-key hotel in downtown Paris to a Westmount Hospitality affiliate for $51.5 million and Whiterock Real Estate's $16.8 million buy of a downtown office building in Toronto…. …..A 64-unit complex near Lambert International Airport headlines today's Multi-Family Magazine…. …..On the Association News page, NTCAR announces the names of the 2010 executive board…. …..In Dallas Fort Worth Leasing, a Valwood Business Park tenant extends a 143,400-sf lease for the long term while the Texas Roundup lands a lease in Sharyland for Ridge Property Trust….. …..Leading the Dallas/Fort Worth page is Chase Bank's plan for its first homeownership centers in Dallas and Houston as part of a 24-location expansion in the U.S.

Dec. 16, 2009 - STMicroelectronics leases 100,000 sf for its US headquarters at CBRE Investors' 250 Canyon in Coppell – the lead article for today's Dallas/Fort Worth Leasing page. Also, Grubb & Ellis brokers complete 10 office and industrial transactions to fill 166,619 sf….. …..In Dallas/Fort Worth news, Henry S. Miller Brokerage and CRE Auction Group draw a standing-room only crowd to the region's first commercial property auction. Also, Transwestern and RREEF head into the final weeks of the property management transition of 7.9 million sf of office and industrial properties in Dallas and Oklahoma City…. …. Metrovest Equities' $350 million Beacon earns a ULI award from the New Jersey chapter. The ongoing project is the largest residential development in the U.S. More about what makes it special is in the Multi-Family Magazine, which also features a 201-unit REO sale in Phoenix and a 20-unit trade in Pennsylvania…. ….In the International Dispatch, AMB fills 207,200 sf in its Asian portfolio…. …..The National Gazette features Turner Construction's win to manage construction of a $49.7 million sciences building on Drexel University's main campus.

Dec. 15, 2009 - Brinker International sells 21 Chili's in three Midwestern states to Muy Mucho for $19 million. Details lead the Dallas/Fort Worth page…. ….Invesco tops the Multi-Family Magazine with its purchase of the 280-unit Avalon at Flanders Hills from AvalonBay Communities…. ….The National Gazette features Samsung's 193,000-sf lease in Ridgefield Park, N.J. and Raytheon's pact for a 75,000-sf build-to-suit within the Aberdeen Proving Grounds in Maryland. In other national news, Marcus & Millichap sells a vacant office building in Florida for nearly $5.8 million and Holliday Fenoglio Fowler dealmakers work out a $9.9 million refinance of a 536,800-sf industrial building for Guggenheim Real Estate…. ….Dallas/Fort Worth Leasing features a retail lease at Preston Park Village and a headquarters renewal for an original tenant at Hall Office Park.

Dec. 14, 2009 - In today's National Gazette news, Carl Icahn inks an agreement with Beal Bank to buy the $500 million first lien mortgage debt for Trump Entertainment Resorts' landmark properties in Atlantic City. In other national news, Berkshire Hathaway and Leucadia National Corp. buy Capmark Financial Group's $240 billion loan origination and servicing portfolio. Berkadia will be led by Capmark's Michael Ipson, who has plans afoot to hire 1,000 of the 1,500 U.S. workforce. Also, plans are brewing to auction the intangible assets of Tavern on the Green, which lost its New York City lease after 35 years. And, Marcus & Millichap brokers sell a mixed-use property in Pennsylvania…. ….. .. ..Today marks the 20th anniversary of the 17,000-acre AllianceTexas, which has evolved into an inland port and mixed-use employment and residential center. The Hillwood development's contribution to North Texas has been $36.4 billion of economic impact through the years. The Dallas/Fort Worth page has additional details about the milestone. ... ... ... ... ...... ... Transwestern completed an 118,150 sf build-to-suit for Oceaneering International at Port Northwest in Houston. The 1.3 million sf bulk distribution facility, owned by TIAA-CREF, is located near the intersection of the Sam Houston Tollway and U.S. Highway 290. ..... ... ... ... ... Duke Realty announced a major lease in Stafford, a southwestern suburb of Houston in Leasing Briefs.

Dec. 11, 2009 - Breaking News: CB Richard Ellis Group Inc. has bested four other companies vying for the nod of the California Department of General Services to sell 17 state office buildings in Los Angeles to investors. In June, Gov. Arnold Schwarzenegger began the hunt for a brokerage company to sell the holdings, eyeing a return of more than $660 million to aid the ailing state budget through sale-leasebacks. Details are leading the National Gazette. Also, construction begins next year in Oregon on the $2 billion Shepherds Flat, the world's largest wind farm and a future supplier for Southern California Edison plus $11 million of New Market Tax Credits funding will jump-start work on an adaptive reuse project in St. Louis' North Riverfront Business Corridor…. …..In the Multi-Family Magazine, more California properties change hands, including an off-market, $6.4 million buy in Sherman Oaks…. ….Henry S. Miller Brokerage and CRE Auction Group line up 27 commercial properties for Tuesday's auction, of which a few are featured on the Dallas/Fort Worth page. Also, a 2.1-acre tract in the Asian Trade District sells to a retail developer…. .….Dallas/Fort Worth Leasing features First Industrial's full-building lease to the Salvation Army. The 99,831-sf warehouse is the southern region's new disaster relief center. In other leasing news, SCM Real Estate, Bradford and CBRE all move deals across the finish line…. ….Leading the People Blog is Trammell Crow Co.'s new quarterback for the Dallas-Fort Worth Business Unit. ... .. ... J. Roy Hall of Prudential Gary Greene - Pirates Beach office in Galveston, Texas has been honored as Realtor of the Year by the Galveston Association of Realtors. .... . ... SL Green Realty Corp. has acquired the first mortgage loan secured by the 345,100-sf property at 510 Madison Ave in NYC from The Union Labor Life Insurance Co. .... ... ... A Little Entertainment, a computer game design firm, leased office space in The Woodlands, Texas... Please go to Leasing Briefs for more detail.

Dec. 10, 2009 - Oncor will exit Energy Plaza in early 2010 for a new spot in Downtown Dallas, a 265,061-sf building at 1616 Woodall Rodgers. The Dallas/Fort Worth page has more details… …..The Goodman Group jump-starts work on a $430 million warehouse and distribution center in Hong Kong. The 24-story Interlink is being touted as one of the city's largest warehouses and first to rise in nearly one decade. Additional details are in the International Dispatch…. …..Thayer Lodging Group's plan to spend $600 million to $700 million in the next three years headlines today's National Gazette, which also features McCarthy's $92 million project in California. In other national news, Dallas-based Ashford Hospitality Trust transfers the 772-key Hyatt Regency Dearborn to a court-appointed receiver. Also, Cole Real Estate pays $6.1 million for a Publix store in Alabama and a Phoenix company leases 32,805 sf to relocate its team…. ….Leading the People Blog is the Texas Association of Realtors' new CEO, Travis Kessler of San Antonio. Also, two Fort Worth brokers are appointed to city boards…. ….In the Multi-Family Magazine, the 196-unit Painted Trails in Gilbert, Ariz., sells to a Utah buyer for $15.6 million.

Dec. 9, 2009 - Additional details about the $2.3 billion buyout of Prime Outlets by Simon Property Group highlight today's National Gazette, which also features a $6.2 million retail sale in Phoenix by Marcus & Millichap…. ….Leading the Multi-Family Magazine is Place/BV Student Housing Fund's $24 million project in San Antonio. In other news, Hendricks & Partners completes sales in Arizona and California for a combined $21 million, including the bulk sale of 78 condos in Phoenix's Riverwalk, and Marcus & Millichap brokers sell condos in California for $129,167 apiece.…. ….The International Dispatch features ProLogis' 450,000 sf of deals in Japan…. ….Regency Centers adds two tenants to centers in Dallas/Fort Worth Leasing…. ….CBRE gets a prestigious addition to its board of directors. Details are in the People Blog.

Dec. 8, 2009 - BREAKING NEWS: Simon Property Group Inc. has signed a $2.3 billion pact to buy Baltimore-based Prime Outlets. The portfolio contains 22 outlet centers in major markets, including Texas..... .....Behringer Harvard and its Dutch partner restructure loan terms for two class A properties in the Washington, D.C. metro to gain 75 percent control from Fairfield Residential. Along with the strategic move, the REIT also inked $167 million of purchase options for properties in California, Colorado and Oregon. The details lead today's Multi-Family Magazine…. …..In Dallas/Fort Worth, Equity Based Services Inc. buys the 554-unit Advantage Self Storage…. ….Dallas/Fort Worth Leasing features the launch of the Art Institute of Fort Worth in a 20,000-sf leased spot on the west side of the metroplex…. …..The National Gazette details the groundbreaking of Jekyll Island, Ga.'s multimillion-dollar revitalization and the sale of a prime piece of retail in West Hollywood for $901 per sf. Also, Grubb & Ellis is appointed as receiver for Maguire Properties' 2600 Michelson in Irvine, Calif.

Dec. 7, 2009 - Rolling Stone's founder and two entrepreneurs lease 10,000 sf in the fabled Hollywood & Highland Center to open a magazine-branded restaurant, lounge and private event space. The National Gazette has the details, along with the second leg of a $123 million agreement between National Healthcare Investors and Care Foundation…. …..Headlining the International Dispatch is the Kohler Co.'s purchase of the historic Hamilton Hall, the final piece of real estate for its collection at the world's most famous golf course in St. Andrews, Scotland…. …..In Dallas/Fort Worth Leasing news, Samsung is planning a mid-March opening of its largest distribution center in the U.S., leasing 261,025 sf of Duke's Point West VII…. …..In Dallas/Fort Worth news, Healthcare Trust of America will pay $27.3 million for a 60-bed hospital in North Dallas, where an unrelated deal results in a 3.9-acre sale at the Westmount Health Campus. Other North Texas news includes the sale of the Idle Rich Pub building in Uptown and Arlington Cancer Center's space makeover..... .....The Ensign Group has acquired three South Texas skilled nursing facilities: the 93-bed Grand Terrace Rehabilitation & Healthcare Center in McAllen, the 100-bed Alta Vista Rehabilitation & Healthcare in Brownsville; and the 95-bed Veranda Rehabilitation & Healthcare in Harlingen..... .... Marcus & Millichap Real Estate Investment Services has promoted Jerry Goldstein of Houston to the position of first vice president investments.

Dec. 4, 2009 - The Kilburn law firm has leased space in the San Felipe/Voss area of Houston. See more on Leasing Briefs...... .... ...In the National Gazette, DuPont Fabros secures a $150 million loan, using the 360,000-sf first phase of a data center in Ashburn, Va., as the collateral. Also, Diapers.com leases 811,000 sf in northeastern Pennsylvania from First Industrial Realty Trust while Penzance lands a 30,000-sf tenant in Reston, Va. In other national news, Lexington Realty Trust gets $36.5 million for a 456,304-sf office building in Columbia, S.C; and Inland Western banks $90.52 million from the sale of a fully leased, 185,000-sf data center in Santa Clara, Calif.…. ….Dallas/Fort Worth Leasing features the latest round of deals, totaling more than 450,000 sf, from CBRE, Bradford and Stream Realty Partners… ….Bradford Commercial Real Estate Services will move into 2010 with a new look and new initiative. Details are on the Dallas/Fort Worth page.

Dec. 3, 2009 - Dallas-based Behringer Harvard has acquired The Eclipse, a 330-unit apartment project in west Houston. More details on Multi-Family Magazine. .. ... ... ... ... ... Thompson National Properties and Dawson Co. form Thompson Dawson Real Estate Services to target governmental and institutional clients survive today's beleaguered real estate market as today's National Gazette lead. Also, Exxon's 292,000-sf shuttered factory in Connecticut will get a second life as a film production studio.….. …..Marcus & Millichap is shopping for buyers for a five-property healthcare portfolio in Texarkana. Details are in the Texas Roundup…. …..Dallas/Fort Worth Leasing has new deals by SCM Real Estate Services and Hall Financial Group…. …..Henry S. Miller puts a commercial sale to bed in Dallas/Fort Worth news…. ….The Multi-Family Magazine details Goldman Sachs' $61 million investment into affordable rental housing in New York. Also, the 292-unit Broadstone Ranch sells in San Antonio, a five-unit building changes hands in Philadelphia's Rittenhouse Square and the 96-unit Sterling University Peaks in Boulder gets a new owner too….. …..Real estate legend John C. Cushman III leads the People Blog with his new board role as chairman of Rock Creek Capital.

Dec. 2, 2009 - CapitalSource assembles $495 million from the sale of net-leased nursing homes, ticketing the take for lending purposes. Details are in the National Gazette, along with Jones Lang LaSalle's prized new leasing assignment in Boston's Financial District…. …..Behringer Harvard's investment into UrbanAmerica leads today's Dallas/Fort Worth news while North Texas leasing news features a renewal and expansion by Insurance Technologies…. …..The Texas Roundup features a $233 million equity partnership between a USAA affiliate and the Teachers Retirement System of Texas to invest in core office, retail and multifamily properties in the U.S…. ….Encore Multi-Family will break ground in the spring on 200 units in North Texas. Also in the Multi-Family Magazine is Wood Partners' $13.9 million refinance of a 270-unit complex in Corpus Christi…. ….Hard Rock International and Palace Resorts lead today's International Dispatch with their plan to begin work in the spring on retooling an 1,800-room resort on Macao Beach.

Dec. 1, 2009 - The National Low Income Housing Coalition is seeking at least $1 billion for the National Housing Trust before the month ends. Details about the call to action are featured on the Residential Topics page…. …..In the Texas Roundup, four leases are completed in Austin by Grubb & Ellis tenant representatives…. ….Hendricks & Partners finishes the pass of another complex in California and Marcus & Millichap completes a sale in Phoenix. Details are in the Multi-Family Magazine… ….Two senior analysts from Integra Realty Resources assume leadership roles in a regional association in the People Blog…. …..ProLogis leads the International Dispatch, completing 378,000 sf of leases in Germany, Italy, France and Poland.

November 30, 2009 - Dallas-based Jackson Shaw has completed an environmental restoration to a two-mile stretch of the Taylor River where the company is developing Colorado Wilder on the Taylor, a 2,000-acre shared ranch and recreation preserve near Crested Butte, Colo...... . ... .... ...... ..... ... CB Richard Ellis announced that Excelerate Energy has leased a sizable portion of office space in The Woodlands, north of Houston. For more details please go to Leasing Briefs... ... ..... ... .. ... Chicago French Market, a European-inspired indoor market, opens next week at MetraMarket in Chicago’s West Loop on North Clinton Street. The market will be operated by the Bensidoun family, the largest operator of open-air markets in Paris.

November 25, 2009 - Jones Lang LaSalle's Global Market Perspective shows some real estate movement in 2010 for some major cities, with upcoming opportunities particularly attractive to corporate tenants with financial muscle to buy instead of lease. More findings are in the International Dispatch…. …..In the National Gazette, the GSA renews a 190,000-sf office with a lease expiration hanging overhead. Also, a Tempe, Ariz.-based company buys a 77,778-sf warehouse to house one of its businesses…. …. The People Blog features Stream Realty Partners' new acquisitions director for the industrial division…. ….Foreclosure Listing Service takes an in-depth look at the 2009 postings in North and Central Texas, uncovering data that supports loan modifications skewed this year's statistics. The details lead today's Residential Topics…. …..In Fort Worth news, Innovative Developers Inc. donates services to create a proposal to restore the historic Dillow House for Texas Wesleyan University.

November 24, 2009 - Nordblom Co. and Nordic Properties get bragging rights to the largest lease this year in suburban Boston, with Avid inking a 10-year pact for 203,000 sf for its global HQ. Details lead the National Gazette. Also, CBRE Econometric Advisors' team reports the U.S. industrial market will remain tepid through 2010…. …..Jones Lang LaSalle brokers complete three deals, totaling 42,849 sf in Dallas/Fort Worth Leasing… …..Seaport Interests gets a $6.8 million loan to buy a 219,780-sf office/warehouse in Dallas/Fort Worth news….. …..In the Texas Roundup, seven leases get put to bed in San Antonio by Grubb & Ellis' brokerage team…. …..The Multi-Family Magazine features a 20-unit sale in Los Angeles' Koreatown…. ….Morgans Hotel Group and Walton Street Capital stake a beachfront claim in Playa del Carmen as today's lead article in the International Dispatch.

November 23, 2009 - The North Texas CCIM chapter has penciled an active 2010, underwriting the year with new courses and a rollout of technology to facilitate updates of brokerage listings. The Association News page has the details…. …..In the National Gazette, Inland Western sells a retail store in Wilmington, N.C.

November 20, 2009 - Barclays Capital and Fort Worth's Goff Capital wrest control of Crescent Real Estate Equities' 17 million sf of office, resort residential, luxury hotels and Canyon Ranch. The move puts John C. Goff back in the driver's seat of a prized portfolio that he controlled until 2007 when it was sold to Morgan Stanley Real Estate Funding II. More details are on the Dallas/Fort Worth page..... .... .....Mac Haik Enterprises has opened the 14-story, 216-room Embassy Suites hotel at 11730 Katy Freeway in Houston’s Energy Corridor. Dallas-based Aimbridge Hospitality is managing the hotel...... ... ... Hines announced that the US Airways headquarters building in Tempe, AZ, has received LEED Gold certification. The US Airways headquarters building is a 218,000-sf, nine-story office building designed by SmithGroup and Leo A. Daly............. ...... ..... ... Marcus & Millichap Capital Corp.'s Peter Dunn arranged a $22.7 million construction loan for Clearpointe Residences, an apartment community under construction in Houston. The loan, locked for 40 years at 5.8 percent, represents 90 percent of the project’s total cost. ...... ....With a combined $30 billion of assets, Cornerstone and Babson set wheels in motion to create one of the world's largest real estate investment advisors. Details lead the National Gazette, which also features a $16.3 million refinance of an office campus in Massachusetts and a federal agency's extension of a 137,044-sf class A office lease in Maryland…. …..Dallas/Fort Worth news has Ashford Hospitality Trust in the spotlight with financial maneuvers that include a $145 million loan. Also, three commercial assets sell in three cities in the metroplex.…. ….Nine leases, totaling 57,490 sf, top off the Dallas/Fort Worth Leasing page…. ….In the Multi-Family Magazine, Cornerstone gets $24 million from Freddie Mac, using a California class A complex as collateral.

November 19, 2009 - The Berry Firm will move into Adolphus Tower in January, triggering a relocation within downtown Dallas. Details are in Dallas/Fort Worth Leasing, along with a pair of medical tenants who've tapped space in two suburbs.

November 18, 2009 - Housing starts will be up in 2010, according to Metrostudy, a housing research and marketing firm. Many home builders have burned off their inventory of completed homes and will be prompted to build new ones. Metrostudy is predicting 719,000 starts in 2010, up from 558,000 in 2009....... ...... .... ... ... HFF (Holliday Fenoglio Fowler, L.P.) has secured a $16 million refinancing for Bear Valley Shopping Center, a 300,000-sf shopping center in Denver. Working exclusively on behalf of Guggenheim Real Estate LLC, the HFF firm placed the five-year, fixed-rate loan with PPM America.... ... ... ... ... An 18-unit multi-fam project in Palisades Park, NJ, has sold for $2.4 million. See story on Multi-Family Magazine.

November 17, 2009 - An Invesco-Inland JV gets $22.6 million of new capital on the eve of maturing debt against the 148,806-sf Lincoln Park in North Dallas. The Dallas/Fort Worth page has the details, along with an Atlanta investor's purchase of Fielder Terrace shopping center in Arlington........ ...... ... ProLogis will build a 667,000-sf warehouse for a retailer on on a 55-acre parcel at Crossroads Business Park in Ontario, Calif. ..... Lufkin Automation, an oilfield services company, has purchased six acres of land in Lakeview Business Park in Missouri City, Texas where it will build a 40,000-sf building for its headquarters. The business park is being developed by Trammell Crow Co. Please go to Houston Deals for more details.

November 16, 2009 - Two more apartment complexes in California change hands, with one fetching nearly $18 million. Details for the Hendricks & Partners' deal lead the Multi-Family Magazine…. ….Dallas/Fort Worth Leasing features Stream Realty deals in Arlington and Coppell…. …In the National Gazette, $29.5 million buys a 144,000-sf building in Manhattan's Garment District. Also, Mohr Partners completes a 101,400-sf lease for APAC Customer Services' second call center in Tucson…. …..Personnel news for CB Richard Ellis and Holliday Fenoglio Fowler lead today's People Blog.

November 13, 2009 - PricewaterhouseCoopers' research director offers investment and survival tips for 2010 as part of the North Texas unveiling of the Emerging Trends survey, an annual forecast compiled by PwC and the Urban Land Institute. Details lead Dallas/Fort Worth news, along with IDI's redevelopment hope for the historic Fort Worth Public Market…. ….The Multi-Family Magazine features Behringer Harvard's $25.5 million purchase in Connecticut and $38.65 million contract for a California property. Also in California, Hendricks & Partners sells four townhouses in a seaside community for nearly $2 million…. ....International Speedway Corp. is selling 676 acres on Staten Island to KB Marine for $80 million. The National Gazette has details. Also, Healthcare Trust of America places a $16.2 million option on a 108,500-sf medical office building attached to a South Carolina hospital while HQ Global Workplaces leases 53,391 sf in Washington, D.C. and California…. ….. Foreclosure Listing Service provides details for a record-breaking number of foreclosure postings in four North Texas counties to lead Residential Topics.…. …..In Dallas/Fort Worth Leasing, CBRE brokers finish work on 144,323 sf of leases and Bradford Cos.' team wraps up deals totaling 94,082 sf.

November 12, 2009 - In the National Gazette, CBRE collects $300 million from a stock sale that was set in motion to address maturing debt due in large part to its 2006 buy-out of Trammell Crow Co. Regency Centers also makes a financial move, boosting its stake in a $1.73 billion partnership so it can retain leasing and management rights to 86 shopping centers. In Princeton, N.J., Dividend Capital buys a 166,991-sf trophy office building from Patrinely Group and USAA…. …..Dallas/Fort Worth Leasing has all the details for Huawei's 103,331-sf dibs on Legacy Place II, a deal arranged by Jones Lang LaSalle and Newmark Knight Frank…. ….The People Blog features Grubb & Ellis' new leader of its Retail Occupier Group…. …..In the Multi-Family Magazine, private investors close deals in Washington, Florida and Colorado…. …..Watters Creek Professional marks its first building sale in today's Dallas/Fort Worth news.

November 11, 2009 - Hillwood will jump-start work by year's end on a 20-acre project, with the first Kroger Marketplace in Tarrant County as its anchor. The coup has been two years in the making. Dallas/Fort Worth news has in-depth details. Also featured is the sale of a 72,263-sf Comerica Bank Building by a Marcus & Millichap team…. ….Dallas/Fort Worth Leasing features new deals by Jones Lang LaSalle and SCM Real Estate…. …..Dunhill Partners buys a shopping center in Amarillo from Weingarten in today's Texas Roundup…. …..Apartment sales in Denver and Los Angeles lead the Multi-Family Magazine…. ….In the International Dispatch, Hilton Worldwide signs a management deal to put its first Doubletree in Romania…. ….The People Blog spotlights a promotion by American Spectrum Realty and CBRE's LEED AP achievement by 400 professionals in its ranks.

November 10, 2009 - Headlining the Multi-Family Magazine is the trustee sale of the unfinished Spanish View Towers in Las Vegas, an estimated $660 million residential and retail project sidelined by lawsuits and bankruptcy. Also, a vintage 18-unit complex sells in California…. …..Joe Montana leads today's Residential Topics, with the football legend seeking a $49 million buyer for his 500-acre estate in California's wine country…. ….Real estate investors are less negative now than they were three months ago, reports RICS. The survey results lead the National Gazette, which also features a CBRE's $13.2 million sale of a 93,372-sf retail center in Arizona and six office leases, totaling 67,348 sf, in Greater Chicago.

November 9, 2009 - Grubb & Ellis Co. ends a yearlong search for a president and CEO. Effective Nov. 16, Thomas P. D'Arcy steps in as company leader. The People Blog has more details..... .....Post Investment Group acquires 738 units in two distressed properties in Austin and Houston, adding $40 million of capitalized value to its portfolio after renovations are done. The in-depth story leads today's Multi-Family Magazine. On the West Coast, an 18-unit complex in Huntington Beach, Calif. just fetched a $3 million sales price, reports Hendricks & Partners.... ... .... .... .. The W Hotel and Residences, under construction in downtown Austin, have been refinanced. Please go to Texas Roundup for full details.

November 6, 2009 - MBS-Serrano has sold a 438-unit project near West Oaks Mall in Houston. The seller was represented by Cushman & Wakefield. ..... ... …..In Dallas/Fort Worth Leasing, Knox Park Village's office assignment goes to Stream Realty Partners. In other news, Bradford's team completes 85,117 sf in leases, Stream Realty Partners completes a lease in Dallas, Ultimate Lifestyles leases 10,000 sf in far north Dallas and Thumbtechs takes 5,236 sf in Fort Worth…. ... ... …..Dallas/Fort Worth News features an Oklahoma investor's purchase of a single-tenant, net-leased sale in North Texas…. ….In the Texas Roundup, a new tenant leases nearly a full floor of office space in North Austin.

November 5, 2009 - RREEF lands $100 million in a quartet of refinancing moves for four complexes with 1,617 units in three states as today's lead for the Multifamily Magazine. Also, Waterton Residential starts work on Presidential Towers, a landmark mixed-use complex in Chicago's West Loop and Marcus & Millichap brokers sell 290 units in a trio of back-to-back deals in Greater Phoenix…. …..In the National Gazette, Ernst & Young's new white paper focuses on worsening conditions in the US commercial property market. National Retail Properties finds a way to replace a $400 million credit line…. …..Today's International Dispatch news features Abu Dhabi, where a 2.15 million-sf indoor theme park shell is completed and Starwood cuts the ribbon on a new Aloft hotel.

November 4, 2009 - Digital Realty Trust pays $90.5 million for two fully leased data centers in the Silicon Valley. In other National Gazette news, Dallas-based Encore Hospitality is developing a $16 million hotel on the Gulf Coast in Mississippi, a fully leased shopping center sells in Florida and the Pax River Office Park in Maryland earns an $8 million refi for the Hampshire Cos.…. ….Leading the Dallas/Fort Worth page is Jones Lang LaSalle's sale of Heritage Square for special servicer KeyBank and a North Texas receiver. The winner of the seller-financed deal is Silver Tree Partners…. ….The demand for paved land results in a 12.3-acre lease in North Texas. Other Dallas/Fort Worth Leasing news spotlights new tenants for the Historic V in Arlington and Hickory Creek Plaza in Denton. Also, Stream Realty and Jackson & Cooksey work out a class A renewal and expansion of Omniflight's HQ in Addison Tower…. ….In Houston, Cadence McShane is off and running on a 101,650-sf expansion for XL Parts and a 60,000-sf medical office building for OakBend Medical Center..... ….Topping off the People Blog is an addition to the Marcus & Millichap team in Tampa and Mohr Partners' team in Dallas…. ….Hines forms a joint venture with Abu Dhabi National Property Co. In Chile, a US-born couple makes a five-year dream come true, opening a 225-acre fishing resort. Details lead today's International Dispatch…. ….The Multifamily Magazine features the sale of an 80 percent-finished complex in Los Angeles' Chinatown..... .. Another multi-family item, Houston developer Yancey-Hausman Interests is creating a multi-family division to be headed by John Faulk.

November 3, 2009 - Berkshire Hathaway is buying Fort Worth-based Burlington Northern Santa Fe Corp. for $44 billion, including $10 billion of BNSF debt. It is Berkshire's largest transaction it its history. BNSF will keep its Texas headquarters and become a wholly owned subsidiary of Berkshire Hathaway.... ..... ....Pacific Sun Investments has purchased 10411 Westheimer, a 30,000-sf office building in Houston. The seller, Brookfield Real Estate Opportunity Fund was represented by HFF's Dan Miller and Trent Agnew. Pacific Sun is led by Amir Taghdisi and Alan Taghdisi. ..... ..... ..... .... .... ... DCT Industrial Trust, a leading industrial real estate investment trust has leased an entire 325,000 sf bulk distribution building in Mt. Juliet, Tenn. to OHL, a leading provider of supply chain management and logistics solutions for companies worldwide.

November 2, 2009 - Conn's has leased a former Circuit City location in southeast Houston. Read all about it on the Houston Deals page. In addition, the Houston Deals page reports the sale of an industrial building on Bissonnet Street. ... .... ... ... ... Dubuque, Iowa-based Peninsula Gaming has acquired Amelia Belle Casino in Amelia, La. from Columbia Properties New Orleans...... .....Headlining the Multifamily Magazine is an overview of market conditions from a trio of leading multifamily brokers in Dallas/Fort Worth and the National Multi Housing Council. Also, Equity Residential pays $100 million for the 326-unit Metropolitan at Pentagon Row in Virginia…. …..The National Gazette's top story is the $133.9 million buy-in by USAA to an eight-property retail portfolio of Regency Centers. Other national news includes a Grubb & Ellis-brokered sale of two class A office buildings in California…. ….In the People Blog, Mohr Partners adds to the Minneapolis/St. Paul team…. ….Henry S. Miller Brokerage and Reese Commercial complete a 49-acre sale in Dallas/Fort Worth.

October 30, 2009 - First Industrial co-founder and former president Michael W. Brennan forms Brennan Investment Group along with four other top executives. Details are in the National Gazette, along with a 200,000-sf renewal by De Longhi in New Jersey and a 148,000-sf reworked lease for Progenics in New York…. ….Dallas/Fort Worth Leasing features Duke's 144,019-sf lease with Concote and Bradford's deals of the week…. …..Leading today's Multifamily Magazine is Prescott Realty Group's leasing milestones for the Shelby, a residential and retail project near SMU…. ….The People Blog showcases HFF's two appointments to its board of directors and Jones Lang LaSalle's hiring in Fort Worth.

October 29, 2009 - Today's Dallas/Fort Worth news features Deloitte's groundbreaking for a 750,000-sf campus on a 107-acre tract in Westlake. Also, DowntownDallas gets city council's blessing to take over management and programming for seven CBD parks, including the newly completed Main Street Garden..... …..Marcus & Millichap names a new regional manager of its Fort Worth office. The news tops the People Blog. ... ..... ..... ..... Weingarten Realty has sold a large warehouse in northwest Houston (see Houston Deals) and a Corpus Christi retail center (see Texas Roundup).

October 28, 2009 - Jacobs Engineering Group will provide program management services for the new $1.2 billion LSU Academic Medical Center in mid-town New Orleans. Projected at 1.6 million sf, this medical center will replace public hospital facilities lost to Hurricane Katrina, and includes a 424-bed hospital..... ...... ..... ..... .... Monmouth Real Estate Investment Corp., a REIT, purchased a 450,000 sf warehouse in Memphis from Harbin Group for $14.6 million. The sale of the warehouse, used by Federal Express, was handled by CB Richard Ellis and HFF..... ... ... ... A 122-unit apartment complex in Escondido, Calif. was sold for $10.7 million. Please go to Multi-Family Magazine for more details..... ... ....In Dallas/Fort Worth news, a Marcus & Millichap team sells a 21,390-sf medical office building to a user, who also bought out the one tenant to pave the way for conversion to an oncology clinic and surgery center…. ….United Natural Foods Inc. has inked one of Dallas/Fort Worth's largest leases to date this year. The deal turns ProLogis loose on a 590,000-sf build-to-suit. Also, Total Transportation Services takes 15,884 sf in Hall Office Park, getting class A space with room to grow and adding another headquarters name to the Frisco development. Dallas/Fort Worth Leasing has more details about both deals…. ….Leading the People Blog is Mohr Partners' addition of a recruiting manager in its Dallas headquarters office.

October 27, 2009 - A large package of nine self-storage facilities in Texas has been purchased by Harrison Street Real Estate Capital of Chicago. The self-storage units had a list price of $71 million, according to HHF, which represented the seller. Please go to Houston Deals for more....... ... ... ... Weingarten Realty reported a third quarter net loss of $9.4 million or 8 cents per share, versus a net income of 32 cents in the third quarter of 2008..... ..... ...... ...... ..... .... ... Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. has renewed its lease for 85,000 sf of office space at the Chrysler Center at 666 Third Avenue in Manhattan. The Chrysler Center is managed by Tishman Speyer. The brokerage firm was Newmark Knight Frank..... ...... ......Integra Realty Resources takes additional space in Fort Worth's Lexington Place, inking a 14,381-sf lease with a seven-year term. Details are in Dallas/Fort Worth Leasing.

October 26, 2009 - Grubb & Ellis secures definitive agreements to bank $90 million of gross proceeds from a stock sale. Details lead today's National Gazette. In other national news, a developer scuttles a 600,000-sf retail project in Illinois and decides to sell the prime piece of land while another sale decision involves a 9,813-acre auction in New Mexico. On the flip side, Penn National Gaming buys a development site in Virginia for a $97.5 million video lottery terminal facility…. …..In Dallas/Fort Worth news, the ribbon is cut for the 89 luxury condos atop the Omni Fort Worth Hotel. Also, a California investor claims 58,497-sf medical office building in Dallas…. ….The Association News page details the 14th Annual Women's Business Conference, hosted by the Dallas Regional Chamber.

October 23, 2009 - Equinix Inc. will spend $689 million in cash and stock to acquire Switch and Data Facilities, getting an additional one million sf and 16 market inroads for its portfolio. The National Gazette has the details of the deal, along with Wal-Mart's plan to spend up to $15 billion to expand worldwide. In other national news, McGraw-Hill Construction projects green retrofits and renovations will account for 20 percent to 30 percent of the market within five years. Meanwhile, CityCenter's 500,000-sf Crystals' earns a LEED Gold. Also, an empty hotel sells in Miami Beach and net-leased retail sells in Ohio…. …..In Dallas/Fort Worth Leasing, Bradford Cos.' brokers fill 94,818 sf and sell 43,500 sf in a new round of deals…. ….The Multifamily Magazine features Marcus & Millichap's sale of the 357-unitVillas at Montierra in Dallas and sales in Arizona and Ohio…. ….Headlining the People Blog is the return of a key brokerage team to CBRE in Dallas.

October 22, 2009 - Jones Lang LaSalle and CBRE brokers bed down 18 transactions in recent weeks in North Texas. Details for the deals lead today's Dallas/Fort Worth Leasing…. …..In the National Gazette, William Lyon Homes secures $206 million of backing from a Colony Capital fund. Also, Brandywine and Equity land new tenants in Virginia and Massachusetts, where an under-construction Lowe's also changes hands, while CBRE adds veteran investment bankers in NYC to expand its UK-based division…. ….The Multifamily Magazine features Abacus' purchase of a 492-unit complex in California…. ….Hilton Worldwide leads the International Dispatch, with news about its new Doubletree franchisee in Italy…. …..The Association News page features the finalists for a 2009 Young Professionals award.

October 21, 2009 - Metrostudy's updated annual forecast is projecting a 38 percent drop in housing starts for 2009, when the 12-month totals are racked up at the end of the year. Next year will bring a rebound in housing, however, Metrostudy said. Low sales prices, an oversupply of inventory and tight credit still pose problems for builders....... .... ... ........ Luzzatto Real Estate Value Fund I Addison II, a 181,000-sf office-flex property in Addison, Texas. Luzzato is seeking to acquire distressed real estate in Southern California and Texas. Brandon Chavoya of HFF arranged a $4.5 million loan from Aetna for the buy.... ... .... ..... ... ProLogis reports leasing activity in southwestern Germany at ProLogis Park Neuenstadt on our International Dispatch page...... ...... ..... .... Henry S. Miller Brokerage’s Shawn Ackerman negotiated over 30,000 square feet reports 30,000 sf of retail leasing in Sugar Land, Tx in Leasing Briefs..... ..... In Dallas/Fort Worth news, a $4.45 million loan, arranged by HFF, puts a new owner in the driver's seat of Addison II…. ….Encore Construction adds vice president with 28 years' experience in today's People Blog…. …..The Texas Roundup features a net-leased retail sale in Austin by an investor eyeing the state's tax benefits as a safer haven for his 1031 exchange investment than his native state.

October 20, 1009 - Transwestern will handle the leasing for McCord Development's 500,000 sf office portfolio near Loop 610 in the Houston suburb of Bellaire. See Leasing Briefs for more details. ... ... ... ... Federal Express bought 9 acres of land in Houston's Century Oaks near South Sam Houston Parkway and Stafford Road, according to Boyd Commercial. Brokers in the deal included David Boyd, Greg Barra, Fred Placke and David Ginther..... .....Dallas-based Behringer Harvard forms a retail joint venture with Rahlfs Immobilien GmbH, getting an inroad into Germany with a six-property portfolio and promises of more to come. Additional details lead today's Dallas/Fort Worth news, which also features the re-starting of work on a 55,000-sf project at the Texas Masonic Retirement Center…. ….The National Gazette details a land swap between Federal Realty and IKEA, opening the door to an urban project along the Mystic River. In other national news, investment banking firm EdgeRock Realty Advisors launches in New York and Tradd Hospitality Resources opens doors in Myrtle Beach, S.C. while Mack-Cali locks down a lease extension through 2024 in New Jersey…. …..Grubb & Ellis brokers complete four leases in Austin and San Antonio as the lead for the Texas Roundup…. …..The People Blog features two personnel shifts, winners of a 2009 award and TCN Worldwide's newest corporate member…. ....In Residential Topics, Urbi unveils plans to build 3,000 homes in Mexico's Toluca Valley….. …..ProLogis leads the International Dispatch with the leasing of 188,000 sf in Tokyo.

October 19, 2009 - Stream Realty Partners makes a move on Central Texas' retail sector, getting leasing and management rights to 10 shopping centers and adding three key industry players to lead the initiative. The Texas Roundup has the news…. ….The Austin area also headlines today's Residential Topics, with foreclosures on track to break the all-time annual record…. ….The Multifamily Magazine features a 91-unit sale in North Texas…. ….The National Gazette provides details for a retail sale in Phoenix…. ….A Marcus & Millichap promotion in broker tops off the People Blog.

October 16, 2009 - Rolls-Royce will break ground Monday on its 1,000-acre Crosspointe Centre in Arlington, Va., an aerospace manufacturing site supported by two research centers. Details are in the National Gazette, along with Yucaipa's $75 million investment in Morgans Hotel Group and plans for a new fund. Deepak Chopra resigns from the board as the plan goes into action. Other national news includes Jones Lang LaSalle's new leasing keys in Massachusetts, HFF's $10 million refinance for a 186,000-sf shopping center, a retail sale in Colorado and a 37,660-sf government lease in Virginia…. ….The International Dispatch features Hyatt's ribbon-cutting of a 791-room, two-tower hotel in Macau's City of Dreams…. ….Leading Residential Topics is the grim news that residential foreclosure postings in Dallas/Fort Worth will top 60,000 by year's end…. …..The Multifamily Magazine details a groundbreaking of a 116-unit affordable housing project in Arlington, Va…. ….In Dallas/Fort Worth news, United Supermarkets plans a 200,000-sf distribution center in AllianceTexas and two industrial properties are sold in Fort Worth and Garland…. …. SCM Real Estate gets an 86,065-sf medical office leasing assignment while Bradford Cos. and CBRE drive a host of transactions across the finish line in today's Dallas/Fort Worth Leasing.

October 15, 2009 - Abilene and Austin-based Emergent Technologies partner on a new biotech initiative for the growing West Texas city. Details lead today's Texas Roundup…. ….The Multifamily Magazine features a 47-unit short sale of a luxury mixed-use development in Wilshire Center. The Hendricks & Partners' team gets 19 all-cash offers, marching one to the closing table within two weeks. Also, NorthMarq Capital completes an $8.68 million financing for 300 units in North Texas… ….The National Gazette has details about the 3,420-acre Irvin Ranch in western Missouri moving to the auction block Nov. 10 and Hilton raising its flag on a re-branded and refurbished 367-room hotel in downtown Lexington, Ky…. ….In the People Blog, Means Knaus Partners names Bob Nowak as its COO; Kim Truitt with Prudential Gary Greene in Sugar Land gets a second-place award for the most residential sales in Texas; Grubb & Ellis completes a coup in Seattle; and the American Society of Landscape Architects seats its new board…. ….Dallas/Fort Worth news has the re-branding of Quantum First Capital to Grandbridge and a net-lease retail sale in Arlington…. …..Dallas/Fort Worth Leasing features a trio of transactions from the camps of NAI Robert Lynn and SCM Real Estate Services.

October 14, 2009 - Glorious Properties averages $4,102 per sf for 37 residential sales at its Royal Mansion development in Beijing. Its other news includes a 144-acre buy of the only residential tracts within the bounds of a lakefront, ecological resort. Details top today's International Dispatch, which also has highlights for AMB's 271,000-sf triple win in Mexico…. ….Association News features CREW's recipients for its first "20 Under 40" honor. Texas has two winners in the prestigious lineup…. ….Headlining Residential Topics is Douglas Wilson Cos.' sale for KeyBank of 492 finished lots in three gated developments in Florida… ….In the National Gazette, Hilton Worldwide wins bragging rights to Columbus' $140 million convention center-headquarters hotel project, which breaks ground in summer 2010. Also, Berkshire makes an equity investment in the 135-store Grocery Outlets, ProLogis completes two refis totaling $123 million and Focus Real Estate lands a 165,105-sf property management assignment in Florida from BGK Group…. …..TNT Dental finds a new headquarters location, taking flex tech space in Legacy Business Center. Details are on the Dallas/Fort Worth Leasing page. ... ... ... ... The 324-room Windsor Court Hotel in New Orleans has been sold to a partnership led by the Berger Co. of New Orleans and Crow Holdings of Dallas. ... ... ... ... ... Beechnut Business Park in Houston has been sold, says Marcus & Millichap in Houston Deals.

October 13, 2000 - Grubb & Ellis reports Houston office market is softer in the third quarter. Please go to the Leasing Briefs page for more details. ... .... .... GI Partners raises $1.9 billion of equity in less than one year for real estate and specialty investments. The National Gazette has the fund's highlights. In other national news, IRRC Institute and RiskMetrics release a study about Sovereign Wealth Funds. Also, Starwood Hotels & Resorts nears completion on a $5 million makeover of a 295-key hotel along Chicago's Magnificent Mile; Robertson Properties blesses a 150,000-sf under-construction center in Oahu; and a local buyer claims a 45,500-sf, single-tenant net-leased asset in Arizona…. ….ProLogis leases 860,000 sf in a series of deals in Mexico. Details lead the International Gazette… ….In Dallas/Fort Worth news, AUI Contractors lands three top honors from the state's largest construction association. The list includes Arlington's Founders Park and Levitt Pavilion…. ….Hendricks & Partners adds to its St. Louis team and Listingbook gets a new exec in Greensboro, NC, in today's People Blog…. ….The Multifamily Magazine features one of the largest REO sales to date this year in Los Angeles, with the deed turning in less than one month to the 206-unit Flat. SA Properties Holdings scored the win with an all-cash offer to Chinatrust Bank USA in a Grubb & Ellis-managed deal. In Houston, the 272-unit Williamstown changes hands.

October 12, 2009 - Senior living REITs Brookdale and Sunrise will close on a $204 million deal in mid-November. Details top today's National Gazette. In other national news, NC State awards an $87 million construction contract to Skanska and an Illinois healthcare group pulls a $175 million project off the backburner… ….The Texas Roundup features Bazaarvoice's lease signing for 51,000 sf in the San Clemente at Davenport office park and Southern Power's buy-out of a competitor, kick-starting work on biomass-fueled plant in East Texas that will service Austin Energy customers… ….Hudson & Marshall starts its auction of 100 foreclosed homes in Alabama, Georgia, Tennessee and North and South Carolina The Residential Topics has additional details…. ….In Dallas/Fort Worth, a private investor buys a 21,875-sf Chase Bank building in a Texas two-step move underwritten by a condo flip for part of the building to the presiding municipality.

October 9, 2009 - Developers Diversified escapes maturities with a $400 million loan, secured by 28 shopping centers, from Goldman Sachs Commercial Mortgage, which has its eye on TALF funds as part of the strategy. The details lead the National Gazette, which also features Jones Lang LaSalle's 16 million-sf assignment, First Potomac's $25.5 million buy in Maryland and Columbia Properties' $17 million acquisition in Georgia. Also, United Residential Lending adds offices in three states, including Texas, and MoranDownes Architecture launches in Phoenix…. ….In the Multifamily Magazine, Behringer Harvard, DeBartolo and Christian Tyler Properties buy the senior debt for 408 units in Fort Myers, paying $25.4 million to the FDIC for the $65.8 million balance of a note originated in 2006 by Corus Bank. In California, an investor buys 16 units…. ….Dallas/Fort Worth brokers court the market with a benefit fund raiser, "Tee Time for Toon." Proceeds benefit injured colleague Mike Toon. The Association News page has the scoop…. ….Dallas/Fort Worth Leasing leads with this week's deals from the Bradford Cos…. …..ProLogis again is front and center in the International Dispatch, filling 341,000 sf in a triple play in France.

October 8, 2009 - Fort Worth's TPG Capital is part of an investment partnership in a $2.77 billion deal with the FDIC for a Corus Bank portfolio valued at $4.5 billion. Details about the 102-property portfolio lead today's National Gazette, which also provides an update for the $2.7 billion sale of Busch theme parks to Blackstone Group, a 100,000-sf class A office lease in New Jersey, 222,000 sf in two leases in Atlanta, CBRE's 23.6 million-sf management assignment and the LEED-EB certification of the 2.5 million-sf McGraw-Hill Building in NYC…. ….Headlining the Dallas/Fort Worth page is a new partnership between Henry S. Miller Brokerage and CRE Auction Group and details for their Dec. 15 auction…. …..In Dallas/Fort Worth Leasing, new leases and assignments go into play for Grubb & Ellis, NAI Robert Lynn, SCM Real Estate and Regency Centers…. ….The Multifamily Magazine features a Texas investor's purchase in San Antonio, sales in California and Florida and Humphreys & Partners' pipeline for 1,206 units in five projects that are moving through the HUD pipeline.... ....Cushman & Wakefield of Texas Apartment Brokerage Services will oversee the Oct. 14 online auction of the 222-unit Oak Brook apartments on De Soto Street in northwest Houston. Bids will start at $1.6 million or $7,207 per unit. ... ... ... A 35-acre tract on Houston's FM 1960 near Deerbrook Mall has been purchased by 5P Development for a mixed-use project. Todd Edmonds and Cody Christoph of Colliers handled the sale. ...

October 7, 2009 - Breaking News: The Blackstone Group and Anheuser-Busch InBev have inked a $2.7 billion agreement for 10 theme parks in the U.S., including a trio of SeaWorld parks in San Antonio, Orlando and San Diego.... ....Leading the National Gazette is Phillips Edison's purchase of the 600,000-sf Bridgewater Falls in Ohio. In other news, a sealed bid auction gets under way for the 80,311-seat Silverdome in Pontiac, Mich., and a 62-month renewal is inked in California…. ….In Dallas/Fort Worth Leasing, a headquarters tenant expands at Lakeside Square, pushing its lease to 152,600 sf and the asset's occupancy to 84 percent for owner, Younan Properties…. ….The Dallas/Fort Worth page details a new initiative, Dallas CityDesign Studio. The $2 million of seed money is coming from a $5 million donation to the Trinity Trust and the city…. ….In the Multifamily Magazine, an investor buys the 256-unit Falls in Fort Worth in a seven-week turn while Houston-based Dinerstein gets $27.12 million to jump-start work on a 700-bed student housing project near the University of Alabama. Also, the NMHC releases a new survey about salaries and benefits for multifamily industry professionals…. …..The International Dispatch features FirstService Real Estate Advisors' new pact with Colliers CRE and Nipro's 250,000-sf lease with ProLogis.

October 6, 2009 - Food Lion's Brussels-based parent offers $425 million in cash for majority interest in BI-LO's 214 stores in three states. Details lead today's National Gazette, which also features a $44.25 million sale of the Windsor Hotel in New Orleans, the marketing campaign for a vacant shipyard in Savannah, Ga. and LCP Group's new loan for a ground lease near the University of South Florida…. …..The Multifamily Magazine details Behringer Harvard's buy of the 140-unit Redwood Lofts, which had been on the market for $70 million…. ….In the International Dispatch, Meridia Capital marks its second closing in one month, paying $54 million for the 240-key Four Seasons Mexico City to Strategic Hotels & Resorts.…. ....Jones Lang LaSalle, A10 Capital and Grubb & Ellis add professionals in Dallas and Newport Beach, Calif. The People Blog features the new additions.

October 5, 2009 - WorleyParsons Group, an engineering firm, has leased 55,000 sf of office space in the Energy Center II building, which opened in west Houston's Energy Corridor in early 2009. The building was developed by Trammell Crow Company and Principal Real Estate Investors. For more please see our Leasing Briefs page. ... ... ... ... Sally Beauty Holdings pays $61 million for a Pennsylvania-based company to expand its footprint in the Northeast. The deal's details lead the Dallas/Fort Worth page…. ….Today's Multifamily Magazine features the first phase opening of the 216-unit Greenhaven, a LEED-designed project in North Texas, and the $14.5 million buy of the 249-unit Bravado on 27th in Washington state…. …..Residential Topics features Dallas-based Eastern Partners' buy of developed lots in seven Georgia counties…. …..The Texas Roundup has details for a 22,206-sf lease in Austin by a company that needed to expand.…. …..In the National Gazette, Brandywine Realty Trust banks $85 million from the sale of 747,000 sf in two office buildings in Trenton, N.J. Also, a $20 million listing opens the door of opportunity at Tempe Town Lake in Arizona and an Ohio company jump-starts work in a 40,000-sf build-to-suit in Reno, Nev.

October 2, 2009 - Is it a sign? Marking one of the strongest rallies this year, Jones Lang LaSalle, Stream Realty, Bradford Cos., CB Richard Ellis and Transwestern release details for 515,806 sf of new leases and a 1.2 million-sf leasing assignment. Dallas/Fort Worth Leasing has all the news.…. …..In the National Gazette, Chicago-based Heitman gets a 49.9 percent stake in nearly three million sf of premier retail space in New Jersey and Arizona, paying $167.5 million to Macerich for the rights.…. ….Morgans Hotel Group lands a 10-year management pact to establish a beachhead in Puerto Rico. The resort's conversion leads the International Dispatch…. …..The Multifamily Magazine features sales by Hendricks & Partners and Marcus & Millichap…. …..Today's Texas Round-up has details for a 295,028-sf industrial sale in Waco and an Austin-based company's buy-in to a 10-property healthcare portfolio.… …..In the People Blog, a leading producer for Stream Realty earns a top promotion while a 20-year veteran returns to Kennedy Wilson Auction Group's California team…. ….. Association News has NTCAR's finalists for the prestigious Stemmons Service Award. The annual gala will be held Nov. 12.

October 1, 2009 - HCA has started a $25 million, 54,000-sf expansion at Kingwood Medical Center on the northeast side of Houston's suburbs. ... .. .. ... ... ... The Woodlake Collection shopping center in the Westchase area of Houston has been sold, CBRE reports. Please go to the Houston Deals page for more. ... ..... .. . ... Marcus & Millichap is marketing the 273-unit St. Tropez apartments in San Antonio on our Multi-Family Magazine page.

Sept. 30, 2009 -Northstar Commercial Partners pays $15.7 million for 370,000 sf warehouse in Sugar Land Business Park. Please click through to our Houston Deals page for more details... ... ... Starwood will open seven of its new Aloft hotels in Texas in 2009 in Texas Roundup... .... ... Westmount Realty Capital announces LEED certification on Dallas News page, where there is a new amazing article about Jackson-Shaw's 2,000-acre project in Colorado.... .... .... Data centers are attracting dollars. Digital Realty Trust pays $44 million for two data center buildings in north California, according to story in the National Gazette.... ... .... In Multi-Family Magazine, Marcus & Millichap reports an apartment deal selling at $50,625 per unit.

Sept. 29, 2009 - Consultatio S.A., a Buenos Aires-based development group, has paid $78 million for 10.3 acres of Atlantic Ocean beachfront in Key Biscayne. Also, in the National Gazette, O'Neill Properties Group marks a milestone for a 667,000-sf distribution center, touted as the only fully refrigerated design of its size in the U.S. Other news includes HFF's new marketing assignment, the 336,000-sf headquarters of Mervyn's in California and Regus' new location in New Jersey…. ….In Dallas/Fort Worth Leasing, ABT Executive Suites takes a 27,000-sf floor in Millennium Tower…. …..Cabaret North's pending sale leads the Dallas/Fort Worth news…. ….In the Multifamily Magazine, the 175-unit Churchill Estates at Lake Highlands is a step closer to its opening. Also, an in-state private investor buys 199 of 432 condos for $6.5 million for a plan to return the units to Riverview, Fla.'s rental pool and an Arizona investment group pays $7.3 million for 120 units in Oregon…. ….The National Multi Housing Council's new Web site headlines today's Association News.

Sept. 28, 2009 - The Dallas Cowboys Stadium clearly is a development tool for Arlington's growth, but the city's commercial future isn't under just one roof. NTCAR brokers get a behind-the-scenes look at all that the city has to offer. Dallas/Fort Worth news has all the details…. …..In the People Blog, Encore Capital and Forestar Group add to their teams…. …. The National Gazette features MayfieldGentry's office redevelopment in Washington, D.C., Grubb & Ellis' leasing coup in Southern California, an industrial sale in Oregon and Finlay Enterprises' shutdown of jewelry stores, with Texas as the hardest hit of 27 states…. ....Turner Construction leads the Multifamily Magazine with a $109 million project for Camp Pendleton, Calif.

Sept. 26, 2009 -The Macy's at Houston's Almeda Mall has reopened following damages sustained in Hurricane Ike in September 2008, according to a story by David Kaplan in the Houston Chronicle. Almeda Mall, on the southeast side, opened in 1968. .... ... Houston's hotel market is going through a rough patch. Hotel occupancy in Houston averaged 59 percent in July, down 8.8 points from July 2008, according to PKF Consulting. The average daily room rate was $106.85, down 15 percent from July of last year.... ... .... Hines, the Houston-based real estate firm, announced that the 1515 Wynkoop in Lower Downtown (LoDo) Denver, has been certified LEED Gold. Designed by Hartman-Cox Architects and Gensler, the eight-story 306,791-sf office building was developed by Hines and opened in March of this year.

Sept. 25, 2009 - For the first time in three decades, RREEF turns over property management duties for its 117 million-sf office and industrial portfolio to a third party. The winners of the high-stakes competition are CB Richard Ellis and Transwestern. The National Gazette has additional details. Other national news includes Farmers Insurance's groundbreaking plans for a 464,045-sf expansion of its Michigan campus, a $23 million project completion in San Diego and Hilton Garden Inn's aggressive global building campaign…. ….Witten Advisors' president details the state of the apartment market in today's Multifamily Magazine, which also features Post Properties' plans for a $59 million capital raise, Lightstone's talks with HUD and two deals in California, one of which restarts construction on a stalled condo project…. ….In Dallas/Fort Worth Leasing, Bradford Cos., CBRE and Stream Realty bed down eight deals in the metroplex…. ….Dallas/Fort Worth news features Sewell Lexus' celebration of its LEED Gold milestone and the sale of an office/warehouse in Carrollton…. ….A real estate veteran's climb to association president leads the People Blog.

Sept. 24, 2009 - Leading the National Gazette is a $200 million pact between Moscow-based Onexim Group and Forest City Enterprises for a stake in Brooklyn's Atlantic Yards project. Also in the Big Apple, W&H Properties unveils the $10 million facelift of the Art Deco lobby in the Empire State Building, which is in the midst of a $550 million restoration. In other national news, America's Capital Partners issues a media alert to clarify last week's transaction involving its $1.1 billion portfolio. Also, a tenant expands at the Ames Pond Corporate Center in Massachusetts, a $25 million refinance clears for the class A Glenpointe Center in New Jersey and Hilton rechristens itself…. …..On the Association News page, the National Multi Housing Council rolls out a report about off-campus student housing…. …..CoreNet Global's CEO retires, opening the door to a search for an interim and long-term replacement. The People Blog has the news…. …..In the Multifamily Magazine, a Florida investor buys 85 units in West Texas and a New York investor grabs 182 apartments in Phoenix… ….Dallas/Fort Worth Leasing has details about an expansion at Hall Office Park and Dallas/Fort Worth news features a new medical office project in Tarrant County…. …..The sustainable features of a 314,700-sf distribution center in the U.K. wins a full-building tenant as today's lead in the International Dispatch.

Sept. 23, 2009 - Taubman Centers Inc. turns to its lender to weigh the fate of the Pier Shops at Caesars, taking a write-down for the 282,000-sf Atlantic City holding and one for its 820,000-sf Regency Square in Richmond, Va. The National Gazette has additional details along with Healthcare Trust of America's $163 million buy of an 856,000-sf, 16-building portfolio of the Greenville Hospital System, a 645-unit self-storage sale in California and CBRE's newest green accolade…. ….Leading the International Dispatch is Accor's $402.4 million sale-leaseback of 158 budget hotels in France…. ….Foreclosure Listing Service finds postings in the Austin metro are at an all-time high. The four-county region's dire news headlines today's Texas Roundup..... .....Residential Topics has UPI and Reecon Advisors partnering on a new online residential real estate section…. …..The Multifamily Magazine highlights the progress of a $135 million student housing project at the University of Southern California…. …..A Marcus & Millichap promotion tops today's People Blog.

Sept. 22, 2009 - For the first time in its history, West Penn Allegheny Health System hires a third-party company for its six million-sf, 250-building portfolio. CBRE wins the deal in western Pennsylvania. The details lead the National Gazette. Other news includes Davidson Hotel's new Westin contract in Connell Corporate Park in eastern New Jersey and a refinance of an industrial property in New York…. ….Today's Multifamily Magazine features Behringer Harvard's completion of a $96 million purchase in California, and $40 million acquistion of the 308-unit Burrough's Mill in Cherry Hill, N.J., both of which have been under contract since August, and a 168-unit buy in Arkansas by Bailey Properties…. ....Leading the Residential Topics is a 40-condo auction for Lake Windermere in Invermere, B.C. Kennedy Wilson Auction Group is touting it as the first sale of its type in Canada…. ….In D/FW Leasing, Preston Park Village will get a sushi restaurant in December…. ….The People Blog has personnel news for Jones Lang LaSalle and HFF…. …..JHM Interstate, a US-based joint venture, secures its first management contract in India through an agreement with a UK-based developer. The International Dispatch has more details.

Sept. 21, 2009 - The Conti Organization goes into detail about its first fund, a plan to generate $30 million for 2010 acquisitions. The story leads today's Multifamily Magazine, which also features sales in North Texas and Oregon…. …..In the National Gazette, the changed IRS rule for commercial property owners is grist for a story…. ....The Texas Roundup features GVA Cawley's second new office in two months…. …..Foreclosure notices in North Texas are predicted to top 60,000 by year's end. Foreclosure Listing Services' statistics lead today's Residential Topics…. ….In Dallas/Fort Worth news, San Diego-based Equity Based Services Inc. buys a 558-unit self-storage complex to get its 23rd deed in the state…. ….Hyatt Hotels & Resorts and St. Michael's Foundation unveil plans for a new Caribbean resort, complete with a Monte Carlo-style casino. The International Gazette has the details.

Sept. 18, 2009 - Digital Realty Trust gains majority control of a 797,000-sf class A park in North Dallas, jump-starting a redevelopment plan for the 69-acre former Alcatel campus. In other Dallas/Fort Worth news, leaders unveil the $185 million design of the Perot Museum of Nature & Science while Jones Lang LaSalle holds an inaugural market event, showcasing its merged team, new HQ and the current and future state of commercial real estate in the region…. ….The National Gazette features Eola Capital's buy-in to a $1.1 billion office portfolio and Balfour Beatty's $626 million plan to acquire Parsons Brinckerhoff. Other news includes more real estate shops for Fort Lauderdale — the CREF Group and KW Commercial, a 17,000-sf project in San Diego and a 16,000-sf lease in Boise…. …..A pair of transactions tops off the Houston Deals page. Also in Houston, new single-family development leads the Residential Topics…. …..The People Blog features a major catch in the New York market for Grubb & Ellis.

Sept. 17, 2009 - Grubb & Ellis Co. is positioning itself for an uptick in hospitality and golf course sales by lenders in the coming years, hiring a 30-year veteran to lead the team and develop a national practice. Behind-the-scene details are in the National Gazette, along with Jones Lang LaSalle and REDC's new auction platform for commercial properties and notes. Also featured is Rutgers Business School's new EDC strategy, a J.P. King auction in the Phoenix metro, a GSA lease in Chicago's West Loop and a $17.7 million retail sale in Watertown, N.Y….. ….. Houston Leasing Briefs feature StarTex Power's expansion at Phoenix Tower and a sublease in Champions Forest…. ….In the Multifamily Magazine, Leyendecker unveils plans for a West Texas community and HFF completes a second refi in one month for Campus Habitat…. …. On the Houston Deals page, two sales and one high-profile opening land in the city…. ….In the People Blog, a PKF director adds to her role with the Greater Houston Partnership…. ….The International Dispatch showcases 156,000 sf in two leases by a new ProLogis tenant.

Sept. 16, 2009 - Dallas Mayor Tom Leppert assures a record-breaking crowd at the Dallas Regional Chamber's State of the City luncheon that the city's made right investments in its future. The reward is the ability to move ahead on construction projects while many parts of the nation are at a standstill. The mayor's address leads the Dallas/Fort Worth page, which also features a sale in the Great Southwest…. …..The largest lender-controlled apartment portfolio in the Western U.S. will have its call for offers at month's end. The 2,759-unit, seven-property portfolio's incentive to buy is seller financing at a high leverage, low interest rate. The Hendricks & Partners-run deal tops off the Multifamily Magazine, which also has details for an 80-unit trade in San Antonio… …..Headlining the National Gazette is 74,497-sf office lease by the GSA in Virginia and 21,5000-sf industrial deal in SoCal…. ….The People Blog features personnel news from Colliers, Venture Commercial and ProLogis… ….Houston Leasing Briefs land three office deals. D/FW Leasing gets two across the finish line, including a 20,360-sf office renewal…. …..China Holdings unveils a resort city plan for 198,000 acres in Inner Mongolia in the International Dispatch.

Sept. 15, 2009 - Oak Hill Advisors, with one of its main offices in Fort Worth, has closed a $1.1 billion fund for its investors. Details lead today's Dallas/Fort Worth page…. …..The People Blog features personnel shifts for LaSalle Hotel Properties, CBRE and Grubb & Ellis along with a new designation for an Innovative Developers' executive…. ….GI Partners banks $28 million from the sale of its last Fund I properties, passing a Frankfurt deed to Equinix. The International Dispatch features the sale and an update about its $2 billion fund…. …..Residential Topics adds more auction news, with Zetabid poised to sell 110 homes in the Chicago metropolitan area…. ….In the National Gazette, Cousins Properties opens a public offering, hoping to net at least $248 million. Also, Ewoldt International and its new partners join in the distressed chase by launching Resolution Services LLC.

Sept. 14, 2009 - The Real Estate Council's Giving Gala will be held Oct. 8, with all funds earmarked for the 2010 awards to Dallas-area organizations. The evening's headline act is Country Music star Jack Ingram. TREC's traditional live auction gets a hot new item for its docket. Details are on the Association News page…. ….Leading the National Gazette is CBRE's new leasing and management assignment for Healthcare Trust of America…. …..The Multifamily Magazine features a new report by Marcus & Millichap and Dallas-based Conti's inroad into Houston …. ….The International Dispatch has a new lease in Mexico for AMB and D/FW Leasing features a new shop in Regency Centers' Mockingbird Commons.

Sept. 11, 2009 - Houston's American Spectrum Realty has dibs on Evergreen Realty's property management contracts. If the deal makes, at least 60 properties in 15 states will roll, including five student housing projects in Texas. The details are in today's Houston Deals…. ….Behringer Harvard headlines the Multifamily Magazine with its second purchase this week. This time, it's the 253-unit Mariposa Loft Apartments in Atlanta. Also, a plan emerges in New York City for a $35 million condo project in NoHo and Los Angeles investors complete one acquisition and two refinancings.… ….In the National Gazette, DebtX opens bids on a $788 million portfolio of commercial loan from a Georgia bank, a law firm leases 100,000 sf in San Diego and the majority owner of the Peninsula Chicago plans to buy out its partner. Also, Citi's 628,000-sf campus in Jacksonville, Fla., wins a TOBY and the Rockefeller Group advances work on an 84,000-sf outpatient clinic for veterans…. ….In Dallas/Fort Worth news, Westmount sells five buildings in the Big D to an affiliate of Joule Hotel and a 22,000-sf industrial portfolio changes hands in Plano…. ….The People Blog fetes more local professionals…. …..In the International Dispatch, Hines' EcoLogistics I becomes the first industrial project in Mexico to earn LEED certification. Also, a developer inks a joint venture plan for its first project in Vietnam, 700 residential units in the seaport city of Haifong and a logistics company leases 154,000 sf in Prague from ProLogis..... ....Houston Leasing Briefs feature seven new deals and the Texas Roundup picks up one in San Antonio.... .....In D/FW Leasing, Lockheed Martin takes 61,945 sf in Wilcox Plaza at Green Oaks in West Fort Worth, becoming the first tenant for the three-month-old, LEED pre-certified Gold building.

Sept. 10, 2009 - NTCAR Retail and ICSC showcase the industry at the inaugural DFW Retail Trends Conference and traditional deal making session. Retail Forward's Al Myers shares insight on trends and how to position for the future on the Association News page…. …..In Dallas/Fort Worth news, Trademark Property launches its first investment fund, setting a $50 million goal as part of a restructuring of its business model. Also, a small office building sale crosses the finish line…. ….. Retail deals rule the day in D/FW Leasing.…. …..Leading the Multifamily Magazine is Behringer Harvard Multifamily REIT I's acquisition of the 390-unit Waterford Place in San Francisco. Also, AMLI Residential lands a $32.2 million loan for its AMLI on 2nd, a class A plus mixed-use prize in downtown Austin…. ….National Gazette news includes a 196-room hotel sale on the Miami waterfront and a 51.8-acre sale in Florida's Sarasota County…. ….ProLogis tops off the International Dispatch with a 382,000-sf lease with a leading UK retailer….. Today's People Blog features the new names for NAI Robert Lynn in Dallas and Regency Center's Los Angeles office.

Sept. 9, 2009 - Pittsburgh-based McKnight Development Corp. pockets the deed to the 452,913-sf Cranberry Woods Office Park for $89.5 million in a deal arranged by HFF. Details are in the National Gazette, along with Phoenix's new firm, The Richard Solomon Group…. …..In Dallas/Fort Worth news, a well-known Texas executive, Donna Arp, steps in as president of Encore Enterprises, getting the reins to a $250 million investment fund as her focal point…. …..Houston Leasing Briefs feature a flurry of new deals while D/FW Leasing details a renewal and expansion at Hall Office Park.

Sept. 8, 2009 - As its long-time CFO moves to BentleyForbes, Pacific Office Properties also makes a change with its lender, securing a $10 million credit facility, retiring another and cushioning the corporate till. Details lead today's National Gazette, which also features an $11 million sale in Florida and $5.25 million transaction in Los Angeles…. …..Headlining the Association News page is The Real Estate Council Foundation's 2009 Community Impact awards. Eight Dallas- area organizations will receive $746,000 in cash and technical services…. ….In the Multifamily Magazine, DLZ Investments gets a prime location in Pasadena, Calif., with a 14-unit pick-up….. …..Auctions in the Northeast, Washington, D.C. and Louisiana are center stage on the Residential Topics page.

Sept. 4, 2009 - The North Texas CCIM Chapter draws nearly 350 brokers to a week of events in Dallas, treating them to sneak previews of industry-shaping news. Details are on the Association News page…. ….Leading the National Gazette is GI Partners' $116 million buy of a 75 percent stake in Macerich's 1.4 million-sf FlatIron Crossing in Colorado. Other news includes GE's 300,000-sf lease in Detroit, a retail sale in Florida and a first-time retail assignment in Phoenix…. …. Carl's Jr. makes its way to China, where the plan for 100 locations in five years is unveiled in today's International Dispatch…. …..In Dallas/Fort Worth news, DFW International Airport takes the first step toward renovating four terminals, a proposal estimated to cost up to $2 billion. Also, two Dallas-based restaurant chains set their sights on the Arizona marketplace and two property sales make it across the finish line…. .…The Multifamily Magazine features a $125 million loan to American Campus Communities and three sales in Arizona and New Jersey…. …..FirstService, CBRE and Grubb & Ellis unveil personnel changes in the People Blog.

Sept. 3, 2009 - Today, CCIM Institute President Mac McClure signed a memorandum of understanding for a reciprocity agreement with the Oxford, England-based Royal Institution of Chartered Surveyors (RICS), according designations to members with 10 or more years' service in the organizations…. ….Texas leads the nation with the highest closing fees in a new survey by Bankrate Inc. Residential Topics has the details…. ….In a bid to avoid a bankruptcy filing, Capmark

Financial kicks a plan in motion to sell the North American servicing and mortgages businesses for $490 million to Berkshire Hathaway and Leucadia National Corp. Details lead today's National Gazette, which also features Deka Immobilien's $208 million off-market deal for a just-delivered class A office building in Washington, D.C. Vornado, the seller, keeps management rights for the fully leased 250,000-sf prize…. …..The Multifamily Magazine features a $20 million refinance for the 379-unit River Terrace in New Jersey, Place Properties' 856-bed inroad to Ohio and a 21-unit sale in Pennsylvania…. ….ProLogis again headlines the International Dispatch with its continued expansion in Asia. The newest development is a 616,000-sf build-to-suit for its existing tenant, Senko…. …..Dallas/Fort Worth Leasing features CBRE's new stack of deals in the metroplex while the Texas Roundup has two hotel sales by a Marcus & Millichap team in Houston.

Sept. 2, 2009 - The new owners of the 1,618-acre Skywater Over Horseshoe Bay will re-launch the development this Friday. Details lead today's Texas Roundup, which also features two D/FW briefs due to temporary website issues -- Blumberg Excelsior sells its long-time location to a local company to set up a relocation in the Great Southwest Industrial District and two restaurant investors beef up portfolios with Jack in the Box and Sonic locations…... …..Stonemason Partners hits a fund-raising mark for a $100 million buying pool. Also in the National Gazette is a $10 million purchase of a class A office complex in North Scottsdale…. …..Topping off the Multifamily Magazine is a $5.9 million sale of a 141-unit complex in Denver….. ….AMB Property Corp.'s 65,000-sf lease in Paris leads the International Dispatch…. ….Today's People Blog features a hiring and a promotion at Younan Properties Inc.

Sept. 1, 2009 - Inland jump-starts a new REIT with a capital campaign to raise $5 billion for real estate and related acquisitions. Details lead the National Gazette, which also features Forest City's $557 million loan redo, the 5,613-acre auction of two ranches in eastern Colorado and 22 store openings for Best Buy…. ….The Texas Roundup features store openings by Sprouts and Forever 21…. …..In Dallas/Fort Worth Leasing, three leases for nearly 8,000 sf of class A office space cross the finish line at Hall Office Park…. …..In the Multifamily Magazine, a Hendricks & Partners' broker sells a 38-unit complex in a California bay-front redevelopment area…. ….Leading the International Dispatch is China Housing & Land's update of a 1,015-unit residential project and ProLogis' new joint venture partners in Japan…. …..The People Blog features a new broker for Grubb & Ellis.

Winner: Best Website

RealtyNewsReport.com was named Winner Second Place in the Best Web Site Category in the National Association of Real Estate Editors Journalism Competition

Web site editor Ralph Bivins "has extensive print journalism experience in the real estate field, and it shows.”-- Judges' comments

...............................................................

PLEASE Click below for more daily blogging archives

- more Bivins Blog: real estate log

.................................................................

Houston Association of Realtors:

Bob Hale, president and CEO of the Houston Association of Realtors, has been getting a lot of recognition in the media. Hale was recently named one of the most influential people in the nation's real estate business by Inman News. Hale's leadership of the association's web site, HAR.com, also received notice in the Houston Chronicle. HAR's web site offers listings in English, German, French, Spanish, Chinese, Vietnamese and Italian. An amazing 77 percent of home buyers now use the Internet to find a home. HAR.com had 3.7 million visitor sessions in July alone. For the month, people spent a total of 60 million minutes looking at real estate listings on HAR.com. The Houston association's web site is one of the best in the nation - it has won three national "best web site" awards. The Houston real estate community has a lot to brag about because it is sort of the Silicon Valley of real estate on the Internet. To read the Houston Chronicle story please go to www.chron.com/disp/story.mpl/business/4156006.html

RealtyNewsReport.com

RealtyNewsReport.com covers Texas and the Nation

Led by veteran Journalist Ralph Bivins, RealtyNews Report provides insights and items to prepare you for the changing marketplace.

Northwest Houston

Project Sold

YH Development, L.P.,

an investment group

set up by a major Houston-based

Yancey-Hausman

Interests, Inc., has sold

Fallbrook Business Center,

a 40,450 SF

office/warehouse building

located at 8726 Fallbrook Drive,

in Northwest Houston to

Master Flo, Inc.

Yancey-Hausman Vice President

Forbes Henderson represented

the seller and Master Flo, Inc.

was represented by

Stephen George, Inc.

LEED Gold

For Downtown

Houston Tower

The tallest office tower

in Texas has been rated

LEED Gold by the U.S.

Green Building Council.

The 75-story, 1.6 million

sf JPMorgan Chase Tower

is managed by Hines.

JPMorgan Chase building

is 92 percent leased.

Mayor White

Running for

Texas Governor

Mayor Bill White of Houston

has announced his

plans to run for governor

of Texas as a Democrat. White,

who has served as Houston

mayor since 2004, would

face incumbent Gov. Rick

Perry or Sen. Kay Bailey

Hutchison (R).

White has been praised

for many accomplishments,

including his management

of handling the influx of

300,000 evacuees into

Houston following the Hurricane

Katrina.

Editor's Opinion: Bill White

is a phenomenal leader and

would be an outstanding

governor for Texas.

RealtyNewsReport.com Editor Ralph

Bivins with Houston Mayor Bill White.

RealtyNewsReport.com

The Award-Winning Web Site

Edited by Award-Winning

Journalists

Accolades

RealtyNewsReport.com is a winner

in the website contest conducted

by Texas A&M Real Estate Center.

Thanks to our many readers who

voted for us and helped us achieve

this honor. RealtyNewsReport.com

and Candy Evans' Dallas Dirt

tied for second place. Shannon

was named first place winner

in the statewide competition.

Scott Nicholson's Austin-area

blog placed third.

Dallas and Fort Worth

All the news from

North Texas

Click HERE

Multi-Family Magazine:

The latest news in the apartment industry.

Click HERE

Last Updated: February 9, 2010