Monthly Archives: May 2011

Weekly Market Insight


Real Disposable Personal Income & Personal Income Expenditures Monthly & Change: Seasonally Adjusted Personal income and consumer spending growth were weak in April, underscoring a big reason for the economy’s recent soft patch. Real disposable personal income (income less taxes, … Continue reading

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Grubb & Ellis Survives, Prospers in Economy


Like everybody else in the real estate business, the last 36 months or so have been trying times for Grubb & Ellis Co.Memphis, a commercial realty firm that splits its business between leasing/management and sales. Nevertheless, the locally owned Grubb … Continue reading

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Rock-Tenn completes Smurfit-Stone acquisition


Rock-Tenn Co. on Friday completed its $3.5 billion takeover of Smurfit-Stone Container Corp. The combined company will be the No. 2 North American producer of containerboard and the No. 2 producer of coated recycled board. The deal comes nearly a … Continue reading

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New Regional Distribution Center to Come Up in Floyd County


The Rome Floyd Development Authority is planning a 1.5 million-square-foot regional distribution center inFloydCounty. According toGeorgia’s developments of regional impact database, the development is called “River” and has a value of $130 million. The county estimates the distribution center will … Continue reading

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AREA and DW buy 4.5MSF porfolio


AREA Property Partners and DW Management have bought a 4.5 million-square-foot portfolio of industrial warehouses for $170 million, including properties inGeorgia,South Carolina,FloridaandTexas, among others. Cushman & Wakefield Sonnenblick Goldman’sAtlantaoffice arranged $100 million in financing for the purchase of the 12 … Continue reading

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KKR plans to buy Academy Sports


NEW YORK — The buyout firm Kohlberg Kravis Roberts & Co. LP has agreed to buy a majority stake in Academy Sports + Outdoors, a sporting goods retailer with 131 outlets in 11 states in the Southeast. Academy Sports’ president, … Continue reading

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Good News Friday


Bringing It All Together Some analysts are concerned that the U.S. economy will weaken over the next few quarters as a result of high energy prices, further erosion of the housing market and slower growth overseas. But the economy is … Continue reading

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