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Rural King Leases 94,374 SF in Mount Vernon
Rural King, a farm supply store based in Mattoon, IL, signed a lease to open a new 97,374-square-foot location within the Knox Village Square neighborhood center, which is currently undergoing renovations, in March 2018, according to CoStar Information...

NKF Names Vodinelic Senior Managing Director/Market Leader
Rob Vodinelic, MAI, MRICS, has been hired by Newmark Knight Frank (NKF) to serve as senior managing director and market leader for the firm's valuation and advisory platforms in Ohio, Indiana and Kentucky. Based in NKF's Columbus, OH office, Vodinelic...

Ping Joins CBRE as EVP of Valuation & Asset Services
CBRE has hired Paul Ping as executive vice president of valuation and advisory services. Based in the firm's Columbus, OH office, Ping will serve as the national director of alternative valuation services. The 34-year industry veteran previously worked...

Pizzuti Cos. Pays $5.4 Million for Giant Eagle Location in Downtown Columbus
Pizzuti Cos. added to its local portfolio with the purchase of a 29,700-square-foot retail building in downtown Columbus, OH fully leased Pittsburgh-based supermarket chain, Giant Eagle. The Columbus-based real estate developer, marketer and manager...

Priam Capital Buys Pair of Office Bldgs. in Columbus
Priam Capital, a Tennessee-based real estate fund, has purchased two office buildings at 1400-1404 Goodale Blvd. in Columbus, OH from CapRocq Core Real Estate. The two low-rise buildings total 80,355 square feet northeast of downtown Columbus in the...

Washington Prime Turning Over Pair of Malls to Lenders; Will Buyback One
Washington Prime Group Inc. (NYSE: WPG) continued its portfolio re-construction agreeing to turn two malls over to lenders but with plans to buyback one of them. It also sold an additional mall and repaid the debt on a fourth. "As previously stated...

ShopOne Centers REIT Launches with 46 Grocery-Anchored Centers
Funds managed by Davidson Kempner Capital Management in New York have launched ShopOne Centers REIT Inc., , a private real estate investment trust focused on acquiring, operating and managing market-dominant, grocery-anchored shopping centers. The...

CoStar Group Announces Pricing of Common Stock Offering
CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar”) announced today that it has priced an offering of 2,884,616 shares of its common stock at a price of $260.00 per share. The company also said it has granted the underwriters in the offering a 30-day option...

New 250,000-SF Spec Project to Break Ground in Columbus Later This Year
A 16-acre parcel owned by private Minneapolis-based light industrial developer The Meritex Co. has been earmarked for the future site of a 250,050-square-foot industrial project slated to break ground later this year in southeast Columbus, OH. Minnesota...

CoStar Market Insights: If Amazon Focuses on Tech and Cost, Pittsburgh May Be Perfect Fit for HQ2
Amazon’s recent announcement that the e-commerce giant will allow cities across the country to compete to host its second headquarters has caused a flurry of activity and speculation. Wherever Amazon lands will surely transform that metro forever, and...

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