The 'unbelievable' business of real estate
From: feeds.feedburner.com
"Realtor Notebook
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NAR study: Fewer Realtors work with foreign buyers
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"Share of Canadian buyers doubles in past year
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Refis, purchases on the rise
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"Real estate roundup
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Freddie Mac must raise capital as losses grow
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"Loan modifications, short sales up in Q2
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Death of the listing presentation
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"Guest perspective: Make it a 'listing education'
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RealEstate.com brokerage passes 1,000-agent mark
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"Revenue growth bright spot for parent company
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LandAmerica zeroes in on problem loans
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"Real estate technology roundup
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Lenders, it's time to clean house
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"Letters From the Home Front
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Multiple offers, tech-savvy buyers and the 'Red Carpet'
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"Real Estate Day in the Life: Jim Holt, Redfin
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Owners misjudge home value trends
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"Survey: Perception is rosier than market realities
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Inflation not dire enough to sway Fed
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"Real estate roundup
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National MLS a 'waste of time'
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"Inman Community roundup
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WCI files Chapter 11 bankruptcy
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"Prudential Florida WCI not part of filing
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Properazzi: Online real estate globe-trotting
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"Real Estate Tech Profile: Properazzi
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Real estate commissions are negotiable -- if you ask
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"Study says cost plays small role in customer satisfaction
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RREEF, Newcastle Partners JV on $350M Project In Long Beach, CA
From: www.costar.com
"A San Francisco developer has formed a joint venture with RREEF to acquire nearly 55 acres for a $350 million mixed-use business park on the site of the former Boeing aircraft manufacturing plant in Long Beach, CA. Construction has already started on..."
Cydwoq Takes Burbank Industrial for $2.8M
From: www.costar.com
"Leather shoe manufacturer Cydwoq purchased the industrial property at 2102 W Kenmere Ave. in Burbank, CA, from a private owner for $2.8 million or $227 per square foot.
The 12,327-square-foot building was built in 1951 in the Burbank Industrial submarket..."
CoStar's Daily Deals of Note for Wednesday
From: www.costar.com
"NORTHERN NEW JERSEY
In Jersey, KBS REIT II Paying $184M for Four Offices
by Andrew Burr
One big New Jersey acquisition has closed while another is underway for KBS REIT II, the new non-traded REIT from California-based real estate investment group..."
Pasadena Retail Sells For $3.3M
From: www.costar.com
"The retail building at 44 W. Green St. in Pasadena, CA, sold for $3.3 million or about $491 per square foot in a sale between two private parties. The estimated cap rate was 5.2%.
The 6,725-square-foot storefront was built in 1916 in the Pasadena..."
Chatsworth Facility Snags $3.4M
From: www.costar.com
"The industrial building at 9134 Independence Ave. in Chatsworth, CA, traded for $3.4 million or roughly $105 per-square-foot in a sale between two private parties.
The 32,275-square-foot manufacturing facility was completed in 1969 in the Chatsworth..."
Facility Trades for $3.5M in Bell Gardens
From: www.costar.com
"The industrial building at 6891 Florence Ave. in Bell Gardens, CA, sold for $3.5 million or about $80 per square foot in a sale between two private trusts. The buyer plans to occupy the facility in November.
The 43,500-square-foot manufacturing building..."
Traylor Bros. Acquires 19,000 SF in Long Beach
From: www.costar.com
"Traylor Bros. Inc., an Evansville, IN-based civil engineering and construction firm, acquired 3050 E. Airport Way in Long Beach, CA, for $170 per square foot, or approximately $3.36 million. The buyers purchased the property from Edward and Charmay Allred..."
Arden Realty Sells 2 Culver City Offices for $121M
From: www.costar.com
"Los Angeles, CA-based Arden Realty Inc. sold the office buildings at 600 Corporate Pointe and 400 Corporate Pointe in Culver City to Transwestern Corporate Pointe for $121 million, or about $275.50 per square foot.
Collectively the buildings totaled..."
CoStar's Retail News Roundup: Aug. 3 to 9, 2008
From: www.costar.com
"This week in the Retail Roundup, CoStar reports on expansions or new concepts at Coach, Tasti D-Lite; new retail developments in WA, VA, FL and TX; acquisition, merger, loan or sale activity at Steve & Barry's, Pep Boys and Centro Properties Group; closings..."
Investor Buys Class A Office in Van Nuys
From: www.costar.com
"Weldon and Carole Wilson purchased 16650 Sherman Way in Van Nuys, CA, from Century National Properties Inc. for $8.9 million, or about $214 per square foot,
The property is a Class A office building consisting of 41,595 square feet and was vacant at..."

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