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	<description>Commercial and residential real estate news and trends in Carolina</description>
	<lastBuildDate>Fri, 17 Feb 2012 17:42:02 +0000</lastBuildDate>
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		<title>Charlotte CVS Pharmacy Sold</title>
		<link>http://screnews.com/2012/02/17/charlotte-cvs-pharmacy-sold/</link>
		<comments>http://screnews.com/2012/02/17/charlotte-cvs-pharmacy-sold/#comments</comments>
		<pubDate>Fri, 17 Feb 2012 17:42:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Charlotte]]></category>

		<guid isPermaLink="false">http://screnews.com/?p=3351</guid>
		<description><![CDATA[A 12,900-square-foot CVS/pharmacy, located at 8220 Mt. Holly-Huntersville Rd. in Charlotte, has been sold for $5.5 million. Matt Mousavi and Rich Berlinghof of Faris Lee Investments&#8217; New York City office represented North Carolina-based KM Pharmacy Investors, the seller, in the transaction. Colliers International represented California-based Kerley-Capital Expressway, the all-case buyer.]]></description>
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		<title>Assisted Living Facility Planned for Tega Cay</title>
		<link>http://screnews.com/2012/02/16/assisted-living-facility-planned-for-tega-cay/</link>
		<comments>http://screnews.com/2012/02/16/assisted-living-facility-planned-for-tega-cay/#comments</comments>
		<pubDate>Thu, 16 Feb 2012 18:32:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Rock Hill]]></category>

		<guid isPermaLink="false">http://screnews.com/?p=3347</guid>
		<description><![CDATA[A $30 million assisted living community will be built in Tega Cay, officials announced Monday. Wellmore, a 130,000 square foot community, will be built in the Stonecrest development, with frontage on Hwy. 160 West. It will offer assisted living apartments, memory care and skilled nursing services, as well as a 25,000 square-foot community clubhouse and [...]]]></description>
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		<title>Greer&#8217;s Piedmont Market Place to be Renovated</title>
		<link>http://screnews.com/2012/02/16/greers-piedmont-market-place-to-be-renovated/</link>
		<comments>http://screnews.com/2012/02/16/greers-piedmont-market-place-to-be-renovated/#comments</comments>
		<pubDate>Thu, 16 Feb 2012 14:10:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Greer]]></category>

		<guid isPermaLink="false">http://screnews.com/?p=3343</guid>
		<description><![CDATA[Piedmont Market Place, located near the corner of South Buncombe and Wade Hampton Boulevard in Greer, will be renovated as Kohl&#8217;s Department Store has acquired the former K-Mart building from Passco Greer Piedmont, LLC, consisting of approximately 66,970 square feet. A rebranding of the shopping center will include a name change to Piedmont Market Place [...]]]></description>
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		<title>2012 Cap Rate Report Released</title>
		<link>http://screnews.com/2012/02/15/2012-cap-rate-report-released/</link>
		<comments>http://screnews.com/2012/02/15/2012-cap-rate-report-released/#comments</comments>
		<pubDate>Wed, 15 Feb 2012 15:10:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[National News]]></category>

		<guid isPermaLink="false">http://screnews.com/?p=3335</guid>
		<description><![CDATA[According to the Calkain Companies, net lease cap rates fell by 25 basis points in 2011. The primary drivers of this trend are lack of product (especially high quality product) and an ease in lending conditions. Construction of new net lease product continues to flow at a trickle while financing has become more available – with [...]]]></description>
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		<title>Laurens 20,000 SF Retail Center Sold</title>
		<link>http://screnews.com/2012/02/15/laurens-20000-sf-retail-center-sold/</link>
		<comments>http://screnews.com/2012/02/15/laurens-20000-sf-retail-center-sold/#comments</comments>
		<pubDate>Wed, 15 Feb 2012 14:50:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Laurens]]></category>

		<guid isPermaLink="false">http://screnews.com/?p=3338</guid>
		<description><![CDATA[A 100% occupied, 20,000 square foot retail center, anchored by Rent-A-Center, Radio Shack, and Verizon Wireless, has sold for an undisclosed amount. The center was constructed in 2009 and is directly adjacent to Walgreens. Kyle Putnam of Greenville-based Colonial Commercial represented the seller and Adams Development represented the purchaser.]]></description>
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		<title>Columbia&#8217;s Two Notch Corridor Picks up Retailers</title>
		<link>http://screnews.com/2012/02/14/columbias-two-notch-corridor-picks-up-retailers/</link>
		<comments>http://screnews.com/2012/02/14/columbias-two-notch-corridor-picks-up-retailers/#comments</comments>
		<pubDate>Tue, 14 Feb 2012 18:21:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Columbia]]></category>

		<guid isPermaLink="false">http://screnews.com/?p=3332</guid>
		<description><![CDATA[Selwyn Property Group has signed new leases with Dick&#8217;s Sporting Goods and Michaels Arts and Crafts for 47,600 and 23,400 square feet, respectively, for its newly acquired Target Center on Two Notch Road in Columbia. Selwyn purchased the retail property with Return Holdings, Gateway Holdings and Richardson Properties. The property is expected to be fully [...]]]></description>
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		<title>Shopping Center Rent Increases Expected In 2012</title>
		<link>http://screnews.com/2012/02/13/shopping-center-rent-increases-expected-in-2012/</link>
		<comments>http://screnews.com/2012/02/13/shopping-center-rent-increases-expected-in-2012/#comments</comments>
		<pubDate>Mon, 13 Feb 2012 20:14:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[National News]]></category>

		<guid isPermaLink="false">http://screnews.com/?p=3329</guid>
		<description><![CDATA[Retail property rents are expected to begin to rise later this year as demand for store space in shopping centers and malls slowly soaks up available space and, combined with the dearth of new space under development, finally tips the supply and demand balance. Improvements in market fundamentals are starting to spread into secondary markets [...]]]></description>
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		<title>Charleston&#8217;s Upper King Street Growing</title>
		<link>http://screnews.com/2012/02/13/charlestons-upper-king-street-growing/</link>
		<comments>http://screnews.com/2012/02/13/charlestons-upper-king-street-growing/#comments</comments>
		<pubDate>Mon, 13 Feb 2012 14:49:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Charleston]]></category>

		<guid isPermaLink="false">http://screnews.com/?p=3325</guid>
		<description><![CDATA[Without hesitation, Basim Hassouneh reels off some of the stores that have come and gone over the past 20 years near his Super Bad clothing shop on Upper King Street. “That was a paint store. That was a hat shop. That was a T-shirt store. O’Malley’s used to be a five-and-dime. Beside that was a [...]]]></description>
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		<title>Are Banks Ready to Lend on CRE Again?</title>
		<link>http://screnews.com/2012/02/10/are-banks-ready-to-lend-on-cre-again/</link>
		<comments>http://screnews.com/2012/02/10/are-banks-ready-to-lend-on-cre-again/#comments</comments>
		<pubDate>Fri, 10 Feb 2012 14:45:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[National News]]></category>

		<guid isPermaLink="false">http://screnews.com/?p=3305</guid>
		<description><![CDATA[As economic headwinds subside, the commercial real estate lending business for U.S. banks has hit an inflection point. For the first time in five years, a majority of banks are finally talking about their ability to grow their loan portfolios. While the sentiment among banks is neither unanimous, nor the projected lending growth strong, bank [...]]]></description>
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		<title>Myrtle Beach&#8217;s Waccamaw Pottery Center Sold</title>
		<link>http://screnews.com/2012/02/10/myrtle-beachs-waccamaw-pottery-center-sold/</link>
		<comments>http://screnews.com/2012/02/10/myrtle-beachs-waccamaw-pottery-center-sold/#comments</comments>
		<pubDate>Fri, 10 Feb 2012 13:58:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Myrtle Beach]]></category>

		<guid isPermaLink="false">http://screnews.com/?p=3320</guid>
		<description><![CDATA[According to Alain Wizman, President of Commercial Real Estate for Keller Williams Realty, 3W LLC purchased the property for just shy of $10 million about six weeks ago. Wizman is now acting as a leasing agent for 3W LLC, and said the group is looking to revitalize the dilapidated forming shopping center. &#8221;We&#8217;re looking at redeveloping [...]]]></description>
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