Damian.Bruno@CBSedona.com - Damian Bruno Realtor - Designated Broker Tod Chirstenson Damian  Bruno
Sedona & Verde Valley Real Estate 
Damian  Bruno

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Wall Street Journal Commercial Real Estate News


http://online.wsj.com/xml/rss/3_7401.xml


WSJ.com: Commercial Real Estate
Showdown in Stamford for Developer Rosen
Developer Aby Rosen, who has been fighting headwinds to shore up his highly leveraged U.S. office buildings, faces a new threat, this one to his firm's large portfolio in Stamford, Conn.
Texas's Hines to Double Down in London
Hines, one of the world's largest real-estate groups in terms of assets, is preparing to spend $1.6 billion on buildings in the U.K., doubling its assets in the country in an effort to diversify away from riskier acquisitions.
'Avatar' Blues for Builder
Development company Avatar Holdings has to change its name because of confusion with the popular "Avatar" movie.
Grubb & Ellis Seeks Quick Sale
Commercial real-estate firm Grubb & Ellis Co. filed for Chapter 11 bankruptcy protection, requesting an expedited sale as it faces $30 million in debt that matures on March 1 and insufficient cash to make it through the first quarter.
Amazon Acquires Blocks in Seattle
Amazon is buying property in central Seattle with plans to construct about 3 million square feet of office space, a move that could have the company owning its headquarters for the first time amid big expansion.
Mission West Hangs 'For Sale' Sign
The leading office landlord in California's Silicon Valley, Mission West Properties Inc., is preparing to sell itself to the highest bidder. But the selling price is likely to fall short of the $1.8 billion the company nearly fetched five years ago.
Apollo Has Difficulty Landing Real-Estate Funds
Private-equity firm Apollo Global Management has raised only about $385 million for a real-estate fund, well short of its goal.
Ex-Banker Caught Up in Debt Brawl
A lawsuit provides a glimpse of the role being played by bankers-turned-consultants in the growing number of fights breaking out in the commercial real-estate industry.
Empire State Building Owner Plans IPO
The company that runs Manhattan's Empire State Building is planning an initial public offering that could raise as much as $1 billion.
It's Hardly a Ball for 11 Times Square
The risks of speculative office building are obvious at the 11 Times Square skyscraper. More than a year after it opened, the 1.1 million square-foot building is about 60% empty and unleased.

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