East West Commercial Real Estate

Blackstone’s Second-Quarter Profit Rises 13% as Real Estate Holdings Gain
Blackstone Group LP , the world’s biggest buyout firm, said second-quarter earnings rose 13 percent as the value of some real-estate holdings gained.

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Signs of slow recovery noted in mid-year report
The overall New Jersey commercial real estate market, while still somewhat colorless, is moving slowly toward an economic upgrade, according to Cushman & Wakefield Inc.’s mid-year research findings.

Read more on The Record and Herald News

Two Colorado Springs commercial brokerages announce merger
Two familiar names in Colorado Springs commercial real estate have joined forces. NAI Highland Commercial Group, a 26-year-old commercial brokerage, and John Egan, a retail specialist and owner of Southwestern Commercial Properties, said Wednesday…

Read more on Colorado Springs Gazette

Business news briefs
The metropolitan Pittsburgh commercial real estate market appears to be faring better than the nation overall. This year’s first-half sales volume of $395.8 million represents the first year-over-year increase in commercial dollar activity in five years and a jump of 54 percent over last year, according to RealSTATs, a local real estate information service.

Read more on Pittsburgh Post-Gazette