INDIANAPOLIS-Listing broker Bill Tourtellotte of GMH Capital Partners tells GlobeSt.com the original buyer fell out very late in the game, leaving the ultimate buyer just seven days to complete due diligence and close the deal.

INDIANAPOLIS-Listing broker Bill Tourtellotte of GMH Capital Partners tells GlobeSt.com the original buyer fell out very late in the game, leaving the ultimate buyer just seven days to complete due diligence and close the deal.

TOKYO-Six years after acquiring a 20% interest in Ikoma, one of the largest real estate services firms in Japan, CB Richard Ellis increases its stake to 51%. The head of CBRE's Asia Pacific region tells GlobeSt.com that from a property services and capital investment perspective, Japan is the emerging market alternative to New York and London.

TOKYO-Six years after acquiring a 20% interest in Ikoma, one of the largest real estate services firms in Japan, CB Richard Ellis increases its stake to 51%. The head of CBRE's Asia Pacific region tells GlobeSt.com that from a property services and capital investment perspective, Japan is the emerging market alternative to New York and London.

PORTLAND, OR-Net office absorption nationwide is expected to total 80 million sf in 2006, pushing up asking rates. Locally, the average annualized asking rent for CBD Class A office space is projected to gain more than $3 per sf per year.

SAN MATEO, CA-The locally headquartered multi-tenant office REIT has four property sales pending that will complete an effort to concentrate its portfolio on the East and West coasts.

SAN MATEO, CA-The locally headquartered multi-tenant office REIT has four property sales pending that will complete an effort to concentrate its portfolio on the East and West coasts.

ST. LOUIS-One of this area's largest commercial real estate firms becomes an affiliate of Grubb & Ellis Co. Gundaker's brokerage division, which now will carry the G&E name, has 26 brokers and about $300 million in current listings.