11/20/2009
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...

11/18/2009
Garden Grove Industrial Sells for $1.2M
The Boiling Crab purchased the industrial building at 12161 Mariners Way in Garden Grove, CA, from Patrick Racing for $1.2 million, or $132 per square foot.
The 9,093-square-foot building delivered in 1979. The buyer will occupy the entire space....

11/18/2009
Anaheim Industrial Sells for $3.8M
US Union Tool has purchased the industrial building at 1260 N. Fee Ana St. in Anaheim, CA, from Integrated Media Systems for $3.75 million, or approximately $135 per square foot.
The 27,796-square-foot warehouse building was built in 2001. The buyer...

11/18/2009
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...

11/18/2009
Tustin Office Condo Nets $1.2M
A private trust purchased a 6,083-square-foot office condo in the Pacific Office Plaza in Tustin, CA, for $1.2 million, or about $200 per square foot, from Werdin Corp.
The office building at 1432 Edinger Ave. was constructed in 2007 and totals 28...

11/18/2009
Costa Mesa Office Bldg. Trades for $1.1M
A private party purchased the office building at 2314 Newport Blvd. in Costa Mesa, CA, from a private seller for $1.1 million, or about $315 per square foot.
The 3,350-square-foot office building completed construction in the fourth quarter 2008 after...

11/16/2009
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...

11/16/2009
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...

11/13/2009
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...

11/11/2009
Bank Watch: Small Business Banks Floundering
It's a tough time being a small business lender these days. This week, Advanta Corp. joined CIT Group Inc. as a filer for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
Although Advanta Corp. has close to $100 million in cash and equivalents...
