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COLTON, CALIF. — Ashley Furniture Industries Inc. has acquired two industrial buildings in Colton. The transaction consisted of a 312,000-square-foot building and a 127,000-square-foot facility situated on 19.3 acres in the Cooley Ranch Industrial Park.
“This ... -Full Story-
SAN RAMON, CALIF. — Bank of the West has signed a lease for 240,000 square feet of office space at Sunset Development Co.’s Bishop Ranch, a 585-acre business park in San Ramon. The San Francisco-based bank will consolidate its East Bay offices into Bishop Ranch 7, a three-st... -Full Story-
WASHINGTON, D.C. — Washington-based Opus East and Phoenix-based Opus West are preparing for liquidation and reorganization under Chapter 7 and Chapter 11 bankruptcy filings, respectively. Opus East has already filed a petition, and Opus West is expected to enter into bankruptcy in... -Full Story-
ARLINGTON, VA. — Washington, D.C.-based MRP Realty and New York City-based Angelo, Gordon & Co. have purchased the 212,000-square-foot Hartford Building from Multi-Employer Property Trust, which was advised by Kennedy Associates Real Estate Counsel. The purchase price of the n... -Full Story-
WEST HOLLYWOOD, CALIF. — The city of West Hollywood has broken ground on its 25th Anniversary Capital Improvement Project. The $125 million project includes the development of three LEED-certified facilities and the expansion of the city’s open space.
The fir... -Full Story-
Medical office remains steady as need increases. Alan Blinder
While many sectors of real estate are seeing low occupancy and suppressed investment sales rates, medical office buildings have remained a relatively safe bet in the co...
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Standard lease provisions can create challenges. Andy Dow and Allan Katz
During the past couple of decades healthcare real estate has evolved into a major real estate asset class separate and distinct from the traditional real estate asset c...
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Is it enough to spark commercial lending? William Hughes
The current recession, which began in December 2007, is one of the longest and deepest in recent memory. Since the start of the downturn, 5 million Americans have lost ...
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Helping consumers find what they are looking for. Bruce Katz
We all know about the success of value-oriented retailers — particularly discounters — during the past holiday season and into this year. Wal-Mart has...
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Architects look to wood for sustainable projects. Patrick Schleisman
While the high cost of steel is motivating some design and building professionals to consider wood for their non-residential projects, many are also choosing wood...
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