Market scarred by inflation, capital exhaustion
From: feeds.feedburner.com
"Commentary: Reality sets in and it ain't pretty
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Three years, and still no paperweight
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"Diary of a Real Estate Rookie
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Changing the industry: 5 ideas at a time
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"Panelists to discuss new real estate technology
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Real estate coach breaks into card games
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"Real Estate Connect Speaker Profile: Bernice Ross
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MLSs, brokers eye consumer tools
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"Mapping, AVMs, market reports becoming the norm
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Realtors justify Tempo 5 launch
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"Real estate technology roundup
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Confusion over new VOW rules clarified
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"Inman blog scan
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Bug Realty founder says 'lose the Lexus'
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"Real Estate Connect Speaker Profile: Kevin Seney
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Analyze this: Web site pushes property analytics to next level
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"ERealInvestor provides long-term view of property purchases
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Tap into Gen X, Gen Y goldmine
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"If you're not marketing listings with video, you're missing out
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FBI announces mortgage fraud arrests
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"Five dozen suspects rounded up in one day
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Spider-themed network lures investors
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"Black Widow Network offers investor-owned properties for sale
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No bottom yet for California's new-home market
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"Real estate roundup
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Gen Y buyers are knocking
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"Real estate technology roundup
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Consider the Internet an ally
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"Realtor Notebook
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Dr. Pepper Snapple Plans $120M Facility in Southern CA
From: www.costar.com
"Leading beverage producer Dr. Pepper Snapple Group, Inc. has completed plans for a $120 million manufacturing plant and distribution center in Victorville, CA. When complete, the plant will have the capability to produce 40 million cases of product per..."
CoStar's People of Note for Friday
From: www.costar.com
"Today's People of Note include the following markets: Atlanta, Baltimore, Denver, Houston, Inland Empire, Jacksonville, Los Angeles, New York City, Orange County, Phoenix, Sacramento and St. Louis.
NEW YORK CITY
NAI Global Names Exec. Managing Director
By..."
City of Commerce Industrial Building Sells for $3.15M
From: www.costar.com
"BW Enterprises, Inc. acquired the 30,000-square-foot industrial building at 6371 Randolph St. for $3.15 million, or $105 per square foot from the Anderson Family Trust.
The building was delivered vacant, and was not actively listed on the market..."
Blue Plumbing Co. Purchases Glendale Industrial Property for $3M
From: www.costar.com
"Lucien C & Sandra L Claude 1999 Trust sold the buildings at 1838-1842 Flower Street in Glendale to Blue Plumbin Co. for $3 million, or about $233 per square foot.
The property consists of a 9,350-square-foot office/warehouse building (1838-1840 Flower..."
Porter Ranch Shopping Center Sells for $26.15M
From: www.costar.com
"JH Real Estate Partners, Inc. purchased the Porter Ranch Shopping Center for $26.15 million, or about $675 per square foot, from a private investment group.
The 38,735-square-foot center at 19300-19338 Rinaldi Street in Porter Ranch features tenants..."
Grubb & Ellis Promotes Casillas to Assoc. VP
From: www.costar.com
"Grubb & Ellis (NYSE: GBE) has elevated J.C. Casillas to associate vice president and client services manager for Los Angeles County where he will continue to spearhead research operations for the firm and also be involved with regional and national projects..."
Maguire Properties to Sell OC Assets; 3 Executives Resign
From: www.costar.com
"Maguire Properties, Inc. (NYSE: MPG) President/CEO Nelson C. Rising has begun a shakeup of the troubled Southern California office developer and landlord, announcing three executive departures and the planned sale of a key Orange County, CA development..."
Pasadena Retail Sells for $3.3M
From: www.costar.com
"Ihab & Vivian Sultan purchased 1253 E. Colorado Blvd. in Pasadena from the estate of Joseph S. Stromei for $3.3 million, or about $397 per square foot. The new ownership will renovate the building and move their business, Danny's Furniture, to the location..."
Macerich Continues to Secure Tenants at The Oaks' Mall Expansion
From: www.costar.com
"Macerich continues to make progress on its 235,000-square-foot lifestyle center expansion to its 1.1 million-square-foot The Oaks mall in Thousand Oaks, CA.
A new 138,000-square-foot Nordstrom is on track to open on Sept. 5, 2008.
The latest tenant..."
CoStar's Retail News Roundup: June 15 to 21, 2008
From: www.costar.com
"This week in the Retail Roundup, CoStar reports on expansions or new concepts at First Watch, Ruby Tuesday, and Tweeter; new retail developments in NY, CA and AZ; acquisition, merger, loan or sale activity at ExxonMobil, Pier 1, Tanger, Restoration Hardware..."
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