Thursday, January 17, 2013

Avison Young Buys Houston-Based Mason Partners - Commercial Property Executive (blog)

Avison Young Buys Houston-Based Mason Partners - Commercial Property Executive (blog)

Avison Young Buys Houston-Based Mason Partners - Commercial Property Executive (blog)

Commercial Property Executive (blog)Avison Young Buys Houston-Based Mason PartnersCommercial Property Executive (blog)Avison Young, Canada's largest independently-owned commercial real estate services company, continues to expand its offerings with the acquisition of Mason Partners, a Houston, Texas-based commercial real estate brokerage company for an undisclosed ...Avison Young releases 2013 commercial real estate forecast for Canada, USMarketWatch (press release)all 10 news articles »

Big Lenders Target Commercial Property - NuWire Investor

Big Lenders Target Commercial PropertyNuWire InvestorLarge corporate lenders like commercial banks and life insurance companies are shopping for new places to put their money in 2013 as the end of last year saw more flexibility in commercial mortgage-backed securities and commercial real estate mortgage ...

Woodbury, NY - CLK Commercial Properties leases 22871 s/f to Orlin & Cohen ... - New York Real Estate Journal Online

Woodbury, NY - CLK Commercial Properties leases 22871 s/f to Orlin & Cohen ...New York Real Estate Journal OnlineWoodbury, NY CLK Commercial Properties has leased 22,871 s/f at 45 Crossways Park Dr., to Orlin & Cohen Orthopedic Associates, LLP, bringing this 35,011 s/f commercial property to 100% occupancy, according to CLK president Craig Koenigsberg.

Recovery for commercial real estate remains elusive - Colorado Springs Gazette

Recovery for commercial real estate remains elusiveColorado Springs GazetteMeanwhile, the combined average asking rent for commercial properties fell to $9.57 per square foot in the fourth quarter, down 1.5 percent from the same period a year earlier, Turner's report showed. Four years earlier, the average asking rent was ...and more »

Brokers see new interest in commercial properties - Kane County Chronicle

Brokers see new interest in commercial propertiesKane County Chronicle(Left to right) Doug Denz, Cheryl Denz, Michael Lentino and Kevin O'Donnell stand in the doorway of Cheryl Denz's new Riverview Counseling Services facility in downtown St. Charles. O'Donnell and Lentino, of O'Donnell Commercial Real Estate Inc., were ...and more »

Real Estate Transactions and Business Openings: YTI Career Institute-York ... - Patriot-News (blog)

Real Estate Transactions and Business Openings: YTI Career Institute-York ...Patriot-News (blog)Commercial real estate transactions and business openings change lives, provide new places to shop, add more jobs to the midstate and contribute to the local economy. Submissions can be e-mailed to realestate@pnco.com. YTI Career Institute-York ...

Real estate: 2013's commercial property forecast calls for stability - Reno Gazette-Journal

Real estate: 2013's commercial property forecast calls for stabilityReno Gazette-JournalIndustry experts will predict that commercial real estate, which includes office, industrial and retail properties, should continue along the same levels as in 2012 at the Colliers International forecast event today at the Peppermill Resort Casino Spa ...

Irwindale poised to cough up $13 million to county

IRWINDALE - Government agencies that serve the area around Irwindale will get at least $13 million in cash from the tiny city's former redevelopment agency.

Tighten Your Belts! - Commercial Property Executive (blog)

Commercial Property Executive (blog)Tighten Your Belts!Commercial Property Executive (blog)Commercial real estate will remain attractive in 2013, particularly to those investors looking for transparency in their investments, reasonable income-producing returns, a hedge for inflation, and relative safety. Although higher prices have resulted ...and more »

Wells Core REIT Acquires 584 KSF Office Center in Atlanta - Commercial Property Executive

Commercial Property ExecutiveWells Core REIT Acquires 584 KSF Office Center in AtlantaCommercial Property ExecutiveMajors also told Commercial Property Executive that the property sale, which closed Dec. 28, was the third largest office property transaction of 2012. Wells was represented internally by Peter Mitchell, senior vice president, capital markets. "We are ...

DDR Provides Update and Expands Strategic Redevelopment Initiative in Puerto Rico

BEACHWOOD, Ohio, Jan. 16, 2013 /PRNewswire/ -- DDR Corp. (NYSE: DDR) is pleased to announce the successful completion and further expansion of redevelopment activity at four prime assets in Puerto Rico. ...

One of Canada's Leading Shopping Destinations Expands

An $87-million expansion and redevelopment project slated to begin at Vaughan MillsMONTREAL, Jan. 16, 2013 /CNW Telbec/ - IvanhoƩ Cambridge announced today that Vaughan Mills, its shopping centre located ...

Burbank identifies another $11.7 million that could be snagged by redevelopment wind down

Burbank identified roughly $11.7 million this week in funds that are available to turn over to Los Angeles County for distribution to other taxing entities as part of the dissolution of local redevelopment, officials said.

Branstad calls for commercial property tax cut - Iowa City Press Citizen

The RepublicBranstad calls for commercial property tax cutIowa City Press CitizenTerry Branstad unveiled a budget proposal Tuesday that includes plans to substantially cut Iowa's commercial property taxes, a step he contends is necessary to compete with neighboring states. Branstad's roughly $6.5 billion financial plan also limits ...Commercial property tax reduction less than last year's planShreveport TimesBranstad calls for commercial property tax cut, education reformKTIVall 361 news articles »

Essex: Cricket club set for major redevelopment

PLANS for a multi-million pound redevelopment of Essex County Cricket have been agreed.

Stanislaus County returns millions of dollars to state

Stanislaus County officials said they had to return $10 million in former redevelopment funds, after the California Department of Finance decided the money was not restricted or obligated to projects.

Oakland must return redevelopment funds

Oakland must return redevelopment funds State officials have rejected Oakland's plans to spend over $18 million on various redevelopment projects, a decision that will quickly affect city finances. The state Department of Finance says the city cannot use $9.6 million in redevelopment funds to pay for affordable-housing staff, nor can it keep an additional $8.5 million of redevelopment funds in ...

State challenges $24.5 million in Pinole redevelopment asset transfers

PINOLE -- The City Council improperly transferred $24.5 million in redevelopment assets to the city and must turn them over to the redevelopment successor agency, according to a state review.

Cerritos returns $10.1 million of redevelopment money to state

Despite months of dispute by city officials, Cerritos has returned $10.1 million in unused redevelopment money to the state.

San Diego Could Lose $41 Million Next Year Through Redevelopment, Pension Costs

The state will not allow San Diego to spend $4 million in redevelopment money on a permanent homeless shelter. It also nixed a $20 million affordable housing development and nearly $5 billion in additional projects, including cleaning up a downtown site for a potential Chargers stadium.

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