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B2B Internet
Whether its buying products, leasing space, or tracking cash, the Internet is swiftly becoming the way real estate companies get their business done. Through online business-to-business (B2B) services, these companies find their transactions cost less and their communications move more rapidly.



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features
elegance Echoes of Elegance
When, in the 1930s, John L. Lewis, leader of the United Mine Workers of America proclaimed, "I have pleaded your case from the pulpit and from the public platform—not in the quavering tones of a feeble mendicant asking alms, but in the thundering voice of the captain of a mighty host, demanding the rights to which free men are entitled," he was speaking on behalf of four million industrial workers.

Still Affordable
Gates Mill Villa formerly in Mayfield Heights, OH, is a popular senior citizens complex. Built in 1972, the 191-unit, eight-story high-rise offers a library lounge, picnic areas, a community room and a full schedule of social programs.

Mega to the Max
Super-regional entertainment and value-oriented mega-malls are the hallmark of the Mills Corporation of Arlington, Va.—one of the fastest growing, publicly traded retail REITs in the nation.



SAM ZELL:
TAKING STOCK

A bumper sticker-free zone

EDITOR'S DESK
H.G. Wells Redux

DEVELOPMENTS
News and trends in REITs and publicly traded real estate

TECHNOLOGY ROUNDUP
Technology keeps moving forward and faster and faster

ONE-ON-ONE
Thomas Hefner of Duke-Weeks is angling for balance in business and life

PROFESSIONAL PERSPECTIVE
A roundtable discussion on U.S. EPA's EnergyStar Program

CAPITAL MARKETS
Finding safe harbors in a stormy market

ACCOUNTING
A common sense framework for financial reporting

NAMES TO NOTE
People making news and moves in the REIT and publicly traded real estate industry

RALPH BLOCK: IN CLOSING
Bears devour complacent investors, while the Bulls climb a wall of worry


Real Estate Portfolio® is the magazine for REITs and real estate investment.

It is published bimonthly by the National Association of Real Estate Investment Trusts® (NAREIT),
1875 I Street, NW, Suite 600, Washington, DC 20006–5413.
Phone 202-739-9400.