March 7, 2007 | Vol. 4 No. 5

03/01/2007 Issue

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Volume 4 - Number 5 | March 7, 2007

TOP STORY: Life Sciences Industry in Turmoil
By John McCloud
BioMed Realty Trust's purchase of the remaining US life science holdings of Lyme Properties represents one pole of the biotech/pharmaceutical market. Pfizer Pharmaceutical Co.'s decision to cut jobs and close plants represents the opposite pole.

Massive California Development Touted As Multimodal Prototype
By John McCloud
An agreement between officials in Victorville, CA and BNSF Railway Co. marks an important step in transforming the Southern California Logistics Airport to a possible prototype for multi-modal and intermodal transportation.

San Francisco Investment Firm Expanding With $250M Fund
By John McCloud
A 44-year-old, family-owned investment company that has focused exclusively on industrial and R&D properties in the San Francisco Bay Area plans to launch an investment fund targeting similar properties along the entire West Coast.

Insider: Colliers International’s John Carver
By John McCloud
The previous issue of IPJ featured the first of a two-part interview with John Carver, executive director of the Los Angeles-based multimodal services group at Colliers International. In this concluding half of the interview, Carver looks at the trends affecting port-related development.

Data Points: Fewer Investors to Increase Real Estate Buying in 2007

Market Beat: Construction Activity

Short Takes: AMB to Boost Development 75% by 2010

Recent Transactions: Meridian Sells Florida Business Park

Executive Moves: Grubb & Ellis Promotes Davidson