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Industrial

Industrial-Space Showdown

April 11, 2012

Two real estate powerhouses are angling for control of a massive industrial portfolio hoping to capitalize on an expected economic recovery.

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CapLease Receives 1M-SF Nestlé Renewal

March 27, 2012

Costar… CapLease, Inc. (NYSE: LSE) executed a lease renewal with Nestlé Holdings, Inc. for its 1,045,153-square-foot industrial property at 555 Nestle Way in Macungie, PA. The lease will commence on January 1, 2013 for a term of five years. Contract rent is $4.40 per square foot, increasing 3% per annum. Nestlé’s distribution building was constructed in 1994 on 86 acres in the Lehigh Valley Industrial submarket of Philadelphia. CapLease… Read more: CapLease Receives 1M-SF Nestl

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In The Pipeline: CoStar Development & Construction News for March 25 – 31

March 27, 2012

Costar… In The Pipeline is a column on significant acquisitions of commercial land for sale , and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project — and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. Architects Report Higher Billings For 4th Straight Month The Link: In The Pipeline: CoStar Development & Construction News for March 25 – 31 Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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CoStar’s People of Note (March 18-24)

March 23, 2012

Costar… This week’s People of Note includes the following markets: Charlotte, Chicago, Dallas/Fort Worth, New York City, Retail, San Francisco and South Florida. DALLAS/FORT WORTH Local Investment Sales Broker Moves to Cushman & Wakefield By CoStar Research Scot Farber joined Cushman & Wakefield in Dallas where he will focus on the sale of office and industrial properties as part of the firm’s investment sales group. Farber, Read more from the original source: CoStar’s People of Note (March 18-24) Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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3PL Global Inks 270,764-SF Deal in Carson

March 20, 2012

Costar… In one of the largest industrial deals during the first quarter, 3PL Global LLC signed a 270,764-square-foot full-building lease at 2211 E. Carson St. in Carson, CA, in the ProLogis South Bay Distribution Center. ProLogis developed the LEED Silver spec project known as Building 5 last year. It is on 12.4 acres about 20 miles south of downtown Los Angeles. The third-party logistics provider is currently headquartered at Airport Corporate Center… View original post here: 3PL Global Inks 270,764-SF Deal in Carson Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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Plenty of Recession Damage Still Left To Undo

March 15, 2012

Costar… The commercial real estate rubble still left over from the Great Recession continues to exact a punishing toll on property values and owners’ and lenders’ books. In this statistical state analysis, CoStar Group has identified 168,580 office, flex, industrial and retail properties in its national property database with a vacancy rate of 60% or more. The number of properties by type at this level of vacancy distress is as follows: Retail: 67,525… Go here to see the original: Plenty of Recession Damage Still Left To Undo Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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BAM Backs Perot With $400M Joint Venture Targeting Industrial Real Estate Investment

March 14, 2012

Costar… Brookfield Asset Management (NYSE: BAM) formed a joint venture with Hillwood, the Dallas-based real estate investment and development firm owned by Ross Perot, Jr., to acquire, develop and manage industrial property across the U.S. Backed by an equity commitment of $400 million, the venture could deploy up to $1 billion buying up industrial property within three years, principally large warehouses. Hillwood will be tasked with selecting suitable… Read this article: BAM Backs Perot With $400M Joint Venture Targeting Industrial Real Estate Investment Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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In The Pipeline: CoStar Development & Construction News for March 4 – 11

March 6, 2012

Costar… In The Pipeline is a column on significant acquisitions of commercial land for sale , and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project — and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. Old Wholey’s ‘Fish’ Building Slated For Conversion to Office… Follow this link: In The Pipeline: CoStar Development & Construction News for March 4 – 11 Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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Axis Global Islamic REIT Delays Malaysian IPO

August 17, 2011

Shariah-compliant industrial real-estate investment trust Axis Global Islamic REIT has delayed its initial share sale aimed at raising up to $650 million on the Malaysian stock exchange due to adverse market conditions.

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Bank of America redefines ARMS LENGTH to include DUAL … — Industry …

June 5, 2011

Now I know what you are thinking, Bank of America cannot possibly be that stupid or that insane? This would be a blatant disregard for real estate law. I would tend to agree with you, I suspect that this is. … Commercial Real Estate & Multi-Family Loans – Both Debt & Equity – California & Nationwide. Retail – Office – Industrial – Hotels – Multi-Family – Student Housing – Single Tenant SBA Loans. Distressed REO Properties – Whole Loans …

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Loaning Mortgage – Tips on how to Acquire Money | | Face Body …

June 4, 2011

There are a variety of families of loaning lending options. There are the industrial lending options, personal loans , real estate lending options, individual to individual lending options, and so forth. … More: Loaning Mortgage – Tips on how to Acquire Money | | Face Body …

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The benefits of Hiring A Commercial Home loan Broker | Audiogoldrush

June 3, 2011

The benefits of Hiring A Commercial Home loan Broker. Written by admin on 03 June 2011. In regards to real estate property or residence issues, people generally would like to do it on their own only simply because they feel that it is their very own … Other than giving you advice, these brokers also allow you to obtain loans which can fulfill your personal monetary requirements. A industrial mortgage loan broker could be of significantly support in getting you a loan … See the original post: The benefits of Hiring A Commercial Home loan Broker | Audiogoldrush

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The Informatioin Needed For Hard Money Lenders And The Things They …

June 3, 2011

Property investors sometimes get hold of hard money loans to buy industrial real estate or investment houses. With doing this they're now able to purchase a property at low costs, remodel to a good standard and then sell them on for a … Read More: The Informatioin Needed For Hard Money Lenders And The Things They …

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Xenith Bank to buy Paragon branch | Richmond BizSense

June 2, 2011

Xenith will get primarily commercial and industrial loans , owner-occupied real estate and commercial real estate loans . It had the ability to pick the loans that it wanted from Paragon's books. … Link: Xenith Bank to buy Paragon branch | Richmond BizSense

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Investors Jump Back Into Rebounding Hotel Market — Industry Partners

June 2, 2011

Commercial Real Estate & Multi-Family Loans – Both Debt & Equity – California & Nationwide. Retail – Office – Industrial – Hotels – Multi-Family – Student Housing – Single Tenant SBA Loans . Distressed REO Properties – Whole Loans … See the original article here: Investors Jump Back Into Rebounding Hotel Market — Industry Partners

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Restaurant Industry Outlook Remains Positive — Industry Partners

June 2, 2011

Commercial Real Estate & Multi-Family Loans – Both Debt & Equity – California & Nationwide. Retail – Office – Industrial – Hotels – Multi-Family – Student Housing – Single Tenant SBA Loans . Distressed REO Properties – Whole Loans … Visit site: Restaurant Industry Outlook Remains Positive — Industry Partners

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Morgans Hotel Group Sells Two for $140M — Industry Partners

June 1, 2011

Commercial Real Estate & Multi-Family Loans – Both Debt & Equity – California & Nationwide. Retail – Office – Industrial – Hotels – Multi-Family – Student Housing – Single Tenant SBA Loans . Distressed REO Properties – Whole Loans … More: Morgans Hotel Group Sells Two for $140M — Industry Partners

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Rising Demand, Shrinking Supply Begins to Stabilize Warehouse Rents

May 5, 2011

Costar… The leasing market for U.S. industrial real estate continues to show improvement but is not yet on fire. Rent declines are decelerating as consumer spending picks up, available warehouse and distribution space is absorbed, and companies emerge from the recession in growth mode. That’s the consensus of CoStar analysts, corroborated by recent reports from executives at the world’s two largest warehouse and distribution operators, ProLogis (NYSE: PLD)… Here is the original post: Rising Demand, Shrinking Supply Begins to Stabilize Warehouse Rents Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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Stem Cells From Own Eyes Restore Vision to Blinded Patients, Study Shows

February 26, 2011

By Rob Waters June 18 (Bloomberg) — Patients blinded in one or both eyes by chemical burns regained their vision after healthy stem cells were extracted from their eyes and reimplanted, according to a report by Italian researchers at a scientific meeting. The tissue was drawn from the limbus , an area at the junction of the cornea and white part of the eye. It was grown on a fibrous tissue, then layered onto the damaged eyes. The cells grew into healthy corneal tissue, transforming disfigured, opaque eyes into functioning ones with normal appearance and color, said researchers led by Graziella Pellegrini of the University of Modena’s Center for Regenerative Medicine. The stem-cell treatment restored sight to more than three- quarters of the 112 patients treated, Pellegrini said yesterday in a presentation at the International Society for Stem Cell Research meeting. The patients were followed for an average of three years and some for as long as a decade, Pellegrini said. “The patients, they are happy, even the partial successes,” she said in an interview at the meeting in San Francisco. “We have a couple of patients who were blind in both eyes. Can you imagine for these patients the change in their quality of life?” The work was praised by Ivan Schwab , an ophthalmology professor and stem cell researcher at the University of California, Davis, who has treated patients in clinical trials with a procedure based on Pellegrini’s work. While his patients improved for a time, the benefits didn’t endure, he said in a June 15 telephone interview. Pellegrini’s patients appear to have long-term improvement, he said. ‘Long-Term’ Effect “The powerful part of her work is she has such long-term follow-up,” Schwab said. Many of the patients she treated had been blind for years as result of tissue and blood vessels growing over damaged parts of the eye. Some had been through failed surgeries and alternative treatments. Pellegrini estimated 1,000 to 2,000 patients in Europe suffer from burns with chemicals such as bleach or industrial solvents and may benefit from the procedure. The key to success is to be certain that when the stem cells extracted from the limbus are grown in culture they have the right mix of stem cells and the differentiated cells that form the corneal tissue, Pellegrini said. If there are too few stem cells in the transplant, the improvement won’t last because there will be no reservoir to form the new corneal cells needed with the normal recycling of cells over time, she said. Success Rate The procedure succeeded after a single transplant in 69 percent of cases. A second procedure was performed on some patients, boosting the success rate to 77 percent, she said. The procedure was deemed a partial success in 13 percent of cases and a failure in 10 percent, she said. Depending on the depth of the injury, some patients regained sight in as little as two months, Pellegrini said. Others with deeper injuries needed a second procedure and waited a year before sight was restored, she said. The applications of the work may extend to other organs, Schwab said. “This is bigger than just the surface of the eye,” he said. “She may be making a model for how to regenerate livers or other organs.” To contact the reporter on this story: Rob Waters in San Francisco at rwaters5@bloomberg.net .

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Yuan Unshackled May Strengthen China’s Shift to Domestic Demand for Growth

February 16, 2011

By Bloomberg News June 21 (Bloomberg) — China’s signal of an end to the yuan’s fixed rate to the dollar may accelerate a shift toward domestic demand as the prime driver of growth as President Hu Jintao seeks to strengthen household incomes. The People’s Bank of China two day ago indicated it’s abandoning the 6.83 yuan peg to the dollar adopted during the global crisis to shield exporters. The central bank said while there’s no basis for “large scale” moves in the currency, the exchange rate will be allowed increased “flexibility.” A stronger yuan will boost the purchasing power of China’s households that have helped propel imports to a record level , and companies from Orient Paper Inc

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