<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[Phoenix 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><item><title><![CDATA[CoStar's Deals of Note for Wednesday]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=DA3AECF9C59F1198311B951E47112FB3&ref=1&src=rss]]></link><description><![CDATA[PITTSBURGH
McKnight  Pays $89.5M for Cranberry Woods Office Bldgs.
By Andrew Deichler

In the largest office sale in Western Pennsylvania this year, McKnight Realty Partners has acquired four buildings  in the Cranberry Woods office park for $89.5...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Wed, 12 Aug 2009 01:41:28 GMT]]></pubDate></item><item><title><![CDATA[IN THE PIPELINE: CoStar Development and Construction News for Aug. 9-15]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=135F2F9958F57D8F1450FEF196D9D90B&ref=1&src=rss]]></link><description><![CDATA[Medical and healthcare-related projects -- murmurs of activity in the otherwise flat-lined development and construction market -- dominate this week's issue. In Denison, TX, PM Realty is building the Texoma Medical Plaza, a 120,000-square-foot facility...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Wed, 12 Aug 2009 02:21:45 GMT]]></pubDate></item><item><title><![CDATA[Real Money: SL Green Lightens the Load on Lexington]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=BC3FF904B515A1CD41E16E9765B1579A&ref=1&src=rss]]></link><description><![CDATA[In this week's issue:
SL Green makes two major deals on Lexington Avenue 
Plus we give you new property finance deals and a valuable leads list of  lenders on recent acquisitions 

SL Green Lightens the Load on Lexington

SL Green continues to find...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Tue, 11 Aug 2009 08:00:40 GMT]]></pubDate></item><item><title><![CDATA[Colonial Center at Southbank Bldg. Fetches $4M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=93CC81487F48356DDF43F89D8A03695B&ref=1&src=rss]]></link><description><![CDATA[Wentworth Webb Postal LLC purchased 3439 E. University Drive in Phoenix from Acorn Asset Management for $3.89 million, or $128 per square foot.  The property was reportedly purchased as an investment, and according to CoStar information has been vacant...]]></description><author><![CDATA[David Whitmore <news@costar.com>]]></author><pubDate><![CDATA[Fri, 07 Aug 2009 04:56:32 GMT]]></pubDate></item><item><title><![CDATA[Realty Group Purchases Arrowhead Professional Park]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=4538331FC8DCF29B8FC6C34C10D7B49B&ref=1&src=rss]]></link><description><![CDATA[Arrowhead Health Office Properties sold the Arrowhead Professional Park in Glendale, AZ, to The Realty Group for $12.12 million, or $303 per square-foot, with an actual capitalization rate of 7.75 percent.  

The four buildings are located at 16222...]]></description><author><![CDATA[Brett Wyatt <news@costar.com>]]></author><pubDate><![CDATA[Fri, 07 Aug 2009 03:24:35 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (Aug. 2 - 8) ]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=8735E19EEB089007C6539243448D879C&ref=1&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: Atlanta, Baltimore, Denver, Minneapolis and Orange County.

DENVER
JLL Hires New Senior VP
By Tajuana Richardson

Jones Lang LaSalle hired Mitchell Zatz as senior vice president of the Denver...]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Fri, 07 Aug 2009 01:25:41 GMT]]></pubDate></item><item><title><![CDATA[Colliers Names Stravitz as Vice President]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=6523884344AF098DC11BA019B2C909B8&ref=1&src=rss]]></link><description><![CDATA[Colliers International has promoted Mitch Stravitz to vice president.

Stravitz joined Colliers’ in 2008 and focuses on industrial properties in Metro Phoenix. His areas of concentration include the Scottsdale Airpark, Deer Valley Airpark, and Northwest...]]></description><author><![CDATA[Lindsey Hicks <news@costar.com>]]></author><pubDate><![CDATA[Fri, 07 Aug 2009 01:13:47 GMT]]></pubDate></item><item><title><![CDATA[Aggreko Takes 17,800 SF in Phoenix]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=208BD040B2715A849149E6CE9E98D162&ref=1&src=rss]]></link><description><![CDATA[Aggreko, the global leader in the rental of power generation and temperature control equipment, has signed a 61-month lease for the industrial building at 5030 W. Watkins St. in Phoenix, AZ.  The transaction is valued at nearly $678,000. Aggreko is relocating...]]></description><author><![CDATA[David Whitmore <news@costar.com>]]></author><pubDate><![CDATA[Fri, 07 Aug 2009 12:36:17 GMT]]></pubDate></item><item><title><![CDATA[Apartment Vacancies Continue Higher; South Leads the Way]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=ABAA308A9F3DBBE63DC6FC6928B66CD3&ref=1&src=rss]]></link><description><![CDATA[National multifamily vacancy rates in the second quarter 2009 was 10.6%, according to the Department of Commerce's Census Bureau. The Census Bureau said the rental vacancy rate was higher than the second quarter 2008 rate (10%) and higher than the rate...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 06 Aug 2009 02:13:27 GMT]]></pubDate></item><item><title><![CDATA[The Lease Up (Aug. 2-8): Verizon Wireless Keeps SoCal HQ in Irvine Spectrum]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=C5A82D9A692FE880F00BD973B90EB2B2&ref=1&src=rss]]></link><description><![CDATA[Editor's Note: Expansions Relocations & Extensions is now The Lease Up. Here you will find news on companies that are bucking the  trend of the recession by expanding, or taking advantage of the market by relocating. You will also find stories on businesses...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Tue, 04 Aug 2009 09:58:05 GMT]]></pubDate></item><item><title><![CDATA[IN THE PIPELINE: CoStar Development and Construction News for Aug. 2-8]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=43BD58452DE3E0E94FE8A9F955BB9590&ref=1&src=rss]]></link><description><![CDATA[In this week's issue: A new report finds that stimulus funds aren't  saving or creating many construction jobs  -- at least so far. In Richmond, CA, the EIR has been released for a proposed $1.5 billion mixed-use casino-hotel project on San Francisco...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 04 Aug 2009 01:53:58 GMT]]></pubDate></item><item><title><![CDATA[CoStar's Retail News Roundup: Aug. 2 to 8, 2009]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=745DC8B640652D902B291C0739F691FA&ref=1&src=rss]]></link><description><![CDATA[This week in the Retail Roundup, CoStar reports on expansions or new concepts among the "Hot 100 Retailers" and Capriotti's Sandwiches; new retail development news in MA and NY; acquisition, merger, loan, sale, and IPO activity at Macquarie, Regency,...]]></description><author><![CDATA[Sasha M Pardy <news@costar.com>]]></author><pubDate><![CDATA[Mon, 03 Aug 2009 09:07:40 GMT]]></pubDate></item><item><title><![CDATA[Southwest Network Coming to 2700 Tower]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=E92EA1ADE1799ACAFBEBA2FDAEF8BB38&ref=1&src=rss]]></link><description><![CDATA[Southwest Network, a provider of mental health treatment, leased 11,228 square feet in the 2700 Tower in Phoenix.

The 78-month deal includes tenant improvement build-outs of $27.50 per square foot.

The 15-story, 220,949-square-foot office tower...]]></description><author><![CDATA[Dale Zavodsky <news@costar.com>]]></author><pubDate><![CDATA[Fri, 31 Jul 2009 06:38:19 GMT]]></pubDate></item><item><title><![CDATA[Green Choice Solar Leases 11,400 SF in Scottsdale]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=8FAC8F537E562B849E192852A32601CC&ref=1&src=rss]]></link><description><![CDATA[Green Choice Solar, a commercial solar systems company, signed a four-year industrial lease for the entire building at 15344 N. 83rd Way in Scottsdale, AZ.

The 11,408-square-foot warehouse was built in 2001 in the Scottsdale Airpark Industrial submarket...]]></description><author><![CDATA[Jeremy Hoffmann <news@costar.com>]]></author><pubDate><![CDATA[Fri, 31 Jul 2009 02:23:56 GMT]]></pubDate></item><item><title><![CDATA[Goodwill Takes 25,400 SF at Pecan Grove ]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=B80F2DCB669A449C2E19B839CE414794&ref=1&src=rss]]></link><description><![CDATA[Goodwill leased 25,387 square feet at the Pecan Grove Shopping Center in Tempe, AZ, for ten years. The nonprofit thrift store is set to take occupancy in October.  

The 167,555-square-foot shopping center at 725 W. Warner Road is in the South Tempe...]]></description><author><![CDATA[Brett Wyatt <news@costar.com>]]></author><pubDate><![CDATA[Thu, 30 Jul 2009 06:46:20 GMT]]></pubDate></item><item><title><![CDATA[Palo Verde Medical Center Nets $1.8M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=0FCFABDD5B970FB1CE7E5839919A298E&ref=1&src=rss]]></link><description><![CDATA[The Palo Verde Medical Center in Phoenix, AZ, sold for $1.8 million, or $92 per square foot, in a sale between private investors.

The medical office building at 5251 West Campbell Ave. totals 19,524 square feet. It is 48 percent occupied and sold at...]]></description><author><![CDATA[Tomalina Pacheco <news@costar.com>]]></author><pubDate><![CDATA[Thu, 30 Jul 2009 02:31:34 GMT]]></pubDate></item><item><title><![CDATA[Office Condo in Baseline Crossings Sells for $1M ]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=CCEFA4E60447B243B9C22BEE13B2ED8B&ref=1&src=rss]]></link><description><![CDATA[United Cos. sold a 3,740-square-foot office unit at 8405 E. Baseline Road, in Mesa, AZ, to Agave Associates Limited Partnership for $1.08 million, or $290 per square-foot.   

The office building is part of the Baseline Crossings office park, in the...]]></description><author><![CDATA[Brett Wyatt <news@costar.com>]]></author><pubDate><![CDATA[Thu, 30 Jul 2009 02:07:15 GMT]]></pubDate></item><item><title><![CDATA[Bank-Owned Glen Park Apts. Sells for $1.7M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=153D98BF8162F789A91C8B6471B5C4A5&ref=1&src=rss]]></link><description><![CDATA[ACKK Enterprises LLC acquired the 88-unit Glen Park Apartments in Glendale, AZ, from Irwin Union Bank for $1.7 million, or about $19,300 per unit.

Located at 6301 N. 64th Drive, the complex is comprised of 29 one-bedroom/one-bath units, 51 two-bedroom...]]></description><author><![CDATA[Phillip Majarucon <news@costar.com>]]></author><pubDate><![CDATA[Thu, 30 Jul 2009 01:20:55 GMT]]></pubDate></item><item><title><![CDATA[Phoenix Retail Center Sells for $11.9M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=666F158B7A12312473C9AC913D1651C5&ref=1&src=rss]]></link><description><![CDATA[Phillips Edison & Co. purchased the shopping center at 4304-4326 E. Cactus Road in Phoenix from a joint venture of Macerich Management Co. and The Westcor Co. for $11.9 million, or approximately $70 per square foot.  The buyer put down $4.2 million, and...]]></description><author><![CDATA[Matthew Kirchwehm <news@costar.com>]]></author><pubDate><![CDATA[Wed, 29 Jul 2009 06:45:38 GMT]]></pubDate></item><item><title><![CDATA[Chandler Firestone Snags $3.2M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=F5CCEDA78A47112DAB5DF3AF5CD1D726&ref=1&src=rss]]></link><description><![CDATA[Rahlves & Rahlves Inc. purchased the auto repair shop at 6944 W. Chandler Blvd. in Chandler, AZ, for $3.18 million, or approximately $390 per square foot.  The capitalization rate was 7.5 percent.

The 8,143-square-foot retail building was built in...]]></description><author><![CDATA[Daniel Sullivan <news@costar.com>]]></author><pubDate><![CDATA[Wed, 29 Jul 2009 06:11:55 GMT]]></pubDate></item><item><title><![CDATA[National Layoffs: Verizon Cutting 8,000; Avon 2,300]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=B37C34AD52CC2C1F58AC34CF1E02740B&ref=1&src=rss]]></link><description><![CDATA[Avon Products Inc. plans to realign its global supply chain manufacturing footprint and improve its operating model effectiveness in key geographies. As a result, the company said that approximately 2,300 positions will be impacted globally, with a net...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 30 Jul 2009 02:03:12 GMT]]></pubDate></item><item><title><![CDATA[The Lease Up (July 26 - Aug. 1): Claremont Prep Takes 200,000 SF at 25 Broadway]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=0B3482203A713C2FAF9792934A04112B&ref=1&src=rss]]></link><description><![CDATA[Editor's Note: Expansions Relocations & Extensions is now The Lease Up. Here you will find news on companies that are bucking the trend of the recession by expanding, or taking advantage of the market by relocating. You will also find stories on businesses...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Thu, 30 Jul 2009 02:01:11 GMT]]></pubDate></item><item><title><![CDATA[GREEN LEDE | Green Building News from CoStar]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=92D01C9DD700E2F468C071E8CDFDE258&ref=1&src=rss]]></link><description><![CDATA[Welcome to Green Lede, a CoStar feature column by sustainability reporter Andrew Burr examining green building and its impact on commercial real estate, politics and the environment.

August 12, 2009
VIEWPOINT: Climate Bill a Defining Moment for Building...]]></description><author><![CDATA[Andrew C. Burr <news@costar.com>]]></author><pubDate><![CDATA[Wed, 12 Aug 2009 09:00:00 GMT]]></pubDate></item></channel></rss>