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calhoun square NorthMarq to Manage 845,000 SF of Twin Cities Retail Space
NorthMarq is adding six new third-party retail assignments to its retail property management and brokerage business in the Minnesota's Twin Cities.
Riverstone Wins Management of 15,000-Unit BlackRock Portfolio 
Riverstone Residential has been awarded the management of more than 15,000 apartment units in the portfolio of BlackRock Realty Advisors Inc., the real estate equity arm of BlackRock Inc.
CBRE to Handle FDIC’s Portfolio of Owned Real Estate
CB Richard Ellis Inc. has netted a major client: The Federal Deposit Insurance Corp. has tapped the services firm to serve as primary advisor for the residential and commercial real estate it acquires from failed financial institutions.
Despite Hurdles, Green Measures Win High Marks from Executives
As the drive toward sustainable buildings picks up speed in commercial real estate, executives appear to be mostly unfazed by the hurdles to going green.
kraft hq Kraft Foods Signs on with Grubb & Ellis for Property Management
About one month after Kraft Foods Global Inc. renewed about 1.5 million square feet in Ohio and Pennsylvania from ProLogis, Kraft selected Grubb & Ellis Co. as its facilities service provider for its sites throughout North America.
FirstService Completes Investment in GVA Williams
FirstService Corp. has announced the completion of its previously reported purchase of a 65 percent interest in New York-based GVA Williams Real Estate, with senior management retaining the balance of equity.
TRIRIGA Software Permits Improved Building Energy Monitoring
Las-Vegas-based TRIRIGA, a provider of software solutions for the real estate industry, has announced the availability of its new system called TREES (TRIRIGA Real Estate Environmental Sustainability). TREES measures, manages and reduces energy consumption of buildings.
Miller Thompson National, Argus Form Venture; Gee, Snodgrass to Join Thompson
Thompson National Properties L.L.C. will manage nearly all of Argus Realty Investors L.P.’s portfolio under a new venture formed by the two California-based companies.
Behringer Harvard to Set Up Shop in Germany
With an eye on ramping up its global footprint, Behringer Harvard is opening an office in Hamburg, Germany, that will begin operations this month. The Dallas-headquartered firm’s Hamburg location will focus on European real estate acquisitions, as well as asset and property management for Behringer Harvard’s assets in Europe.
Knight Frank Makes Bahrain Move
Knight Frank Inc. is setting up shop in Bahrain to further its Middle East expansion plans, according to Global Money Management.
Fairmont Hotels & Resorts Expands in Boston
Fairmont Hotels & Resorts has announced that it will manage the new Fairmont Battery Wharf located on Boston's waterfront, adjacent to the city's historic North End.
ike Hurricane Ike Leaves Uncertainty in its Wake
Ripples in the commercial real estate world will be felt for a long time after Hurricane Ike struck the Texas gulf coast and then worked its way north and east wreaking havoc in its path from Little Rock to Chicago.
CresaPartners Merges with Strictly Commercial to Become Central Florida Force
Boston-based CresaPartners, the largest corporate real estate advisory firm in North America that focuses solely on tenant representation, has combined operations with Orlando-headquartered tenant representative firm Strictly Commercial, the only commercial real estate firm in Central Florida concentrating exclusively on providing office real estate solutions for area businesses.
Hurricane Season Promises Extensive Property Damages
The U.S. hurricane season is well on its way, with Tropical Storm Hanna battering the East Coast this past weekend, and Ike and Josephine becoming potential, significant threats. Hurricane Gustav, which hit the Gulf Coast last week, caused up to an estimated $10 billion in damages.
Kenco Takes Over Management of 1.6 MSF Whirlpool Facility in Columbus
Kenco Logistic Services L.L.C. has obtained management rights to a Whirlpool distribution center in Ohio. Kenco will assume control over the 1.6 million-square-foot Whirlpool Distribution Center in Columbus, Ohio, upon its opening in October.
Charles Dunn Opens Orange County Office
GVA Worldwide partner Charles Dunn Co. is setting its sights on Orange County--it has just opened a new office there, it has announced. GVA Charles Dunn and the Advisory Services group has taken their offices at Knobbe Martens building at Main Plaza in Irvine.
Jackson-Shaw Awards Concord Hospitality Management Contracts for Two Dallas-Area Properties
Jackson-Shaw has awarded management contracts to operate two Marriott properties in the Dallas area to Concord Hospitality Enterprises, it has reported.
Balfour Beatty Starts Operational Management of Fort Jackson Project
Balfour Beatty Communities L.L.C. has announced that it has commenced property management and maintenance services for the military family housing at the U.S. Department of the Army's Fort Jackson located in Columbia, S.C.
Interstate Hotels & Resorts Adds Four Hyatt Place Hotels to Managed Portfolio
Interstate Hotels & Resorts has announced that it has signed agreements to manage four Hyatt Place hotels in Texas.
Guardian to Acquire Sperry Van Ness Offices in West
Guardian Management L.L.C. will acquire the Southern California and Arizona offices of Sperry Van Ness.
NY Palace New York Palace, Hotel Bel-Air Come Under Dorchester Domain
London-based luxury hotel group Dorchester Collection, owner of such iconic properties as the Beverly Hills Hotel and Hotel Plaza Athénée in Paris, has brought two additional legendary assets under its umbrella with the attainment of contracts to manage New York City's renowned New York Palace Hotel and the tony Hotel Bel-Air in Los Angeles.
Corning Reaches Agreement to Sell Steuben
Corning Inc. has reached an agreement to sell its Steuben Glass Division to Steuben Glass L.L.C., a newly formed affiliate of Schottenstein Stores Corp.
Realty Income, Buffets Reach Agreement on 105 Properties Under Lease
Realty Income Corp. has reached an agreement with Buffets Holdings Inc. for the continued lease of all of its properties.
InBev, Anheuser-Busch to Merge into Anheuser2 Busch InBev
InBev and Anheuser-Busch agreed to combine the two companies, the firms announced.
Survey Says … Facilities Managers Update Ways to Find Out What Tenants Want
Clients and tenants are more sophisticated, informed about and demanding of facilities services. "They know their needs and the possibilities,” explained Burke Real Estate Group director of property management Ken Wheeler. That provides an opportunity, though, for facilities managers to improve the quality of their customer service.
 

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The growing trend towards sustainable design and green building practices cannot be denied. Real estate trends impacting commercial property management and the entire commercial real estate industry are major news stories constantly covered by CPN.