Market News

CoStar's Daily Deals of Note for Thursday

Real Estate News - Thu, 12/04/2008 - 03:20
CHICAGO Freudenberg Inks 525,000-SF Built-to-Suit Deal in Chicago Area by Erik Smith Freudenberg Household Products signed a 10-year, 525,000-square-foot lease with IDI to relocate its operations from Northlake, IL, to a new headquarters facility...
Categories: Market News

GREEN LEDE | Green Building News from CoStar

Real Estate News - Tue, 12/02/2008 - 12:03
Welcome to Green Lede, a CoStar feature column by sustainability reporter Andrew Burr examining green building and its impact on commercial real estate, politics and the environment. Nov. 30, 2008 Three Years Later, CalPERS Energy Goal Showing Progress...
Categories: Market News

IN THE PIPELINE (Nov. 30-Dec. 6): New Reports Reveal Deepening Building Woes

Real Estate News - Tue, 12/02/2008 - 11:55
In The Pipeline is a column by Senior News Editor Randyl Drummer on significant land sales, transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new project...
Categories: Market News

CoStar's Retail News Roundup: Nov. 30 to Dec. 6, 2008

Real Estate News - Mon, 12/01/2008 - 08:36
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Yogen Fruz, Melting Pot, and Brixx Wood Fired Pizza; new retail developments in TN, CA and NY; acquisition, merger, loan or sale activity at Sun Capital, Borders, and GGP...
Categories: Market News

Williams Place Grabs $1M

Real Estate News - Wed, 11/26/2008 - 04:34
The Williams Place shopping center in Burlington, NC, sold for $1.05 million, or roughly $98 per square foot, in a sale between private investors The 10,720-square-foot retail strip center at 152-162 Holly Hill Lane is in the West Burlington/Airport...
Categories: Market News

Columbia Office Bldg. Trades for $2.9M

Real Estate News - Wed, 11/26/2008 - 03:22
The office building at 861 W. James Campbell Blvd. in Columbia, TN, sold for $2.9 million, or about $200 per square foot, in a sale between private investors. The single-story, 14,520-square-foot office building was built last year in the Maury County...
Categories: Market News

All Commercial Floors Pays $2.5M for Distribution Bldg.

Real Estate News - Wed, 11/26/2008 - 02:41
All Commercial Floors, a commercial flooring contractor, acquired the industrial building at 2927-2937 Armory Drive in Nashville from R&C Holdings for $2.5 million, or $52 per square foot. The 47,800-square-foot distribution building was built in 1963...
Categories: Market News

Brookside Purchases Whispering Hills for $6.1M

Real Estate News - Wed, 11/26/2008 - 02:00
Brookside Properties, purchased the Whispering Hills apartment complex in Nashville from a private investor for $6.1 million, or about $38,600 per unit. The 128,510-square-foot apartment complex was constructed in 1967 and consists of 158 units. It...
Categories: Market News

CoStar's Retail News Roundup: Nov. 24 to 30, 2008

Real Estate News - Mon, 11/24/2008 - 09:19
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Al Copeland Investments and RedBrick Pizza; new retail developments in TX, PA, MO, OH, IL and NJ; acquisition, merger, loan or sale activity at Macerich and Circuit City...
Categories: Market News

Watch List (Nov. 16-22): Seismic Shocks

Real Estate News - Thu, 11/20/2008 - 11:05
In this week's issue: CalPERS housing program loses $3.1 billion. Thomas Properties Group presses courts for needed $100 million from Lehman Bros. Non-performing matured loans boosting CMBS, CDO delinquencies. Rivals Cushman & Wakefield, CBRE thinking...
Categories: Market News

Under Contract (Nov. 16-22): A Quarter of a Billion To Change Hands

Real Estate News - Thu, 11/20/2008 - 11:04
In this week’s issue: We give you the latest properties Under Contract in: Arizona, California, Connecticut, Florida, Kentucky, Maine, Massachusetts, Ohio, Oklahoma, Pennsylvania, Texas and Washington. Under Contract Cornerstone Growth & Income REIT...
Categories: Market News

Property Finance (Nov. 16-22): Macerich Clearing 2009 Maturities

Real Estate News - Thu, 11/20/2008 - 11:03
In this week's issue: Macerich lines up $380 million in financings. Boston Properties secures $375 million. Plus we give you new property finance deals and a valuable leads list of retail lenders on recent acquisitions and loans maturing in the next...
Categories: Market News

Closures & Layoffs (Nov. 16-22): Layoffs Hit Sun, AMD and Other Tech Firms

Real Estate News - Thu, 11/20/2008 - 11:02
In this week's issue: We give you the latest announcements of major U.S. corporation closures and layoffs including Advanced Micro Devices, Alcoa, Amylin Pharmaceuticals, Brunswick Corp., Comsys IT Partners, Imation, Intersil, Metaldyne, MGP Ingredients...
Categories: Market News

Expansions & Relocations (Nov. 16-22): World Bank Secures HQs Lease

Real Estate News - Thu, 11/20/2008 - 11:01
In this week's issue: World Bank takes 227,000 square feet. Nothing to sneeze at. K&L Gates build out begins in Pittsburgh. Strayer Education books headquarters in NoVA. Plus, we give you expansion news of: Baxter International, Forward Air, Gehry...
Categories: Market News

Cole Buys hhgregg in Mt. Juliet for $6.3M

Real Estate News - Wed, 11/19/2008 - 08:28
Cole Real Estate Investments purchased the hhgregg appliances and electronics store at 56 Belinda Parkway in Mount Juliet, TN, from Newton Oldacre McDonald for $6.3 million, or $212 per square foot. The 30,000-square-foot retail building is in the...
Categories: Market News

Williamson County Pays $4.5M for Franklin Industrial

Real Estate News - Wed, 11/19/2008 - 01:43
Investment manager W.P. Carey & Co. sold the industrial building at 306 Beasley Drive in Franklin, TN, to the Williamson County Government for $4.45 million, or $37 per square foot. The buyer plans to occupy the building and use it for government services...
Categories: Market News

IN THE PIPELINE (Nov. 16-22): Club Deal, Local Focus Powers $194M Development Loan

Real Estate News - Tue, 11/18/2008 - 04:40
In this week's issue, a financing deal struck by Cassidy & Pinkard Colliers in the nation's capital illustrates that capital is still available for the right office development; data center and industrial REITs continue to cancel projects; the 25-acre...
Categories: Market News

Harold's Stores Files Bankruptcy

Real Estate News - Tue, 11/18/2008 - 03:35
Dallas-based Harold's Stores Inc. and its related companies (Harold's Stores Inc., Harold's Direct Inc., Harold's Financial Corp., HSTX Inc., Harold's of Jackson Inc., Harold's Limited Partner Inc. and Harold's Stores of Texas LP) have filed Chapter...
Categories: Market News

Auctioneer Makes 26,000 SF Bid at Donelson Plaza

Real Estate News - Tue, 11/18/2008 - 03:22
Donelson Auction Outlet leased 26,000 square feet from In-Rel Management at the Donelson Plaza in Nashville. Occupancy is slated for December, after the landlord completes some sprinkler work. Bryan Zenchyk represented In-Rel Management, in-house...
Categories: Market News

CoStar's Retail News Roundup: Nov. 16 to 22, 2008

Real Estate News - Mon, 11/17/2008 - 09:04
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Columbia, Office Max, Disney Store, and Fresh & Easy; new retail developments in NJ, MO, CA, MI and OK; acquisition, merger, loan or sale activity at Weingarten and Hines...
Categories: Market News