<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Las Vegas 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[Market Trend:  Las Vegas's Industrial Deliveries, Construction and Inventory]]></title><link><![CDATA[http://www.costar.com/News/Article/Market-Trend-Las-Vegass-Industrial-Deliveries-Construction-and-Inventory/148641?ref=/News/Article/Market-Trend-Las-Vegass-Industrial-Deliveries-Construction-and-Inventory/148641&src=rss]]></link><description><![CDATA[During the first quarter 2013, one building totaling 75,000 square feet was completed in the Las Vegas Industrial market area. 

There were no building completions during the second through fourth quarters of 2012.

There were 193,221 square feet of <a href="http://www.showcase.com/industrial-space" target="_blank">Industrial space</a> under construction at the end of the first quarter 2013. 

The only delivery in 2013 has been 4690 W Teco Ave, a 75,000-square-foot facility that delivered in first quarter 2013...]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Thu, 16 May 2013 07:38:03 GMT]]></pubDate></item><item><title><![CDATA[Ramsey & Son Buys Industrial Bldg for $3.6M]]></title><link><![CDATA[http://www.costar.com/News/Article/Ramsey-Son-Buys-Industrial-Bldg-for-$36M/148487?ref=/News/Article/Ramsey-Son-Buys-Industrial-Bldg-for-$36M/148487&src=rss]]></link><description><![CDATA[Ramsey & Son, Inc. purchased the industrial building at 2017-2037 E. Maule Ave. in Las Vegas, NV from Allen Airport LLC for $3.6 million, or about $69 per square foot.

Built in 2003, the 52,067-square-foot manufacturing building is situated on 2.8 acres in Clark County.  The property was leased and listed for sublet prior to the sale; however, the seller dissolved the lease early in order to keep the contract from being a barrier during escrow...]]></description><author><![CDATA[Ann O'Brien <news@costar.com>]]></author><pubDate><![CDATA[Thu, 16 May 2013 06:08:29 GMT]]></pubDate></item><item><title><![CDATA[Deer Spings Town Center Sells for $50.5M]]></title><link><![CDATA[http://www.costar.com/News/Article/Deer-Spings-Town-Center-Sells-for-$505M/148364?ref=/News/Article/Deer-Spings-Town-Center-Sells-for-$505M/148364&src=rss]]></link><description><![CDATA[Stoltz Real Estate Partners acquired a portion of the Deer Springs Town Center from Regency Centers Corporation for $50.5 million.

Deer Springs Town Center is a 512,325-square-foot community shopping center anchored by Target, Home Depot, Toys R' Us, Ross, PetSmart and Michaels.  This transaction involved 86 percent of the gross leasable area, or about 357,688 square feet, and an additional 12 graded land parcels for a proposed 223,000 square feet...]]></description><author><![CDATA[Andrew Seabourne <news@costar.com>]]></author><pubDate><![CDATA[Mon, 13 May 2013 08:20:44 GMT]]></pubDate></item><item><title><![CDATA[Family Dollar Sells for $1.2M]]></title><link><![CDATA[http://www.costar.com/News/Article/Family-Dollar-Sells-for-$12M/148398?ref=/News/Article/Family-Dollar-Sells-for-$12M/148398&src=rss]]></link><description><![CDATA[San Diego-based Ligo Investment LLC acquired the retail building at 4915 E. Desert Inn Rd. in Las Vegas, NV for $1.21 million, or about $118 per square foot.

The 10,187-square-foot free-standing retail building was built in 2005 on 2.3 acres in the Central East Las Vegas submarket of Clark County.  The asset is fully leased to Family Dollar on a 10-year, triple-net lease with 6 five-year options.  The tenant has already exercised its first option...]]></description><author><![CDATA[Vicki Sevel <news@costar.com>]]></author><pubDate><![CDATA[Mon, 13 May 2013 06:52:43 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[Market Trend:  Las Vegas's Retail Deliveries, Construction and Inventory]]></title><link><![CDATA[http://www.costar.com/News/Article/Market-Trend-Las-Vegass-Retail-Deliveries-Construction-and-Inventory/148462?ref=/News/Article/Market-Trend-Las-Vegass-Retail-Deliveries-Construction-and-Inventory/148462&src=rss]]></link><description><![CDATA[During the first quarter 2013, four buildings totaling 37,680 square feet were completed in the Las Vegas retail market. 

Over the past four quarters, a total of 69,811 square feet of <a href="http://www.showcase.com/retail-space" target="_blank">retail space</a> has been built in Las Vegas.  In addition to the current quarter, three buildings with 12,368 square feet were completed in fourth quarter 2012, one building totaling 6,643 square feet completed in third quarter 2012, and 13,120 square feet in three buildings...]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 10 May 2013 04:26:20 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[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>