Wednesday, November 28, 2012

Porsche Breaks Ground On North American HQ

National Commercial Real Estate News From CoStar Group

Porsche Breaks Ground On North American HQ

Porsche Cars North America broke ground on the automaker's 26.4-acre North American headquarters at Aerotropolis Atlanta, the redeveloped former Ford Motor Co. assembly plant in Hapeville, GA.

Georgia Gov. Nathan Deal, Porsche President and Chief Executive Officer Detlev von Platen and other officials attended a groundbreaking for the plant first reported by CoStar when it was first announced in May 2011. The plant that will employ 400 workers...

Live From REITWorld: Pace of Mergers and IPOs Likely to Accelerate in 2013

For all the election season bickering over the pace of the economic recovery during the last four years, this year’s gathering of REIT executives was a decidedly happier and more agreeable place than in 2008 when the REIT industry trade show last met in San Diego.

Back then, attendees were agonizing over whether real estate investment trusts could even survive, let alone thrive, amid the frozen credit flows, plunging stock prices and near collapse...

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