House panel OKs 40% cut in commercial property taxes
An Iowa House committee approved a bill Wednesday night that would slash commercial property taxes by 40 percent over eight years, while providing hundreds of millions of dollars in state money to backfill lost property tax revenues to school districts, cities and counties.

Griffin-American Healthcare REIT II Acquires Medical Office Buildings in Florida, Georgia and South Carolina
NEWPORT BEACH, Calif., Feb. 2, 2012 /PRNewswire/ -- Griffin-American Healthcare REIT II (formerly known as Grubb & Ellis Healthcare REIT II) announced today that it has acquired three medical office buildings ...

Lawmaker: Shine light on who is managing state buildings
SPRINGFIELD — A suburban lawmaker cited felon William Cellini’s business “empire” Thursday in pressing to end decades of state-sanctioned secrecy surrounding how much Cellini’s family makes managing government office buildings.Driven by stories in the Chicago Sun-Times, state Sen. Susan Garrett (D-Lake Forest) called on the state Procurement Policy Board to pursue legislation that for the first ...

Buildings built after 2005 can withstand magnitude 8 quakes, says OBO
THE Cebu City Office of the Building Official (OBO) admitted that some buildings in the city are vulnerable to strong earthquakes. Acting Building Official Josefa Ylanan pointed out that even in Japan, where advance technology is used in construction projects, some buildings are still not stable enough to withstand strong earthquakes.

Griffin-American Healthcare Acquires Trio of Medical Office Buildings
PALM BEACH, FL—The demand for medical office buildings in the Southeast remains strong. Griffin-American Healthcare REIT II —formerly known as Grubb & Ellis Healthcare REIT II—just snapped up a trio of medical office buildings across three Southeastern states for $25.1 million.

Landlords using carrots to lure office tenants
Landlords are offering free rent and "generous" renovation allowances to lure tenants into empty office buildings in Richmond, where the vacancy rate is three times higher than Metro Vancouver's.

Cops Nab the Alleged "Office Creeper"
Man suspected of stealing thousands from office buildings in multiple states is caught in New Jersey.

Inovateus Solar opens office at Innovation Park
SOUTH BEND -- South Bend-based Inovateus Solar has opened a satellite office in Innovation Park at Notre Dame.