Commercial Land Listings

Sunrise considers hotel/office tower on edge of Everglades (Sun-Sentinel)
A controversial plan to build a 10-story hotel and office tower on the edge of the Everglades has environmentalists fuming.

FD council buys buildings (The Fort Dodge Messenger)
Fort Dodge officials continue to buy property near First Avenue South and 13th Street to prepare for possible new development there. On Monday, the City Council bought two buildings from Michael Buhr and Mary Ann McSweeny Buhr, of Fort Dodge, for a total of $285,000. One building, which houses McSweeny's School of the Performing Arts at 101 S. 13th St., was purchased for $155,000.

Commercial properties fall to foreclosure (Boston Globe)
The foreclosure crisis is now claiming commercial properties across Massachusetts, prompting a surge of fire sales as the owners of office towers, hotels, and stores cannot meet or refinance sizable loan payments.

Allied Properties REIT Announces Conference Call to Discuss First-Quarter Results (Marketwire)
TORONTO, ONTARIO--(Marketwire - April 27, 2009) - Allied Properties REIT (TSX:AP.UN) will hold a conference call and live audio webcast at 9:00 a.m. (ET) on Wednesday, May 13, 2009, to discuss financial results for the quarter ended March 31, 2009. The financial results will be released on Tuesday, May 12, 2009. The conference call can be accessed by dialing 1(800) 590-1508 or (416) 644-3425. ...

12:40 p.m. - Office lease for Guam Election Commission terminated (Pacific Daily News)
12:40 p.m. April 28 — The Guam Election Commission has been ordered to vacate its office space at the GCIC Building by May 1 because the local government has failed to pay its rent.

Host Hotels underwriters exercise option in full (AP via Yahoo! Finance)
Host Hotels & Resorts Inc., a lodging real estate investment trust, said Monday that the underwriters of its public stock offering of 66 million shares decided to exercise their overallotment option in full.

Commercial real estate group names The National theater and Gibson’s Grill top 2009 project (Richmond Times-Dispatch)
The National theater and the next-door Gibson’s Grill on East Broad Street won the 2009 Project of the Year Award last night from the Greater Richmond Association for Commercial Real Estate. Painstaking efforts were taken with the restoration, said David Auman, head of the local trade organization and president of The Capstone Contracting Co., a general contracting company in western Henrico ...

Dick Hogan: Commercial property (The News-Press)
CVS Caremark Corp. purchased a 1.

Budget inaction means REIT distribution under strain, say BPF and REITA (TrustNet)
The REIT sector was a big loser from the Budget says Peter Cosmetatos, finance and investment director at the British Property Federation (BPF). This is because the Treasury failed to respond to recent demands from the industry for tax changes that could improve the standing of companies.

(AFX UK Focus) 2009-04-28 07:50 UPDATE 1-Brixton eyes options to prop up finances (Interactive Investor)
LONDON, April 28 (Reuters) - UK industrial property company Brixton said on Tuesday it was still considering a number of options to improve its finances, including asset disposals, debt refinancing and a potential equity raising. The company said it was progressing a variety of initiatives designed to prop up its balance sheet following a record fall in UK commercial property values in 2008. The ...