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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...

Bank Watch: U.S. Steps Up Efforts To Seize Iran-Controlled Bank Melli's U.S. Properties
The United States Attorney for the Southern District of New York is looking to take over control of the 36-story, 336,000-square-foot 650 Fifth Ave. high-rise in Midtown Manhattan, as well as other properties across the country, together totaling hundreds...

OCB Properties Pays $1.3M for Houston Industrial Site
OCB Properties Ltd., a Houston-based property investment firm, acquired 23.2517 acres in Houston from Robert McDonald and Jean Slay for $1.27 million, or $50,642 per acre. The buyer plans to develop the site into an industrial and distribution center...

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...

Excel Renews Lease for 422,496 SF in Houston
Excel Inc., a supply chain management company, inked a renewal for two separate industrial buildings at 8833 Citypark Loop totaling 254,765 square feet and 8609 Citypark Loop totaling 167,731 square feet. The two Class B industrial buildings are in...

UTMB Medical Opens New Location in League City
The University of Texas Medical Branch, a Texas-based university, signed a 15,000-square-foot lease at 1600 League City Parkway in League City, TX. UTMB Medical will join UTMB Oral in the new 24,000-square-foot Brittany Bay Center built earlier this...

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...

Houston's Bank of America Center Earns LEED Gold
M-M Properties' Bank of America Center at 700 Louisiana St. in Houston earned the U.S. Green Building Council's LEED® for Existing Building, Operations and Maintenance Gold Certification, which is the second highest level of certification. The 56...

American Spectrum Realty Promotes McGrath
American Spectrum Realty Inc. promoted Bill McGrath to director of operations in its Houston office. McGrath joined American Spectrum in 2000 as a regional asset manager and leasing representative with a focus on marketing, multifamily re-development...