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<?xml-stylesheet type="text/xsl" media="screen" href="/~d/styles/rss2full.xsl"?><?xml-stylesheet type="text/css" media="screen" href="http://feeds.feedburner.com/~d/styles/itemcontent.css"?><rss xmlns:ynewsrss="http://news.yahoo.com/rss.html" xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" version="2.0"><channel><title><![CDATA[National Commercial Real Estate News From CoStar Group]]></title><link><![CDATA[http://www.costar.com/]]></link><description><![CDATA[CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.]]></description><language><![CDATA[en]]></language><category domain="Yahoo"><![CDATA[Business/Real_Estate_and_Housing]]></category><ttl>15</ttl><image><title><![CDATA[CoStar Group, Inc.]]></title><link><![CDATA[http://www.costar.com/]]></link><url><![CDATA[http://www.costar.com/SharedFiles/Common/images/logos/CoStarGroup112.gif]]></url></image><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" type="application/rss+xml" href="http://feeds.feedburner.com/costar/EAlE" /><feedburner:info uri="costar/eale" /><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="hub" href="http://pubsubhubbub.appspot.com/" /><item><title><![CDATA[In The Pipeline: CoStar Development & Construction News for Feb. 27 - March 3]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/Q7OivaC-org/136111</link><description><![CDATA[In The Pipeline is a column on significant acquisitions of commercial <a href="http://www.showcase.com/land-for-sale" target="_blank">land for sale</a>, and other transactions and trends affecting office, industrial, flex,  multifamily, mixed-use, hotel and public works developers. Send us news leads about your new <a href="http://www.showcase.com/" target="_blank">commercial real estate</a> project --  and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail.
Architecture Billings Point Toward Slow Recovery

  
The Architectu]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Mon, 27 Feb 2012 03:25:03 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-Feb-27-March-3/136111?ref=/News/Article/In-The-Pipeline-CoStar-Development-Construction-News-for-Feb-27-March-3/136111&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Architecture Billings Point Toward Recovery]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/R0wRzirnsGM/136128</link><description><![CDATA[The Architecture Billings Index (ABI), a leading indicator of future construction activity, stayed positive for the third month in a row, although the overall reading was flat and the West continues to show weak demand for design services. 

The American Institute of Architects (AIA) reported the January ABI score was 50.9, following a mark of 51 in December, reflecting a continued slight increase in demand for design services.

Any score above...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Mon, 27 Feb 2012 01:04:50 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Architecture-Billings-Point-Toward-Recovery/136128?ref=/News/Article/Architecture-Billings-Point-Toward-Recovery/136128&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[CoStar's People of Note (Feb. 19-25)]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/0t7kMzhVwj0/136066</link><description><![CDATA[This week's People of Note includes the following markets: Atlanta, Chicago, Houston, Los Angeles, New York City and San Diego.

HOUSTON
Minter Brings Financing Expertise to JLL
By Laurie Forbes

Holly Minter joined Jones Lang LaSalle’s Capital Markets division in Houston as executive vice president. Minter, a financing expert, will focus on the capitalization of apartment assets.

The 25-year <a href="http://www.showcase.com/" target="_blank">commercial real estate</a> veteran has closed mo]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Fri, 24 Feb 2012 05:38:19 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/CoStars-People-of-Note-Feb-19-25/136066?ref=/News/Article/CoStars-People-of-Note-Feb-19-25/136066&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Study: Costs Linked To Proposed Lease Accounting Changes Could Harm Economy, CRE Values]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/0KNoleuDEPA/135935</link><description><![CDATA[Real estate businesses and property values could be adversely affected by the new accounting standards -- and the cost of complying with them -- according to a report backed by a coalition of real estate and business groups.

As international rule makers prepare to release another draft of proposed accounting changes that would require companies to capitalize real estate and equipment leases, a report warns that current proposals would impose huge...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 23 Feb 2012 04:01:00 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Study-Costs-Linked-To-Proposed-Lease-Accounting-Changes-Could-Harm-Economy-CRE-Values/135935?ref=/News/Article/Study-Costs-Linked-To-Proposed-Lease-Accounting-Changes-Could-Harm-Economy-CRE-Values/135935&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Social Media in CRE No Longer Just for Socializing]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/8cVo3jP7kAI/136042</link><description><![CDATA[<a href="http://www.showcase.com/" target="_blank">Commercial real estate</a> brokers and companies are slowly shrugging off their aversions to social media platforms and are engaging more frequently in online marketing, information gathering and client building.

While late to the social networking scene and still in a fledgling state of using websites such as LinkedIn, Facebook and Twitter, many in the CRE industry have started trying to harness their reach in hopes that one day it will lead to deals...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 23 Feb 2012 02:15:16 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Social-Media-in-CRE-No-Longer-Just-for-Socializing/136042?ref=/News/Article/Social-Media-in-CRE-No-Longer-Just-for-Socializing/136042&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Retail Market Purges Fear of Double Dip]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/zwvl6BIUodE/135949</link><description><![CDATA[Retail properties went through a see-saw swing last year with strong leasing during the first half of the year surging upward only to deflate later in the year as several economic shocks threatened to derail the economic recovery. However, the industry is starting to regain some momentum as 2012 progresses, according to new retail outlooks from Marcus & Millichap, Savills US and Colliers International retail groups.

With retail sales now exceeding...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 23 Feb 2012 02:13:32 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Retail-Market-Purges-Fear-of-Double-Dip/135949?ref=/News/Article/Retail-Market-Purges-Fear-of-Double-Dip/135949&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[W.P. Carey Converting to a Public REIT]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/k8wikqrFJKY/135951</link><description><![CDATA[Investment firm W.P. Carey & Co. LLC (NYSE:WPC) plans to convert into a publicly traded real estate investment trust (REIT) and, in doing so, will acquire its non-traded REIT affiliate, Corporate Property Associates 15 Inc.

The firm said it expects the change in structure will help increase its market share and improve access to capital. The transaction values CPA 15 at $2.6 billion, including the assumption of debt of $1.2 billion, as of Dec....]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 23 Feb 2012 02:12:51 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/WP-Carey-Converting-to-a-Public-REIT/135951?ref=/News/Article/WP-Carey-Converting-to-a-Public-REIT/135951&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Bank of America Gives Away 282,000-SF Office Building]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/-NAlfB6uvvs/135952</link><description><![CDATA[Bank of America, which in the past couple of weeks, has announced plans to sell its ownership in three high-rises in New York and Charlotte, N.C., and others in Boston and Chicago, has come up with another way to downsize its real estate portfolio.

Bank of America is donating one of its four office buildings in Wilmington, DE, to a new non-profit organization supported by the Longwood Foundation.

The donation of the nine-story, 282,000-square...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 22 Feb 2012 11:15:26 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Bank-of-America-Gives-Away-282000-SF-Office-Building/135952?ref=/News/Article/Bank-of-America-Gives-Away-282000-SF-Office-Building/135952&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[CRE Loan Prices Regaining Pre-Recession Values]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/7TzHu4VuVxk/135953</link><description><![CDATA[The aggregate value of bank and CMBS real estate loans sold last year rebounded to levels not seen since 2008.

Whole real estate loans both commercial and residential offered by the Federal Deposit Insurance Corp. (FDIC) last year sold at 84% of their book value compared to 34% in 2010 and 72% in 2008.

What's more, performing <a href="http://www.showcase.com/" target="_blank">commercial real estate</a> (CRE) loans the FDIC sold last year went for 91% of book value. Performing residential loans in...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 22 Feb 2012 11:13:56 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/CRE-Loan-Prices-Regaining-Pre-Recession-Values/135953?ref=/News/Article/CRE-Loan-Prices-Regaining-Pre-Recession-Values/135953&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Real Money: More Capital Expected To Flow to CRE]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/Rlm5OMymFp8/135955</link><description><![CDATA[A number of lenders see more capital coming back into <a href="http://www.showcase.com/" target="_blank">commercial real estate</a> in 2012 in much greater volumes and across multiple lending sources.

All of the 20 institutional lenders with whom Jones Lang LaSalle met with during last week’s Mortgage Bankers Association conference in Atlanta indicated a stronger appetite or allocation for placing commercial real estate mortgages in 2012.

Jones Lang LaSalle also partnered with Penton Media Research...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 22 Feb 2012 11:12:34 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Real-Money-More-Capital-Expected-To-Flow-to-CRE/135955?ref=/News/Article/Real-Money-More-Capital-Expected-To-Flow-to-CRE/135955&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Equity Residential Raises Bid In Latest Move For Archstone ]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/8Jz23KIh1gk/136037</link><description><![CDATA[The high-stakes match for control of Archstone continues, with Equity Residential (NYSE: EQR) making the latest move. Keeping its options alive to acquire at least a piece of the Denver-based apartment company, EQR reached an agreement this week with Barclays PLC and Bank of America on a 60-day extension of its deadline to make a formal offer to acquire the banks' remaining interest in Archstone.

Equity Residential, one of the nation’s largest...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 22 Feb 2012 10:10:41 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Equity-Residential-Raises-Bid-In-Latest-Move-For-Archstone/136037?ref=/News/Article/Equity-Residential-Raises-Bid-In-Latest-Move-For-Archstone/136037&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[SPS Commerce Leases 118,042 SF in Downtown Minneapolis]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/lFZY7OLt-Wk/135932</link><description><![CDATA[SPS Commerce, Inc., an on-demand supply chain management solutions company, signed a 90-month lease for about 118,042 square feet in the Accenture Tower <a href="http://www.showcase.com/Office-building" target="_blank">office building</a> at 333 South 7th St. in Minneapolis, MN.

The tenant has existing space, covering about 70,746 square feet on floors 8 through 10. Due to growth of the company, the tenant decided to extend the term of its existing lease and expand by 23,651 square feet on the seventh floor, which...]]></description><author><![CDATA[Arthur Evans <news@costar.com>]]></author><pubDate><![CDATA[Wed, 22 Feb 2012 06:45:04 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/SPS-Commerce-Leases-118042-SF-in-Downtown-Minneapolis/135932?ref=/News/Article/SPS-Commerce-Leases-118042-SF-in-Downtown-Minneapolis/135932&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Updated: Grubb & Ellis Files for Chapter 11, Agrees To Sell Nearly All Assets to BGC Partners]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/YjJdElHUuUw/135917</link><description><![CDATA[Grubb & Ellis Co., one of the country’s most recognizable CRE services brands which fell on hard financial times during the economic recession, has agreed to file for Chapter 11 bankruptcy protection and sell nearly all of the company's assets in a bankruptcy transaction to BGC Partners, the parent of Newmark Knight Frank.

In a statement, Santa Ana, CA-based Grubb & Ellis said it believes the acquisition by the investment firm headed by Cantor...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 21 Feb 2012 12:00:30 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Updated-Grubb-Ellis-Files-for-Chapter-11-Agrees-To-Sell-Nearly-All-Assets-to-BGC-Partners/135917?ref=/News/Article/Updated-Grubb-Ellis-Files-for-Chapter-11-Agrees-To-Sell-Nearly-All-Assets-to-BGC-Partners/135917&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[CoStar's People of Note (Feb. 12-18)]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/fEdyPfnD6bQ/135899</link><description><![CDATA[This week's People of Note includes the following markets: Atlanta, Charlotte, Dallas, Houston, National, New York City, Orlando, Phoenix, Portland, San Francisco, Tampa/St. Petersburg, Tucson and Washington, DC.

WASHINGTON, DC
Avison Young Expands Corporate Services Team in DC
By Chris Crouse

Industry veterans Bruce McNair (pictured far left) and Bill Morris (left) lead an eight-person team that has joined Avison]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Fri, 17 Feb 2012 02:39:39 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/CoStars-People-of-Note-Feb-12-18/135899?ref=/News/Article/CoStars-People-of-Note-Feb-12-18/135899&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[GREEN LEAD | Green Building News from CoStar]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/zPOGBs0hV40/135897</link><description><![CDATA[GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement.  
Send in your Green News Leads to news@costar.com
LEED Doesn't Cost More - Army Replies to]]></description><author><![CDATA[Justin Sumner <news@costar.com>]]></author><pubDate><![CDATA[Fri, 17 Feb 2012 01:57:55 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/GREEN-LEAD-Green-Building-News-from-CoStar/135897?ref=/News/Article/GREEN-LEAD-Green-Building-News-from-CoStar/135897&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Real Estate On the Menu at KFC, Taco Bell and Pizza Hut]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/YNSZS08BVzY/135845</link><description><![CDATA[Yum! Brands, the world's largest restaurant company with more than 38,000 eateries in more than 110 countries, is turning more and more of its attention to China. To help fund its expansion overseas, the firm is in the process of selling off a big chunk of its U.S. restaurant real estate.

The Louisville, KY-based company's restaurant ownership in the U.S. dropped to 13% from 15% last year. Yum! Brands closed or sold/refranchised 404 restaurants...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 16 Feb 2012 02:13:31 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Real-Estate-On-the-Menu-at-KFC-Taco-Bell-and-Pizza-Hut/135845?ref=/News/Article/Real-Estate-On-the-Menu-at-KFC-Taco-Bell-and-Pizza-Hut/135845&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Apartment, Office Properties Record Strongest CRE Pricing Recovery In 2011 ]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/22ImM5cxjSE/135838</link><description><![CDATA[Powered by continuing gains in apartments and growing momentum in the office sector, the CoStar Commercial Repeat Sale Indices (CCRSI) National Composite Index ended 2011 significantly above its cyclical low last March, despite a relatively flat fourth quarter for pricing.

CRE sale prices stalled a bit in December as heavy year-end trading kept pricing stable in the fourth quarter, a trend CoStar has observed in each of the past two years, according...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 16 Feb 2012 02:11:18 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Apartment-Office-Properties-Record-Strongest-CRE-Pricing-Recovery-In-2011/135838?ref=/News/Article/Apartment-Office-Properties-Record-Strongest-CRE-Pricing-Recovery-In-2011/135838&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Largest Publicly Traded CRE Services Firms Finish 2011 With Strong Revenues, Earnings]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/QXw1QabgXa4/135622</link><description><![CDATA[Three of the top publicly traded real estate service providers -- CBRE Group, Inc., Jones Lang LaSalle and FirstService Corp., parent of Colliers International -- all reported strong fourth-quarter and full-year 2011 results, each benefitting from the global recovery in CRE sales and leasing activity.

Expect more of the same in 2012 from the industry's two largest global players, CBRE Group Inc. and Jones Lang LaSalle, which each forecast double...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 15 Feb 2012 04:35:37 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Largest-Publicly-Traded-CRE-Services-Firms-Finish-2011-With-Strong-Revenues-Earnings/135622?ref=/News/Article/Largest-Publicly-Traded-CRE-Services-Firms-Finish-2011-With-Strong-Revenues-Earnings/135622&amp;src=rss</feedburner:origLink></item><item><title><![CDATA[Apartment Portfolio Sells For $169M]]></title><link>http://feedproxy.google.com/~r/costar/EAlE/~3/jogCabCq3OM/135800</link><description><![CDATA[In one of Southern California’s largest deals of the year, Greystar Real Estate Partners LLC acquired four multifamily buildings from BlackRock, Inc. for $169 million.  

The deal includes 5880 Lochmoor Drive, a 158-unit apartment in Riverside, CA; 11201 Otsego Street, a 100-unit complex in North Hollywood; 7039 Charmant Drive, a 312-unit multifamily in San Diego; and 1100 Calle Del Cerro, a 250-unit complex in San Clemente, CA.

Collectively...]]></description><author><![CDATA[Adrian Robles <news@costar.com>]]></author><pubDate><![CDATA[Tue, 14 Feb 2012 07:02:07 GMT]]></pubDate><feedburner:origLink>http://www.costar.com/News/Article/Apartment-Portfolio-Sells-For-$169M/135800?ref=/News/Article/Apartment-Portfolio-Sells-For-$169M/135800&amp;src=rss</feedburner:origLink></item></channel></rss>

