A number of lenders see more capital coming back into commercial real estate in 2012 in much greater volumes and across multiple lending sources. All of the 20 institutional lenders with whom Jones Lang LaSalle met with during last week’s Mortgage Bankers Association conference in Atlanta indicated a stronger appetite or allocation for placing commercial real estate mortgages in 2012. Jones Lang LaSalle also partnered with Penton Media Research...

Highmark Holdings LLC acquired the Ridgewood Apartments at 2045 Hwy 41 S. in Greenbrier, TN from Green Ridge Associates LLC for $3.8 million, or about $32,000 per unit. The two-story, 59,995-square-foot multifamily property was built in 1996 in the Robertson County submarket. The complex consists of 125 two-bedroom units. Fred Ripley of Brookside Properties, Inc. represented the seller. Please refer to CoStar COMPS #2259448 for more information...

Principal Real Estate Investors LLC acquired Rolling Mill Hill at 201 Middleton Street in Nashville, TN from Chartwell Residential, Inc. for $11.4 million, or about $158,000 per unit. The four-story, 156,624-square-foot multifamily complex was built in 2009 in the Downtown submarket of Davidson County. The complex consists of 72 units across three buildings that range from 843 to 1,591 square feet. Ed Fish of Resource Real Estate Partners represented...

CoStar Group released the latest findings of the CoStar Commercial Repeat-Sale Indices (CCRSI) last week, providing the market's first look at commercial real estate pricing trends based on property sales that closed through December 2011, and offering the broadest measure of commercial real estate repeat sales activity. The National Composite Index of commercial real estate prices ended the fourth quarter of 2011 relatively flat with December...

This week's People of Note includes the following markets: Atlanta, Charlotte, Dallas, Houston, National, New York City, Orlando, Phoenix, Portland, San Francisco, Tampa/St. Petersburg, Tucson and Washington, DC. WASHINGTON, DC Avison Young Expands Corporate Services Team in DC By Chris Crouse Industry veterans Bruce McNair (pictured far left) and Bill Morris (left) lead an eight-person team that has joined Avison

GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement. Send in your Green News Leads to news@costar.com LEED Doesn't Cost More - Army Replies to

Longtime Grubb & Ellis Co. director C. Michael Kojaian has resigned from the troubled Santa Ana, CA-based real estate services company. Kojaian, a Michigan-based real estate investor who has served as director since September 1996, advised the company Feb. 10 that he was resigning from the board of directors "to avoid any actual or apparent conflicts of interest in connection with his fiduciary duties with respect to his affiliated companies in...

Core Development Services acquired the Cambridge Park Apartments at 621 Memorial Dr. in Red Bank, TN from JP Morgan Chase & Co. for $5,875,000. Included in the same was a 4,600-square-foot retail building. The apartment complex is a 99,133-square-foot building that was built in 1972 in the North submarket of Hamilton County. The property consists of 226 apartments with a mix of 74 one-bedroom, 124 two-bedroom, and 28 three-bedroom units. William...

Schwan's Home Service, Inc. and Schwan's Consumer Brands, Inc. will sell six surplus industrial properties across the southeastern U.S. in an online auction set for March 22, 2012. The industrial properties were underutilized in Schwan's overall portfolio. The company decided that selling them through online auction would result in the quickest return. The properties will be offered individually, some with a reserve and one subject to a very...

In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. Brooklyn Tower Expected to Break Ground Late This Year The...

Noble Investment Group is repositioning and rebranding two of its latest opportunistic acquisitions as the Hyatt Atlanta Midtown and the Marriott Memphis East. The 191-room Hyatt Atlanta Midtown, located at Peachtree Street and 10th Street in Atlanta’s Midtown Mile, will open in early 2013 after a $21 million redevelopment that includes a renovation of guest rooms and public spaces with a design focused on a contemporary style. Midtown Atlanta...

This week's People of Note includes the following markets: Baltimore, Chicago, New York City, Philadelphia and Washington, DC. NEW YORK CITY Carlton Hires Managing Directors Gollin & Moss By Timothy Weber Mark Gollin and William Moss joined Carlton Group as managing directors. Gollin will run the European advisory group, while Moss will run the residential strategic advisory group. Gollin has spent the last 16 years in senior pos

Conklin Metal Industries signed a 39,972-square-foot lease for warehouse space in Pin Oaks II at 1150 Antioch Pike in Nashville, Tennessee. Conklin has been serving sheet metal contractors and duct fabricators throughout the Southeast since 1874. The one-story, 145,200-square-foot industrial building was built in 1987 and is located in the Southeast Industrial submarket of Davidson County. Bo Fulk of ProVenture represented the tenant. Ronnie...

National Retail Properties, Inc. purchased the Nashville Nightlife Theater and adjacent tour bus maintenance shop located at 2620 Music Valley Drive in Nashville, TN from an individual owner for $2.45 million, or about $153 per square foot. The Nashville Nightlife Theater totals 9,000 square feet and was built in 1984. The tour bus maintenance shop totals 7,000 square feet. The two buildings are on the same four-acre parcel in the Donelson-Hermitage...

Harwell Howard Hyne Gabbert & Manner leased a 26,453-square-foot space at 333 Commerce St. in Nashville, TN. The law firm will occupy two floors in the famed 27-story, 765,624-square-foot, class A office building. Constructed in 1994, it is located in the Downtown Nashville submarket. The ProVenture team of John Keller and Rick Helton represented H3GM in the lease. Buck Haltiwanger, Melissa Liles and William Lyell of Cushman Wakefield Cornerstone...

Cedar Bluff Medical Properties LLC acquired the office property located at 9031 Cross Park Dr. in Knoxville, Tenn. from Stephen Rush for $1.6 million, or about $73 per square foot. The office building totals 21,775 square feet and was constructed in 1992. It is located within the Cedar Bluff / Walker Springs submarket of Knox County. The deal was brokered by Coldwell Banker Commercial Wallace and Wallace Real Estate. Jim Staley represented...

In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. ACC Begins Student Housing Project at Drexel University American...

This week's People of Note includes the following markets: Chicago, Dallas/Fort Worth, Los Angeles, Milwaukee/Madison, New York City, Philadelphia, Pittsburgh, South Florida, Washington, DC. LOS ANGELES Cockrum Joins Lowe Enterprises Investors as SVP By Laurie Forbes Lowe Enterprises Investors hired William M. Cockrum IV as senior vice president to head the company’s marketing and capital raising efforts. He will be based in th

GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement. Send in your Green News Leads to news@costar.com Latest Research on Green Real Estate Now Available

A two-week period of exclusive negotiations between Grubb & Ellis Co. and New York-based financial brokerage BGC Partners expired Tuesday without an agreement, according to a document filed with the U.S. Securities and Exchange Commission. Under the previous agreement, Grubb & Ellis provided an exclusive right to negotiate for BGC Partners, headed by chief executive Howard Ludnick, to pursue a debt or equity financing agreement or acquisition of...