Commercial Property News Archive for 17-Jun-2008

Staubach merger with Jones Lang LaSalle may cost $725 million (Dallas Morning News)

A combination of Dallas-based commercial real estate broker Staubach Co. and Chicago-based Jones Lang LaSalle Inc. will probably create the country?s second largest commercial property services firm.

Office buildings look to lose some of their gloss (Stuff)

Commercial property returns have outstripped other investments during the past year but the outlook is not as rosy, market watchers say.

Still money in office space, says property group (The New Zealand Herald)

Continuing strong demand from tenants and increasing rents are expected to maintain good returns for commercial property investors, despite a predicted softening of returns in the remainder of 2008.

Assessments add up to lawsuits (Norwalk Advocate)

STAMFORD - Several high-profile commercial property owners are taking the city to court to dispute assessments from the 2007 property revaluation. Among prominent names on the list are Pitney Bowes, Macy's, Saks Fifth Avenue, Aquarion Water Co. and Grade A Market.

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