NATIONAL
A&B Properties Completes $81M in Retail Sale Transactions
By Sasha Pardy
A&B Properties, the real estate subsidiary of Honolulu, HI-based Alexander & Baldwin, closed on the $50.3 million sale of Mililani Shopping Center, which is located…
Posts from ‘January, 2010’
CoStar’s Deals of Note for Monday
CoStar’s People of Note (Jan. 24-30)
This week’s People of Note includes the following markets: National, San Diego, South Florida and Southern California.
NATIONAL
Cushman Taps Dieter to Lead Industrial Practice
Jim Dieter, SIOR has come out of retirement to head Cushman & Wakefield…
CoStar’s Deals of Note for Thursday
NEW YORK
Avon North America Relocating to 777 Third Ave.
By Delphine Thomas
Avon Products is relocating its North America unit to 777 Third Ave. in Manhattan. The global beauty products company signed 15-year lease for 246,500 square feet.
The…
Lease Up/Lease Down (Jan. 24-30): Disconnecting the Landline: Verizon to Cut 13,000 Jobs
CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial…
Lease Up/Lease Down (Jan. 24-30): Disconnecting the Landline: Verizon to Cut 13,000 Jobs
CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial…
Disconnecting the Landline: Verizon to Cut 13,000 Jobs
Despite performing relatively well in the fourth quarter, Verizon still experienced a loss, largely due to declining landline revenues and one-time layoff charges. The solution? The telecommunications giant is going with more layoffs.
John Killian…
Lincoln Shores Changes Hands for $24.2M
A joint venture between The Praedium Group and Greystar Real Estate Partners has acquired the 631-unit Lincoln Shores apartment community in Saint Petersburg, FL, for $24.2 million or about $38,300 per unit.
Built in 1984, the apartment community…
CoStar’s Deals of Note for Wednesday
CHICAGO
FDIC Opening Temporary Office in Chicago Area
By Andrew Deichler
The Federal Deposit Insurance Corp. (FDIC) said last week that it is opening a temporary satellite office northwest of Chicago to manage receiverships and liquidate assets…
Cushman Taps Dieter to Lead Industrial Practice
Jim Dieter, SIOR has come out of retirement to head Cushman & Wakefield’s industrial real estate practice. Dieter, who retired from an eight-year stint as head of CB Richard Ellis’s industrial practice in The Americas last November, will now lead Cushman…
In The Pipeline: CoStar Development and Construction News for Jan. 24-30
In this week’s issue, we report on two more large construction projects awarded to Turner Construction for projects in Queens, NY and Atlanta, GA; San Francisco data center developer Digital Realty Trust, Inc. will team up with KDC to develop build-to…