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From: www.inman.com
"Please contact the Inman News Syndication Department to receive information on how to put our news on your website."
Gardena Fixture Buys Industrial Property for $3.3M
From: www.costar.com
"Yakov Abergel, taking title as RAA Investments LLC, purchased 1435 W. 139th St. in Gardena, CA, for $3.33 million. Steven W. Stanton Separate Property Trust sold it for approximately $145 per square foot. Abergel's company, Ark Lighting, which produces..."
Watch List (April 20-26): Property Prices Adjusting to Market Conditions
From: www.costar.com
"In this week s issue:
-- Moody's and S&P continue to log property price increases but the pendulum appears to be swinging toward declines;
-- Rabobank says beer consumption patterns are forcing distributor consolidations;
-- The Luxury Institute says..."
Facility Closures and Layoffs (April 20-26)
From: www.costar.com
"This article is excerpted from Watch List, a weekly column of market conditions, company expansions and contractions and real estate investment opportunities.
Chicken processor Pilgrim's Pride Corp. in Pittsburg, TX, had a double whammy on the employment..."
CoStar's Daily Deals of Note for Thursday
From: www.costar.com
"MANHATTAN
News Corp. Takes 83,800 SF in SL Green Tower
by Tracie Anderson
News America Inc., the principal U.S. subsidiary of Rupert Murdoch's massive News Corporation media conglomerate, signed an 83,822-square-foot lease at 1185 Avenue of the Americas..."
Business Expansions, Relocations (April 20-26)
From: www.costar.com
"Bilzin Sumberg Baena Price & Axelrod LLP, signed a 10-year lease in Brickell Financial Centre's phase one tower in Miami, FL. Bilzin Sumberg's 115,000-square-foot lease marks a 30,000-square-foot expansion for the firm, taking up more than 15% of the..."
Under Contract (April 20-26)
From: www.costar.com
"Washington Real Estate Investment Trust agreed to acquire Lansdowne Medical Office Building, an 85,300-square-foot medical office development currently under construction, for $19.5 million. The project is at the intersection of Riverside Parkway and..."
Empire Takes East Village Hollywood for $12M
From: www.costar.com
"Los Angeles-based Empire Investments purchased 5718-5728 E. Hollywood Blvd. in Los Angeles, known as East Village Hollywood, for $12 million, or approximately $279,000 per unit. Stewart Trust and Maman Properties LLC sold the 43-unit residential property..."
Investor Pays $15M for Piece of Centre Point Marketplace
From: www.costar.com
"Center Pointe Marketplace LLC sold a portion of the 104,701-square-foot Center Point Marketplace in Santa Clarita, CA, for $15.37 million, or about $678 per square foot. The 22,680-square-foot property is at 26400 Golden Valley Road.
Private investors..."
CoStar's Retail News Roundup: Apr. 20 to 26, 2008
From: www.costar.com
"This week in the Retail Roundup, CoStar reports on expansions or new concepts at JoS. A. Bank, J.C. Penney, Fresh & Easy, Gander Mountain, Crate & Barrel; new retail developments in FL, CA, GA and MD; acquisition, merger, loan or sale activity at Saul..."
Trust Buys City of Industry Industrial for $6M
From: www.costar.com
"Feit 1984 Trust purchased the industrial building at 14323-14431 Proctor Ave. in City of Industry from Proctor Inc. for $6 million, or about $96 per square foot.
The industrial property was built in 1974 and consists of 62,600 square feet with approximately..."
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