In The Pipeline: CoStar Development and Construction News for March 7-13
In this week's edition of In The Pipeline, Forest City's Atlantic Yards mixed-use project is scheduled...
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UBS Renews, Consolidates in Chicago
UBS is extending its stay at One North Wacker Drive in Chicago, also known as the UBS Tower. The Swiss...
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10-Year Plan Indicates Post Office Closures
Faced with a probable $238 billion shortfall over the next 10 years, the United States Postal Service...
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CoStar's Retail News Roundup: Mar. 7 - 13, 2010
This week in the Retail Roundup, CoStar reports on expansions or new concepts at TJX Companies and...
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Elbit Plaza USA Aims to Invest up to $1B in U.S. Retail Real Estate
Elbit Plaza USA, a new real estate investment venture jointly formed by Elbit Imaging and Plaza Centers...
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CBRE Names CFO; Turns Over Reins of Private Client Group
Gil Borok was promoted to chief financial officer of CB Richard Ellis Group Inc. He takes over from Bob...
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Inland Acquires 16-Center Portfolio for $424M
Oakbrook, IL-based Inland Real Estate Acquisitions, Inc., the purchasing arm of The Inland Real Estate...
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Signs of Hope Seen in Investment Sales Activity
Large dollar property sales seem to be emitting faint sparks of hope for the commercial real estate outlook...
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By The Numbers: Commercial Developers Off to A Rough Start in 2010
Commercial real estate development and construction activity continued to plumb new depths in 2010, according...
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Retailers Expected to Close Fewer Stores in 2010
Add store closings to the list of categories where 'less bad' has become the 'new good.'
The International...
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General Growth Granted Extension to File Reorganization Plan
U.S. Bankruptcy Court Judge Allan Gropper granted General Growth Properties an additional 120-day exclusive...
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Lease Up/Lease Down (Feb. 28 - Mar. 6): Hummer: Stalling Out for Good?
CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease...
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CMBS Outlook: Multifamily Still Stressed; Retail Half Way There
While multifamily vacancy rates are expected to stabilize in certain markets, Fitch Ratings' outlook...
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Bank Watch: Pacific Western Bank Sells $324 Mil. of Impaired Loans
Pacific Western Bank in San Diego, CA, sold 61 non-covered adversely classified loans totaling $323.6...
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LaSalle Invests $95M in Sofitel Washington
LaSalle Hotel Properties, a Bethesda, MD-based hotel REIT, purchased the Sofitel Washington, DC Lafayette...
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Peerless Industries Consolidating International Operations
Peerless Industries is consolidating operations, inking a full-building lease just west of Chicago. The...
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Equity One May Acquire Liberty International's $560M U.S. Retail Portfolio
Liberty International Plc, the largest owner of shopping centers in the U.K., is considering selling...
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Blockbuster Shuttering Up to 545 Stores During 2010
Keeping with the ongoing contraction of the traditional movie rental retail business, Blockbuster Inc...
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CBRE Investors Buys East End Apts. for $100.5 Million
Los Angeles-based CB Richard Ellis Investors purchased the Mass Court apartments at 300 H St. NW in Washington...
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Distressed CRE Assets Jump 15% at Nation's Banks
The amount of distressed commercial real estate assets on the books of the nation's banks and thrifts...
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General Growth Cuts Deal With Brookfield in Bid to Exit Bankruptcy
General Growth Properties (OTC: GGWPQ) is attempting to head off a hostile $10 billion takeover by Simon...
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Sen. Dodd: CRE Problems Require 'Prompt and Robust' Action By Regulators
Concern continues to mount in Congress about the potential impact of weak commercial real estate markets...
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Lease Up/Lease Down (Feb. 21-27): Largest U.S. Office Lease in Two Years
CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease...
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Kennedy Wilson Completes Largest Buy in its History - A Loan Portfolio
International real estate investment and services investment firm Kennedy Wilson has acquired a $342...
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Starwood Buying a Half Billion Dollars in Performing Loans from Teachers
Starwood Property Trust agreed to acquire a $503 million portfolio of performing commercial mortgages...
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Bank Watch: Citizens First: Squeezing and Being Squeezed
In an attempt to hang on to every penny Citizens First Bancorp Inc., the Port Huron, MI-based holding...
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