Latest EDGE News

Eni S.p.A. Signs New 141,171-SF Deal in Houston

January 09, 2012

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Eni S.p.A., a major integrated energy company, signed a 141,171-square-foot lease in Brookfield’s Two Allen Center at 1200 Smith St. in downtown Houston, TX. The tenant will move in November of this year from about 90,000 square feet in Total Plaza, another Brookfield property at 1201

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Flagler Taps Fernandez to Lead New Logistics Practice

January 08, 2012

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Flagler expanded its core development expertise with the addition of Manuel A. Fernandez as the head of its newly launched logistics practice. As executive vice president of logistics operations, Fernandez will oversee the construction of Flagler’s 400-acre intermodal logistics comple

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HOA Management: Expanded Responsibilities Increase the Need for Proper Communication

January 08, 2012

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HOA’s face various questions as they attempt to manage the operations of a community. Management volunteers often have to explain where owner money is going and battle to accommodate numerous requests. If significant changes cannot be seen throughout the community, the credibili

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Vornado Completes $228M Trade of Chicago Property

January 07, 2012

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Merchandise Mart Properties Inc., a subsidiary of Vornado Realty Trust (NYSE: VNO), completed its sale of the Shops at the Mart building park for $ 228 million, or about $ 188 per square foot. Shorenstein Properties LLC made the purchase on behalf of its $ 1.23 billion Shorenstein Rea

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JLL Reaches Goal of 1K Energy & Sustainability Accredited Professionals

January 07, 2012

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Jones Lang LaSalle (NYSE: JLL) finished 2011 with 1,075 professionals accredited with LEED or other energy and sustainability designations, exceeding its publicly stated “Accredit 1K” goal to reach this number by the end of 2012 – one year early. When the goal was co

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REIT Buys Atlanta Data Center for $95 Million

January 06, 2012

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Carter Validus Mission Critical REIT Inc. purchased the Peachtree Data Center in downtown Atlanta, GA, for $ 94.75 million. A private entity listed as 180 Peachtree Retail LLC sold the property to the partnership led by CV REIT and supported by three institutional investors. The trans

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CoStar’s People of Note (Jan. 1-7)

January 06, 2012

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This week’s People of Note includes the following markets: Baltimore, Chicago, Charlotte, East Bay, Kansas City, New York City, Phoenix, Raleigh/Durham, San Francisco, South Bay, South Florida and Washington, DC. CHICAGO Investment Sales Expert Joins CBRE CBRE recruited Paul Lun

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Who Is Living in Your Rental Property?

January 06, 2012

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Real Estate investing can be financially rewarding if done correctly. What does correctly mean you ask? Well, there are many things to consider when deciding to be a landlord such as rental value, handling repairs, rent collections and lease signing. Real-Estate:Property-Management Ar

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Falling Home Prices Making California a Move-To State Again

January 05, 2012

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Texas may be holding on to the Magnet State title, but the Allied Van Lines’ 44th Annual Magnet States Report shows California regaining a strong a position on the inbound list after more than a decade on the outbound. For the seventh year in a row, Texas eclipsed every other st

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