<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Cincinnati 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[CoStar's People of Note (May 12 - 18)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-May-12-18/148651?ref=/News/Article/CoStars-People-of-Note-May-12-18/148651&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: Detroit, Charlotte, Phoenix, New York, Charleston, South Florida, and San Diego.
 
DETROIT
Farbman Group Promotes Gutman, Kalil 
By Tim Heise

Farbman Group, a Southfield, MI-based, full-service real estate solutions company, has promoted CFO Andrew Gutman to president of the company. Gutman joined Farbman Group more than 18 years ago. He has worked in several areas of ]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 17 May 2013 09:02:42 GMT]]></pubDate></item><item><title><![CDATA[Phillips Edison Announces New Leadership for Strategic Investment Fund]]></title><link><![CDATA[http://www.costar.com/News/Article/Phillips-Edison-Announces-New-Leadership-for-Strategic-Investment-Fund/148419?ref=/News/Article/Phillips-Edison-Announces-New-Leadership-for-Strategic-Investment-Fund/148419&src=rss]]></link><description><![CDATA[Phillips Edison & Co. has named David Birdsall president of its Strategic Investment Fund group.  Roy Williams and Scott Mitchell have both been promoted to senior vice presidents within the same division.

Birdsall has headed the strategic investments group since he joined the company in 2007.  Previously he had been vice president of investments with Regency Centers, a Florida-based company.

Williams has been with Phillips Edison since 1995...]]></description><author><![CDATA[Kathryn Mackereth <news@costar.com>]]></author><pubDate><![CDATA[Mon, 13 May 2013 06:10:35 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (May 5 - 11)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-May-5-11/148478?ref=/News/Article/CoStars-People-of-Note-May-5-11/148478&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: Los Angeles, Minneapolis, Washington DC, New Jersey, Chicago, New York, and Indianapolis.
 
LOS ANGELES
Diaz Returns to Cushman & Wakefield 
By Allison Smith

Lalo Diaz has returned to Cushman & Wakefield, Inc. as a market leader for the Downtown Los Angeles market. In his new role Diaz will be responsible for overseeing day-to-day activities, recruitment goals, an]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 10 May 2013 08:11:27 GMT]]></pubDate></item><item><title><![CDATA[Dillard’s to Anchor New Mixed-Use Development]]></title><link><![CDATA[http://www.costar.com/News/Article/Dillards-to-Anchor-New-Mixed-Use-Development/148469?ref=/News/Article/Dillards-to-Anchor-New-Mixed-Use-Development/148469&src=rss]]></link><description><![CDATA[The first phase of the mixed-use development at Liberty Center will include an approximately 200,000-square-foot Dillard’s department store, according to co-developer Steiner + Associates.

The first phase of the project will include 1.1 million square feet of retail, office and residential space. Liberty Center is located off of I-75 between Butler County Veteran’s Highway and Liberty Rd. Plans indicate that the developers plan to open the first...]]></description><author><![CDATA[Brandon Hool <news@costar.com>]]></author><pubDate><![CDATA[Fri, 10 May 2013 05:12:20 GMT]]></pubDate></item><item><title><![CDATA[Market Trend: Cincinnati's Office Rental Rates in Q1 2013]]></title><link><![CDATA[http://www.costar.com/News/Article/Market-Trend-Cincinnatis-Office-Rental-Rates-in-Q1-2013/147494?ref=/News/Article/Market-Trend-Cincinnatis-Office-Rental-Rates-in-Q1-2013/147494&src=rss]]></link><description><![CDATA[The average quoted asking rental rate for available <a href="http://www.showcase.com/Office-Space-for-Lease" target="_blank">office space</a>, all classes, was $15.08 per square foot per year at the end of the first quarter 2013 in the Cincinnati market area.  This represented a less than 1% decrease in quoted rental rates from the end of the fourth quarter 2012, when rents were reported at $15.21 per square foot.

The average quoted rate within the Class A sector was $18.11 per square foot at the end of the first quarter...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Wed, 08 May 2013 04:59:41 GMT]]></pubDate></item><item><title><![CDATA[Milford TireDiscounters Bldg Sells for $1.3M]]></title><link><![CDATA[http://www.costar.com/News/Article/Milford-TireDiscounters-Bldg-Sells-for-$13M/148255?ref=/News/Article/Milford-TireDiscounters-Bldg-Sells-for-$13M/148255&src=rss]]></link><description><![CDATA[An individual investor purchased the retail building at 1107 SR 28 in Milford, OH for $1.32 million, or about $218 per square foot.

The 6,041-square-foot auto-repair building is fully occupied by TireDiscounters on a long-term, triple-net lease.  It features six bays and a retail showroom section.

Todd Blonsley, CCIM with Marcus & Millichap advised the buyer in the sale.

Please see CoStar COMPS #2713226 for more information on this transaction.]]></description><author><![CDATA[Robert Carr <news@costar.com>]]></author><pubDate><![CDATA[Tue, 07 May 2013 04:42:40 GMT]]></pubDate></item><item><title><![CDATA[Patel Group Sells Middletown SSA Bldg]]></title><link><![CDATA[http://www.costar.com/News/Article/Patel-Group-Sells-Middletown-SSA-Bldg/148253?ref=/News/Article/Patel-Group-Sells-Middletown-SSA-Bldg/148253&src=rss]]></link><description><![CDATA[An individual investor acquired the Middletown SSA Building at 3715 Towne Blvd. in Middletown, OH from Patel Group for $2 million, or about $259 per square foot.

The <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> delivered in 2011 in close proximity to the Towne Mall Complex. The Middletown SSA building is fully leased by the GSA on a long-term, triple-net lease, according to CoStar information.

Kase Abusharkh and Jacob Abusharkh of Sperry Van Ness handled the deal for the...]]></description><author><![CDATA[Steffen Lubbe <news@costar.com>]]></author><pubDate><![CDATA[Tue, 07 May 2013 04:23:44 GMT]]></pubDate></item><item><title><![CDATA[Block + Lot Real Estate Starts in Lexington Market with 3 New Hires]]></title><link><![CDATA[http://www.costar.com/News/Article/Block-+-Lot-Real-Estate-Starts-in-Lexington-Market-with-3-New-Hires/148245?ref=/News/Article/Block-+-Lot-Real-Estate-Starts-in-Lexington-Market-with-3-New-Hires/148245&src=rss]]></link><description><![CDATA[Peter Barr, Greg Leveridge and Clay Angelucci have formed Block + Lot Real Estate, a <a href="http://www.showcase.com/" target="_blank">commercial real estate</a> firm which services the Central Kentucky market.

The three partners are lifelong members of the Lexington community, and collectively bring more than 15 years of professional dedicated service from ACRE and Haymaker Bean Commercial Real Estate,  to which they not only attribute great service but also continued support as they move forward...]]></description><author><![CDATA[Nikol Ford <news@costar.com>]]></author><pubDate><![CDATA[Mon, 06 May 2013 12:58:29 GMT]]></pubDate></item><item><title><![CDATA[Market Trend: Cincinnati's Office Deliveries and Construction in Q1 2013]]></title><link><![CDATA[http://www.costar.com/News/Article/Market-Trend-Cincinnatis-Office-Deliveries-and-Construction-in-Q1-2013/147495?ref=/News/Article/Market-Trend-Cincinnatis-Office-Deliveries-and-Construction-in-Q1-2013/147495&src=rss]]></link><description><![CDATA[During the first quarter 2013, one building totaling 20,000 square feet were completed in the Cincinnati market area. This compares to one building totaling 31,000 square feet that were completed in the fourth quarter 2012, one building totaling 72,324 square feet completed in the third quarter 2012, and nothing completed in the second quarter 2012.

There were 340,000 square feet of <a href="http://www.showcase.com/Office-Space-for-Lease" target="_blank">office space</a> under construction at the end of the first quarter...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Mon, 22 Apr 2013 04:59:43 GMT]]></pubDate></item><item><title><![CDATA[Market Trend: Net Absorption Positive 207,029 SF for Cincinnati's Office Market in Q1 2013]]></title><link><![CDATA[http://www.costar.com/News/Article/Market-Trend-Net-Absorption-Positive-207029-SF-for-Cincinnatis-Office-Market-in-Q1-2013/147492?ref=/News/Article/Market-Trend-Net-Absorption-Positive-207029-SF-for-Cincinnatis-Office-Market-in-Q1-2013/147492&src=rss]]></link><description><![CDATA[Net absorption for the overall Cincinnati office market was positive 207,029 square feet in the first quarter 2013. That compares to negative (84,293) square feet in the fourth quarter 2012, positive 485,118 square feet in the third quarter 2012, and positive 354,388 square feet in the second quarter 2012.

The Class A office market recorded net absorption of positive 32,224 square feet in the first quarter 2013, compared to negative (124,789) square...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Tue, 16 Apr 2013 04:59:40 GMT]]></pubDate></item><item><title><![CDATA[Market Trend: Cincinnati's Office Vacancy Decreases Slightly to 13.3% in Q1 2013]]></title><link><![CDATA[http://www.costar.com/News/Article/Market-Trend-Cincinnatis-Office-Vacancy-Decreases-Slightly-to-133-in-Q1-2013/147493?ref=/News/Article/Market-Trend-Cincinnatis-Office-Vacancy-Decreases-Slightly-to-133-in-Q1-2013/147493&src=rss]]></link><description><![CDATA[The office vacancy rate in the Cincinnati market area decreased to 13.3% at the end of the first quarter 2013.  The vacancy rate was 13.5% at the end of the fourth quarter 2012, 13.3% at the end of the third quarter 2012, and 13.8% at the end of the second quarter 2012. 

Class A projects reported a vacancy rate of 16.8% at the end of the first quarter 2013, 17.0% at the end of the fourth quarter 2012, 16.5% at the end of the third quarter 2012...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Thu, 11 Apr 2013 04:59:41 GMT]]></pubDate></item><item><title><![CDATA[The CoStar Watch List Newsletter for May 9 - May 19]]></title><link><![CDATA[http://www.costar.com/News/Article/The-CoStar-Watch-List-Newsletter-for-May-9-May-19/148410?ref=/News/Article/The-CoStar-Watch-List-Newsletter-for-May-9-May-19/148410&src=rss]]></link><description><![CDATA[This Week’s Top Stories

Multifamily GSE Lending Reform: Potentially Disruptive and Inherently Valueless
"Borrowers would face higher borrowing costs and more variability in the price and availability of credit, with the greatest adverse impact likely to fall on low- and moderate-income families and renters in underserved markets. Some borrowers could lose access to credit altogether."

Read the Full Story...

Receiver Sets Liquidation Plan...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 08 May 2013 07:16:13 GMT]]></pubDate></item></channel></rss>