CPN - December 2008 - (Page 3) CONTENTS December 2008 Exclusive on the Web www.cpnonline.com I Words of Wisdom: Award winners offer advice I Deal Tracker: Top deals in primary markets I Expert Opinions: Guest columnists weigh in Photo Credit: Jeff Klein FEATURE Leading the Charge CPN’s 2008 Executive of the Year Award winners persevered through an increasingly difficult market. Webcast www.cpnonline.com/ economicwebcast Insights from leading economists 16 A sampling of CPN’s 2008 Executive of the Year Award winners and honorees: (clockwise from top left) Pamela Herbst, Sally Wilson, Ron Pressman, Eric Anton, John Cushman III, Bruce Mosler, Mark Rauenhorst and Gordon DuGan. 4 Starting Line CPN TV I Roundtable: Three of CPN’s 2008 Executive of the Year Award winners I CEO Series: Cushman & Wakefield chairman John Cushman III BUZZWORTHY 8 Retail 6 MARKET INTELLIGENCE Retailers are cutting back or closing and REITs are suffering—and it is only likely to get worse. CPN Radio 8 I Conference Series: Interviews from CPN’s New York Investment and Washington, D.C., Property Opportunities events I Mondays: economic indicators I Tuesdays: property sectors I Wednesdays: industry trends I Thursdays: related sectors I First Wednesday Each Month Marc Heisterkamp’s Green Building Update I Second & Fourth Wednesday Each Month RICS Americas’ International Property Insight Report I Second Thursday Each Month Real Tech with Peter Boritz 11 Data/Analysis Retail sales drop 80 percent, apartment absorption is forecast to decrease by almost 80 percent and new development is not likely to trend upward for 12 to 18 months. 12 Conferences New York City is suffering from financial firms’ difficulties, but projected job losses are historically favorable and population is expected to grow. Plus, leaders evaluate the economic situation at the DLA Piper conference. 14 22 14 Boston Market Profile The office market finds strength in tenant diversity, and investment sales are occurring, too. 16 INDUSTRY PULSE 20 Finance Loan servicers find ways to benefit from a tough financing market. REal Talk with CPN www.cpnmhn.typepad.com/cpn Blog on trends, news and views. 22 International Costa Rica is speeding ahead, but its infrastructure could get in the way. 24 Property Management Tough times give rise to cost-cutting and profit-making opportunities. 24 RESOURCES GUIDE For the Advertiser Index, Web Services Directory, Editorial Index and Marketplace, see page 26. CPN Commercial Property News (ISSN 1042-1675; USPS 003-611) Vol. 22, No. 14, December 2008—Commercial Property News, (ISSN 1043-1675) is published monthly by Nielsen Business Media, 770 Broadway, New York, NY 10003-9595. U.S. subscriptions, $140 per year. All Canadian and Mexican subscriptions, $176 per year. Canada Post Publications Mail Agreement No: 40031729. Foreign subscriptions, $325 per year. Single copies, $10. Major credit cards accepted; call 1-800-562-2706. Periodicals postage paid at New York, NY, and additional mailing offices. Postmaster: Send all address changes to: CPN Commercial Property News, P.O. Box 2140, Skokie, IL 60076-7840. www.cpnonline.com • December 2008 • COMMERCIAL PROPERTY NEWS 3 http://www.cpnonline.com http://www.cpnonline.com/economicwebcast http://www.cpnonline.com/economicwebcast http://www.cpnmhn.typepad.com/cpn http://www.cpnonline.com
Table of Contents Feed for the Digital Edition of CPN - December 2008 CPN - December 2008 Contents Starting Line Retail Data/Analysis Conferences Boston Market Profile Finance International Property Management CPN - December 2008 CPN - December 2008 - CPN - December 2008 (Page Cover1) CPN - December 2008 - CPN - December 2008 (Page Cover2) CPN - December 2008 - Contents (Page 3) CPN - December 2008 - Starting Line (Page 4) CPN - December 2008 - Starting Line (Page 5) CPN - December 2008 - Starting Line (Page 6) CPN - December 2008 - Starting Line (Page 7) CPN - December 2008 - Retail (Page 8) CPN - December 2008 - Retail (Page 9) CPN - December 2008 - Retail (Page 10) CPN - December 2008 - Data/Analysis (Page 11) CPN - December 2008 - Conferences (Page 12) CPN - December 2008 - Conferences (Page 13) CPN - December 2008 - Boston Market Profile (Page 14) CPN - December 2008 - Boston Market Profile (Page 15) CPN - December 2008 - Boston Market Profile (Page 16) CPN - December 2008 - Boston Market Profile (Page 17) CPN - December 2008 - Boston Market Profile (Page 18) CPN - December 2008 - Boston Market Profile (Page 19) CPN - December 2008 - Finance (Page 20) CPN - December 2008 - Finance (Page 21) CPN - December 2008 - International (Page 22) CPN - December 2008 - International (Page 23) CPN - December 2008 - Property Management (Page 24) CPN - December 2008 - Property Management (Page 25) CPN - December 2008 - Property Management (Page 26) CPN - December 2008 - Property Management (Page Cover3) CPN - December 2008 - Property Management (Page Cover4)
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