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Investment
Adobe to Buy Boston-Area Office Building Upon Completion
May 15, 2008
In a $44.7 million deal, Adobe Systems Inc. has agreed to purchase Overlook Center in Waltham, Mass., from Normandy Real Estate Partners upon its construction.
WestCorp, Equibase Partner to Pursue M-F Opportunities
May 15, 2008
Equibase Capital Group L.L.C. and WestCorp Management Group have partnered to create a strategic joint venture that will pursue multi-family investment opportunities throughout the United States.
Pair of Dallas Office Buildings Acquired by Newly-Launched Thompson National
May 15, 2008
Less than a month after the launch of Thompson National Properties L.L.C., the firm has acquired two Dallas Class B office buildings as the company’s first acquisition on behalf of the Bruin Fund, a $250 million opportunity fund.
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Development
Corus, Lehman Bros. Make D.C. Loans
May 15, 2008
Corus Bank closed a $72 million loan to MR BP Office #1 L.L.C. to finance the construction of a nine-story Class A office building located at 55 M Street SE in Washington, D.C.
$1B M Vegas Resort to Cater to Thriving Mid-Size Event Market
May 15, 2008
Developers of the planned $1 billion M Resort, Spa & Casino in Las Vegas recently revealed new project details designed to address the city's dearth of conference facilities that accommodate small and mid-sized meetings and events.
Rebuilding Downtown JPMorgan Chase WTC Development Plans in Doubt
May 15, 2008
Has JPMorgan Chase finally backed off on plans to build an office tower at the World Trade Center site in lower Manhattan?
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Leasing
Arent Fox to Relocate D.C. Office
May 15, 2008
Arent Fox L.L.P. has announced that it will relocate its Washington, D.C., office to 1000 Connecticut Ave. upon the expiration of its current lease in 2012.
Quaker Signs 698,000 SF Lease near San Francisco
May 14, 2008
The Buzz Oates Group of Cos. recently negotiated a lease with Quaker Sales and Distribution Inc. for a 698,000-square-foot distribution facility at 1566 North MacArthur in Tracy, Calif, it has reported.
Deal Marks Biggest Lease in Pennsylvania Route 202 Corridor This Year
May 14, 2008
ING North America has just signed a lease with the U.S.-based real estate group of Investcorp for just over 30,700 square feet of space in the 89,900-square-foot office building at 100 Deerfield Lane in Malvern, Pa., just 40 minute from Philadelphia.
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Property Management
Property Management Business in Virginia on Block
May 15, 2008
The U.S. Bankruptcy Court for the Eastern District of Virginia has approved the retention of Keen Consultants, the real estate division of KPMG Corporate Finance L.L.C., to market and sell a property management business and the real estate from which it operates in Fairfax, Va.
Transwestern's Atlanta Office Adds Retail Expertise
May 13, 2008
Transwestern’s Atlanta office has announced that Patrick Arnold and Spencer Bomar have joined the firm to bring a retail brokerage component to Transwestern’s Atlanta operation and expand the company’s overall retail coverage into other Southeastern markets.
Protective Measures
May 09, 2008
The month of March proved to be a test of building owners’ ability to protect themselves against disaster. On March 14, as many as 14 tornadoes touched down in Georgia, including Downtown Atlanta and its surrounding communities.
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Corporate Real Estate
Transwestern's Atlanta Office Adds Retail Expertise
May 13, 2008
Transwestern’s Atlanta office has announced that Patrick Arnold and Spencer Bomar have joined the firm to bring a retail brokerage component to Transwestern’s Atlanta operation and expand the company’s overall retail coverage into other Southeastern markets.
CT Takes Fleetwood HQ
May 09, 2008
Newport Beach, Calif.-based CT Realty Corp. has acquired Citrus Park, a 12-building office and industrial park in Riverside, Calif., from Fleetwood Enterprises Inc.
Corenet CoreNet Panel: Corporate RE Departments Focused on Global Growth, New Workplace Strategies
May 08, 2008
Corporate real estate departments are focused more than ever on supporting corporate expansion into new global markets and transforming workplaces into more collaborative areas to attract talent, according to a panel of top corporate real estate professionals and service providers.
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Technology
Yales Sculpture Yale Building Wins AIA Award
May 15, 2008
Yale University’s new Sculpture Building has been named to the American Institute of Architect's top ten green projects of 2008 list. The building, designed by architects Stephen Kieran and James Timberlake, also earned a platinum LEED certificate.
Green Masonry Preservative Announced
May 14, 2008
Cathedral Stone Products has announced its masonry preservation with no volatile organic compounds-- R-97 Water Repellent.
FNC Automation Ensures HVCC Compliance for Mortgage Lenders
May 09, 2008
FNC's premier analytic product-GAAR (Generally Accepted Appraisal Rules) - can help lenders comply with provisions that will require them to report the results of quality control testing, officials of the mortgage technology company have reported.
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Practicing Green Building in the Commercial Real Estate Industry


Going green is a growing real estate trend. Sustainable design is being implemented to optimize environmental safety and reduce wasteful consumption. CPN's real estate news reports uncover how these strategies are affecting the state of the commercial real estate industry.



Engaging Your Employees Essential
May 09, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Long gone are the days where the executive leadership of a company can remain sequestered in their offices with an internal focus on hard metrics. It is the soft metrics of customer centricity...

The Name Game: Part 3
May 02, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This is the third and final piece in this series on naming. The first column dealt with how to select a naming firm, the second one addressed the components that go into creating...

The Name Game, Part 2
April 25, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This week's column is part two in a three part series on naming. Last week's column contained advice on how to select a naming firm and today I'll address the elements that go...

The Name Game: Part 1
April 18, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The disciplines of branding and corporate identity have long been personal passions of mine, and nothing within this genre holds greater fascination for me than the practice of corporate naming. This column is...

Knowledge Is Power
April 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The ability of an executive to sort out who, what, why, when, where, and how while contemplating how decisions are made will largely determine the qualitative outcome of said eventual decisions. Even though...