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CoStar's People of Note (Nov. 15-21)
This week's People of Note includes the following markets: Hartford, Los Angeles, New York City and Westchester/South Connecticut. LOS ANGELES Lee Opens Long Beach Branch; Names Gill Pres. Lee & Associates officially opened its office in Long Beach...

Lease Up/Lease Down (Nov. 15-21): Bioscience, Cleantech Sectors Spur Job Growth
News of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers has been consolidated into Lease Up/Lease Down. Look to Lease Up/Lease Down every week for valuable information that can be used as a source...

Local Developer Pays $6.3M for The Metropole
The Cincinnati Center City Development Corp., also known as 3CDC, acquired The Metropole, a multifamily building 609 Walnut St. in Cincinnati, OH, from 609 Walnut LP for $6.25 million, or approximately $27,174 per unit. The nonprofit development corporation...

Direction Research Pays $2.4M for Flatiron Bldg.
Direction Research Inc. bought the Flatiron Building at 401 E. Court St. from local investors using the investment entity Tristar LP for $2.4 million, or about $52 per square foot. The buyer, a marketing research firm, occupies about 80 percent of...

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...

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...

CoStar's People of Note (Nov. 8-14)
This week's People of Note includes the following markets: Cleveland/Northern Ohio, National, San Francisco, Washington, DC. WASHINGTON, DC Former Grubb Exec To Head New Avison Young DC Office As part of its plan to expand into the United States...

American Foods Buys 2 Industrial Bldgs. for $6.3 Million
American Foods Group bought two industrial buildings in the Kiesland Crossroads complex on East Kemper Road in Cincinnati from WelshInvest for $6.25 million, or about $53 per square foot. The buyer is a tenant in the smaller of the two buildings, the...

Lease Up/Lease Down (Nov. 8-14): Layoffs: A Sprint to the Bottom Line
News of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers has been consolidated into Lease Up/Lease Down. Look to Lease Up/Lease Down every week for valuable information that can be used as a source...

CA Investor Buys Glenway Avenue Property for $2.1M
Peter Kraus, a private investor from California, purchased the retail building at 4224 Glenway Ave. in Cincinnati from BDTR Properties Cincinnati OH LLC, an Alabama-based company, for $2.08 million, or about $131 per square foot. It was a triple-net...