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07/31/2015
CoStar's People of Note (July 26 - Aug. 1)
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: New York City, San Diego, Phoenix / Tucson, Columbus, Atlanta, Houston...

07/31/2015
Biltmore Financial Ctr Sold for $163.1M
PHOENIX – ViaWest Properties LLC, with joint-venture partner AllianceBernstein U.S. Real Estate Partners II LP, has acquired the three-building Biltmore Financial Center at 2390-2398 E. Camelback Rd. for $163.1 million, or about $257 per square...

07/29/2015
Surge in New Office Supply Reshaping Downtown Skylines
Rising demand from top corporate tenants for a shrinking supply of high-quality office space is fueling another wave of skyline-altering office development in U.S. CBDs and inner-ring suburbs. For a prime example, look no further than the 40-story...

07/29/2015
CRE Borrowing Rates Edging Up in Advance of Expected Fed Move
Even though the Fed today signaled that it remains on course to raise interest rates in September or later this year, a few banks have already begun raising interest pricing on their commercial real estate loans, particularly for multifamily property...

07/29/2015
Property Funds Report: Crow Holdings Looking To Raise $1.5 Billion
Dallas-based Crow Holdings Capital-Real Estate is back in the market, this time raising money for its seventh real estate fund: Crow Holdings Realty Partners VII. Crow is looking to raise up to $1.5 billion for its VII fund with a target close date in...

07/29/2015
GLP to Double U.S. Logistics Presence With $4.55B Warehouse Portfolio Purchase
The U.S. industrial property market continues to attract unprecedented interest from global investors. In the latest industrial portfolio mega deal since the end of last year, Global Logistic Properties Ltd. has agreed to acquire a 58 million-square-foot...

07/28/2015
Colony Capital Seeking to Salvage Ill-Timed Value-Add Investment Through Bankruptcy
In an unusual move in today's market, Colony Realty Partners put a subsidiary of in ill-timed value-add fund with $170 million in properties under Chapter 11 in a bid to restructure its debt. CRP-2 Holdings AA LP is a subsidiary of Colony Realty's...

07/27/2015
Office Lease Up (July 27) LinkedIn Expands by Two Floors at Empire State Building
LinkedIn Corp. is expanding its New York City headquarters by occupying an additional 130,000 square feet at the Empire State Building. The office expansion will have LinkedIn encompassing the entire third and 26th floors, bringing the company's total...

07/24/2015
CoStar's People of Note (July 19 - 25)
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: Washington DC, Boston, South Florida, Denver, New York City, Los Angeles...

07/24/2015
Quartet of Developers Unveils $500M Two-Tower Downtown LA Project
Developers and city officials this week unveiled another megaproject that will reshape the skyline of downtown Los Angeles over the next couple of years. Circa, a 1.6 million-square-foot mixed-use residential and retail project on 2.7 acres at 12th...

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