Latest EDGE News

Builder Confidence Index Remains Flat in August, Despite U.S. Market Uncertainty

August 16, 2011

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David Crowe Based on the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for August, builder confidence in the market for newly built, single-family homes held unchanged at a low level of 15. “Builders continue to confront the same major chall

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Inland Acquires White Oak Crossing for $95M

August 16, 2011

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Inland American Real Estate Trust Inc. purchased 549,000 square feet at White Oak Crossing Shopping Center in Garner, NC, from local developer Collett & Associates for $ 95 million, or about $ 173 per square foot. The deal includes retail buildings at 1219-1229 E. Timber Drive, 2

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AON Renews 38,000 SF at Brickell Bay Office Tower

August 16, 2011

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Global risk management and insurance giant AON Group has signed a 38,000-square-foot renewal deal at Brickell Bay Office Tower at 1001 Brickell Bay Dr. in Miami, FL in what is the largest office lease signed in the submarket this year. The firm will retain building-top signage rights

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Rising Prices Signal Gains In Commercial Real Estate Demand at Mid-Year Ahead of Latest Market Jolts

August 16, 2011

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In an analysis of commercial real estate sales completed through June of this year, investors showed a sharpened appetite for commercial property, with increasing demand pushing prices up in the second quarter, according to the latest release of the CoStar Commercial Repeat Sale Indic

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Merkel, Sarkozy propose eurozone government (AP)

August 16, 2011

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AP – The leaders of France and Germany called Tuesday for greater economic discipline and unity among European nations but declined to take the expensive financial measures seen by many investors as the only way to halt the continent’s spiraling debt crisis. Yahoo! News: B

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Sarkozy and Merkel push euro integration (Reuters)

August 16, 2011

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Reuters – The leaders of France and Germany unveiled wide-reaching plans Tuesday for closer euro zone integration, including deficit limits and biannual summits, but said joint euro bonds could only be a longer-term option. Yahoo! News: Business News

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Debt, Downgrade and Double Dip Throw CRE into a New Cycle of Uncertainty

August 16, 2011

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Marty Busekrus, a senior associate investment properties for CB Richard Ellis | Capital Markets in Boca Raton, FL, got a call this past Monday morning from a potential office building buyer as mania struck the stock markets. The buyer, who has been trying to buy an office building fro

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Join CoStar in Supporting the National Building Museum

August 16, 2011

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Did you know our industry has its own museum? It’s called the National Building Museum, and it deserves your support. Each year, the National Building Museum plays a leadership role in advancing the quality of the built environment by educating people about its impact on our liv

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New Housing Starts in U.S. Down 5% in July

August 16, 2011

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According to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), the new residential construction numbers for July 2011 are a mixed bag. Building Permits Privately-owned housing units authorized by building permits in July were at a seasonally adjusted an

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