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In The Pipeline: CoStar Development and Construction News for Feb. 7-13
In this week's Pipeline, George Smith Partners is close to finalizing that rarest of transactions in today's soft market -- a construction loan for new development on the Westside of Los Angeles. Meanwhile, to the east of L.A. in the Inland Empire, Skechers USA takes another step toward developing a 1.8 million-square-foot distribution center in Moreno Valley, CA. In Leesburg, VA, Cypress Equities and Kettler...
CoStar's Retail News Roundup: Feb. 7-13, 2010
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Casual Male, Coach...
Global Law Firm Signs 102,000-SF Lease in Washington, D.C.
Fried, Frank, Harris, Shriver & Jacobsen LLP is relocating its Washington, D.C. office, leasing 102,000...
Hill Country Galleria Sold at Bankruptcy Auction for $75M
Chicago-based REIT Management & Research is the new owner of Hill Country Galleria, a 1.28 million-square...
Battered Industrial Property Sector Poised to Resume Growth
The amount of empty warehouse, distribution and flex space hitting the market contracted again sharply...
Lease Up/Lease Down (Jan. 31 - Feb. 6): Exploring Possibilities: Ford Adding 1,200 Jobs in Chicago
CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease...
Optimism Trumps Gloom at MBA Real Estate Finance Conference in Glitter City
More than 2,000 commercial and multifamily real estate professionals attended the Mortgage Bankers Association...
Forecasted Growth in Retail Franchise Stores May Fuel Demand
Where will demand for retail real estate come from in 2010? One area increasingly viewed as a potential...
Threatened Legal Action Over NYC Rent Control Likely to Roil CMBS Market
Another half a billion dollars in CMBS debt looks even weaker this week after New York Attorney General...
Aussie REIT Negotiating for U.S. Office Portfolio
Real Estate Capital Partners USA Property Trust (RECP), a REIT based in Sydney, Australia, has conditionally...
Bank Watch: Regulators Close Four Banks
The Office of the Comptroller of the Currency closed the First National Bank of Georgia in Carrollton...
Rufrano Named CEO of Cushman & Wakefield
Cushman & Wakefield said Tuesday that Glenn Rufrano has been appointed as the firm's new president and...
Real Money (Feb. 4): Capital Raisings, Property Financings
Simon Property Group Inc. agreed to sell $2.25 billion of its senior unsecured notes in an underwritten...
Movie Gallery Files Bankruptcy, Closing 800+ Stores
Late Tuesday night, the country's second largest movie rental chain, Movie Gallery, brought to fruition...
In The Pipeline: CoStar Development and Construction News for Jan. 31-Feb. 6
This week, CoStar reports that Jones Lang LaSalle has landed a contract to provide development services...
Colgate-Palmolive Signs for 744,331 SF in Metro Atlanta
Colgate-Palmolive, a maker of household and personal care products, signed a 744,331-square-foot lease...
CoStar's Retail News Roundup: Jan. 31 - Feb. 6, 2010
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Starbucks, Meijer...
A&B Properties Completes $81M in Retail Sale Transactions
A&B Properties, the real estate subsidiary of Honolulu, HI-based Alexander & Baldwin, closed on the...
In a Surprise, Office Market Posts Unexpectedly Good Results
Even though the overall number of U.S. jobs continued to disappear through December of last year, the...
Investor Focus: Hotels Poised for Picking?
Private equity firms and corporations seemed poised to take advantage of opportunities in the distressed...
Banks Report Slowing CRE Loan Charge-Offs
A number of major regional banks reported a general slowing in the rate of deterioration of their commercial...
Positive Outlook for Retail Real Estate Tempered by Ongoing Market Correction
Reporting on the major trends that took place in retail real estate in 2009, and expectations for the...
Avon North America Relocating to 777 Third Ave.
Avon Products is relocating its North America unit to 777 Third Ave. in Manhattan. The global beauty...
Lease Up/Lease Down (Jan. 24-30): Disconnecting the Landline: Verizon to Cut 13,000 Jobs
CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease...