Sunday Dec 13 | REITS & Finance News
Hoping for an upward swing in the cycle
MIXED OUTLOOK: Offering their perspectives on the three major sectors of commercial real estate - office, industrial and retail - are, from left, Steve Thelen with Jones Lang LaSalle, John Hoctor with Altschuler Hoctor Co., Jeff Thornton with Duke Realty Corp.
Samsung to shift 500 jobs to business park in Coppell
THE RIGHT CALL: Duke Realty Corp.'s Maverick Otten, left, Jeff Thornton and Randy Wood stand in the Point West business park in Coppell, where they've leased 261,000 square feet to Samsung Telecommunications America.
After spending close to a year searching likely buildings throughout the Dallas-Fort Worth area for consolidation and expansion of its cell phone light manufacturing and distribution operations.
Samsung leases space in Coppell for distribution facility
Duke Realty Corp. said Friday that it has leased 261,025 square feet of industrial spaced in Coppell to Samsung Telecommunications America.
Spec Building Lands 503,200-SF Tenant
When construction started in early 2008 on the 503,200-square-foot speculative industrial building, Duke Realty Corp.
Locals expect few bright spots in 2010
Senior real estate executives remain pessimistic about the prospects for the Indiana market in 2010, although they see signs of improvement in the investment and residential sectors.
Duke Realty land auction nets $1M; pricier properties go unsold
Duke Realty Corp. netted more than $1 million during a Tuesday auction of surplus development parcels in Indianapolis, Fishers, Plainfield and Lebanon, but the locally based real estate company failed to sell two pricier properties.
Duke Realty's chief operating officer resigns
Indianapolis-based Duke Realty Corp. announced Monday that its chief operating officer will leave the company at the end of the year.
Duke Realty COO Robert Chapman Resigns
Duke Realty Corp. said Monday its chief operating officer will leave the company at the end of the year.
Commercial vacancy rates continue climb in 3rd quarter
Vacancies mounted in the third quarter for Orlando's office, industrial and retail sectors, according to a report last week from Cushman and Wakefield Co.
Duke Realty takes $50M hit on 3630 Peachtree
View Larger Duke Realty Corp. has taken a $50 million write-down on the value of its 3630 Peachtree project in Buckhead, another sign of the worsening commercial real estate mess.
Estee Lauder, Acme Packet: Ratings Changes
TheStreet.com's stock-rating model upgraded communications equipment maker Acme Packet to "buy." The numbers : Third-quarter net income surged 76% to $3.6 million and earnings per share doubled to 6 cents.
Hamilton County-based developer Duke Realty Corp. reported that it swung to a major third-quarter loss as it continues to try and shed vacant land from its portfolio to help the bottom line.
CBRE/Duke JV Completes Northpoint...
A joint venture between CB Richard Ellis Realty Trust and Duke Realty Corp. has completed its purchase of Northpoint III, a 108,500-square-foot class A office building in suburban Lake Mary that is fully leased to Progress Energy Florida through 2021.
Duke Realty Corporation Reports Third Quarter Results
Duke Realty Corporation , a leading industrial and office property REIT, today reported results for the third quarter 2009.
With commercial real estate under water, opportunists are hunting deals
Just about every player in the real estate business - whether individual investor, private-equity fund or publicly traded company - is trying to raise capital to take advantage of what they see as an inevitable shakeout in commercial property.
St. Louis Park project caught in economy's grip
Lifestyle centers were still the hot new thing in the Twin Cities a couple of years ago when Duke Realty began work on the Shops at West End, the first phase of a $400 million mixed-use project in St.
Duke to sell 9 prime office park parcels by Nov. 10
By putting nine shovel-ready land parcels up for sale or auction at once, Duke Realty Corp.
Lady Primrose relocating to Grand Prairie
High-end cosmetics manufacturer Lady Primrose Products will relocate its distribution and packaging operations from Dallas to 47,000 square feet in a newly-built warehouse/distribution center at 3324 Roy Orr Road in Grand Prairie later this year.
Duke Realty Corporation Announces Earnings Conference Call; Thursday, ...
Duke Realty Corporation , will hold its quarterly conference call to discuss second quarter results on Thursday, October 29, 2009, at 3:00 p.m. Eastern Time.
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