Latest EDGE News

Fountains At Camino Sold for $16M

March 17, 2012

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

March 16, 2012

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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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Hyatt to Open Hyatt Regency Moscow

March 16, 2012

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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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BOMA Miami-Dade Names 2011-2012 TOBY Award Winners

March 15, 2012

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

March 15, 2012

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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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Plenty of Recession Damage Still Left To Undo

March 15, 2012

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The commercial real estate rubble still left over from the Great Recession continues to exact a punishing toll on property values and owners’ and lenders’ books. In this statistical state analysis, CoStar Group has identified 168,580 office, flex, industrial and retail pro

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Commercial or Retail Property Managers – Risk Management Strategies and Tips

March 14, 2012

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In this commercial and retail property market, it is important that you manage risk and the various factors that can apply to each and every landlord. Risk can create instability in rental, tenancy mix, and vacancy profiles. Here are some ideas to help the risk management process. Rea

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Digital Realty Trust Pays $123M for Dallas Office Park

March 14, 2012

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Digital Realty Trust Inc. (NYSE: DLR) picked up 819,000 square feet at an operating data center and office campus in Lewisville, TX, for $ 123 million or $ 129 per square foot. Brookfield Real Estate Opportunity Fund I sold Convergence Office Center, which is about 40 minutes north of

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Lonardo Joins Sperry Van Ness

March 13, 2012

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John C. Lonardo, CCIM has joined the Sperry Van Ness office located in Miami, FL as a senior advisor. A 28 year veteran of the South Florida real estate market with a bachelor’s degree from Ohio University and a CCIM designee, John has spent the last 10 years in the highly compe

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