Current Events in the World of Industrial Property

Very Interesting facts and figures on REIT’s from Blue Vault Partners. BLUE VAULT PARTNERS, LLC ANNOUNCES THE RELEASE OF ITS 2010 NONTRADED REIT ANNUAL SUPPLEMENT ATLANTA, Georgia (March 22, 2010) – Blue Vault Partners, LLC has announced the release of its annual supplement highlighting significant events that took place within the publicly registered, nontraded real estate investment trust (REIT) industry in 2009. This annual supplement is provided to all subscribers of the Blue Vault Partners Nontraded REIT Industry Review but is also being made available to the public as an independent...

---

There has been some major buzz the past 3 months in the Commercial Lending sector that debt is AVAILABLE. We have attended a few different seminars in 2010 listening to panels and panels of lenders talk about the amount of capital that they need to deploy here in 2010. The questions is: Where are lenders lending, on what deals and where. We know that debt is not easy to come by even if the lenders are advertising. So what do you do if you are a asset seeking debt that is coming due? The answer is: -National Lenders are Lending on 50% or less LTV at current or forecasted values...

---

Link: JLL: Industrial real estate close to market bottom TUESDAY, MARCH 09, 2010 JLL: Industrial real estate close to market bottom by Chicago Industrial Properties Reports Economic indicators such as trade flows, manufacturing production and consumer sentiment indicate the United States industrial sector is nearing bottom, according to Jones Lang LaSalle’s North America Industrial research report. The 2009 report, which tracks 40 American markets, shows that overall industrial demand remains weak and occupancy losses in many markets during 2009 could prolong the length of the industrial...

---

Link: Online Ad Spending to Surpass Print in U.S. This Year March 8 (Bloomberg) — U.S. advertisers will spend more on digital marketing than on print this year for the first time, boosting overall ad sales, according to research company Outsell Inc. Print will make up 30 percent of total advertising and marketing spending in 2010, compared with 33 percent for digital, Outsell analysts Chuck Richard and Sheila King wrote in a report released today. Last year, print spending accounted for 32 percent of the total, compared with 30 percent for online. Spending on Web sites and other...

---

CALIFORNIA ASSEMBLY BILL 2640: PROPOSED REPEAL OF SECTION 1031 AND OF OTHER NONRECOGNITION PROVISIONS OF THE INTERNAL REVENUE CODE EFFECTIVE JANUARY 1, 2010 California taxpayers who engage in tax-deferred transactions under Section 1031 and other provisions of the Internal Revenue Code should take note of Assembly Bill 2640 (“AB 2640”), introduced last Friday, February 19, 2010. If enacted, AB 2640 would repeal many nonrecognition provisions of the Internal Revenue Code, including Section 1031, for California income tax purposes. The repeal would be effective for taxable years beginning...

---

Link: U.S. Industrial Property Review: Sector outperforms other property types U.S. Industrial Property Review: Sector outperforms other property types It may not be considered the sexiest or most exciting property type, but industrial real estate’s stability and growth opportunities in 2010 put the sector head and shoulders above other types of commercial property. “There was less overbuilding in the industrial sector and overall vacancy is below that of retail and office properties, so fundamentals are better and perhaps more appealing,” says Micheal Palmer, senior managing...

---