News from TRANSWESTERN A wide array of domestic and global news stories; news topics include politics / government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages, as well.

Aug 06, 2014, 07:00 ET
Transwestern's Roger Vasquez discusses initiatives at Pennzoil Place that cut energy cost by $2.2 million (PRNewsFoto/Transwestern)

40-Year-Old Building Cuts Energy Cost By $2.2 Million

 Houston's iconic Pennzoil Place, originally constructed in 1975, has implemented a number of strategies to cut energy costs by $2.2 million...

Aug 06, 2014, 07:00 ET
Transwestern's Mike McLain, chief accounting officer, outlines the proposed changes to lease accounting standards and advises businesses on steps to take now to prepare. (PRNewsFoto/Transwestern)

3 Proposed Changes To Lease Accounting Standards And How Businesses Should Prepare Now

 While lease accounting standards have been under review for a number of years, it is imperative that businesses start preparing now for the...

Aug 04, 2014, 13:06 ET
Commercial real estate sales are up 13.5 percent as yield-starved investors continue chasing returns, according to the August edition of "the BRIEFING" report, compiled by Transwestern. (PRNewsFoto/Transwestern)

Commercial Real Estate Sales Up 13.5 Percent As Yield-Starved Investors Continue Chasing Returns

The U.S. economy continues to trudge ahead, while yield-starved investors still flock to commercial real estate, according to the August edition of...

Jul 31, 2014, 12:28 ET
Eric Johnson has been promoted to the newly created position of Executive Managing Director of Transwestern's National Healthcare platform (PRNewsFoto/Transwestern)

Transwestern Names Eric Johnson As Executive Managing Director Of National Healthcare Platform

 Transwestern's headquarters today announces Eric Johnson has been promoted to the newly created position of executive managing director of the...

Jul 30, 2014, 07:00 ET

Normandy Real Estate Taps Transwestern to Lease 352,000 SF Park Place Complex in Florham Park, NJ

Transwestern today announces it has been selected as the exclusive leasing agent for Park Place in Florham Park, New Jersey. The 30-acre, premier...

Jul 16, 2014, 10:51 ET

Transwestern Awarded Leasing And Management Of 2.2 Million SF Trophy Office Complex In Detroit

 Transwestern today announces it has been retained for the leasing and management of Southfield Town Center in Southfield, Michigan. The...

Jul 10, 2014, 11:15 ET

Greater Boston Office Market Records 5th Straight Quarter Of Positive Absorption

 Greater Boston's commercial real estate office market maintained its strong pace, closing a fifth straight quarter of positive absorption,...

Jul 09, 2014, 19:15 ET
Urban Land Institute Houston chapter appoints Transwestern Development Co. President Carleton Riser as Council Chair (PRNewsFoto/Transwestern Development Company)

Urban Land Institute Houston Chapter Appoints Transwestern Development Co. President Carleton Riser as Council Chair

Transwestern Development Co. today announces the Urban Land Institute (ULI) has appointed President Carleton Riser as its Houston District Council...

Jul 08, 2014, 18:08 ET
Transwestern Development Co. breaks ground on Westway Plaza, a five-story office project in Houston. General Electric has pre-leased 150,000 square feet of the 312,000-square-foot building. Westway Plaza will be ready for occupancy in the second quarter of 2015. (PRNewsFoto/Transwestern Development Company)

Transwestern Development Co. Breaks Ground on 312,000 SF Office Project in West Houston

 Transwestern Development Co. today announces construction has commenced on Westway Plaza, a five-story office project located at the northwest...

Jul 02, 2014, 11:50 ET

Transwestern Awarded Management Of Landmark Mixed-Use Development

 Transwestern today announces it has been awarded the property and facilities management for CityLine, a 186-acre, mixed-use project being...

Jul 01, 2014, 07:00 ET

Transwestern Brokers Nearly 700,000 Square Feet Of Industrial Leases In South Florida, Puerto Rico

 Transwestern's Miami office today announces it completed nearly 700,000 square feet of industrial lease transactions in the first half of 2014...

Jul 01, 2014, 07:00 ET
Tommy Van Zandt (front) with his wife, Robyn (far left), and the "Tommy's Nite Out - The Reunion" event co-chairs, (L-R) Kim Butler with Hall Financial, Randy Garrett and Jack Eimer, both with Transwestern. "Tommy's Nite Out - The Reunion" raised nearly $265,000 to benefit the Van Zandt Family Trust, which covers the extensive medical care required by Tommy Van Zandt, who suffered a tragedy in 2009 leaving him a quadriplegic. (PRNewsFoto/Transwestern)

Dallas Real Estate Community Raises $265,000 For Injured Transwestern Professional

 Transwestern's Dallas office today announces nearly $265,000 has been donated to the Van Zandt Family Trust, benefiting former Transwestern...

Jun 26, 2014, 07:00 ET
Steve Purpura has been named market leader for Transwestern's Northeast region, spanning New York, New Jersey, Massachusetts and Connecticut. Under Purpura's leadership, the firm will extend its intensive client-first approach throughout the Northeast as Transwestern expands its agency leasing, property and facilities management, tenant advisory, capital markets, research and sustainability services. Over the last 12 years, Purpura and his partners successfully built a market-leading, highly competitive brokerage firm in Boston - Richards Barry Joyce & Partners LLC - which was acquired by Transwestern in fourth-quarter 2013 and rebranded as Transwestern|RBJ. (PRNewsFoto/Transwestern)

Purpura Takes Reins - Named Transwestern's Northeast Market Leader

Transwestern today announces Steve Purpura has been named market leader for the Northeast, spanning New York, New Jersey, Massachusetts and...

Jun 24, 2014, 07:00 ET

Three Lease Deals Bring 120 And 150 Presidential Way In Woburn, Mass. To 95 Percent Occupancy

Transwestern | RBJ today announces the firm brokered three leases on behalf of National Development at MetroNorth Corporate Center, located at 120...

Jun 23, 2014, 07:00 ET
Eric Mockler, executive vice president, outlines three ways property management has evolved to positively impact a building's bottom line in Transwestern's "Ask the Expert" second-quarter edition. (PRNewsFoto/Transwestern)

3 Ways Property Management Has Evolved To Positively Impact A Building's Bottom Line

 The expectations for a property management team have evolved over the last several years as building owners' requirements have expanded,...

Jun 23, 2014, 07:00 ET
Randy Cone, senior vice president of Transwestern's facility management services, outlines three technologies empowering facilities management teams to provide improved client service in Transwestern's "Ask the Expert" second-quarter edition. (PRNewsFoto/Transwestern)

3 Technologies Empower Facilities Management Teams To Provide Improved Client Service

 An efficient facilities management team can produce thousands of dollars in savings for business, and new technologies are empowering...

Jun 10, 2014, 06:30 ET
Conflicting economic indicators elicit concern that the recovery is in a stall, according to "the BRIEFING" report compiled by Transwestern. (PRNewsFoto/Transwestern)

Experts Foster Growing Concern Of A Stalled Economic Recovery Despite Positive Jobs Report

Despite a very positive employment report in April, there is growing concern that the recovery is in a stall, according to the June edition of "the...

May 28, 2014, 13:54 ET
Transwestern Development Co. has purchased a 74-acre site outside of Houston for a 1.2 million-square-foot industrial park. The firm will break ground in mid-July on phase one of West Ten Distribution Center, which consists of two speculative industrial buildings totaling 415,296 square feet. The two buildings have an expected delivery date in the second quarter of 2015, leaving approximately 42 acres for future development. (PRNewsFoto/Transwestern Development Company)

Transwestern Development Co. Purchases Land for 1.2 million SF Industrial Project in Katy, Texas

 Transwestern Development Co. today announces it has purchased a 74-acre site in West Ten Business Park on Interstate 10 at Cane Island...

May 27, 2014, 17:00 ET
Steady job growth and the Federal Reserve's decision to taper its quantitative easing policy are expected to reduce uncertainty. Each edition of "Insights + Trends + Opportunities" features a review of the economic impact on commercial real estate and valuable information for commercial property owners, investors, tenants and developers. (PRNewsFoto/Transwestern)

Steady Job Growth and Federal Reserve's Tapering of Quantitative Easing Expected to Reduce Uncertainty

 Given that employment is the principal driver of demand for commercial real estate, its comparatively slow growth during this recovery cycle...

May 21, 2014, 08:00 ET

Parkway Properties Awards Transwestern Leasing of Two-Building Miami Office Complex Courvoisier Centre

 Transwestern's Miami office today announces the firm has been awarded the exclusive leasing assignment for Courvoisier Centre, a...