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Midwest Farmland Values May Have Peaked
Farmland values rose and fell unpredictably across sections of the Midwest this past quarter but agriculture bankers are almost unanimously predicting a widespread drop through year-end. On average, prices for quality farmland rose to their highest...

Lease Up (Nov. 17) Google Signs Lease with NASA for Moffett Airfield, Restoration of Hangar One
In an effort to reduce costs and shed surplus property, NASA agreed to assign its Moffett Federal Airfield (MFA) to Google subsidiary Planetary Ventures LLC, which will rehab and manage the facility located between Palo Alto and San Jose. The U.S....

Worldcenter Unveils First Condo Tower Near Downtown Miami
Developer Daniel Kodsi has unveiled plans for a 706-foot, 466-unit condominium tower in Miami Worldcenter, one of the country's largest mixed-use projects. The 60-story Paramount Miami Worldcenter is scheduled to break ground in the first quarter of...

CoStar's People of Note (Nov. 9 - 15)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Washington DC, Chicago, Dallas / Ft. Worth, Greenville / Spartanburg...

10 Questions for DTZ Global CEO Tod Lickerman
Following its scheduled acquisition of Cassidy Turley on Jan.1, 2015, DTZ fully expects to become the third-largest, and the largest wholly privately owned, global commercial real estate services provider. Private-equity firm TPG Capital led a group...

Salesforce Not Done Yet, Strikes Deal to Buy 50 Fremont for $640M to Continue San Francisco Expansion
Salesforce continued its all-out pursuit of establishing a massive corporate campus in downtown San Francisco this week, agreeing to buy 50 Fremont St. from TIAA-CREF for $640 million. The cloud software company already agreed to lease 30 floors as...

Highwoods to Develop 514,000-SF HQ for Bridgestone Americas in Nashville
Highwoods Properties, Inc. (NYSE: HIW) will develop a 514,000-square-foot, headquarters-quality office building in the SoBro district of downtown Nashville, one of the city's designated Best Business Districts (BBD). Bridgestone Americas, Inc., the...

JLL Buying Cresa Portland To Expand In Pacific Northwest
Big brokerage firms continue to battle for market share and adding pieces to build out their service platforms in select markets. The same week that Avison Young said it is buying the South Florida affiliate of Colliers International, JLL announced it...

UPDATED: Avison Young to Acquire Miami-based Colliers Affiliate, Adds Morrison Commercial in Orlando
After securing additional financial backing from private equity firm Tricor Pacific Capital in September, Avison Young has made two major acquisitions in Florida, striking a deal to acquire Miami-based Abood Wood-Fay Real Estate Group, LLC, an affiliate...

Hines-Cousins Partnership to Build Uptown Office Tower
The Dallas office of Hines and Cousins Properties Inc. (NYSE: CUZ), the Atlanta-based REIT, have announced a joint venture to develop Victory Center, a 23-story, 466,000-square-foot office tower in the Uptown Dallas submarket. Designed by Duda/Paine...

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