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Monthly Archives: May 2015

Law Firm Signs Major Lease at 1601 Wewatta

Hogan Lovells LLP signed a 15-year lease for 70,000 square feet at 1601 Wewatta Street, the new 10-story, 300,000-square-foot office building nearing completion in the Union Station part of Lower Downtown (LoDo) Denver.

The lease, which will commence in 2016, includes the top two-and-a-half floors of the building being developed by a Hines-led joint venture that includes Denver-based Jordon Perlmutter & Co. and the financial backing of institutional…

CoStar’s People of Note (May 24 – 30)

It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Orange County, Los Angeles, New York City, Chicago, Washington DC, S…

Retailers Struggle To Find Balance Between Expanding Online or Opening More Stores

Despite upbeat sales projections from retailers, strong consumer-confidence levels and a host of other positive-trending economic indicators, retailers are still struggling to find the best approach to funding growth in the new U.S. retail marketplace.

According to BDO USA’s ninth annual analysis of risk factors cited by the 100 largest U.S. retailers in their most recent annual report filings, concerns over how best to spend on growth initiatives…

Property Owners Reporting Strong 2014 NOI Gains

Commercial real estate owners posted strong net operating income (NOI) growth last year. For the properties reporting year-end 2014 financials, NOI grew by 2.8% on average, compared to growth of 2.64% in 2013, according to Wells Fargo Securities.

We…

Q&A: California’s Dire Need for Water, Playing into Burl East’s CRE Investment Strategy

Earlier this month, California regulators approved unprecedented water cutbacks for the state’s residents and imposed water restrictions on farmland as it tries to deal with the state’s worst drought in more than a century.

San Diego-based Burl East, CEO of American Assets Capital Advisers (AACA), is directly impacted by the drought and the cutbacks as a resident, business owner and as a major investor in one of the state’s largest landowners (Cadiz…

Top Apt. Developer Wood Partners On the Market?

Seeking to capitalize on the continued strong apartment expansion, the controlling investor in Wood Partners LLC, one of the nation’s largest and most active apartment developers, has reportedly hired a broker to shop the firm to potential buyers.

T…

Top Apt. Developer Wood Partners On the Market?

Seeking to capitalize on the continued strong apartment expansion, the controlling investor in Wood Partners LLC, one of the nation’s largest and most active apartment developers, has reportedly hired a broker to shop the firm to potential buyers.

T…

Top Apt. Developer Wood Partners On the Market?

Seeking to capitalize on the continued strong apartment expansion, the controlling investor in Wood Partners LLC, one of the nation’s largest and most active apartment developers, has reportedly hired a broker to shop the firm to potential buyers.

T…

Top Apt. Developer Wood Partners On the Market?

Seeking to capitalize on the continued strong apartment expansion, the controlling investor in Wood Partners LLC, one of the nation’s largest and most active apartment developers, has reportedly hired a broker to shop the firm to potential buyers.

T…

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