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Latest Top (5) News


$22M Senior Loan Refinances Westover Marketplace

SAN ANTONIO-The three-year term loan will refinance the 230,000-square-foot portion of the retail property, with some being used to fund leasing costs at the 71%-leased asset.






1 WTC Dock Design Flaw Costs Millions

NEW YORK CITY-According to a New York Post story this week, cost overruns have pushed the project to $3.8 billion, $700 million more than expected.






2099 Pennsylvania Pricing Reflects Larger Trends

WASHINGTON, DC-Word on the street has the trophy building trading at $750 per square foot—or $776 per square foot, depending on which square footage of the building you accept.






A Discipline Escapes Purgatory

Taking advantage of opportunities in broken projects and debt in 2012 means a strategy for winning rather than playing defense






Albanwise Sells Two Cambridge Buildings for GBP 9M

LONDON-Albanwise has sold the freehold interest of 21 Hobson Street and 18/19 Sidney Street in Cambridge for GBP 9 million.





Latest Top (5) News


DDR program reaches out to potential small tenants
DDR Corp.'s new retailer incubation program, called Set Up Shop, aims to lure smaller tenants to its Atlanta-area shopping ce -More- 


03 Feb 2012 13:00:38 CST


Don't bother just to be better than your contemporaries or predecessors. Try to be better than yourself.
William Faulkner,American writer -More- 


03 Feb 2012 13:00:38 CST


Esprit to shutter all stores in North America
Hong Kong-based apparel retailer Esprit has failed to find a buyer for its North American division, which lost about $206 mil -More- 


03 Feb 2012 13:00:38 CST


Haygood Shopping Center in Virginia Beach sold for $28M
An affiliate of North American Development Group has acquired Haygood Shopping Center, a grocery-anchored shopping center in  -More- 


03 Feb 2012 13:00:38 CST


How to become an advanced Twitter user
Once you've mastered the basics of Twitter, become more proficient by using tools such as Friend or Follow to find out who is -More- 


03 Feb 2012 13:00:38 CST
   

Latest Top (5) News


CoStar's People of Note (Jan. 29-Feb. 4)
This week's People of Note includes the following markets: Chicago, Dallas/Fort Worth, Los Angeles, Milwaukee/Madison, New York City, Philadelphia, Pittsburgh, South Florida, Washington, DC. LOS ANGELES Cockrum Joins Lowe Enterprises Investors as SVP By Laurie Forbes Lowe Enterprises Investors hired William M. Cockrum IV as senior vice president to head the company’s marketing and capital raising efforts. He will be based in th

Fri, 03 Feb 2012 04:47:10 GMT


GREEN LEAD | Green Building News from CoStar
GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement. Send in your Green News Leads to news@costar.com Latest Research on Green Real Estate Now Available

Fri, 03 Feb 2012 02:05:01 GMT


EXCLUSIVE: C-III Capital's Robert Lieber On NAI Global Acquisition and Growth Plans
Real estate investment firm C-III Capital Partners LLC last week completed its acquisition of Princeton, NJ-based NAI Global. The long-awaited closing came seven months after the transaction was announced in June, leading some to wonder if the deal had fallen by the wayside. But C-III was hardly idle during that time, acquiring three other companies and making a major play for cash-strapped CRE services firm Grubb & Ellis Co. As reported by CoStar...

Thu, 02 Feb 2012 04:23:19 GMT


Latest Potential Investor In Grubb & Ellis Emerges From Talks Without Agreement
A two-week period of exclusive negotiations between Grubb & Ellis Co. and New York-based financial brokerage BGC Partners expired Tuesday without an agreement, according to a document filed with the U.S. Securities and Exchange Commission. Under the previous agreement, Grubb & Ellis provided an exclusive right to negotiate for BGC Partners, headed by chief executive Howard Ludnick, to pursue a debt or equity financing agreement or acquisition of...

Thu, 02 Feb 2012 03:13:36 GMT


Warehouse Occupancy Rising, Market Remains Stable and Positive, Still Not at Point for Higher Rents, New Construction
With the gradual return of economic growth, including higher levels of manufacturing and consumer spending, the vacancy rate for U.S. warehouses continued to decline at the end of 2011 as the property sector was buoyed by its strongest quarter for net absorption since late 2008. The vacancy rate tracked across 210 markets by Property and Portfolio Research (PPR), CoStar’s analytics and forecasting division, declined to 9.6% in the fourth quarter...

Thu, 02 Feb 2012 02:33:03 GMT
 

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