Sale Leasebacks: How to Get Deals Done

National Real Estate Investor
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Nasdaq cuts losses, briefly turns positive (Reuters)

Reuters – The Dow and the S&P 500 fell on Thursday, but the Nasdaq composite index cut its losses to briefly turn positive in midday trading. Yahoo! News: Business News
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Stock index futures signal weaker open (Reuters)

Reuters – Stock index futures pointed to a slightly lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.26 percent, Dow Jones futures down 0.14 percent and Nasdaq 100 futures down 0.22 percent at 0740 GMT. Yahoo! News: Business News
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Punishing China no boon for U.S. manufacturing jobs (Reuters)

Reuters – For every Apple iPad sold in the United States, the U.S. trade deficit with China increases by about $ 275. Yahoo! News: Business News
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How Uncertainty Clouds Hotel Buy/Sell Decisions

Trophy properties have been snapped up by REITs traded at historically low cap rates, but in the last month many REITs have shuttered their acquisition activities. National Real Estate Investor
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Seefried Sells 693,938-SF Industrial Portfolio to Duke

Seefried Properties Inc. sold three industrial properties to Duke Realty Corp. for $ 51.8 million or $ 75 per square foot. The portfolio totals 693,938 square feet of space in Fort Worth, TX, and suburban Chicago, IL. The bulk warehouse buildings delivered between 2004 and 2008 and ar
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Florida Fine Cars Acquires Former Maroone Dodge Dealership

Florida Fine Cars acquired the former Maroone Dodge dealership at 21151 NW 2nd Ave. in Miami, FL from Maroone Dodge LLC for $ 5.25 million, or about $ 88 per square foot. The property is situated on 9.4 acres and consists of a two-building automobile dealership facility totaling 59,39
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Real Money: Lenders Letting REITs Play the Accordion

Equity One Inc. in North Miami Beach closed a $ 575 million unsecured revolving credit facility that replaces its existing $ 400 million facility. The new facility, which has a 4-year term with a 1-year extension option, can be upsized to $ 800 million through an accordion feature. Bo
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Lease Up: Tire Makers Keep South Carolina Rolling

South Carolina has won its third major tire company expansion in two months. Continental Tire the Americas plans to build a new tire manufacturing plant in Sumter County to meet growing demand from both the retail level and automotive manufacturers. The $ 500 million investment is exp
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Merkel, Sarkozy meet to tackle differences over euro crisis (Reuters)

Reuters – German Chancellor Angela Merkel will thrash out differences with French President Nicolas Sarkozy Sunday over how to use the euro zone’s financial firepower to counter a sovereign debt crisis threatening the global economy. Yahoo! News: Business News
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