Latest EDGE News

CBRE President Robert Sulentic To Succeed Retiring CEO Brett White

May 09, 2012

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Brett White will retire as chief executive of CBRE Group, Inc. (NYSE:CBG) at the end of the year, capping a remarkable run in which he rose through the ranks from a sales trainee in 1984 to head the largest commercial real estate service company in the world. White, 52, will be succee

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HOA Management Companies: A Resource for Creating a Better Community

May 09, 2012

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It is essential to complete thorough research, lie out guidelines, and have extensive knowledge about HOA management companies before selecting a provider. While many high quality professionals exist, there are always a few bad apples in the mix. An association should be careful as to

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Office Loans Jacking Up CMBS Defaults

May 08, 2012

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The CMBS cumulative default rate for fixed-rate deals increased to 12.96% in the first quarter, a 25 basis point rise from year-end 2011, according to Fitch Ratings. Newly defaulted loans in the first quarter totaled $ 1.7 billion (155 loans). And that pace accelerated in April, accor

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In The Pipeline: CoStar Development & Construction News for May 6 – 12

May 08, 2012

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In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project —

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Wall Street falls on Europe, but late buying trims losses

May 08, 2012

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NEW YORK (Reuters) – Stocks ended lower on Tuesday after political developments in Greece fanned concerns about Europe’s fiscal health, but a late rally helped indexes cut losses to close well above lows. Stocks spent most of the session sharply lower, with selling followi

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Do You Know Why Hoover Alabama Is A Great City To Live In?

May 08, 2012

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When you are considering moving to a new neighborhood, you will find that one of the best places you can go to is Hoover, Alabama. In the past few years, turbulent economic times have forced people to sell their houses in order to get cheaper ones so that they can be able to pay their

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Getty Realty Repossesses 788 Properties

May 07, 2012

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In its ongoing tug-of-war with its former corporate parent, Getty Realty Corp. has repossessed a portfolio of 788 gas stations in the Northeast U.S. following a Bankruptcy Court order rejecting a master lease agreement with Getty Petroleum Marketing Inc. “We are pleased to be ab

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Market Trend: South Florida’s Industrial Vacancy Decreases to 8.3%

May 07, 2012

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The South Florida Industrial market ended the first quarter 2012 with a vacancy rate of 8.3%. The vacancy rate was down over the previous quarter, with net absorption totaling positive 1,120,941 square feet in the first quarter. Vacant sublease space decreased in the quarter, ending t

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Year 2020: Corporate Workplaces, Property Portfolios Undergoing Radical Shifts

May 06, 2012

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Within the next eight years, companies expect to deploy sophisticated data platforms and revamp facilities to support a new generation of tech-savvy employees who will make full use of the virtual office and other alternative workplace strategies. These and other business imperatives

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