Lexington Realty Trust Announces Acquisition of Build-to-Suit Investment in Huntington, WV – Sacramento Bee

Posted on January 27, 2012 by admin

WV for a capitalized cost of approximately $ 12.6 million (9.4% initial cap rate).  Another subsidiary of Lexington provided construction financing for the construction of the facility. (Logo:  http://photos.prnewswire.com/prnh/20070205 …
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California investment firm spurns Seattle area for rural Clark County; where drivers are coming from; warm economic outlook on a snowy day – Seattle Times

Posted on January 26, 2012 by admin

Commercial tenants, taking a page from Starbucks, are asking for sharp rent reductions, Lyon said. The pressures could bring changes to downtown Seattle’s retail landscape, he said. Levi’s Original store at 1500 Sixth Ave. is closing for good Sunday.
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3 Hazleton Housing Authority building lobbies to get upgrades – Standard Speaker

Posted on January 25, 2012 by admin

Lobbies of three high-rise apartment buildings of the Hazleton Housing Authority will take on a new look. The authority’s board on Wednesday tentatively approved more than $ 66,000 worth of renovations for new flooring, paint, moldings and …
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Financial expert’s predictions for the coming 12 months – WalesOnline

Posted on January 25, 2012 by admin

Those retailers that survive will be in the driving seat as they force rent reductions and more flexible lease terms. Even then, the growth in online sales will mean that most mature, non-food retailers will be net reducers of space – sub-optimal stores …
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€160,000 so far to store 240 machines in Wexford warehouse – Enniscorthy Guardian

Posted on January 24, 2012 by admin

Ms Garahy said she secured further rent reductions for 2011 and 2012, though the government is hoping all the machines will have been taken off their hands by the end of this year.
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Trout Hall: Beauty and History – Examiner

Posted on January 23, 2012 by admin

Located at the intersection of Fourth and Walnut streets in the city is Trout Hall. Amongst the more modern Federal style homes and apartment buildings, it stands out as Allentown’s oldest home. It has remarkable beauty to it both inside and out.
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CityRealty Announces Top 10 Inspiring Manhattan Apartment Buildings – YAHOO!

Posted on January 22, 2012 by admin

CityRealty, a leading New York City apartment search and resource site, today announced its list of Top 10 Inspiring Manhattan Apartment Buildings. New York, NY (PRWEB) January 18, 2012 CityRealty, a leading New York City apartment search and resource site …
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Irvine apartment rents up $155 a month – Orange County Register

Posted on January 21, 2012 by admin

In Santa Ana, the average big-complex apartment dweller saw rent increase by $ 129 a month, up 10.1 percent. Of the 23 cities in the RealFacts survey, all but two had annual rent hikes. Rent was down $ 31 a month on average in Cypress, a 2.3 …
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Hotplate caused fatal Saskatoon fire – Regina Leader-Post

Posted on January 21, 2012 by admin

Shepherdson. The fourplex fire displaced 10 other people, including Grover, who was living in one of the units. Paulsen said SaskPower workers inspected the state of the fourplex’s electrical system, and found three of the four smoke detectors installed …
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Five Questions: CBRE’s Matt Bukhshtaber sees strong apartment market – St. Louis Post-Dispatch

Posted on January 20, 2012 by admin

So, they’re bargain hunting in St. Louis. Apartment prices are judged by “cap rates.” A cap rate is the property’s net operating income, divided by the sale price. It’s basically the percentage return an investor expects from the property. The higher the …
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