Tuesday, November 20, 2012

Multifamily Angst? Home Builder Expectations Reach New Heights




National





Multifamily Angst? Home Builder Expectations Reach New Heights



WASHINGTON, DC-Builder confidence rose five points in November, reaching the highest point since May 2006.









California





CBRE Acquires London Agency



LOS ANGELES-Independent real estate firm EA Shaw becomes part of CBRE Group Inc.'s Central London business.









Renovating Existing Property, Key to Outsized Returns



SAN FRANCISCO-Marcus & Millichap exclusively tells GlobeSt.com that the apartment market here is one of the strongest in the nation and that changes to existing properties can have a significant impact on asking rents and returns.









Cassidy Turley Negotiates New Leases at 10 Almaden



SAN JOSE, CA-Cassidy Turley has negotiated three new leases at 10 Almaden in San Jose on behalf of owner Equity Office.









Kennedy-Wilson Pays $48M for North Hollywood Office Building



LOS ANGELES-Kennedy-Wilson Holdings Inc. has bought Academy Tower, a 175,012-square-foot office complex in North Hollywood.









EVOQ Properties Sells Two Los Angeles Industrial Buildings



LOS ANGELES-EVOQ Properties Inc., formerly known as Meruelo Maddux Properties, Inc., has sold two industrial facilities in Los Angeles.









DCT Industrial Trust Acquires 563,000-SF Portfolio



LOS ANGELES-DCT Industrial Trust Inc., a Denver-based REIT, has completed the purchase of a four-building industrial portfolio totaling 563,000 square feet in Los Angeles and Chicago.






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