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Investment
Sares Regis Takes California Industrial Facility, Plans Expansion
May 09, 2008
Sares Regis Group of Northern California has purchased Pinole Point Business Park in Richmond, Calif.
Secondary Glance: Tier Two Office Markets Form Hotbeds of Opportunity
May 09, 2008
In today’s economy, office investors in search of deals tend to prefer lower-risk primary markets. But more affordable prices are drawing some to secondary markets, and small banks can often facilitate investments there.
Falcon Flies: Investment Advisor Expands Foreign Representation
May 09, 2008
Editor-in-chief Suzann D. Silverman spoke with Howard Hallengren, chairman of Falcon Real Estate Investment Co., about his company’s business. Hallengren co-founded the company in 1991 to represent foreign investors in U.S. real estate after providing similar services through Chase Manhattan Bank’s international private banking group in the 1980s. For more on how Hallengren sees foreign investment changing, see the May issue of CPN or search for key words “Howard Hallengren” in quotation marks.
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Development
Protective Measures
May 09, 2008
The month of March proved to be a test of building owners’ ability to protect themselves against disaster. On March 14, as many as 14 tornadoes touched down in Georgia, including Downtown Atlanta and its surrounding communities.
Sares Regis Takes California Industrial Facility, Plans Expansion
May 09, 2008
Sares Regis Group of Northern California has purchased Pinole Point Business Park in Richmond, Calif.
Legal Battle May Follow End of EnCap’s Meadowlands Project
May 09, 2008
A once-promising proposal to transform landfills in Northern New Jersey into an 800-acre master-planned community now appears headed for a long legal battle. 
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Leasing
Procter & Gamble Leases 1.2MSF Suburban St. Louis Industrial Building
May 09, 2008
In an effort to fulfill its need for a large block of industrial space in the St. Louis area, Procter & Gamble has signed a lease that will expand an existing 580,000-square-foot distribution center into a 1.2 million -square-foot facility.
DCT Industrial Sees Strong Leasing Activity in Memphis
May 09, 2008
DCT Industrial Trust Inc., a Denver-based industrial REIT, has signed more than 770,000 square feet of leases in Memphis, including two companies that expanded and a new client.
San Diego Economy, Real Estate Likely to Remain Unsettled   
May 08, 2008
The San Diego area’s economy will remain beset by job losses in real estate and weak growth in other sectors for at least another two quarters, according to the annual UCLA Anderson Forecast from the University of California–Los Angeles Anderson School of Management. 
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Property Management
Protective Measures
May 09, 2008
The month of March proved to be a test of building owners’ ability to protect themselves against disaster. On March 14, as many as 14 tornadoes touched down in Georgia, including Downtown Atlanta and its surrounding communities.
Vista Picks JLL To Rep Mixed-Use in Houston
May 07, 2008
Houston-based Vista Equities Group has selected Jones Lang LaSalle Retail to represent its $150 million Main Street-styled mixed-used development, LaCenterra at Cinco Ranch.
Gramercy Realty  Strengthens Operating Management Team
May 07, 2008
Gramercy Capital Corp. has announced that Michael Berman has joined its Gramercy Realty division as senior vice president, leasing and portfolio management.
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Corporate Real Estate
CT Takes Fleetwood HQ
May 09, 2008
Newport Beach, Calif.-based CT Realty Corp. has acquired Citrus Park, a 12-building office and industrial park in Riverside, Calif., from Fleetwood Enterprises Inc.
Corenet CoreNet Panel: Corporate RE Departments Focused on Global Growth, New Workplace Strategies
May 08, 2008
Corporate real estate departments are focused more than ever on supporting corporate expansion into new global markets and transforming workplaces into more collaborative areas to attract talent, according to a panel of top corporate real estate professionals and service providers.
Sony Building Chosen Corporate Facility of the Year
May 07, 2008
Grubb & Ellis Co. has announced that 550 Madison Ave. was selected by the Mid-Atlantic Building Owners and Managers Association as Corporate Facility of the Year.
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Technology
FNC Automation Ensures HVCC Compliance for Mortgage Lenders
May 09, 2008
FNC's premier analytic product-GAAR (Generally Accepted Appraisal Rules) - can help lenders comply with provisions that will require them to report the results of quality control testing, officials of the mortgage technology company have reported.
Ontario's Next Generation Jobs Fund Likely to Have Real Estate Impact
May 08, 2008
The government of Ontario is on the verge of awarding a new series of grants to local businesses, a move that promises to stimulate demand for certain kinds of real estate indirectly, particularly space suitable for high-tech research or manufacturing.
GE Real Estate Names Brodsky Regional Sustainability Leader for North America Equity
May 07, 2008
GE Real Estate has announced that Stuart Brodsky has been named regional sustainability leader for its North America equity unit.
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Practicing Green Building in the Commercial Real Estate Industry


Going green is a growing real estate trend. Sustainable design is being implemented to optimize environmental safety and reduce wasteful consumption. CPN's real estate news reports uncover how these strategies are affecting the state of the commercial real estate industry.



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