JLL: Trophy Buildings Boosting Rents Citywide

National Real Estate Investor
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Archstone Acquires Palmetto Promenade Site for $20.1M

Archstone New Development Holdings acquired the 5.78-acre Archstone Palmetto Promenade site in Boca Raton, Florida from Fifth Third Bank for $ 20.125 million, or about $ 3.5 million per acre. The 18-parcel site fronts E. Palmetto Park Road and spans NE 3rd and 4th Avenues. The site wa
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Wall Street stumbles on weak jobs data

NEW YORK (Reuters) – Stocks fell more than 1 percent on Monday after a much weaker-than-expected report on March U.S. job creation last week. The S&P 500, down four sessions running, hit a more than three-week low but was expected to hold above its 50-day average, now near
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Carter’s Leases 1 Million SF in Atlanta Suburb

Carter’s Inc., an Atlanta, GA-based children’s apparel manufacturer, leased the entire 1.06 million-square-foot distribution property at 625 Braselton Parkway in Braselton for 138 months. The firm will consolidate and use the facility for its e-commerce operations. “
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12 Questions With Cushman & Wakefield CEO Glenn Rufrano

Recent momentous changes have roiled the competitive landscape in commercial real estate even as the economy recovers in fits and starts from a recession that had a devastating impact on commercial property values. Witness CBRE’s blockbuster acquisition of ING’s real estate inve
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CoStar’s People of Note (April 1-7)

This week’s People of Note includes the following markets: Atlanta, Los Angeles, New York City and Sacramento. ATLANTA JLL Taps Gastineau as Managing Director By Finerve Holder Jones Lang LaSalle promoted Shan Gastineau to managing director in Atlanta. Previously a senior vice p
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Why Investing In Rental Property Makes A Lot Of Sense

In the past, the American Dream is to save enough money that would go towards for the down payment for a home. After making the down payment, there lies the problem of paying off for the whole purchase price of the property over time. Times have changed though and the common dream for
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Riviera Point Breaks Ground on Office Center

Riviera Point Holdings LLC broke ground on the Professional Center at Riviera Point, a 70,000-square-foot office complex in Miramar, FL. Located at the intersection of University Drive and the Florida Turnpike, the four-acre site will be comprised of two four-story office buildings. T
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J. Adam Rothstein to Lead ICSC in Michigan

J. Adam Rothstein’s appointment as state director for ICSC leads a roundup of personnel news and announcements. National Real Estate Investor
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Why Detailed Property Management Report Is Important

If you are like many rental property investors, you might be working with a property manager. While there are several reasons why it makes more sense to operate your own business personally, not all landlords have the time and the knowledge to help them be on top of every issue with t
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