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Las Vegas Commercial Real Estate News From CoStar Group

Under Contract (May 11-17)
5/14/2008 6:54 AM
HRPT Properties Trust agreed to the $565 million sale of 48 medical offices, clinics and lab buildings totaling 2.2 million square feet to Senior Housing Properties Trust, an HRPT unit spun off in 1999. Senior Housing will pay $554 million in cash at........

Business Expansions, Relocations (May 11-17)
5/14/2008 6:53 AM
DayStar Technologies signed a 10-year lease with BioMed Realty Trust Inc. for 157,140 square feet at 7333 Gateway Blvd. in Phase I of the Pacific Research Center in Newark, CA. The solar energy company also negotiated an optional one-year expansion for........

CoStar's Daily Deals of Note for Wednesday
5/14/2008 3:45 AM
BOSTON James Campbell Sells 50 Milk St. for $170.4 Million by Michelle Waiters James Campbell Co. LLC sold 50 Milk St. in Boston to Ponte Gadea, a Spanish real estate investment group, for $170.4 million, or about $620.50 per square foot. The........

Fresh & Easy Spends $2.7M on New Location
5/12/2008 9:37 PM
Fresh and Easy Neighborhood Market Inc. purchased 1.7203 acres at Durango Drive and El Capitan Way in Las Vegas, NV. Peterson Properties Real Estate sold the land pad for $2.7 million, or approximately $1.57 million per acre. It was zoned T-C with........

CoStar's Retail News Roundup: May 11 to 17, 2008
5/11/2008 11:16 PM
This week in the Retail Roundup, CoStar reports on expansions or new concepts at S&K Menswear, 85c Bakery Café and Nike/Finish Line; new retail developments in VA, MS, LA, WA and IN; acquisition, merger, loan or sale activity at Centro Properties Group........

Watch List (May 4-10): Lenders Continue To Tighten Money Supply
5/8/2008 5:04 AM
In this week’s issue: -- The Federal Reserve tells us that it is getting harder to get a CRE loan; -- However, Fitch Ratings says most borrowers with large loans coming due should be able to extend or refinance with little trouble; -- American Realty........

Facility Closures and Layoffs (May 4-10)
5/8/2008 5:04 AM
This article is excerpted from Watch List, a weekly column of market conditions, company expansions and contractions and real estate investment opportunities. Pliant Corp. in Schaumburg, IL, plans to consolidate a number of locations: 299 Clukey Drive........

Business Expansions, Relocations (May 4-10)
5/8/2008 7:48 AM
ALMO Distributing Wisconsin leased 107,505 square feet at 7515 N. 81st St. in Milwaukee, WI. It will move from its current site at 4200 N. Port Washington Road this month. Tom Shepherd of Inland Cos. represented Centerpoint Properties. Jim Young of Colliers........

Under Contract (May 4-10)
5/8/2008 7:47 AM
Winthrop Realty Trust announced that the condition to transferring the property at 600 W. Jackson St. in Chicago, IL, a property in its Marc Realty portfolio, has been satisfied and that the sale of the property is expected to occur within the next 90........

Rainbow Vista Center Sells for $4.8 Million
5/7/2008 7:26 AM
Rainbow Vista LLC purchased the general/retail building at 6700 W. Charleston Blvd. from Rose Court LLC for $4.8 million, or about $338 per square foot. The one-story retail building totals 14,183 square feet. It was built in 1996 and is part of the........

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