Volume 65 • Number 5 • 816th Issue • June 2010
FEATURES
18 ForumLocal:
Southern California
The Right Connections
New mass transit systems are generating
opportunities that will represent a huge
share of the region’s development in years
to come
By Bob Howard
35 No Longer Niche
With investors getting less bang for
their buck in core product types, many are
finding growth in alternative strategies
By Alyson Grala and Paul Bubny
41 Special Focus
Distress & the Glacier Effect
Ernst & Young’s distress practitioners
measure the troubled waters to predict
when real opportunity will finally arrive
26
26 Cover Story
Staying True to
Guiding Principles
Voit Real Estate Services remains true to
its founder’s vision nearly 40 years ago as
it pushes forward through the downturn
By Natalie Dolce
45 5 Questions for...
Grubb & Ellis’ Tom D’Arcy
The new president and CEO shares his
views of the market and his plans for
the company
From left: Brian Malliet, COO and managing partner;
John Strockis, executive managing director, asset services;
and Robert Voit, founder, CEO and managing partner.
30 The Public Option
What started as a defensive move last year
is shifting into a high-gear opportunity play
By Sule Aygoren Carranza
and Erika Morphy
46 Building Services
Resource Guide
NEWS FRONT
8 International
Investors contemplate the benefits of
Brazil’s social housing program
10 National
Wells Fargo, LNR Property Corp. to dispose
of distressed assets
12 Northeast
NY universities’ expansion plans face
hurdles
13 Mid-Atlantic
In Philadelphia, time is ticking for
warehouse buyers
14 Southeast
Big chill eases for South Florida
apartment investors
15 Midwest
Midwest’s tenant market creates work,
but will it last?
16 Southwest
Multifamily on the mend in the Valley
of the Sun
17 West
Retail challenges in San Jose pave way
for opportunity
44 Advertisers Index
COLUMNS
4 Editor’s Page
Back From the Brink
By Sule Aygoren Carranza
12 Slow Growth Ahead for Boston’s
Office-Using Jobs
By Rick Cleveland
15 Buyers Getting Off Sidelines
For Midwest Deals
By Shawn Mobley
8 Occupancy Costs Trend Down Globally
By Dino Piccini
13 Multifamily Has a Bright Future
By Sharon Dworkin Bell
16 Seeking Trash and Treasure
In the Southwest
By Rusty Tamlyn
10 Stock Dividend Option Provides
Safe Harbor for REITs
By Kenneth Weissenberg
14 Experiences Trump Recession
In the Southeast
By Byron Carlock
17 Growing Capital Availability Spurs
Transaction Volume
By Guy Johnson
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