®

USDA Takes 330,000 SF in SW Washington, DC
The U.S. Department of Agriculture will occupy 330,000 square feet at Patriots Plaza III, a new office property at 355 E St. SW in Washington, DC. The U.S. General Services Administration inked the long-term deal on behalf of the USDA, which is consolidating...

Chinese Solar Power Giant Building First U.S. Plant
Suntech Power Holdings Co. Ltd., said last week that it is planning its first manufacturing plant in the United States. The solar power energy giant has selected the Greater Phoenix region for the new facility. With the announcement, Suntech becomes...

Comcast Leases 106,300 SF in Jacksonville
Comcast of Greater Florida/Georgia Inc. signed a 106,253-square-foot office lease that will move its Jacksonville, FL, headquarters to Deerwood North business park. The cable, entertainment and information products company will occupy floors one, two...

Medical Research Center to Ignite Virginia with 415 Jobs
Biomedical research is heating up in Fairfax County, VA, as The Ignite Institute begins scouting locations for its forthcoming facility. The $200 million nonprofit research center is poised to create about 415 new jobs over a five-year period. Headed...

In The Pipeline: CoStar Development and Construction News for Nov. 15-21
In this week's issue, TMG Partners and The Related Cos. have been tapped as master developers for a $1 billion 77-acre mixed-use project in the S.F. Bay Area; Seavest Inc. and its JV partner are developing two medical office buildings on the new campus...

TMG Partners, Related Cos. To Master Develop $1 Bil. NASA Research Park
A university consortium has selected TMG Partners and the Related Cos. as master developers for a $1 billion 77-acre mixed-use project for education and research at the NASA Research Park in Moffett Field in the South San Francisco Bay Area. University...

CoStar's Retail News Roundup: Nov. 15-21, 2009
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Apple and Urban Outfitters; closings, cutbacks, defaults, or bankruptcy news at Trans World, InkStop, and Hacketts; acquisition, merger, loan, sale, or IPO activity at...

UPDATE: Chapter 7 Liquidation Follows InkStop's Abrupt Close of All 152 Stores
In Chapter 7, InkStop Retail Chain to Liquidate, published 11/15/09 Warrensville Heights, OH-based printer ink and toner chain, InkStop, abruptly closed all of its 152 stores on October 1, 2009. At the time, the company said the closures were temporary...

William Blair Extends 324,700-SF Lease Through 2017
In one of the largest office leases in Chicago this year, William Blair & Co., an investment firm, inked a 324,700-square-foot lease extension that will keep it at the Franklin Center through August 2017. A joint venture that includes the Australia...

$84M Gets Volkswagen the Potamkin General Motors Building in Manhattan
The Volkswagen Group of America has closed on its acquisition of the Potamkin General Motors building and car dealership, located at 798-804 11th Avenue in Manhattan, for $84 million, according to CB Richard Ellis. According to CoStar Property, the...