Finance Net Leasing
GSA Renews Lease in Virginia
May 7, 2008

Lerner Enterprises of North Bethesda, Md., has announced that is has secured a lease renewal for 236,000 square feet with the General Services Administration (GSA) on behalf of the Department of Defense at 400 Army Navy Drive in Arlington (Pentagon City), Va. Built in 1964, 400 Army Navy Drive was renovated in 1986 and has been leased to the GSA since that time. The building is within walking distance of both the Pentagon City and Crystal City Metro stations.

 
Recent Net Leasing Headlines
Capitol_Lounge Capitol Lounge Building Sold in DC
July 22, 2008
The Capitol Lounge building located at 229 Pennsylvania Avenue in Washington, D.C., has been sold by the NorthMarq investment sales team of Jim Karnack, Jerry Burg and Matt Clinebell, the company said today.
Net Lease Sees Sluggish Second Quarter
July 22, 2008
The net lease market has entered a period of lower sales and lower expectations, according to the latest report by Northbrook, Ill.-based Boulder Net Lease Funds L.L.C.
ProLogis Leases 252,000 SF to Schenker in France
July 21, 2008
ProLogis has leased 252,000 square feet of distribution space in France to Schenker S.A., a French subsidiary of the Schenker Group.
Grubb & Ellis Sells Texas Office Property
July 17, 2008
Grubb & Ellis Realty Investors L.L.C. announced the disposition of 1410 East Renner Road, a two-story office building in the Dallas suburb of Richardson, on behalf of tenant-in-common investors.
ProLogis Expands Roles Within Global Investment Management Group
July 17, 2008
ProLogis has made two appointments for leadership of its Global Investment Management group.
 

 

Thursday REal Talk with Adam Perrotta
July 24, 2008
By Adam Perrotta, News Writer --In yet another example of an American firm's involvement abroad, Denver-based ProLogis has appointed Philip Dunne as COO of Europe and the Middle East. Dunne's appointment would seem to indicate that the firm has every...

Work Gets Underway on $500M Gates Foundation HQ in Seattle
July 24, 2008
By: Barbra Murray, Contributing Editor --Ground has just broken in Seattle on what will become the new home of the Bill & Melinda Gates Foundation. The multi-structure green headquarters campus (pictured) will encompass 900,000 square feet, including a visitor center,...

New York Housing Agencies Approve $329M to Build, Renovate Affordable Housing
July 24, 2008
By: Anuradha Kher, Online News Editor, Multi-Housing News --The boards of the New York State Housing Finance Agency (HFA) and its subsidiary, the New York State Affordable Housing Corp. (AHC), recently approved more than $317 million in financing to build...

ProLogis Makes More Big Moves in People, Places
July 24, 2008
By: Scott Baltic, Contributing Editor --In its fourth major personnel appointment in just a few months, distribution facility giant ProLogis has announced that Philip Dunne will join the company in the new position of COO/Europe and the Middle East. Dunne,...

ING Sells Roosevelt Raceway Center on Long Island for $103M
July 24, 2008
By: Judy Feldman, Contributing Correspondent --ING Clarion Partners L.L.C. has sold the Roosevelt Raceway Center in Westbury, N.Y. The New York office of Holliday Fenoglio Fowler L.P. announced the finalization of the $103 million sale and arranged financing, representing the...

Top Brokers Do Deals in Bad Markets, Too
July 18, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Many in the industry long for the frothy markets of 2005 when sellers experienced record low cap rates, buyers were aided by loose credit and a strong flow of funds from the capital...

Know Thy Customer
July 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --How well do you really know your customer? Let me put this as simply as I can. If you want to succeed in business you must be in touch with the demands of...

How to K.I.S.S Problems Goodbye
June 27, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Keep It Simple Stupid. One of the most effective ways to order your world is to simplify everything you encounter. The problem is that keeping it simple often becomes very difficult when our...

Does Appearance Matter?
June 20, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --So, do appearances really matter? They shouldn't, but the reality is that they most certainly do. As the old saying goes, "you only get one chance to make a first impression," and often...

Recognizing the Need for Change
June 13, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Since the title of today's column is "Recognizing the Need for Change," I'm going to switch things up a bit and ask you to answer a question posed by me. I first warned...