<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Cleveland 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[Weston Buys Trio of Warrensville Heights Office Bldgs. ]]></title><link><![CDATA[http://www.costar.com/News/Article/Weston-Buys-Trio-of-Warrensville-Heights-Office-Bldgs/149619?ref=/News/Article/Weston-Buys-Trio-of-Warrensville-Heights-Office-Bldgs/149619&src=rss]]></link><description><![CDATA[Weston Inc., the Northeast Ohio-based property management company with a footprint covering nine states and over 12 million square feet of office and <a href="http://www.showcase.com/industrial-space" target="_blank">industrial space</a>, recently added to its Warrensville Heights, OH holdings with the acquisition of Overlook Court II, III and IV at 4670, 4700 and 4760 Richmond Road.

The sale price for the three-building, 115,014-square-foot office complex was not disclosed.  The buildings were previously owned by...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Wed, 19 Jun 2013 10:23:14 GMT]]></pubDate></item><item><title><![CDATA[CBRE Selected To Manage Five Bldgs. for Ohio]]></title><link><![CDATA[http://www.costar.com/News/Article/CBRE-Selected-To-Manage-Five-Bldgs-for-Ohio/149614?ref=/News/Article/CBRE-Selected-To-Manage-Five-Bldgs-for-Ohio/149614&src=rss]]></link><description><![CDATA[The State of Ohio Department of Administrative Services (DAS) last month awarded the CBRE Columbus Office a four-year facility management contract to provide property management services for five state-owned facilities totaling more than 3.5 million square feet.

Two of the buildings are located in Columbus with one each in Akron, Cleveland and Toledo.  The five buildings include:

The 32-story, 1,135,215-square-foot Vern Riffe Center for Government...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Wed, 19 Jun 2013 08:50:00 GMT]]></pubDate></item><item><title><![CDATA[In The Pipeline: CoStar Development & Construction News for June 16 - 22]]></title><link><![CDATA[http://www.costar.com/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-16-22/149547?ref=/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-16-22/149547&src=rss]]></link><description><![CDATA[Port of Seattle Taps Panattoni for 87-Acre Business Park
The Port of Seattle has chosen Panattoni Development Co., Inc. to develop the Des Moines Creek Business Park project on 87 acres south of Seattle-Tacoma International Airport. 

The Newport Beach, CA-based privately-held real estate development firm was picked from a field of four companies to develop a combination of airport-related commercial and light industrial uses at the project valued...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 18 Jun 2013 10:46:58 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (June 9 - 15)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-June-9-15/149473?ref=/News/Article/CoStars-People-of-Note-June-9-15/149473&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: New York City, Northern New Jersey, St. Louis, Portland, and Tampa.
 
GLOBAL
Cushman & Wakefield Names Sant’Albano as Interim CEO, Replacing Rufrano 
By Paul Norman

Cushman &  Wakefield has named Carlo Barel di Sant’Albano as the interim CEO replacing Glenn Rufrano.  Sant’Albano will continu]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 14 Jun 2013 03:19:49 GMT]]></pubDate></item><item><title><![CDATA[CRE Pricing Strengthens Following Seasonal Slowdown]]></title><link><![CDATA[http://www.costar.com/News/Article/CRE-Pricing-Strengthens-Following-Seasonal-Slowdown/149428?ref=/News/Article/CRE-Pricing-Strengthens-Following-Seasonal-Slowdown/149428&src=rss]]></link><description><![CDATA[<a href="http://www.showcase.com/" target="_blank">Commercial real estate</a> prices resumed broad-based gains in April, shaking off the effects of a seasonal slowdown in the first quarter, according to the latest CoStar Commercial Repeat Sale Indices (CCRSI) release.

The equal-weighted and value-weighted U.S. Composite Indices posted solid monthly gains in April of 1.9% and 1.1%, respectively, as market fundamentals continued to improve across all the major CRE property types.

The value-weighted...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 12 Jun 2013 10:20:04 GMT]]></pubDate></item><item><title><![CDATA[Bedford Heights Industrial Buildings Change Hands ]]></title><link><![CDATA[http://www.costar.com/News/Article/Bedford-Heights-Industrial-Buildings-Change-Hands/149435?ref=/News/Article/Bedford-Heights-Industrial-Buildings-Change-Hands/149435&src=rss]]></link><description><![CDATA[Keystone Topaz Reorganized, a Cleveland-based investment firm, acquired three separate industrial buildings located in Bedford Heights, OH, totaling 80,156 square feet.  The buildings were purchased for $2.95 million, or approximately $37 per square foot.  
Constructed of reinforced concrete, all three buildings were delivered in 1979 in the Warrensville Heights Industrial Submarket.
Eliot Kijewski, George Pofok, and Paul DiVincenzo of Cresco Real...]]></description><author><![CDATA[Greg Schroeder <news@costar.com>]]></author><pubDate><![CDATA[Wed, 12 Jun 2013 09:01:12 GMT]]></pubDate></item><item><title><![CDATA[Diplomat Healthcare Center Changes Hands]]></title><link><![CDATA[http://www.costar.com/News/Article/Diplomat-Healthcare-Center-Changes-Hands/149418?ref=/News/Article/Diplomat-Healthcare-Center-Changes-Hands/149418&src=rss]]></link><description><![CDATA[Aviv REIT, Inc. purchased the Diplomat Healthcare Center in North Royalton, OH for $14.35 million; about $190 per square foot. 

The property, located at 9001 W. 130th St, is a long-term care skilled nursing facility, currently leased to triple-net tenant Saber. The tenant executed a new ten-year lease for the facility at the time of purchase. 

The facility transferred from Diplomate Land Holdings, LLC. No brokers were involved in the transaction...]]></description><author><![CDATA[Alison Panza  <news@costar.com>]]></author><pubDate><![CDATA[Wed, 12 Jun 2013 02:47:02 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (June 2 - 8)]]></title><link><![CDATA[http://www.costar.com/News/Article/CoStars-People-of-Note-June-2-8/149271?ref=/News/Article/CoStars-People-of-Note-June-2-8/149271&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: South Florida, South Bay, New York City, Atlanta, Philadelphia, Texas, and the Southwestern U.S.
 
SOUTH FLORIDA
Balish Appointed to President, CEO at ARS 
By Justin Sumner

Adler Realty Services (ARS), a division of Adler Group, has appointed Christopher Balish as president and chief executive officer. In his new role, Balish will be responsible for overseeing a]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 07 Jun 2013 04:52:06 GMT]]></pubDate></item><item><title><![CDATA[In The Pipeline: CoStar Development & Construction News for June 2 - 9]]></title><link><![CDATA[http://www.costar.com/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-2-9/149109?ref=/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-June-2-9/149109&src=rss]]></link><description><![CDATA[Nonresidential Construction Spending Boosted By Private Projects
The recovery in private nonresidential construction continued on a slow and steady track this spring according to new data from the U.S. Census Bureau, with construction spending rising in April from the previous month's disappointing number.

Total nonresidential spending rose by a modest 0.7% in April to a seasonally adjusted annual rate of $552.45 billion, but remains down 2.1...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 05 Jun 2013 06:48:19 GMT]]></pubDate></item></channel></rss>