Here is the latest commercial real estate news from the Wall Street Journal:


Wall Street Journal Commercial Real Estate News:
 
Showdown in Stamford for Developer Rosen
2/21/2012 7:25 PM
Developer Aby Rosen, who has been fighting headwinds to shore up his highly leveraged U.S. office buildings, faces a new threat, this one to his firm's large portfolio in Stamford, Conn...Read More
 
Texas's Hines to Double Down in London
2/21/2012 7:16 PM
Hines, one of the world's largest real-estate groups in terms of assets, is preparing to spend $1.6 billion on buildings in the U.K., doubling its assets in the country in an effort to diversify away from riskier acquisitions...Read More
 
'Avatar' Blues for Builder
2/21/2012 8:12 PM
Development company Avatar Holdings has to change its name because of confusion with the popular "Avatar" movie...Read More
 
Grubb & Ellis Seeks Quick Sale
2/21/2012 7:13 PM
Commercial real-estate firm Grubb & Ellis Co. filed for Chapter 11 bankruptcy protection, requesting an expedited sale as it faces $30 million in debt that matures on March 1 and insufficient cash to make it through the first quarter...Read More
 
Amazon Acquires Blocks in Seattle
2/17/2012 7:26 PM
Amazon is buying property in central Seattle with plans to construct about 3 million square feet of office space, a move that could have the company owning its headquarters for the first time amid big expansion...Read More
 
Mission West Hangs 'For Sale' Sign
2/14/2012 8:43 PM
The leading office landlord in California's Silicon Valley, Mission West Properties Inc., is preparing to sell itself to the highest bidder. But the selling price is likely to fall short of the $1.8 billion the company nearly fetched five years ago...Read More
 
Apollo Has Difficulty Landing Real-Estate Funds
2/14/2012 8:21 PM
Private-equity firm Apollo Global Management has raised only about $385 million for a real-estate fund, well short of its goal...Read More
 
Ex-Banker Caught Up in Debt Brawl
2/14/2012 10:12 PM
A lawsuit provides a glimpse of the role being played by bankers-turned-consultants in the growing number of fights breaking out in the commercial real-estate industry...Read More
 
Empire State Building Owner Plans IPO
2/14/2012 9:55 AM
The company that runs Manhattan's Empire State Building is planning an initial public offering that could raise as much as $1 billion...Read More
 
It's Hardly a Ball for 11 Times Square
2/8/2012 12:36 PM
The risks of speculative office building are obvious at the 11 Times Square skyscraper. More than a year after it opened, the 1.1 million square-foot building is about 60% empty and unleased....Read More




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