<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Southwest Florida 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:  Southwest Florida's Industrial Deliveries, Construction and Inventory]]></title><link><![CDATA[http://www.costar.com/News/Article/Market-Trend-Southwest-Floridas-Industrial-Deliveries-Construction-and-Inventory/148645?ref=/News/Article/Market-Trend-Southwest-Floridas-Industrial-Deliveries-Construction-and-Inventory/148645&src=rss]]></link><description><![CDATA[During the first quarter 2013, no new space was completed in the Southwest Florida Industrial market area. 

This compares to two buildings totaling 268,996 square feet that were completed in the fourth quarter 2012, nothing completed in the third quarter 2012, and 2,400 square feet in one building completed in the second quarter 2012.

There were 185,000 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....]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Thu, 16 May 2013 07:46:18 GMT]]></pubDate></item><item><title><![CDATA[Fort Myers Retail Bldg Sells for $1.2M]]></title><link><![CDATA[http://www.costar.com/News/Article/Fort-Myers-Retail-Bldg-Sells-for-$12M/148428?ref=/News/Article/Fort-Myers-Retail-Bldg-Sells-for-$12M/148428&src=rss]]></link><description><![CDATA[Bayview Court LLC acquired the retail building at 2210 Bay St. in Fort Myers, FL from Bayview LLC for approximately $1.25 million, or about $186 per square foot. 

The single-story, free-standing retail property was delivered in 1900 in Lee County.  It totals 6,700 square feet on one-tenths of an acre.

Tim Wipf of Town and River Realty LLC represented the seller, and was the sole broker in the sale.

Please see CoStar COMPS #2739692 for more...]]></description><author><![CDATA[Teresa Andrews <news@costar.com>]]></author><pubDate><![CDATA[Thu, 16 May 2013 01:25:26 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[Naples Amusement Park Sells for $5.1M]]></title><link><![CDATA[http://www.costar.com/News/Article/Naples-Amusement-Park-Sells-for-$51M/148365?ref=/News/Article/Naples-Amusement-Park-Sells-for-$51M/148365&src=rss]]></link><description><![CDATA[Bic's Investment Corporation sold the former King Richard's amusement park located at 6780 Airport Pulling Rd. N in Naples, FL to Top Hat Imported LLC for $5.1 million.

The property was purchased by the buyer as a redevelopment project that will eventually house the company's Hyundai Dealership.  It encompasses 11.4 acres in the North Naples submarket of Collier County.

David Stevens, CCIM with <a href="http://www.showcase.com/Investment-Properties" target="_blank">Investment Properties</a> Corporation represented the...]]></description><author><![CDATA[Kimberly Schoonmaker <news@costar.com>]]></author><pubDate><![CDATA[Tue, 14 May 2013 11:43:22 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:  Southwest Florida's Retail Deliveries, Construction and Inventory]]></title><link><![CDATA[http://www.costar.com/News/Article/Market-Trend-Southwest-Floridas-Retail-Deliveries-Construction-and-Inventory/148466?ref=/News/Article/Market-Trend-Southwest-Floridas-Retail-Deliveries-Construction-and-Inventory/148466&src=rss]]></link><description><![CDATA[During the first quarter 2013, 12 buildings totaling 173,020 square feet were completed in the Southwest Florida retail market. 

Over the past four quarters, a total of 378,426 square feet of <a href="http://www.showcase.com/retail-space" target="_blank">retail space</a> has been built in Southwest Florida.  In addition to the current quarter, seven buildings with 97,729 square feet were completed in fourth quarter 2012, six buildings totaling 94,227 square feet completed in third quarter 2012, and 13,450 square...]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 10 May 2013 04:33:49 GMT]]></pubDate></item><item><title><![CDATA[Alico Lakes Village C-Store Sells for $3M]]></title><link><![CDATA[http://www.costar.com/News/Article/Alico-Lakes-Village-C-Store-Sells-for-$3M/148367?ref=/News/Article/Alico-Lakes-Village-C-Store-Sells-for-$3M/148367&src=rss]]></link><description><![CDATA[Ft. Myers Pooh LLC acquired the freestanding 7-11 convenience store and gas station at 9990 Interstate Commerce Dr. in Ft Myers, FL from Alico 711 Holdings LLC for $3,047,500, or about $1,000 per square foot.

The single-story, 3,013-square-foot convenience store delivered in 2009 on 1.5 acres in the South Fort Myers/San Carlos submarket of Lee County. The 7-11 is located within the Alico Lakes Village shopping center, which is anchored by Ashley...]]></description><author><![CDATA[Teresa Andrews <news@costar.com>]]></author><pubDate><![CDATA[Wed, 08 May 2013 01:24:03 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>