Appraisers of Las Vegas: Real Estate Appraisals in Clark County, Henderson and Nevada

7/25/2010 8:19 PM

DALLAS/FT. WORTH Capri Capital Sells 725,351-SF Office Portfolio in Dallas By Timothy Houseal Four Dallas office buildings have changed ownership as Capri Capital Partners sold 725,351 square feet at 8111-17 Preston Road and 5949 Sherry Lane to.....Read More

Lease Up/Lease Down (July 25-31): Major NYC Deals for CBS, NFL & Healthfirst

7/28/2010 12:40 AM

CoStar compiles news of company expansions and relocations, as well as consolidations, closures and layoffs. Look for Lease Up and Lease Down every week, to stay updated on major corporate moves affecting commercial real estate. In this week's issue.....Read More

Berg & Tumbleson Investment Group Joins Colliers

7/27/2010 9:29 PM

In response to heightened interest in retail properties in Southern Nevada, Colliers International has added a new brokerage team to handle investment sales and retail leasing: The Berg & Tumbleson Investment Group. "In recent months we have received.....Read More

CoStar to Introduce the First Comprehensive Repeat Sales Index for Commercial Real Estate

7/27/2010 5:01 AM

CoStar announced it is launching the CoStar Commercial Repeat Sales Index (CCRSI), the first comprehensive repeat sales index for commercial real estate. The index is intended to provide consistent and timely information to help answer some of the fundamental.....Read More

In The Pipeline: CoStar Development and Construction News for July 25-31

7/26/2010 10:06 PM

In this week's Pipeline, the Ak-Chin Indian Community and general contractor PENTA Building Group break ground on $20 million expansion of a Harrah’s Casino south of Phoenix; a Denver-based electrical contractor completes a new design-build $64 million.....Read More

Cabinet Maker Signs for 5 Years

7/27/2010 7:19 AM

Cabinets Now LLC signed on to lease 24,040 square feet of warehouse space for five years at the Monarch Business Center in Las Vegas. The triple-net lease's gross value was reported at more than $740,000. The 123,372-square-foot warehouse at 4375 S.....Read More

CoStar's People of Note (July 18-24)

7/22/2010 9:23 PM

This week's People of Note includes the following markets: Atlanta, Chicago, Detroit and Raleigh/Durham. ATLANTA Avison Young Acquires Hodges Management and Leasing Avison Young purchased Hodges Management and Leasing Co., an Atlanta-headquartered.....Read More

In The Pipeline: CoStar Development and Construction News For July 18-24

7/20/2010 4:07 AM

In this week's Pipeline, a consensus of construction industry experts delivers a sobering forecast for commercial and other nonresidential building activity for the remainder of 2010; CGA Capital has pulled together $687 million in financing for Center.....Read More

Lease Up/Lease Down (July 18-24): Daily News Relocates, J&J Cuts Jobs

7/20/2010 4:06 AM

Wells Fargo to Remain at Hughes Center

7/19/2010 8:06 PM

Wells Fargo (NYSE: WFC) renewed its 60,200-square-foot lease at 3800 Howard Hughes Parkway in Las Vegas for 10 years. The bank will continue to occupy five floors in the building. The 18-story, 278,964-square-foot office tower was built in 1987 and.....Read More

Regulatory Reform: What Impact Will It Have On Commercial Real Estate?

7/28/2010 9:33 PM

The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law by President Obama last week, is a cornerstone of Congress and the Administration’s financial regulatory reform agenda, creating the most sweeping changes in U.S. financial.....Read More

Retail Leasing Continues to Strengthen, But Investment Activity Remains Sluggish

7/28/2010 9:01 PM

Retailers, consumers and the general economy are clearly better off than they were a year ago -- and that’s translating into an increase in leasing acyivity and overall occupancy together with a deceleration in rent declines for retail property owners.....Read More

True Value Renews 1.2 Million SF in Harvard, IL

7/28/2010 4:00 AM

True Value Co. renewed 1.19 million square feet of warehouse space for 10 years in Harvard, IL. The distribution center, one of 12 the retailer-owned hardware cooperative owns in the U.S., will continue to ship products from this location to its stores.....Read More

Pritzker, Bozzuto Form $75M Multifamily Joint Venture

7/28/2010 2:15 AM

Pritzker Realty Group has partnered with The Bozzuto Group to establish a multifamily equity fund with an initial investment of $75 million. The fund will purchase and develop apartment communities in the Mid-Atlantic and Northeast with a primary focus.....Read More

Lease Up/Lease Down (July 25-31): Major NYC Deals for CBS, NFL & Healthfirst

7/28/2010 12:40 AM

SL Green Signs CBS & Healthfirst to Major Office Deals

7/27/2010 8:18 PM

It was another landmark week for SL Green. The office REIT inked long-term deals for CBS Broadcasting and Healthfirst in Manhattan, while one of its subsidiaries closed two leases for PepsiCo and Citigroup in the Westchester/Southern Connecticut region.....Read More

Study Finds Commercial Retrofits Could Save $41B Annually In Energy Costs

7/28/2010 5:11 AM

Although energy-efficient retrofitting of commercial buildings has the potential to return twice as much in savings to owners and tenants as they require in investments, interest in pursuing retrofits has remained relatively low, dampened by the financial.....Read More

NFL Relocates, Cuts Back on Space

7/27/2010 11:30 PM

The National Football League (NFL) officially announced Tuesday that it is relocating its headquarters to 345 Park Ave. in Manhattan. But although the nation's most popular sports league inked one of the New York's largest office leases this year, it.....Read More

CoStar to Introduce the First Comprehensive Repeat Sales Index for Commercial Real Estate

7/27/2010 5:01 AM

In The Pipeline: CoStar Development and Construction News for July 25-31

7/26/2010 10:06 PM

CoStar's Deals of Note (July 25-31)

7/25/2010 8:19 PM

Sunbelt Pays Suncor Acquires Suncor Assets

7/28/2010 2:38 AM

Suncor Development sold a large portion of its remaining assets to Sunbelt Holdings. The sale price was not disclosed. The sale included multiple properties throughout Arizona, including approximately 1,867 acres of undeveloped land in Palm Valley.....Read More

Lease Up/Lease Down (July 25-31): Major NYC Deals for CBS, NFL & Healthfirst

7/28/2010 12:40 AM

Phoenix's Top Industrial Sales for Q2 2010

7/27/2010 11:45 PM

The following is an account of the Phoenix market’s top five industrial sale transactions for second quarter 2010. Western Digital Corp. purchased 1100 E Bell Road in Phoenix for $20 million, or $37 per square foot. The property is comprised of two.....Read More

Churney Joins Johnson Capital

7/27/2010 11:44 PM

Neal Churney has joined Johnson Capital as senior vice president. He has extensive experience in underwriting and analyzing loans across all major commercial property types. Churney has originated permanent commercial loans for real estate investment.....Read More

Phoenix's Top Office Leases for Q2 2010

7/27/2010 9:56 PM

The following is an account of the Phoenix market's top 10 office lease transactions for second quarter 2010. eBay signed a 10-year lease for the entire 188,730-square-foot Chandler Echelon I in Chandler. Jeffrey Wentworth, Blake Hastings, Michael.....Read More

Phoenix's Top Office Sales for Q2 2010

7/27/2010 9:55 PM

The following is an account of the Phoenix market’s top five office sale transactions for second quarter 2010. Vulcan Inc. purchased 222 S. Mill Ave., a 259,171-square-foot building in Tempe, for $35 million, or roughly $135 per square foot. Jim Fijan.....Read More

CoStar to Introduce the First Comprehensive Repeat Sales Index for Commercial Real Estate

7/27/2010 5:01 AM

In The Pipeline: CoStar Development and Construction News for July 25-31

7/26/2010 10:06 PM

CoStar's People of Note (July 18-24)

7/22/2010 9:23 PM

CoStar's Deals of Note (July 25-31)

7/25/2010 8:19 PM

Amway Distributor Leases 155,484 SF

7/20/2010 8:45 PM

Alticor/Access Business Group, a Michigan-based manufacturer and distributor of consumer goods for Amway and other companies, signed a seven-year lease with Golden Springs Development Co. at the Golden Springs Business Center. It will fully occupy building.....Read More

JLL Promotes 3 in L.A.

7/28/2010 2:29 AM

Jones Lang LaSalle promoted Aaron Ahlburn, John Strauss and Troy Freeman in its Los Angeles area offices. Ahlburn, based in El Segundo, specializes in the research of industrial properties and analyzes economic trends in the distribution, warehouse.....Read More

Lease Up/Lease Down (July 25-31): Major NYC Deals for CBS, NFL & Healthfirst

7/28/2010 12:40 AM

CoStar to Introduce the First Comprehensive Repeat Sales Index for Commercial Real Estate

7/27/2010 5:01 AM

In The Pipeline: CoStar Development and Construction News for July 25-31

7/26/2010 10:06 PM

CoStar's People of Note (July 18-24)

7/22/2010 9:23 PM

Pico Rivera Industrial Bldg. Sells for $2.5M

7/21/2010 3:09 AM

Tien Chun and Tien Shiang Pan acquired a 28,890-square-foot industrial building at 8226 Whittier Blvd. in Pico Rivera, CA, from Swami Equipment Leasing Co. for $2.5 million, or about $87 per square foot. Built in 1955, the building is on a 3.1-acre.....Read More

Two L.A. Multifamilies Trade for $12.2 Million

7/20/2010 10:03 PM

Rohit Mehta of Investment Corp. purchased two multifamily properties at 200 S. Sycamore Ave. and 11645 Gorham St. in Los Angeles, CA. The property on Sycamore totaled 19 units and was purchased for $4.95 million, or approximately $260,315 per unit. The.....Read More

Jam'n Products Signs 3-Year Lease in L.A.

7/20/2010 9:21 PM

Jam'n Products Inc., a Vernon, CA-based wholesaler, signed an 85,550-square-foot lease for three years with Vernon Bandini Partnership. Jam'n will occupy more than half of the building. The 147,300-square-foot industrial property is at 4177-4199 Bandini.....Read More

CoStar's Deals of Note (July 25-31)

7/25/2010 8:19 PM

Red Robin Land Sells for $2.3M

7/28/2010 2:26 AM

A private investor acquired the fee-simple ownership in the land leased to Red Robin at 18999 Bear Valley Road in Apple Valley, CA, for $2.28 million. Red Robin is located at 18999 Bear Valley Road in the Jess Ranch Marketplace, Phase III. The shopping.....Read More

Irvine Flex Changes Hands for $2.1M

7/28/2010 1:35 AM

HPV Technologies Inc. purchased 17752 Fitch in Irvine, CA, from a private seller for $2.1 million, or about $98 per square foot. Escrow lasted approximately 30 days. The 21,463-square-foot flex building was built in 1987. The buyer will occupy the.....Read More

Lease Up/Lease Down (July 25-31): Major NYC Deals for CBS, NFL & Healthfirst

7/28/2010 12:40 AM

Orange Office Trades for $22M

7/27/2010 8:32 PM

Kilroy Realty Corp. purchased the 98,551-square-foot office building at 999 W. Town and County Road in Orange, CA, from TA Associates Realty, for $22.17 million, or $225 per square foot. The four-story building was fully leased at the time of sale.....Read More

Anaheim Industrial Nets $1.9M

7/28/2010 7:39 AM

Hardin Oldsmobile sold the industrial building at 11315 S Claudina St. in Anaheim, CA, to private buyers for $1.89 million, or approximately $80 per square foot. The 23,200-square-foot industrial building was constructed in 1961. It is located near.....Read More

CoStar to Introduce the First Comprehensive Repeat Sales Index for Commercial Real Estate

7/27/2010 5:01 AM

In The Pipeline: CoStar Development and Construction News for July 25-31

7/26/2010 10:06 PM

CoStar's People of Note (July 18-24)

7/22/2010 9:23 PM

Investors Buy Laguna Beach Multifamily for $4.3M

7/20/2010 9:00 PM

Private investors purchased the multifamily complex at 376 Cliff Drive in Laguna Beach, CA, from a local limited partnership for $4.3 million, or about $327,000 per unit. The capitalization rate was 3.21%. The 13-unit complex consists of eight studio.....Read More

CoStar's Deals of Note (July 25-31)

7/25/2010 8:19 PM

Coronado Office Condo Closes for $500 PSF

7/28/2010 4:06 AM

Dr. William Shuffet, M.D. acquired the 2,094-square-foot condo unit at 131 Orange Ave. in Coronado, CA, for $1.05 million, or $500 per square foot. Built in 2006, the unit is within the Coronado Views mixed development project consisting of street.....Read More

New York Costume Co. Buys 15,000-SF Industrial

7/28/2010 3:44 AM

Rubie's Costume Co. purchased the 14,610-square-foot industrial building at 2711 W Loker Ave. in Carlsbad, CA, from 2711 Loker Ave LLC. The property sold for $1.65 million, or $113 per square foot. The building last sold a year ago for $1 million......Read More

Lease Up/Lease Down (July 25-31): Major NYC Deals for CBS, NFL & Healthfirst

7/28/2010 12:40 AM

Chembridge Acquires San Diego Flex Condo

7/28/2010 7:50 AM

ChemBridge Corp. purchased a 4,992-square-foot condo unit at 11199 Sorrento Valley Road in San Diego, CA, for $998,500 or $200 per square foot. Renovated in 2008, the Venture Sorrento Office Park offers units with individual entrances, building signage.....Read More

Financing Secured for San Diego Warehouses

7/28/2010 7:22 AM

George Smith Partners has completed a $15 million senior permanent loan for three warehouse distibution buildings in San Diego, CA, a total of 230,000 square feet. Gary Mozer, Josh Roseman and Steve Orchard, all of George Smith Partners, arranged.....Read More

CoStar to Introduce the First Comprehensive Repeat Sales Index for Commercial Real Estate

7/27/2010 5:01 AM

In The Pipeline: CoStar Development and Construction News for July 25-31

7/26/2010 10:06 PM

CoStar's People of Note (July 18-24)

7/22/2010 9:23 PM

Schur Marketing & Technologies Leases Industrial Space in Oceanside

7/22/2010 5:29 AM

Schur Marketing & Technologies USA, a firm that specializes in the manufacturing of water vending machines and dispensing products, leased 18,722 square feet at 2664 Vista Pacific Drive in Oceanside, CA. Total consideration for the 62-month deal is approximately.....Read More

CoStar's Deals of Note (July 25-31)

7/25/2010 8:19 PM

Zephyr Express Leases 101,250 SF

7/28/2010 3:20 AM

Zephyr Express, a wine storage and delivery company, signed a 101,250-square-foot lease for 40 months with Panattoni Development Co at the Napa Airport Centre. The tenant will complete the move in next month and occupy the entire building. The industrial.....Read More

Lease Up/Lease Down (July 25-31): Major NYC Deals for CBS, NFL & Healthfirst

7/28/2010 12:40 AM

Cassidy Turley BT Promotes Strotz

7/27/2010 10:24 PM

Whitney Strotz was promoted to partner in the North Bay Cassidy Turley BT Commercial office. Prior to beginning his career in commercial real estate with Cassidy Turley in 2002, Strotz was a successful sales and marketing executive. Since joining BT.....Read More

Les Concierges Relocates HQ to 77 Maiden Lane

7/28/2010 7:23 AM

Les Concierges Inc. has decided on the new location for its San Francisco headquarters. It will occupy a portion of the fifth and the entire sixth and seventh floors totaling 25,575 square feet at 77 Maiden Lane. A completed move in is planned September The.....Read More

CoStar to Introduce the First Comprehensive Repeat Sales Index for Commercial Real Estate

7/27/2010 5:01 AM

In The Pipeline: CoStar Development and Construction News for July 25-31

7/26/2010 10:06 PM

Onyx Pharmaceuticals Inks 126,493-SF Office Deal

7/26/2010 6:35 AM

Onyx Pharmaceuticals Inc., a cancer biopharmaceutical company, signed for 126,493 square feet at 249 E. Grand Ave. in South San Francisco, CA. The deal includes 68,738 square feet subleased from Exelixis and an entire first and second floor space leased.....Read More

CoStar's People of Note (July 18-24)

7/22/2010 9:23 PM

In The Pipeline: CoStar Development and Construction News For July 18-24

7/20/2010 4:07 AM

Appraisers of Las Vegas Appraises Houses to High-Rises. Expert residential and commercial appraisals of all types of real estate by Nevada Licensed and Certified Residential and Certified General Commercial Appraisers in Las Vegas, Henderson, North Las Vegas, Boulder City, Clark County and all of Southern Nevada. We also provide appraisals in the Clark County communities of Summerlin, Paradise, Aliante, Seven Hills, Anthem, Green Valley, Southern Highlands, Sun City, Spanish Trails, Spanish Hills, Rhodes Ranch and all of the local condo communities.