Monthly Archives: January 2011

Weekly Market Insight :: 1.31.2011


Contributions to % Change in GDP Seasonally Adjusted Annual Rate The economy grew at a solid 3.2 percent annualized rate in the fourth quarter according to the advance estimate of gross domestic product from the Bureau of Economic Analysis. GDP … Continue reading

Posted in Atlanta, Weekly Market Insight | Tagged , , , , , , , , , , , , , , , | Leave a comment

Expanding into Healthcare


Grubb & Ellis Co. has landed Todd Perman, the former president and CEO of Atlanta-based medical office real estate firm Healthcare Real Estate Advisors Inc. Perman’s entire team has joined Grubb & Ellis’ Atlanta office. Perman joins as senior vice … Continue reading

Posted in Atlanta | Tagged , , , , , , , , , | Leave a comment

Good News Friday :: 1.28.2011


Over the Hump The leasing markets for office, industrial, retail and apartment properties all began to recover last year. Office vacancy peaked in the second quarter while vacancy rates for the other property types peaked in the first quarter. The … Continue reading

Posted in Atlanta, Good News Friday | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

Industrial Real Estate Sees Modest Recovery


By Joseph Bonney  Industrial property markets are seeing “modest” recovery in line with a gradual strengthening of the economy, real estate investment firm Grubb & Ellis said.   Nationwide vacancy rates for distribution centers and other industrial real estate declined … Continue reading

Posted in Atlanta | Tagged , , , , , , , , , , , , | Leave a comment

Irish-backed Wilton REIT Makes First Buy


By Jennifer Duell Popovec    CHICAGO-Wilton US Commercial Inc. has made its first acquisition, a 1920s-vintage office building located at 65 E. Wacker Place, and it has plans to make at least two more acquisitions this year.   The private REIT, … Continue reading

Posted in Atlanta | Tagged , , , , , , , , , , | Leave a comment

ProLogis, AMB May Merge to Create $14 Billion REIT


By Brian Louis and Vivek Shankar Jan. 27 (Bloomberg) — ProLogis, the world’s largest warehouse operator, is in talks to combine with rival AMB Property Corp. that would create a $14 billion real estate investment trust. The two companies are … Continue reading

Posted in Atlanta | Tagged , , , , , , , , , , , | Leave a comment

U.S. Industrial Market First Look: 2010-Q4


  The vacancy rate continued to drift lower with a drop of 10 basis points in the fourth quarter, ending the year at 10.4 percent. It was the second consecutive quarterly decline of 10 basis points, indicating that the industrial … Continue reading

Posted in Atlanta | Tagged , , , , , , , , , , , , , , | Leave a comment