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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.
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Updated: 18 hours 25 min ago

In The Pipeline: CoStar Development and Construction News for Aug. 22 - 28

Tue, 08/24/2010 - 03:15
In this week's Pipeline, the Empire State Building failed in its bid to amend or halt plans by Vornado Realty Trust to build a nearly 1,200-foot skyscraper in the sightlines of the historic building; a Los Angeles-based fund is providing $22.6 millionto...
Categories: Commercial RE News

Abercrombie & Fitch Shuttering 110 Stores

Mon, 08/23/2010 - 22:07
Abercrombie & Fitch intends to close 110 of its domestic stores by 2012. The Ohio-based apparel retailer said in an SEC filing last week that its would be shuttering 60 locations by the end of the year, with the remaining 50 stores closing in 2011...
Categories: Commercial RE News

Lease Up (Aug. 22-28): GMHC, WNET Sign Major Manhattan Office Deals

Mon, 08/23/2010 - 02:15
CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on consolidatations and lease...
Categories: Commercial RE News

CoStar's Deals of Note (Aug. 22-28)

Sun, 08/22/2010 - 17:50
SOUTH FLORIDA Sunstone Picks Up Royal Palms Hotel for $117M By Heather Sellers Sunstone Hotel Investors acquired the Royal Palm Hotel at 1545 Collins Ave. in Miami Beach at a foreclosure auction. The gross purchase price was $126.1 million,...
Categories: Commercial RE News

CoStar's People of Note (Aug. 15-21)

Thu, 08/19/2010 - 18:28
This week's People of Note includes the following markets: Chicago, New York City, San Francisco and Washington, DC. CHICAGO Sellis Joins Transwestern's Investment Sales Group The Chicago branch of Transwestern hired Janice Sellis as a director...
Categories: Commercial RE News

Marcus & Millichap Promotes Michaels

Thu, 08/19/2010 - 17:01
The Encino office of Marcus & Millichap named Brandon Michaels vice president, investments, one of the highest levels of recognition for its sales agents. Michaels joined Marcus & Millichap in 2004, focusing on retail investment sales. He was the top...
Categories: Commercial RE News

Lease Down (Aug. 15-21): Barnes & Noble, Aviat, A&P Face Uncertain Futures

Wed, 08/18/2010 - 04:53
CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on corporate expansions...
Categories: Commercial RE News

Hudson Pays $27.5M for Torrance Office Property

Wed, 08/18/2010 - 00:16
Hudson Pacific Properties Inc. purchased the Del Amo Office Building, a five-story, 113,000-square-foot property in Torrance, CA, from an unlisted entity for $27.5 million, or approximately $243 per square foot. The deal includes full ownership of...
Categories: Commercial RE News

Sky High Sports Leases 41,736 SF in Camarillo

Tue, 08/17/2010 - 19:44
Sky High Sports, which runs sports centers for activities like dodgeball tournaments and aerobics, leased 41,736 square feet from Marcus Adams Properties LLC, a privately-owned investment real estate company, at 166 N. Aviador Road in Camarillo, CA. The...
Categories: Commercial RE News

Lease Up (Aug. 15-21): Caterpillar, Great Dane, Amazon Expand

Tue, 08/17/2010 - 17:33
CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on consolidatations and lease...
Categories: Commercial RE News

CoStar's Deals of Note (Aug. 15-21)

Sun, 08/15/2010 - 17:30
NEW YORK Allianz Global Investors Leases 213,000 SF at 1633 Broadway By Esther Prince Allianz Global Investors signed a 20- year lease for 213,000 square feet at 1633 Broadway in Manhattan. The German financial services company is taking floors...
Categories: Commercial RE News

Foothill Promenade Nets $16 Million

Sun, 08/15/2010 - 17:00
Dollinger Properties, a Redwood City, CA-based property owner and developer, sold 475 Foothill Blvd. in La Canada to a private investor for $16 million, or roughly $380 per square foot. The 42,000-square-foot shopping center was constructed in 1995...
Categories: Commercial RE News

Studley Promotes 2 in Downtown L.A.

Thu, 08/12/2010 - 19:34
Andrew Lustgarten and Michael Shuken were promoted from managing director to corporate managing director at Studley in downtown Los Angeles. Lustgarten’s joined the firm in 2003. His day-to-day work consists of strategic real estate plans, market analysis...
Categories: Commercial RE News

CoStar's People of Note (Aug. 8-14)

Thu, 08/12/2010 - 17:47
This week's People of Note includes the following markets: Chicago, Kansas City, Los Angeles, New York City, Northern New Jersey, Philadelphia and San Francisco. NORTHERN NEW JERSEY Bangia Joins Realogy's Global Client Solutions Team Parsippany...
Categories: Commercial RE News