Miscellaneous
The Band is Going to Be Taking a Break
November 9, 2011
Tweet Everybody is expecting to get $6-7 NNN rents in Palo Alto, and 4 and even 5 in Mountain View. But I fear the party will slowly becoming to a halt soon. Investors are once again beginning to drink the Kool-Aid that this is somehow sustainable. It isn’t and if rent levels on the Peninsula [...]
Read More >>LoopNet Continues to Bolster Feature Set – Will It Continue?
July 22, 2011
Tweet LoopNet was well on its way to supplanting CoStar in relevancy before the offer to acquire LoopNet was made by CoStar. By becoming the “go to” place on the internet to post and sell/lease real estate, LoopNet had become too large to ignore and thus solved one of the largest hurdles for any company [...]
Read More >>CoStar Acquiring LoopNet
April 28, 2011
Tweet LoopNet was well on its way to taking over the reigns from CoStar. It had embarked down the path of becoming the “go to” place to list to get things sold or leased. CoStar hadn’t evolved much over the years, and with every passing year had become an increasingly expensive research report while LoopNet [...]
Read More >>Grubb Secures 11% Loan Secured by Accounts Receivable
March 31, 2011
Tweet Been a while since I posted anything, but this was too good to pass up: Grubb & Ellis Company (GBE: 0.00 N/A) announced that it has received an $18 million financing commitment from private equity firm Colony Capital, LLC. In turn, the Los Angeles-based international investment firm has secured the right to negotiate exclusively [...]
Read More >>Kudos to Cornish & Carey
May 10, 2010
Tweet It seems that the folks over at Cornish & Carey have decided to put rental rate and available space information back up on their website. I was admittedly harsh on them back in January when I wrote a post about why I felt hiding this information was counterproductive and against the interests of the [...]
Read More >>JLL Squeezes Out a Profit in Q1
April 27, 2010
Tweet Jones Lang LaSalle (JLL: 92.44 -1.94%) posted earnings this afternoon and they managed to squeeze out a small profit in a continuing sign of stability in the brokerage business. The company reported a profit of $200,000, which although paltry, is a vast improvement from the $60M loss they posted a year ago for the [...]
Read More >>Government Taking Donations To Pay Down Debt
April 22, 2010
Tweet Believe it or not, the government has established a website whereby you can make a donation to help pay down the public debt. Absolutely classic. See for yourself Do your part and donate $30K!
Read More >>The Cleveland Fed Justifying Its Existence
March 3, 2010
Tweet ….this was actually put out by the Cleveland Fed on March 1, 2010. I wouldn’t believe it unless I saw it. [via ZeroHedge]
Read More >>Bloom Energy
February 24, 2010
Tweet In case anybody missed it on 60 minutes… Sunnyvale-based Bloom Energy… Watch CBS News Videos Online
Read More >>Record Breaking Land Site Headed Back to Bank
February 19, 2010
Tweet Back at the top of the market in 2007, Candy & Candy acquired an 8-acre development site in Beverly Hills. The price? $500,000,000 – or some $1400 per square foot! Just three years earlier, the seller, New Pacific Realty, had acquired the site for $33.5M. It was encumbered with a long-term lease to the [...]
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