Miscellaneous
Build It And They Won’t Come…. The Story of South China Mall
June 16, 2008
South China Mall, a 7 million square feet monstrosity (the largest mall in the world), sprawled over 200 acres and built in 2005 in the southern Pearl River Delta city of Dongguan sits nearly empty. The mall was originally designed to house 1,500 tenants. There are less than a dozen. The mall was featured a [...]
Read More >>The Guy Is A Machine
June 15, 2008
There’s not much else you can say, Tiger Woods is awesome. Sinks a 12-15 footer to force a playoff tomorrow against Rocco Mediate. Between Euro Cup 2008 (soccer for you non-hooligans), NBA finals, and the playoff tomorrow between Tiger and Rocco Mediate, I suspect the bookies will be much more active than any CMBS banker [...]
Read More >>Jones Lang LaSalle (JLL) Acquiring Staubach for $735M
June 13, 2008
A little less than a week ago we reported that the rumours of Jones Lang LaSalle (NYSE: JLL) merging with Staubach were true, or so we had heard. Today, Property Week News out of the UK is providing additional credence by publishing a price for the acquisition, $735M.
Property Week’s article indicates that the acquisition price represents [...]
Jones Lang LaSalle and Staubach Merging
June 9, 2008
It seems that the rumors swirling around a possible merger between Jones Lang LaSalle (NYSE: JLL) and Staubach are true. We’ve heard from a reputable source that the deal is essentially done.
The transaction would create a corporate real estate giant to better take on CBRE, the largest corporate real estate provider. The merger however could be [...]
Real Estate Industry Jobs Report
June 6, 2008
The Mercury News reported today on the trouble some real estate industry professionals are having in finding work. As a result, many have changed careers. Some of the numbers reflecting the state of the market are below. Most of the impact of course is related to the housing sector, but the numbers are telling nonetheless.
Santa Clara [...]
Read More >>Hilarious But Not Really
June 4, 2008
Got this sent to me earlier. Guess this explains why having a company evacuation plan is a good idea.
…and from another angle for your viewing (dis)pleasure …
Read More >>The Yahoo-Microsoft Soap Opera Continues
June 3, 2008
The Yahoo-Microsoft fiasco continues. Attorneys for investors won the right yesterday in court to release meeting minutes and other details behind the so far non-acquisition of Yahoo! (NASDAQ: YHOO) by Microsoft (NASDAQ: MSFT). Not much of a commercial real estate angle here except to say that Yahoo owns a bunch of land in Santa Clara [...]
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