The REIT Race to Liquidity

By: Ellen Rand, contributing editor, Development

Heartened by the market’s enthusiasm (as evidenced by the $30 billion in new equity raised for existing REITs last year), nearly a dozen commercial real estate companies had filed about $4 billion worth of offerings with the SEC by year-end 2009, with many more expected to file or in the process of organizing themselves to go public this year.

Spring 2010

Eldridge Oaks - Taking Advantage of Site Constraints

By: Carleton Riser, managing director, development & investment, Transwestern

Transwestern wanted to take advantage of tightening office market conditions in Houston’s Energy Corridor and began searching for a development site in late 2006. In order to execute the development plan, the company needed a site that was suitable for a Class A office project that would be attractive to large, corporate users prevalent in the area.

Three PNC Plaza - A Catalyst for Downtown Renaissance

By: Michael Linder, senior vice president, architecture, Astorino

Just over 100 years ago, Pittsburgh was on the eve of a major transformation. The city’s famous steel industry was just finding its footing and by the early 1900s, Pittsburgh was a bustling metropolis with a lucrative manufacturing base. This strength lasted until the steel industry collapsed in the 1970s, leaving the city with a dramatically reduced population and a struggling economy. While the economy of the city has been able to rebound, much of the new development has occurred outside of the downtown area.

Mound Advanced Technology Center - An Innovation Driver

By: Michael Grauwelman, president, Miamisburg Mound Community Improvement Corporation

Across the country there are high-stakes redevelopment projects mired in complicated issues, multi-faceted challenges and staggering complexity. And then there’s Mound Advanced Technology Center, a decommissioned DOE nuclear weapons facility located in the geographic center of Miamisburg, Ohio. It took a determined community with strong political leadership to prevent Mound from becoming a 306-acre brownfield with 2,500 jobs lost and gates permanently padlocked against future use.