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Commercial property news and information
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Hong Kong Real Estate Roars Back With a Commercial Boom
The city is drawing businesspeople because of its proximity to China and a hospitable living environment that offers amenities such as international schools. More »
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In San Francisco Neighborhood, Dot-com Bust Becomes a Boom
Internet start-ups return to former epicenter and the heart of the gold rush is a four-story office building at 625 Second St. More »
The Other Real-Estate Boom: REITS Are Up More Than 30%
Investors may be surprised to learn that some of this year's best performers have been real-estate investment trusts, despite the weak housing market. More »
SL Green Wins Approval Of Reckson Shareholders
The Uniondale, N.Y., real-estate investment trust's shareholders approved its acquisition by the office landlord after the REIT's CEO volunteered to forgo a $25 million severance. More »
Tishman Rides Manhattan Demand With $1.8 Billion Property Sale
The company is selling a skyscraper in Midtown for one of the highest prices ever paid for a single U.S. office building. The sale represents another example of the skyrocketing values in the metro. More »
Orlando Works to Broaden Its Mickey Mouse Image
This tourist hub doesn't want to be a small world after all. The home to Walt Disney World Resort and other family attractions wants to expand its base by building more luxury accommodations and adding biotech to the mix. More »
Toll Brothers Posts 44% Decline In Net, Says It Sees Hopeful Signs
The home builder posted weak results but says the housing industry may be bottoming in certain markets. The company's quarterly net dropped 44% and orders fell 56%. More »
Icahn Loses Partners in Bid To Acquire Office REIT
The financier's partners pulled out of a bid for Reckson Associates, but he still may move forward alone. More »
Ultimate Resort Wins Right To Buy Tanner & Haley Assets
The Kissimmee, Fla., company won the bidding for the destination club, winning out over a firm headed by Ameritrade CEO Joe Ricketts. More »
Colony Capital Advances Mall Plan With $1.5 Billion in New Financing
The company is moving ahead with Meadowlands Xanadu which will be the most expensive mall built in the U.S. Back on board is Larry Siegel, the former Mills Corp. chief executive officer who oversaw the original development and is blamed in part for the project's delays and cost overruns. More »