Commercial Property News Archive for 05-Nov-2006

A Perfect Union (US News & World Report)

Since moving his business to Utah from his native Australia in 1994, entrepreneur Ross Johnson has been a frequent customer of credit unions. Indeed, Johnsonâ?"creator of an extra-bright portable lighting tower used at the Salt Lake City Winter Olympic Gamesâ?"has tapped credit unions for everything from buying commercial property to funding working capital for his growing venture, Mobilight Inc.

LoopNet Expands RecentSales Service to Include Commercial Property Sales Information in More than 300 Counties and 900 (PR Newswire via Yahoo! Finance)

LoopNet, Inc., a leading commercial real estate information services provider that operates the largest and most heavily trafficked commercial real estate marketplace online, today announced the expansion of its RecentSales service to include information on commercial property sale transactions in more than 300 counties and 900 U.S. cities.

Queen takes stake in commercial property fund (Times Online)

The Duchy of Lancaster, the private estate of the Queen, has taken a stake in a new £200 million fund dedicated to speculative commercial property development, The Times has learnt.

Corporex buying riverfront site (The Kentucky Post)

Corporex Cos. reached a deal Thursday with Newport to pay $13.5 million for 13.9 acres once occupied by public housing on the city's riverfront and for the rights to develop the site into a mix of residential, retail and commercial property.

Germany May Make Commercial Property Focus of REITs (Update1) (Bloomberg.com)

Nov. 1 (Bloomberg) -- The German government may require buildings to be sold to real estate investment trusts to contain at least 50 percent commercial floor space, according to a ministerial proposal prepared for cabinet approval.

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