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CoreNet Global is an opinion leader in the Corporate Real Estate, Workplace and Infrastructure management. The Leader magazine, Core Market Indicator and specific research reports are closely watched throughout the industry. From tailored research and partnership programs to sharing results at local and international events, our members set the agenda for the latest discussions and plans for in-depth analysis and tracking.
News & Views
Health Care REIT is Making Its Move
Toledo Blade (OH) (09/02/10) McKinnon, Julie M.
After nearly a year of multimillion-dollar renovations incorporating employee-wellness features and green energy, Health Care REIT Inc. is moving its headquarters this weekend into the longtime former home office of Dana Holding Corp. The colonial-style office complex revamped with contemporary features and a company sign. Health Care REIT Chairman and CEO George Chapman states, "There were significant changes made to make it more functional, and employees will be able to take in the ambiance." Renovation estimates have ranged as high as $12... More
Abstract News © 2010 INFORMATION, INC.
Merritt Buys Land to Build BRAC-Related Office Park
Baltimore Sun (09/01/10) Mirabella, Lorraine
Merritt Properties has purchased land in the Baltimore suburb of Aberdeen, where it will begin building a business park to meet the growing demand from government contractors seeking space near the Aberdeen Proving Ground army base. The office developer plans to construct a three-building complex totaling more than 250,000 square feet, along with some small retail shops and an on-site fitness facility. The Harford County site is located less than two miles from the base, which is adding jobs and missions due to the federal base realignment. The... More
Abstract News © 2010 INFORMATION, INC.
Commercial Mortgage Group Spent $140,000 Lobbying
Associated Press (09/01/10)
The Commercial Real Estate Finance Council confirms that it spent $140,000 in this year's second quarter lobbying the federal government, up from $100,000 in 2009's April-through-June period but down from $160,000 in the fourth quarter of last year. The trade group, which represents buyers and sellers of investments backed by commercial property loans, lobbied lawmakers on everything from bankruptcy and tax issues to flood insurance and regulation of the financial system. Formerly known as the Commercial Mortgage Securities Association, the trade... More
Abstract News © 2010 INFORMATION, INC.
Stock Performance Drives REIT Compensation Gains
GlobeSt.com (09/02/10) Bubny, Paul
A new study by FTI Schonbraun McCann Group (SMG) shows that compensation levels within the REIT industry increased last year by a median of 3 percent to 15 percent depending on employee level. Researchers cited rebounds in companies' stock prices as the main reason for the improvement. Similarly, the compensation survey conducted for the National Association of Real Estate Investment Trusts found that pay increases to REIT employees exceeded expectations. When FPL polled REIT executives a year ago, their projections of compensation increases over... More
Abstract News © 2010 INFORMATION, INC.
Century 21 Signs Deal At Lincoln Center Site
Wall Street Journal (09/02/10) Pruitt, A.D.
In Manhattan, Century 21 has agreed to take over the Upper West Side address being vacated by Barnes & Noble. The popular department store, well-known for offering high-end apparel at a discount, has been operating for the past 50 years downtown. It signed a 20-year lease for the four-story building near Lincoln Center, reports Cushman & Wakefield. C&W brokered the lease on behalf of Millennium Partners, the building's landlord. It will be seventh store for the chain, which also has stores in Brooklyn, Queens, Long Island and New Jersey. It will... More
Abstract News © 2010 INFORMATION, INC.
Toledo Blade (OH) (09/02/10) McKinnon, Julie M.
After nearly a year of multimillion-dollar renovations incorporating employee-wellness features and green energy, Health Care REIT Inc. is moving its headquarters this weekend into the longtime former home office of Dana Holding Corp. The colonial-style office complex revamped with contemporary features and a company sign. Health Care REIT Chairman and CEO George Chapman states, "There were significant changes made to make it more functional, and employees will be able to take in the ambiance." Renovation estimates have ranged as high as $12... More
Abstract News © 2010 INFORMATION, INC.
Merritt Buys Land to Build BRAC-Related Office Park
Baltimore Sun (09/01/10) Mirabella, Lorraine
Merritt Properties has purchased land in the Baltimore suburb of Aberdeen, where it will begin building a business park to meet the growing demand from government contractors seeking space near the Aberdeen Proving Ground army base. The office developer plans to construct a three-building complex totaling more than 250,000 square feet, along with some small retail shops and an on-site fitness facility. The Harford County site is located less than two miles from the base, which is adding jobs and missions due to the federal base realignment. The... More
Abstract News © 2010 INFORMATION, INC.
Commercial Mortgage Group Spent $140,000 Lobbying
Associated Press (09/01/10)
The Commercial Real Estate Finance Council confirms that it spent $140,000 in this year's second quarter lobbying the federal government, up from $100,000 in 2009's April-through-June period but down from $160,000 in the fourth quarter of last year. The trade group, which represents buyers and sellers of investments backed by commercial property loans, lobbied lawmakers on everything from bankruptcy and tax issues to flood insurance and regulation of the financial system. Formerly known as the Commercial Mortgage Securities Association, the trade... More
Abstract News © 2010 INFORMATION, INC.
Stock Performance Drives REIT Compensation Gains
GlobeSt.com (09/02/10) Bubny, Paul
A new study by FTI Schonbraun McCann Group (SMG) shows that compensation levels within the REIT industry increased last year by a median of 3 percent to 15 percent depending on employee level. Researchers cited rebounds in companies' stock prices as the main reason for the improvement. Similarly, the compensation survey conducted for the National Association of Real Estate Investment Trusts found that pay increases to REIT employees exceeded expectations. When FPL polled REIT executives a year ago, their projections of compensation increases over... More
Abstract News © 2010 INFORMATION, INC.
Century 21 Signs Deal At Lincoln Center Site
Wall Street Journal (09/02/10) Pruitt, A.D.
In Manhattan, Century 21 has agreed to take over the Upper West Side address being vacated by Barnes & Noble. The popular department store, well-known for offering high-end apparel at a discount, has been operating for the past 50 years downtown. It signed a 20-year lease for the four-story building near Lincoln Center, reports Cushman & Wakefield. C&W brokered the lease on behalf of Millennium Partners, the building's landlord. It will be seventh store for the chain, which also has stores in Brooklyn, Queens, Long Island and New Jersey. It will... More
Abstract News © 2010 INFORMATION, INC.
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Real Estate Pros Discuss Workplace of the Future
- August 19, 2010
Charlotte Observer features CoreNet Global members and Carolinas Chapter -
Carolinas Chapter President Hunter Fleshood of Bank of America
- August 18, 2010
is interviewed by Charlotte's TV News 14 on the group's "Future of Work" program held 18 August -
Time Warner Becomes CoreNet Global's First Media & Entertainment Corporate - Business Partner
- July 12, 2010
-- TheStreet.com -
Survey: Workplaces Less Green, More Lean
- June 30, 2010
GlobeSt.com: "Locally based CoreNet Global and Georgia State University, in concert with Findland-based Aalto University, recently surveyed 271 real estate and business executives ..."
- Corporate Real Estate’s Top Practitioners Compete at Atlanta’s Emory University - August 23, 2010 for the 11th-Annual H. Bruce Russell Global Innovator's Award
- CoreNet Global Summit Phoenix Convenes Who’s Who of Corporate Real Estate Asset Management - August 17, 2010
- “Pecha Kucha” completes CoreNet Global’s London Summit programme - August 4, 2010
- Time Warner Becomes CoreNet Global’s First Media & Entertainment Corporate - Business Partner - July 12, 2010 George Bouri Named Senior Vice President, Global Real Estate & Facilities Services, by Time Warner Inc.
- CoreNet Global Member Profile - John Guba
by M.H. Flick - CoreNet Global Member Profile
by Davis - CoreNet Global Member Profile -- Sam Hunter
by Sam Hunter - CoreNet Global Member Profile -- Ashok Kumar
by Ashok Kumar
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