<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Greensboro, NC 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[Professional Medical Ctr Sells for $12.5M]]></title><link><![CDATA[http://www.costar.com/News/Article/Professional-Medical-Ctr-Sells-for-$125M/149587?ref=/News/Article/Professional-Medical-Ctr-Sells-for-$125M/149587&src=rss]]></link><description><![CDATA[Virtus Real Estate Capital, an equity real estate investing firm, in a joint venture with Flagship Capital Partners, an affiliate to a full-service real estate company, acquired the Professional Medical Center at 1002 N. Church St. in Greensboro, NC from PMC East LLC for $12.47 million, or about $137 per square foot.

The 91,358-square-foot medical <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> was delivered in 1998 on 4.2 acres in the NE Guilford County submarket, adjacent to...]]></description><author><![CDATA[Zainab Ashraf <news@costar.com>]]></author><pubDate><![CDATA[Wed, 19 Jun 2013 09:14:34 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[Lenovo Officially Opens Computer Manufacturing Line ]]></title><link><![CDATA[http://www.costar.com/News/Article/Lenovo-Officially-Opens-Computer-Manufacturing-Line/149445?ref=/News/Article/Lenovo-Officially-Opens-Computer-Manufacturing-Line/149445&src=rss]]></link><description><![CDATA[Lenovo formally opened its first U.S. personal computer production facility in Whitsett, N.C.

North Carolina Gov. Pat McCrory and local officials attended a ribbon cutting at the facility, where the company is adding 115 new manufacturing jobs and is on track to fully ramp up production at the 240,000-square-foot center 10 miles east of Greensboro by the end of June. 

China-based Lenovo’s new manufacturing line, which actually began operations...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 13 Jun 2013 02:18:53 GMT]]></pubDate></item><item><title><![CDATA[Carlyle Properties Purchases Hunters Glen]]></title><link><![CDATA[http://www.costar.com/News/Article/Carlyle-Properties-Purchases-Hunters-Glen/149213?ref=/News/Article/Carlyle-Properties-Purchases-Hunters-Glen/149213&src=rss]]></link><description><![CDATA[Carlyle Properties of Aiken, a South Carolina-based property investment and development company, acquired the 260-unit Hunters Glen apartments at 3128 Utah Pl. in Greensboro, NC from Alliance Commercial Properties for approximately $7.09 million, or $27,250 per unit.

The 317,264-square-foot multifamily complex delivered in 1972 on 18 acres in the NE Guilford County submarket.  The property is comprised of 76 one-bedroom, 166 two-bedroom and 18...]]></description><author><![CDATA[Kasandra Moultrie <news@costar.com>]]></author><pubDate><![CDATA[Wed, 12 Jun 2013 10:37:54 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[Omni Hotels Buying Five U.S. Resorts from KSL Capital Partners]]></title><link><![CDATA[http://www.costar.com/News/Article/Omni-Hotels-Buying-Five-US-Resorts-from-KSL-Capital-Partners/149434?ref=/News/Article/Omni-Hotels-Buying-Five-US-Resorts-from-KSL-Capital-Partners/149434&src=rss]]></link><description><![CDATA[Omni Hotels & Resorts is boosting its collection of resorts with the pending purchase of five resort properties from KSL Capital Partners. 

The properties, which include Barton Creek Resort & Spa in Austin; La Costa Resort and Spa in Carlsbad, CA; Rancho Las Palmas Resort & Spa in Rancho Mirage, CA; The Grove Park Inn in Asheville, N.C.; and The Homestead in Hot Springs, VA, be reflagged under the Omni brand on July 1.  

The pending acquisition...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Wed, 12 Jun 2013 08:59:11 GMT]]></pubDate></item><item><title><![CDATA[Market Trend:  Select Top Three Greensboro / Winston-Salem Retail Leases Signed in Q1 2013]]></title><link><![CDATA[http://www.costar.com/News/Article/Market-Trend-Select-Top-Three-Greensboro-Winston-Salem-Retail-Leases-Signed-in-Q1-2013/149330?ref=/News/Article/Market-Trend-Select-Top-Three-Greensboro-Winston-Salem-Retail-Leases-Signed-in-Q1-2013/149330&src=rss]]></link><description><![CDATA[The select top <a href="http://www.showcase.com/retail-space" target="_blank">retail lease</a> signed during the first quarter of 2013 in the Greensboro/Winston-Salem market was at New Market Madison in Rockingham County.  Lot 2540, Inc. renewed its 45,505-square-foot lease there.  Phillips Edison & Company handled the deal for the landlord.

Bed, Bath & Beyond leased 33,696 square feet at the Shoppes at Wendover Village in the Central Guilford County submarket.  DDR represented the landlord in the deal.

Lane...]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Mon, 10 Jun 2013 04:38:01 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[Exela Pharma Sciences Buys Lenoir Office Bldg.]]></title><link><![CDATA[http://www.costar.com/News/Article/Exela-Pharma-Sciences-Buys-Lenoir-Office-Bldg/149229?ref=/News/Article/Exela-Pharma-Sciences-Buys-Lenoir-Office-Bldg/149229&src=rss]]></link><description><![CDATA[Exela Pharma Sciences LLC recently acquired a 142,992 square-foot <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> located at 1245 Blowing Rock Blvd. in Lenoir, N.C. from Broyhill Furniture Industries for $1.5 million, or $10 per square foot.

The three-story office building was built in 1966 and was owner-occupied at the time of sale.

Exela which operates a sterile manufacturing facility in Lenoir for making injectable, ophthalmic and inhalation pharmaceutical products, is...]]></description><author><![CDATA[Michael Hess <news@costar.com>]]></author><pubDate><![CDATA[Thu, 06 Jun 2013 04:25:26 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>