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Volume 4 - Number 22 | November 21, 2006

TOP STORY: Q3 REIT Reports Suggest a Changing Market
By Michelle Napoli
The growth of some net lease REITs has been constrained not by their access to capital or availability of transactions, but from what they describe as their risk-reward tolerance and discipline. While transaction volumes were down during the third quarter this year, they expect a more active pipeline in the future.

Insider: CB Richard Ellis’ Jeffrey Thomas
By Michelle Napoli
Jeffrey S. Thomas is a Seattle, WA-based first vice president in the net-leased properties group of CB Richard Ellis. Thomas, who works in partnership with Phoenix-based comrade John Glassmoyer, expects the two will end the year with about $500 million in transaction volume. NET LEASE forum spoke with Thomas about changes in his business and the net lease market.

Whirlpool, JLL, Panattoni in 9M-SF Plan
By Connie Gore
Benton Harbor, MI-based Whirlpool Corp. has hired Panattoni Development Corp. to build 8.5 million sf of industrial space in seven cities. Code-named Project Zenith, the plan includes two 750,000-sf buildings for Dallas/Fort Worth.

REM Goes Green With Major Editorial Initiative
By John Salustri
With a 50% potential short-term growth rate in the commercial sector, green building is on the radar of building owners, developers, architects and users. Real Estate Media, the publisher of NET LEASE forum, tackles the issue in a major multi-tiered initiative.

Data Points: Single-Tenant Industrial Pricing, Cap Rates


Short Takes: Reese Joins Grubb Corporate Services Group


Recent Transactions: Auto Dealership Asset Sold in $24.7M TIC Deal


Ratings Update: Boeing Upgraded for Good Performance



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