News | EDGE Asset Management

G4S Government Solutions, formerly known as Wackenhut Services, renewed its lease of 28,692 square feet in the Fairway Office Center at 7121 Fairway Dr. in Palm Beach Gardens, FL. Fairway Office Center is a three-building complex totaling 224,000 square feet of office space constructe

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March 19, 2012

by Oriah

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29000, Fairway, government, Office, Renews, Solutions

NEW YORK (Reuters) – Investors are beginning to wonder if this Energizer Bunny of a rally can just keep going without taking a break or a fall. Every Friday for the past couple of months, the question has hung in the back of investors’ minds: Is the stock market’s ra

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March 18, 2012

by Oriah

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Again, Coming, correction, Stocks

Marcus & Millichap named Keith Kite as its new hospitality investment specialist in the Orlando and Vero Beach markets. His responsibilities will include closing investment deals and selling hospitality properties. Prior to joining Marcus & Millichap, Kite served as managing

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March 18, 2012

by Oriah

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Joins, Kite, Marcus, Millichap

Advenir acquired The Colony Club Luxury Apartments at 7132 Colony Club Dr. in Lake Worth, FL from The Holiday Organization, Inc. for $ 26.65 million, or about $ 125 per square foot. The three-story 237,340-square-foot, Class A apartment building was built in 2003 and is located in the

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March 18, 2012

by Oriah

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$26.7M, Apartments, Club, Colony, Luxury, Trade

This week’s People of Note includes the following markets: Chicago, Los Angeles, New York City and South Florida. NEW YORK CITY Horowitz Promoted to EVP at Studley By CoStar Research Longtime Studley broker Daniel O. Horowitz was recently promoted to executive vice president. Co

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March 17, 2012

by Oriah

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1117, CoStar's, March, Note, People

Capmark Financial Group, Inc. sold the Fountains at Camino, a seven-building, mixed-use office and retail portfolio, to The Triad Group for $ 16 million, or about $ 88 per square foot. The park is located at 7000-7700 West Camino Real in Boca Raton, FL and totals 184,575 rentable squa

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March 17, 2012

by Oriah

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$16M, Camino, Fountains, Sold

The health care industry and its real estate providers are literally caught between two eras as the 2012 elections and a key U.S. Supreme Court decision that will determine the future of health-care reform play out against the backdrop of a strengthening, yet far from robust, economic

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March 16, 2012

by Oriah

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Despite, Estate, Good, Healthcare, Investors, Market, Prognosis, Real, Uncertainty

Hyatt Regency Moscow Petrovsky Park, Russia (Moscow, Russia) – Hyatt Hotels Corporation and VTB Arena Park recently announced that a Hyatt affiliate has entered into a management agreement for Hyatt Regency Moscow. The new property, expected to open in 2015, will be part of the

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March 16, 2012

by Oriah

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Hyatt, Moscow, open, Regency

BOMA Miami-Dade has named its 2011-2012 winners for the annual TOBY Awards, recognizing properties that exemplify superior building management practices. The Outstanding Building of the Year (TOBY) Award is the highest mark of excellence for office building management awarded by the B

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March 15, 2012

by Oriah

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20112012, Award, BOMA, MiamiDade, Names, TOBY, Winners

Distressed trading volume has stabilized but continues to remain at elevated levels, increasing by approximately 2% last year over 2010. However, a surge in non-distressed property trading driven by improving economic conditions has begun to mitigate its impact on commercial real esta

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March 15, 2012

by Oriah

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boost, Despite, Distressed, Economy, Elevated, Levels, NonDistressed, Recovering, Remains, Sales, Volume

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G4S Government Solutions Renews 29,000 SF at Fairway Office Ctr

Stocks’ correction coming? Not that again

Kite Joins Marcus & Millichap

Colony Club Luxury Apartments Trade for $26.7M

CoStar’s People of Note (March 11-17)

Fountains At Camino Sold for $16M

Investors See Good Prognosis for Health-Care Real Estate Despite Market Uncertainty

Hyatt to Open Hyatt Regency Moscow

BOMA Miami-Dade Names 2011-2012 TOBY Award Winners

Distressed Sales Volume Remains at Elevated Levels Despite Big Boost in Non-Distressed Sales in Recovering Economy