NEW YORK CITY-US investors have taken an interest in the area in part because New Zealand does not pose restrictions on real estate purchases by foreigners and property income yields are higher there than in other Asian countries.

NEW YORK CITY-The acquired firms own 25 properties in 15 states and produce net rental revenue of more than $15 million. Their tenants include Wall Mart, Cox Communications, Nextel Finance and Hewlett Packard.

NEW YORK CITY-Third-quarter highlights include sales-leasebacks and build-to-suit transactions amounting to $95 million. The firm also sold three AutoZone stores and four Payless ShoeSource outlets.

NEW YORK CITY-The 18-year sublease for office space in the Buchmann Tower keeps the company near its flagship Fifth Avenue retail outlet. Tiffany & Co. is a neighboring tenant.

NEW YORK CITY-The availability rate in the Financial District fell by more than half, rents moved above $40 per sf in Times Square South and leases in the Hudson Square/Tribeca submarket quadrupled to 1.07 million sf over the last year.

NEW YORK CITY-Along with television studios and 203 condominiums, the complex will feature a 249-room luxury hotel, a 1,000-seat concert hall, 193,000 sf of class A office space and 364,000 sf of retail space.

LOS ANGELES-Blum Capital Partners and an investor group that includes CB Richard Ellis CEO Ray Wirta, other company officials and Freeman Spogli & Co. have offered $15.50 per share for the outstanding common stock.

NEW YORK CITY-This network caching service guarantees to offload a minimum of 30% of an ISP's Web traffic or else there is no charge. It is said to increase download speeds by 438% and produce 84% fewer network errors.