January 3, 2007 | Vol. 4 No. 1

01/03/2007 Issue

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Volume 4 - Number 1 | January 3, 2007

TOP STORY: Survey Shows Netherlands Top Distribution Location
By John McCloud
A new survey commissioned by the Paris office of Capgemini Consulting Services and Denver-based ProLogis shows the Netherlands is the region’s most sought after location for distribution centers, with Belgium and Germany close behind.

Fitch Forecasts Moderating Demand for Freight Transport
By John McCloud
With economic growth expected to moderate, Fitch Ratings projects US surface transportation freight demand will continue to soften. The trend, which began in the third quarter of 2006, will vary according to region and by type of transported goods.

Insider: Cresa Partners' Greg O'Brien
By John McCloud
Greg O'Brien is a senior vice president with Cresa Partners LLC in Atlanta and a LEED-accredited broker. He joined Cresa in 2004 as part of an effort to take green-building initiatives to corporate America. IPJ spoke with him about how developers and owners of industrial buildings are adapting to environmental concerns.

Banc of America Securities Downgrades Industrials
By John McCloud
Banc of America Securities LLC (BAS) is shifting its rating on the industrial sector from overweight in 2006 to underweight this year. “We are concerned about slowing demand and rising construction levels in the US,” explains Ross Nussbaum, BAS principal and equity research analyst.

Short Takes: Houston Tests New Container Terminal

Data Points: Industrial Vacancy Rate Keeps Falling

Recent Transactions: Regeneron Inks Deal for New NY HQ

Executive Moves: HSA Hires Calzadilla as Property Manager