<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[In The Pipeline: CoStar Development and Construction News for Feb. 7-13]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=7A3FDA7C1CDF4396DBA858074B6F9E03&ref=1&src=rss]]></link><description><![CDATA[In this week's Pipeline,  George Smith Partners  is close to finalizing that rarest of transactions in today's soft market -- a construction loan for new development on the Westside of Los Angeles. Meanwhile, to the east of L.A. in the Inland Empire,...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 09 Feb 2010 02:45:58 GMT]]></pubDate></item><item><title><![CDATA[CoStar's Retail News Roundup:  Feb. 7-13, 2010]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=977E5CACECD33426F9EBFDBA771F04D8&ref=1&src=rss]]></link><description><![CDATA[This week in the Retail Roundup, CoStar reports on expansions or new concepts at Casual Male, Coach, Subway and Chick-fil-A;  closings, cutbacks, bankruptcy, default, receivership or foreclosure news  at Disney Store, Movie Gallery, Car Dealerships, Walking...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Mon, 08 Feb 2010 04:30:39 GMT]]></pubDate></item><item><title><![CDATA[Global Law Firm Signs 102,000-SF Lease in Washington, D.C.]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=34DB495B36A7446126BE87CF5FC58BA9&ref=1&src=rss]]></link><description><![CDATA[Fried, Frank, Harris, Shriver & Jacobsen LLP is relocating its Washington, D.C. office, leasing 102,000 square feet at Lafayette Tower. The international law firm signed a 16-year deal, slated to commence in about a year.

The 11-story, 245,000-square...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Mon, 08 Feb 2010 02:31:12 GMT]]></pubDate></item><item><title><![CDATA[Hill Country Galleria Sold at Bankruptcy Auction for $75M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=2277A4BF62146CC3B03FF9C377AA3202&ref=1&src=rss]]></link><description><![CDATA[Chicago-based REIT Management & Research is the new owner of Hill Country Galleria, a 1.28 million-square-foot mixed-use lifestyle center located in Bee Cave, TX (a suburb of Austin) that filed bankruptcy in May of last year. The investment company won...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Fri, 05 Feb 2010 06:08:13 GMT]]></pubDate></item><item><title><![CDATA[Battered Industrial Property Sector Poised to Resume Growth]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=3C0803868E6B292E543549E07D5083C4&ref=1&src=rss]]></link><description><![CDATA[The amount of empty warehouse, distribution and flex space hitting the market contracted again sharply in the fourth quarter, and CoStar analysts say industrial real estate appears poised to join office and some retail categories in returning to positive...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 03 Feb 2010 05:55:53 GMT]]></pubDate></item><item><title><![CDATA[Lease Up/Lease Down (Jan. 31 - Feb. 6): Exploring Possibilities: Ford Adding 1,200 Jobs in Chicago]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=BE41FE140E968AC986AE860BD1BADD07&ref=1&src=rss]]></link><description><![CDATA[CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs,  lease  cancellations and mergers in the weekly Lease Up/Lease  Down news report, a  concise read keeping you updated on major corporate moves affecting commercial...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Wed, 03 Feb 2010 08:59:46 GMT]]></pubDate></item><item><title><![CDATA[Optimism Trumps Gloom at MBA Real Estate  Finance Conference in Glitter City ]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=10B48D7FE0218F4B5BEBE0C9400BEDD7&ref=1&src=rss]]></link><description><![CDATA[More than 2,000 commercial and multifamily real estate professionals attended the Mortgage Bankers Association's  four-day Commercial Real Estate Finance/Multifamily Housing Conference, which wraps up Thursday in Las Vegas.

Despite a recession and...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 03 Feb 2010 08:41:24 GMT]]></pubDate></item><item><title><![CDATA[Forecasted Growth in Retail Franchise Stores May Fuel Demand]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=1726B177064F196D497179C4BE19131B&ref=1&src=rss]]></link><description><![CDATA[Where will demand for retail real estate come from in 2010? One area increasingly viewed as a potential source is franchise operators. Pricewaterhouse Coopers forecasts that approximately 11,100 new franchised retail stores are expected to open across...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Wed, 03 Feb 2010 05:37:12 GMT]]></pubDate></item><item><title><![CDATA[Threatened Legal Action Over NYC Rent Control Likely to Roil CMBS Market]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=F77032D365F8F633E4318444366465F1&ref=1&src=rss]]></link><description><![CDATA[Another half a billion dollars in CMBS debt looks even weaker this week after New York Attorney General Andrew M. Cuomo announced his intent to sue Vantage Properties LLC, a major New York City multifamily landlord.

Cuomo sent a five-day notice letter...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 03 Feb 2010 03:17:12 GMT]]></pubDate></item><item><title><![CDATA[Aussie REIT Negotiating for U.S. Office Portfolio]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=394ACDD0FF2E87555D19830CD65209FF&ref=1&src=rss]]></link><description><![CDATA[Real Estate Capital Partners USA Property Trust (RECP), a REIT based in Sydney, Australia, has conditionally agreed to purchase all of the units of Record Realty Holdings US Trust. RECP would pay about $17.68 million for the assets.

The total price...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 03 Feb 2010 03:15:26 GMT]]></pubDate></item><item><title><![CDATA[Bank Watch: Regulators Close Four Banks]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=8CFD39E87B5C765D04B0184DD03C0F6C&ref=1&src=rss]]></link><description><![CDATA[The Office of the Comptroller of the Currency closed the First National Bank of Georgia in Carrollton, GA, and appointed the FDIC as receiver.

The FDIC entered into a purchase and assumption agreement with Community & Southern Bank, a newly chartered...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 03 Feb 2010 03:07:19 GMT]]></pubDate></item><item><title><![CDATA[Rufrano Named CEO of Cushman & Wakefield]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=97AF9D1DA5F187224161B6FE7A8838F8&ref=1&src=rss]]></link><description><![CDATA[Cushman & Wakefield said Tuesday that Glenn Rufrano has been appointed as the firm's new president and chief executive officer. 

Based in New York, Rufrano takes office on March 22 and will also join the company's board of directors. He succeeds Bruce...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Tue, 02 Feb 2010 05:48:47 GMT]]></pubDate></item><item><title><![CDATA[Real Money (Feb. 4): Capital Raisings, Property Financings]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=71B6C6AD6601BC7EDC8911D363675D11&ref=1&src=rss]]></link><description><![CDATA[Simon Property Group Inc. agreed to sell $2.25 billion of its senior unsecured notes in an underwritten public offering. Net proceeds will fund the cash purchase of certain existing senior notes and for general business purposes.

Forest City Enterprises...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 03 Feb 2010 03:05:05 GMT]]></pubDate></item><item><title><![CDATA[Movie Gallery Files Bankruptcy, Closing 800+ Stores]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=10437D6BA278AA3603957BEC58AE4893&ref=1&src=rss]]></link><description><![CDATA[Late Tuesday night, the country's second largest movie rental chain, Movie Gallery, brought to fruition circulating rumors that it would file Chapter 11. 

Like most retailers, Movie Gallery was hit hard from lack of consumer demand during the recession...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Wed, 03 Feb 2010 03:44:54 GMT]]></pubDate></item><item><title><![CDATA[In The Pipeline: CoStar Development and Construction News for Jan. 31-Feb. 6]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=0E11336F31933E2A67A94F2AEDFE360B&ref=1&src=rss]]></link><description><![CDATA[This week, CoStar reports that Jones Lang LaSalle  has landed a contract to provide development services for KMPG's new headquarters offices at Two Financial Center in Boston. In New Jersey, billionaire Stephen Ross is reportedly consider a $500 million...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 02 Feb 2010 05:51:59 GMT]]></pubDate></item><item><title><![CDATA[Colgate-Palmolive Signs for 744,331 SF in Metro Atlanta]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=3253D4D6C072074EFD0B2E01699E8B74&ref=1&src=rss]]></link><description><![CDATA[Colgate-Palmolive, a maker of household and personal care products, signed a 744,331-square-foot lease at 2501 Rock House Road in Lithia Springs, GA. 

IDI owns the one-story, 744,331-square-foot, Class A industrial building built in 2008. It is about...]]></description><author><![CDATA[Kenneth Hutton <news@costar.com>]]></author><pubDate><![CDATA[Mon, 01 Feb 2010 07:38:57 GMT]]></pubDate></item><item><title><![CDATA[CoStar's Retail News Roundup:  Jan. 31 - Feb. 6, 2010]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=90421480A383E74A9A7CFBC6754A3B80&ref=1&src=rss]]></link><description><![CDATA[This week in the Retail Roundup, CoStar reports on expansions or new concepts at Starbucks, Meijer and 77kids;  closings, cutbacks, bankruptcy, default, receivership or foreclosure news  at Home Depot, Movie Gallery and Hollywood Video; acquisition, merger...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Mon, 01 Feb 2010 05:17:42 GMT]]></pubDate></item><item><title><![CDATA[A&B Properties Completes $81M in Retail Sale Transactions]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=03F2147AF7A35B59D35017DE9D635E45&ref=1&src=rss]]></link><description><![CDATA[A&B Properties, the real estate subsidiary of Honolulu, HI-based Alexander & Baldwin, closed on the $50.3 million sale of Mililani Shopping Center, which is located in Central Oahu, Hawaii. Newport, CA-based Stoneridge Capital Partners acquired the 180...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Fri, 29 Jan 2010 07:06:16 GMT]]></pubDate></item><item><title><![CDATA[In a Surprise, Office Market Posts Unexpectedly Good Results]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=87FBFECDECD7B0332B74B1B040A5E506&ref=1&src=rss]]></link><description><![CDATA[Even though the overall number of U.S. jobs continued to disappear through December of last year, the U.S. office market unexpectedly posted positive net absorption for the quarter.

The most likely explanation is that jobs in the office sector increased...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 28 Jan 2010 03:17:54 GMT]]></pubDate></item><item><title><![CDATA[Investor Focus: Hotels Poised for Picking?]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=E4CA4164D61B075E1651E4083BBF80D2&ref=1&src=rss]]></link><description><![CDATA[Private equity firms and corporations seemed poised to take advantage of opportunities in the distressed hotels arena this year.

In the past week, an affiliate of Lone Star Funds agreed to acquire Lodgian Inc. for $270 million, including assumed debt...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 28 Jan 2010 03:15:16 GMT]]></pubDate></item><item><title><![CDATA[Banks Report Slowing CRE Loan Charge-Offs]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=3EFDE81517D1D67E034FB8EFFE69C966&ref=1&src=rss]]></link><description><![CDATA[A number of major regional banks reported a general slowing in the rate of deterioration of their commercial real estate loan portfolios in the fourth quarter, with several reporting a decline in the rate of charge-offs -- loans deemed mostly uncollectable...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 28 Jan 2010 03:01:22 GMT]]></pubDate></item><item><title><![CDATA[Positive Outlook for Retail Real Estate Tempered by Ongoing Market Correction]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=A1B013CD14D22047A5D7A399C6F59273&ref=1&src=rss]]></link><description><![CDATA[Reporting on the major trends that took place in retail real estate in 2009, and expectations for the coming year, CoStar Group recently provided clients with a detailed analysis on the retail real estate market in  the latest in its series of quarterly...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Wed, 27 Jan 2010 08:08:58 GMT]]></pubDate></item><item><title><![CDATA[Avon North America Relocating to 777 Third Ave.]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=0197801DF89E2793FF72C78A93BEEEC7&ref=1&src=rss]]></link><description><![CDATA[Avon Products is relocating its North America unit to 777 Third Ave. in Manhattan. The global beauty products company signed 15-year lease for 246,500 square feet.

The 38-story, 525,000-square-foot office tower is in the Plaza District, near Dag Hammarskjold...]]></description><author><![CDATA[Delphine Thomas <news@costar.com>]]></author><pubDate><![CDATA[Wed, 27 Jan 2010 07:41:00 GMT]]></pubDate></item><item><title><![CDATA[Lease Up/Lease Down (Jan. 24-30): Disconnecting the Landline: Verizon to Cut 13,000 Jobs]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=7643ACAA324D62BD2334CF8CA5A4ABDD&ref=1&src=rss]]></link><description><![CDATA[CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs,  lease  cancellations and mergers in the weekly Lease Up/Lease  Down news report, a  concise read keeping you updated on major corporate moves affecting commercial...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Wed, 27 Jan 2010 09:13:55 GMT]]></pubDate></item></channel></rss>