<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Dallas/Ft Worth 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[DDR Buying 30 Shopping Centers from Blackstone JV]]></title><link><![CDATA[http://www.costar.com/News/Article/DDR-Buying-30-Shopping-Centers-from-Blackstone-JV/148602?ref=/News/Article/DDR-Buying-30-Shopping-Centers-from-Blackstone-JV/148602&src=rss]]></link><description><![CDATA[Blackstone Group LP will sell its interest in a portfolio of power centers across the country to joint-venture partner DDR Corp. (NYSE: DDR) for $1.46 billion.

Beachwood, OH-based DDR and Blackstone acquired the large-format power centers totaling 11.8 million square feet through a joint venture deal that closed nearly a year ago. The latest acquisition, expected to close in the fourth quarter, will generate significant cash flow for DDR in top...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 15 May 2013 11:24:05 GMT]]></pubDate></item><item><title><![CDATA[JADA Enterprises Buys Lewisville Industrial Building]]></title><link><![CDATA[http://www.costar.com/News/Article/JADA-Enterprises-Buys-Lewisville-Industrial-Building/148591?ref=/News/Article/JADA-Enterprises-Buys-Lewisville-Industrial-Building/148591&src=rss]]></link><description><![CDATA[JADA Enterprises recently purchased the Lakepointe Tech Center located at 1725 Lakepointe Drive in Lewisville for an undisclosed price.  

Lakepointe Tech Center is an industrial facility totaling 84,140 square-feet.  The building is comprised of approximately 26,000 square feet of warehouse, 36,000 square feet of production, and 23,000 square feet of office.  

Henry S. Miller Brokerage’s North Texas industrial specialist, Daniel Spika, represented...]]></description><author><![CDATA[Jenny Rock <news@costar.com>]]></author><pubDate><![CDATA[Wed, 15 May 2013 07:52:29 GMT]]></pubDate></item><item><title><![CDATA[Out of State Investor Buys Medical Office Property]]></title><link><![CDATA[http://www.costar.com/News/Article/Out-of-State-Investor-Buys-Medical-Office-Property/148590?ref=/News/Article/Out-of-State-Investor-Buys-Medical-Office-Property/148590&src=rss]]></link><description><![CDATA[A private investor acquired Concentra Urgent Care Medical Center, an 8,462-square-foot medical <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> at 511 E Interstate 20 in Arlington, TX .

Adam Mancinone and Blake Barbarisi of Marcus & Millichap in New Haven, CT represented the buyer.  Clear across the country, Alvin Mansour of Marcus & Millichap in San Diego, CA represented the seller.  Please refer to CoStar COMPS # 2716116 for more information on this transaction.
]]></description><author><![CDATA[Jenny Rock <news@costar.com>]]></author><pubDate><![CDATA[Wed, 15 May 2013 07:39:34 GMT]]></pubDate></item><item><title><![CDATA[Facility Closures & Downsizings: Livermore Labs Calls for Pre-Emptive Voluntary Retirements]]></title><link><![CDATA[http://www.costar.com/News/Article/Facility-Closures-Downsizings-Livermore-Labs-Calls-for-Pre-Emptive-Voluntary-Retirements/148582?ref=/News/Article/Facility-Closures-Downsizings-Livermore-Labs-Calls-for-Pre-Emptive-Voluntary-Retirements/148582&src=rss]]></link><description><![CDATA[Lawrence Livermore National Laboratory will offer a voluntary separation program for up to 600 employees, director Parney Albright announced last week as a means to address budget challenges in fiscal year 2014.

"Although there remain a number of unknowns about how the budget request for FY14 would flow down to our laboratory, it is clear the budget proposal will face an uphill battle in Congress this summer, with continuing debates about reducing...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 14 May 2013 07:13:54 GMT]]></pubDate></item><item><title><![CDATA[Alco Stores Moving to Coppell]]></title><link><![CDATA[http://www.costar.com/News/Article/Alco-Stores-Moving-to-Coppell/148346?ref=/News/Article/Alco-Stores-Moving-to-Coppell/148346&src=rss]]></link><description><![CDATA[Duckwall - ALCO Stores will relocate from its Abilene, KS headquarters to Freeport Crossing at 751 Freeport Pky in Coppell, TX.

The tenant signed a lease for the entire 43,132-square-foot, single-story <a href="http://www.showcase.com/Office-building" target="_blank">office building</a>.  It was built in 1996 on 6.5 acres in the DFW Freeport / Coppell submarket of Dallas County.  Alco will take occupancy of its space in July 2013, which will allow better access to many of the company's stores, improved transportation...]]></description><author><![CDATA[Chris Woodall <news@costar.com>]]></author><pubDate><![CDATA[Fri, 10 May 2013 08:17:00 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[Mesquite Multifamily Trades for $7.7M]]></title><link><![CDATA[http://www.costar.com/News/Article/Mesquite-Multifamily-Trades-for-$77M/148345?ref=/News/Article/Mesquite-Multifamily-Trades-for-$77M/148345&src=rss]]></link><description><![CDATA[Cross Equities acquired the Garden House apartment complex at 2500 E. Meadows Blvd. in Mesquite, TX from AmeriSouth Realty Group for $7.7 million, or about $21,000 per unit.

The property has a total of 366 units with apartment units ranging from one to four bedrooms.  It is situated on 16.3 acres and was constructed in 1971. It is a two-story complex with 39 buildings totaling approximately 376,038 square feet.

Peter Hartnett of Hendricks &...]]></description><author><![CDATA[Shavon Shockley <news@costar.com>]]></author><pubDate><![CDATA[Fri, 10 May 2013 08:00:11 GMT]]></pubDate></item><item><title><![CDATA[Receiver Sets Liquidation Plan for $220 Million Multifamily Portfolio]]></title><link><![CDATA[http://www.costar.com/News/Article/Receiver-Sets-Liquidation-Plan-for-$220-Million-Multifamily-Portfolio/148375?ref=/News/Article/Receiver-Sets-Liquidation-Plan-for-$220-Million-Multifamily-Portfolio/148375&src=rss]]></link><description><![CDATA[John A. Beckstead, the receiver for defendants Management Solutions Inc. and the multifamily assets of Wendell A. Jacobson, his son Allen and other related entities, has filed a liquidation plan proposing to break up the multifamily portfolio strewn across the Midwest and Texas that was once valued at $220 million.

Rather than selling the entire portfolio in bulk, as he once considered, Beckstead plans to break up the sale of Jacobsons' 34 properties...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 08 May 2013 07:19:34 GMT]]></pubDate></item><item><title><![CDATA[RioCan Ends Joint Venture With Retail Properties of America]]></title><link><![CDATA[http://www.costar.com/News/Article/RioCan-Ends-Joint-Venture-With-Retail-Properties-of-America/148400?ref=/News/Article/RioCan-Ends-Joint-Venture-With-Retail-Properties-of-America/148400&src=rss]]></link><description><![CDATA[RioCan Real Estate Investment Trust, Canada's largest REIT, announced it has agreed to dissolve a joint venture with Retail Properties of America, Inc. (NYSE: RPAI) in which the two companies assembled a portfolio of 13 properties in large Texas markets since 2010.

The properties in Dallas, Houston, Austin, San Antonio and Temple, Texas are 80% owned by RioCan and 20% owned by RPAI. Under the terms of the dissolution agreement expected to become...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 08 May 2013 07:08:02 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>