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CoStar's People of Note (Jan. 29-Feb. 4)

2/2/2012 10:47 PM

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 pres...Read More

GREEN LEAD | Green Building News from CoStar

2/2/2012 8:05 PM

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 ...Read More

Latest Potential Investor In Grubb & Ellis Emerges From Talks Without Agreement

2/1/2012 9:13 PM

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, head...Read More

Flaminogo Professional Court Sold for $1.1M

1/31/2012 7:09 PM

The Siegel Group purchased the 37,242-square-foot medical office building at 3530 E. Flamingo Rd. in Las Vegas, Nevada. Bank of America, NA sold the building for $1.05 million, or $28 per square foot, in an REO sale. The building was delivered in 2001 on 2.6 acres in Clark C...Read More

Real Money: Goldman Sachs Hits the Street with $1.15 Bil. CMBS Deal

2/1/2012 5:05 AM

Goldman Sachs is the putting out the first new CMBS offering of 2012. GS Mortgage Securities Trust 2012-GC6 is a pool of 80 fixed-rate loans totaling $1.15 billion and backed by 127 properties. The loans were originated by Goldman Sachs Mortgage Company (45.8%), Citigroup Global Markets Realty Corp. (45.1%), and Archetype Mortgage Funding ILL...Read More

In The Pipeline: CoStar Development & Construction News for Jan. 29 - Feb. 4

1/30/2012 9:03 PM

In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new Read More

Market Trend: Las Vegas's Retail Vacancy Decreases to 10.9%

1/30/2012 12:12 AM

The Las Vegas retail market experienced a slight improvement in market conditions in the fourth quarter 2011. The vacancy rate went from 11.1% in the previous quarter to 10.9% in the current quarter. Net absorption was positive 222,717 square feet, and vacant sublease space increased by 10,076 square feet. Tenants moving into large block...Read More

CoStar's People of Note (Jan. 22-28)

1/26/2012 10:19 PM

This week's People of Note includes the following markets: Dallas, Denver, National, New York City, Orange County, San Francisco and Washington, DC. DALLAS, NATIONAL Behringer Harvard Appoints New President, CEO of REITs By Laurie Forbes Behringer Harvard hired Michael J. O'Hanlon as an executive vice president of the firm and as CEO and pr...Read More

LAST CALL! Deadline Is Next Week for CoStar Power Broker Awards

1/25/2012 5:10 AM

This is it! Don't miss out on this opportunity to have your 2011 professional accomplishments recognized by making sure you get credit for the leases and sales you closed in 2011 and you may qualify for the CoStar Power Broker Awards! The deadline to submit your transactions is next Wednesday, February 1, 2012. As the leading industry award re...Read More

Behringer Harvard Appoints New President, CEO of REITs

1/24/2012 1:49 AM

Behringer Harvard hired Michael J. O'Hanlon as an executive vice president of the firm and as CEO and president of Behringer Harvard Opportunity REITs I and II. He took the place of Robert S. (Bob) Aisner who was tapped as vice chairman of the REITs. O'Hanlon has more than three decades of industry experience with a background in asset managemen...Read More

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.