Commercial Property News Archive for 22-Nov-2006

Homeowners to benefit from higher tax rates for businesses (Eagle-Tribune Online)

HAVERHILL - Last year's increase in the commercial property tax rate will translate into a more modest property tax increase for homeowners, according to Mayor James Fiorentini.

Blackstone to buy Equity Office for $20B (bizjournals.com via Yahoo! Finance)

Commercial property owners and managers Equity Office Properties Trust has agreed to be acquired by private equity firm Blackstone Group for $20 million, plus the assumption of $16 million in debt.

More prime Kapolei commercial property goes on market (BizJournals)

Another large parcel of commercially zoned property with prime freeway exposure in Kapolei is on the market.

Gloomy insurance climate, rate spikes killing deals (BizJournals)

Owners of commercial property are pretty much like everyone else when it comes to fretting over hurricanes -- waiting until one appears aimed directly at the Tampa Bay area before letting panic get the best of them.

Blackstone to buy Equity Office for $20B (East Bay Business Times)

One of the country's largest commercial property owners and managers, Equity Office Properties Trust, has agreed to be acquired by private equity firm Blackstone Group.