![[Blueprint]](/images/sm_20070115-raghavan.gif)
Commercial property news and information
Kimco Realty Corp. to Acquire Pan Pacific Retail for $2.9 Billion
The real-estate investment trust agreed to buy the company's 138 properties, accelerating consolidation in the strip-mall sector. The deal adds to a record amount of mergers and acquisitions in the REIT sector this year. More »
![[Different Directions]](/images/sm_20060711-forsyth.gif)
Commercial Real Estate Maintains Its Strength
The sector has benefited from the cooling U.S. housing market as a boom in residential construction limits the amount of land that can be used for other purposes. More »
Office-Vacancy Rate Declines, Propelling Rents 2.1% Higher
In the second quarter, the vacancy rate in 72 markets was 13.8%, allowing landlords to raise rents. New York had the greatest effective-rent growth with a 3.9% increase. More »
Socially Responsible Investing Makes Headway in Real Estate
A movement to encourage 'socially responsible' investment in real estate is gaining popularity, focusing in part on how investors can be more environmentally sound in the way they run their building portfolios. More »
![[Blueprint]](/images/sm_20060706-blueprint.jpg)
Northern Virginia Development Soars as Metro Area Sprawls
A gusher of spending by the Pentagon and other federal agencies is driving a strong and expanding commercial real-estate market in Washington, D.C.'s backyard. More »
Government Offices to Be Anchor In the New World Trade Center
The federal government will be the Freedom Tower's big tenant, reprising the public-sector role that allowed the original project to be built. More »
Architect Unveils New Design For Freedom Tower at WTC
The latest plans for the skyscraper to replace the World Trade Center includes a 20-story concrete base with thousands of glass prisms, landscaped plazas with museum-size steps and a fountain with a glass base. More »
![[Walkie-Talkie]](/images/sm_20060629-blueprint.gif)
Office Prices Hit the Stratosphere In London's Swanky West End
The area boasts the world's most expensive commercial real estate offering Victorian buildings that have become coveted addresses for media firms and hedge-fund managers. More »
WTC Developer Asks Court To Make Insurers Uphold Deal
Larry Silverstein seeks to prevent insurance companies from backing out of billions in payments following a recent reshuffling of the World Trade Center's rebuilding plan. More »
Home Builder Lennar Cuts Outlook Despite 33% Quarterly Profit Rise
The Miami-based company reports fewer new orders and higher cancellation rates as the housing market slows. The pullback in demand is due to speculative buyers exiting the market and to changes in consumer sentiment toward purchasing homes, the firm's president and chief executive says. More »