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04/16/2014
Price Momentum Continues to Build for Commercial Real Estate
This month's CoStar Commercial Repeat Sale Indices (CCRSI) provides more evidence of two broad trends in the commercial real estate investment market: the continued strong demand for top quality institutional-grade assets by big investors, and widening...

04/16/2014
With Transaction Market Taking Off, Cushman & Wakefield Sharpens Services to U.S. Investors
It's been a busy month for Cushman & Wakefield. With big changes already well under way in the C-suite and solid 2013 results fueled by strong capital flows and improving real estate fundamentals, the New York City-based global commercial real estate...

04/16/2014
CBL Planning Major Restructuring of its Mall Portfolio
CBL & Associates Properties, Inc., one of the largest owners and developers of malls and shopping centers in the U.S., has embarked on an aggressive plan to jettison under-performing shopping centers and redeploy the proceeds into higher-growth properties...

04/14/2014
Transbay Highrise Renamed Salesforce Tower After Tech Firm Signs Largest Office Lease in San Francisco History
Salesforce.com (NYSE: CRM), the leading provider of customer relationship-management software that was founded in a San Francisco apartment in 1999, has signed the largest office lease in San Francisco's history, commiting to 714,000 square feet in the...

04/14/2014
KBS Secures $141M in Financing for The Plaza Bldgs in Bellevue
KBS Capital Advisors recently secured $111 million in senior financing and a $30 million mezzanine loan for The Plaza Buildings at 10900 and 10800 NE 8th St. in Bellevue, WA. Working on behalf of KBS, Val Achtemeier with CBRE negotiated the acquisition...

04/14/2014
Thinking About Office Development? Consider These Submarkets
By: Paul Leonard, Real Estate Economist with CoStar Group If you’re thinking about building office space in this cycle, you’d better dust off those blueprints and get back into the game soon, before it’s too late. The office cycle is about halfway...

04/14/2014
Family Dollar Closing 370 Stores, Cutting Staff and Growth Projections
After announcing declining sales and lower profits for the second quarter, discount retailer Family Dollar Stores Inc. said it plans to close 370 stores and slow the pace of new store growth. The retailer also said it plans to cut prices on many items...

04/11/2014
Parkway Pays $145.8M for Miami's Courvoisier Centre
Parkway Properties, Inc. (NYSE: PKY) has acquired Courvoisier Centre at 501 and 601 Brickell Key Dr. in Miami, FL from Tishman Speyer for $145.8 million, or about $421 per square foot. The 346,000-square-foot, two-building office complex was built...

04/11/2014
CoStar's People of Note (Apr. 6 - 12)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Chicago, New York City, Detroit, Philadelphia, East Bay, Orange County...

04/11/2014
GE To Deliver New Shared Services Center, 1,400 Jobs to Greater Cincinnati
General Electric (NYSE: GE) will break ground this summer on a new U.S. global operations center in greater Cincinnati that is expected to bring 1,400 new jobs to the state of Ohio. The facility is scheduled to be fully operational by 2017. The center...

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