<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[National Commercial Real Estate News From CoStar Group]]></title><link><![CDATA[http://www.costar.com/]]></link><description><![CDATA[CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.]]></description><language><![CDATA[en]]></language><category domain="Yahoo"><![CDATA[Business/Real_Estate_and_Housing]]></category><ttl>15</ttl><image><title><![CDATA[CoStar Group, Inc.]]></title><link><![CDATA[http://www.costar.com/]]></link><url><![CDATA[http://www.costar.com/SharedFiles/Common/images/logos/CoStarGroup112.gif]]></url></image><item><title><![CDATA[Investors Bullish on Health Care Real Estate as Reform Showdown Draws Closer]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=04A54D14F3FAACDB730DE13D6EE65875&ref=1&src=rss]]></link><description><![CDATA[With the mammoth health care reform package  hanging in the balance, medical real estate companies will enter 2010 in the throes of debate over the legislation's potential impact on their business, especially those owning and occupying hospitals and hospital...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 19 Nov 2009 03:38:48 GMT]]></pubDate></item><item><title><![CDATA[Developers Diversified, Goldman Sachs Put CMBS Deals Back in Action]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=6D11163E55576BBE95E088F0573F2098&ref=1&src=rss]]></link><description><![CDATA[The first new-issue commercial mortgage backed securities (CMBS) supported by brick-and-mortar properties in nearly two years successfully sold this week.

DDR Depositor LLC Trust 2009 Commercial Mortgage Pass Through Certificates, series 2009-DDR1...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 19 Nov 2009 03:17:29 GMT]]></pubDate></item><item><title><![CDATA[Office Delinquencies Latest Driver of CMBS Troubles]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=AE827735F84EEF9A6EB2687F4263116D&ref=1&src=rss]]></link><description><![CDATA[Job losses and subsequent office loan defaults, coupled with continued hotel underperformance, resulted in another monthly increase in U.S. CMBS delinquencies. And new matured balloons and past due loans secured by interests in non-traditional assets...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 19 Nov 2009 03:15:33 GMT]]></pubDate></item><item><title><![CDATA[Starwood Property Trust Begins Investing $900 Million Slowly, Selectively]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=AD930C5CD53061A7D7CF68B9B9C78BA9&ref=1&src=rss]]></link><description><![CDATA[In its first quarterly report as public entity, Starwood Property Trust posted a net loss of $1.9 million. The results were affected by the recognition of $800,000 of non-cash, stock-based compensation in the period.

"We are generally pleased with...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 19 Nov 2009 03:13:28 GMT]]></pubDate></item><item><title><![CDATA[Bank Watch: U.S. Steps Up Efforts To Seize Iran-Controlled Bank Melli's U.S. Properties]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=FF84540241D3AF92D9F51F1F6CB79F91&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 19 Nov 2009 03:11:18 GMT]]></pubDate></item><item><title><![CDATA[Real Money (Nov. 19): Capital Raisings, Property Financings]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=70CA7E846581471BA79A2F2B014665E7&ref=1&src=rss]]></link><description><![CDATA[Toys "R" Us Inc. priced $725 million aggregate principal amount of senior secured notes due 2017 to be issued by Giraffe Properties LLC, which will be renamed Toys "R" Us Property Company II LLC, one of its indirect wholly-owned subsidiaries. The notes...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 19 Nov 2009 03:09:26 GMT]]></pubDate></item><item><title><![CDATA[Retail REIT Execs Encouraged By 3Q Leasing Activity]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=DD0F1282573B0384ECE0CC2D4931F915&ref=1&src=rss]]></link><description><![CDATA[While still cautious and subdued, the commentary shared by retail REIT executives during the past few weeks of investor conference calls discussing third quarter financials was markedly more upbeat than in the previous two quarters. 
 
Overall, REIT...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Wed, 18 Nov 2009 09:36:35 GMT]]></pubDate></item><item><title><![CDATA[Market Rally Feeds Optimism at Annual REIT Confab]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=6BC4D5B309C214F41E6FB505F8E659A5&ref=1&src=rss]]></link><description><![CDATA[Participants in last week's annual NAREIT convention in Phoenix described the mood in terms ranging from hopeful to full-on ebullience -- adjectives not often used for the past two years with respect to most gatherings of commercial real estate professionals...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 18 Nov 2009 08:11:14 GMT]]></pubDate></item><item><title><![CDATA[Lease Up/Lease Down (Nov. 15-21): Bioscience, Cleantech Sectors Spur Job Growth]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=5D3B134168E5FC048EF0446DE5832173&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Wed, 18 Nov 2009 06:42:30 GMT]]></pubDate></item><item><title><![CDATA[UPDATED: Simon Hires Advisers to Consider General Growth Acquisition Possibilities]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=1A3F1B80844D2E8985040238324FD2BB&ref=1&src=rss]]></link><description><![CDATA[The country's largest retail REIT, Simon Property Group (NYSE:SPG), is considering a bid for its bankrupt competitor, General Growth Properties. 

Simon media representative, Les Morris, confirmed for CoStar Group this morning that Simon hired investment...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Wed, 18 Nov 2009 05:09:04 GMT]]></pubDate></item><item><title><![CDATA[USDA Takes 330,000 SF in SW Washington, DC]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=C828E6028B6DF29AD745E6A7A5A8FF28&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Tue, 17 Nov 2009 08:32:44 GMT]]></pubDate></item><item><title><![CDATA[Chinese Solar Power Giant Building First U.S. Plant]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=6C269C15E0CDBC3300777AA0ADE8A6DA&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Tue, 17 Nov 2009 07:28:26 GMT]]></pubDate></item><item><title><![CDATA[Comcast Leases 106,300 SF in Jacksonville]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=91063EAF69CF4251B3E82DAE0334E00D&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Tue, 17 Nov 2009 04:48:49 GMT]]></pubDate></item><item><title><![CDATA[Medical Research Center to Ignite Virginia with 415 Jobs]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=05FBD5959E2E3CAF0BC4A20A6150EAA8&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Tue, 17 Nov 2009 03:29:10 GMT]]></pubDate></item><item><title><![CDATA[In The Pipeline: CoStar Development and Construction News for Nov. 15-21]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=129BF1C83D2287ED6035FD993C3C8ACF&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 17 Nov 2009 12:44:27 GMT]]></pubDate></item><item><title><![CDATA[TMG Partners, Related Cos. To Master Develop $1 Bil. NASA Research Park]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=0DAE074FEC72C14F320DABE89669B8F9&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Mon, 16 Nov 2009 10:06:00 GMT]]></pubDate></item><item><title><![CDATA[CoStar's Retail News Roundup: Nov. 15-21, 2009]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=D6139739C0AE530947ACB95FF0265266&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Mon, 16 Nov 2009 06:08:21 GMT]]></pubDate></item><item><title><![CDATA[UPDATE: Chapter 7 Liquidation Follows InkStop's Abrupt Close of All 152 Stores]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=548E88365EFF626AF66E999860CC7C66&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Sun, 15 Nov 2009 06:42:18 GMT]]></pubDate></item><item><title><![CDATA[William Blair Extends 324,700-SF Lease Through 2017]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=225B0F140FC4B9E355A33F3A241A3385&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Fri, 13 Nov 2009 09:06:00 GMT]]></pubDate></item><item><title><![CDATA[$84M Gets Volkswagen the Potamkin General Motors Building in Manhattan]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=A9F4CA6ED5D4E6141879F64C6857C72D&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Thu, 12 Nov 2009 08:47:48 GMT]]></pubDate></item><item><title><![CDATA[Employment Demand Outlook: Need To Survive the Next Three Months]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=6D026F17F277D7267C928D73760BAC56&ref=1&src=rss]]></link><description><![CDATA[If landlords across the country can make it through the coming layoff season, (November - January), they may begin to see some stabilization in demand from commercial tenants for space. Looking out 12 to 24 months, business owners say they expect their...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 12 Nov 2009 03:17:09 GMT]]></pubDate></item><item><title><![CDATA[CIT Group's Care Investment Trust Considering Sale or Merger]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=A5A307381E82D603F1074F4A91B99766&ref=1&src=rss]]></link><description><![CDATA[Care Investment Trust Inc., a New York-based health care REIT managed by CIT Healthcare, a subsidiary of CIT Group Inc., is nearing completion of a review of its strategic alternatives and expects to make a decision regarding its future over the next...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 12 Nov 2009 03:15:25 GMT]]></pubDate></item><item><title><![CDATA[Worst May Be Over for Hotels]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=F652AD689B94D3DD8066CDB674A3611D&ref=1&src=rss]]></link><description><![CDATA[While occupancy levels and average daily rates (ADR) in the last quarter of 2009 are expected to remain below levels from one year ago, resulting in a 16.4% decrease in room revenue per available room (RevPAR) in 2009, PricewaterhouseCoopers expects hotel...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 12 Nov 2009 03:13:16 GMT]]></pubDate></item><item><title><![CDATA[Bank Watch: Small Business Banks Floundering]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=1E7884ED54F795AC39B864383846B59A&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 12 Nov 2009 03:11:24 GMT]]></pubDate></item><item><title><![CDATA[Real Money (Nov. 12, 2009): Capital Raisings, Property Financings]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=35A0EE844140E7344C1C62F0E50ED6B8&ref=1&src=rss]]></link><description><![CDATA[CBL & Associates Properties Inc. closed the extension and modification of its $560 million credit facility, maintaining 100% lending capacity. The facility was scheduled to mature in August 2011 (assuming exercise of the remaining extension option) and...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 12 Nov 2009 03:09:33 GMT]]></pubDate></item><item><title><![CDATA[USGBC: 7.9 Million Jobs Tied to Green Construction Over Next Four Years]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=0F87A88088B01CEA706C28271675FD76&ref=1&src=rss]]></link><description><![CDATA[As the green building movement convenes this week at the annual Greenbuild International Conference & Expo in Phoenix, the U.S. Green Building Council (USGBC) issued a report providing 7.9 million reasons to support green building -- jobs.

The report...]]></description><author><![CDATA[Tim Trainor <news@costar.com>]]></author><pubDate><![CDATA[Wed, 11 Nov 2009 11:39:34 GMT]]></pubDate></item><item><title><![CDATA[Institutional Investors Throwing Big Money Around Class A Quality Retail Property]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=46EA9DD56BD09A5C7DDBC87FC3CF3C6E&ref=1&src=rss]]></link><description><![CDATA[After what's seemed like an eternity of little or no action in the retail property investment arena, several major retail investment transactions north of $100 million have surfaced since October. Considering that news of retail property sale transactions...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Wed, 11 Nov 2009 11:13:31 GMT]]></pubDate></item><item><title><![CDATA[Huawei Moves to Legacy Place II, Promises 600 Jobs]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=3B6E0019F46BF89E7BD904EFD471DFE3&ref=1&src=rss]]></link><description><![CDATA[Huawei Technologies has signed a 103,331-square-foot lease at Legacy Place II in Plano, TX. The building will serve as the global communications company's new sales and marketing headquarters in North America. 

The six-story, 150,000-square-foot office...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Wed, 11 Nov 2009 10:18:11 GMT]]></pubDate></item><item><title><![CDATA[Lease Up/Lease Down (Nov. 8-14): Layoffs: A Sprint to the Bottom Line]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=4A5CB1D80C8C1265D219AD77A0449661&ref=1&src=rss]]></link><description><![CDATA[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...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Wed, 11 Nov 2009 08:48:33 GMT]]></pubDate></item><item><title><![CDATA[Tenants Take Upper Hand in Office Leasing as Rents, Occupancies Slip]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=A26A104B1930E72E852EEAF667D58515&ref=1&src=rss]]></link><description><![CDATA[So this is what the "new normal" looks like in U.S. office leasing markets. Building revenues flat line as tenants, now more willing and sometimes able to find larger and better-quality space for their leasing dollar, begin flexing their muscles at the...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 11 Nov 2009 08:08:10 GMT]]></pubDate></item><item><title><![CDATA[L-3 Communications Entering The GATE]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=7553DCC14CAD3121DF6DBD9DB40C91E6&ref=1&src=rss]]></link><description><![CDATA[L-3 Communications’ Command & Control Systems and Software (C2S2) is coming to The Government and Technology Enterprise (GATE), the new commercial business campus in Maryland's Aberdeen Proving Ground.

The defense contractor signed a lease for the...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Tue, 10 Nov 2009 09:13:51 GMT]]></pubDate></item><item><title><![CDATA[Grubb & Ellis Names D'Arcy New President and CEO]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=00CB3FE9C0852A2F79FF943FB7694011&ref=1&src=rss]]></link><description><![CDATA[Santa Ana, CA-based Grubb & Ellis Company (NYSE: GBE) has named real estate veteran Thomas P. D'Arcy president and chief executive officer.

D'Arcy, 49, who will also take a seat on Grubb's board of directors, has led both public and private real estate...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 10 Nov 2009 01:46:18 GMT]]></pubDate></item><item><title><![CDATA[In The Pipeline: CoStar Development and Construction News for Nov. 8-14]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=AFE5413E561C0C9207E87DEB20369B7C&ref=1&src=rss]]></link><description><![CDATA[In this week's issue, German pharma giant Merck  has topped off its $65 million research facility in Billerica, MA; Irvine, CA-based Sares Regis   breaks ground on a rare industrial project on California's Central Coast; and a group of architects plans...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Mon, 09 Nov 2009 10:58:46 GMT]]></pubDate></item><item><title><![CDATA[CoStar's Retail News Roundup: Nov. 8 - 14, 2009]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=554AEE0F1938E49CF61F16722ED0CFE0&ref=1&src=rss]]></link><description><![CDATA[This week in the Retail Roundup, CoStar reports on expansions or new concepts at Sports Fan Attic and Bajio Mexican Grill;  closings, cutbacks, defaults, or bankruptcy news  at Waldenbooks and Nature Coast Commons; acquisition, merger, loan, sale, or...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Mon, 09 Nov 2009 05:59:46 GMT]]></pubDate></item></channel></rss>