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Temple University Student Evan Frisina Selected as Recipient of Scholarship From SIOR Foundation (SIORF)

Evan J. Frisina, student at Temple University Fox School of Business and Management, has earned a $3,000 scholarship awarded by the Philadelphia Regional Chapter of Society of Industrial and Office Realtors and the SIOR Foundation (SIORF) in recognition of his academic excellence at the University. Presentation of the scholarship took place on May 15, 2013, … Continued

New Accounting Rules To Spur Balance Sheet-Friendly Leases

Great post by Kaitlin Ugolik of Law360 on new accounting rules for leased properties. Law360: New Accounting Rules To Spur Balance Sheet-Friendly Leases law360.com Law360, New York (May 28, 2013, 8:05 PM ET) — New rules proposed this month by the top U.S. and international accounting boards that require companies to list all assets and … Continued

Albert’s Organics Finalizes Deal on 70,000 SF Build-To-Suit Project Arranged by Jackson Cross Partners

Jackson Cross Partners, LLC (JCP) has arranged long-term build-to-suit lease on a new facility for Albert’s Organics located at 1155 Commerce Blvd. in Logan Township, NJ. Albert’s Organics is the nation’s leading distributor of quality organically grown fresh produce and perishable items, (including meat, dairy, soy products, juices/beverages, and much more). Scott Dennis, President of … Continued

PHH Mortgage Inks 97,000 SF Lease Deal For New Facility In Buffalo, NY

Jackson Cross Partners, LLC (JCP) today announced that PHH Mortgage Corp. (PHH) has agreed to a lease on a 97,000 SF new build-to-suit facility at 1760 Wehrle Drive in Amherst, NY, with plans to move its soon-to-be-acquired mortgage servicing business currently located in Depew, NY. JCP’s Louis Battagliese and John Morrissey, along with David Schiller … Continued

Whatever Happened To The FASB Lease Accounting Changes?

After much fanfare with the initial Exposure Draft in late 2010, the proposed changes to the Standard for Lease Accounting by the FASB and IASB, seem to have fallen off the radar. Responding to the hue and cry of thousands of comment letters, predictions of economic collapse from the real estate and equipment leasing industries, … Continued