<?xml version="1.0" encoding="utf-8"?>
<rss version="2.0">
   <channel>
      <title>GlobeSt. Topics - Phoenix</title>
      <link>http://www.globest.com/news/topics/phoenix/index.html</link>
      <description></description>
      <language>en-us</language>
      <copyright>Copyright 2009 GlobeSt. Topics All Rights Reserved.</copyright>
      <webMaster>webmaster@iproduction.com</webMaster>
      <pubDate>Wed, 12 Aug 2009 06:05:06 CDT</pubDate>
      <lastBuildDate>Wed, 12 Aug 2009 06:05:06 CDT</lastBuildDate>
      <generator>IPS - www.iproduction.com</generator>

      <item>
         <title><![CDATA[Everest Targets Distressed MF with Hire]]></title>
         <description><![CDATA[SCOTTSDALE, AZ-Michael Gusich brings expertise from Alterra Capital to help the local firm nab up to 10,000 units during the next two years.]]></description>
         <link>http://www.globest.com/news/1472_1472/phoenix/180390-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Third Time's the Charm in 40,000-SF Sale]]></title>
         <description><![CDATA[PHOENIX-After falling out of escrow twice within the past year, Arrowhead Professional Park sells for just over $12 million. ]]></description>
         <link>http://www.globest.com/news/1467_1467/phoenix/180244-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Canadian Snags 37 Units From Foreclosure]]></title>
         <description><![CDATA[PHOENIX-In the second transaction of its kind in the past two weeks, a Calgary buyer takes the remaining 80-unit Biltmore Palms for $4 million.]]></description>
         <link>http://www.globest.com/news/1466_1466/phoenix/180219-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[171,000-SF Buy Boosts Buyer's Presence]]></title>
         <description><![CDATA[PHOENIX-Phillips Edison &amp; Co. pays shy of $12 million for its second area asset, the Target-anchored Village Center, from Macerich.]]></description>
         <link>http://www.globest.com/news/1464_1464/phoenix/180156-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[State Buildings Could Be Up for Sale]]></title>
         <description><![CDATA[PHOENIX-Legislators consider sale-leaseback options for government buildings, which could bring up to $735 million into the treasury.]]></description>
         <link>http://www.globest.com/news/1462_1462/phoenix/180113-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Local Investment Firm Accused of Fraud]]></title>
         <description><![CDATA[PHOENIX-The SEC files charges against Radical Bunny, which lent close to $200 million to Mortgages Ltd. ]]></description>
         <link>http://www.globest.com/news/1462_1462/phoenix/180112-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[512,000-SF Campus Goes to Austin Buyer]]></title>
         <description><![CDATA[CHANDLER, AZ-Capital Commercial Investments ends up with the 152-acre campus that once housed Motorola Inc.]]></description>
         <link>http://www.globest.com/news/1461_1461/phoenix/180075-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Two Leases Signed at 197,000-SF Office]]></title>
         <description><![CDATA[PHOENIX-The leases, totaling a little under 32,000 square feet, bring the class A building on the Camelback Corridor to 99% occupancy.]]></description>
         <link>http://www.globest.com/news/1458_1458/phoenix/180001-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Holsum Signs Just Under 100,000 SF]]></title>
         <description><![CDATA[TOLLESON, AZ-The baked-goods manufacturer takes close to half of a 200,000-square-foot facility for distribution purposes. ]]></description>
         <link>http://www.globest.com/news/1457_1457/phoenix/179954-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Submarkets Show Signs of Life]]></title>
         <description><![CDATA[PHOENIX-Though Q2 apartment stats continue dismal overall, experts note that certain part of the metro area show small, but positive, gains.]]></description>
         <link>http://www.globest.com/news/1456_1456/phoenix/179942-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Bulk of Hawthorne Condos Sell for $12M]]></title>
         <description><![CDATA[PHOENIX-A Canadian investor steps up to take 186 units, the lion's share of what was once a 276-unit apartment-to-condo complex.]]></description>
         <link>http://www.globest.com/news/1455_1455/phoenix/179898-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Baskin-Robbins Continues Westward March]]></title>
         <description><![CDATA[PHOENIX-The Canton, MA-based chain has its sights set on Phoenix and Tucson, and is recruiting franchisees for openings throughout the desert state.]]></description>
         <link>http://www.globest.com/news/1452_1452/phoenix/179821-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Vacancies, Concessions Rise in Retail]]></title>
         <description><![CDATA[PHOENIX-Mid-year retail vacancy rates stand at 10.5%, well above last year's 6.7%, marking the ninth consecutive quarter of increases]]></description>
         <link>http://www.globest.com/news/1452_1452/phoenix/179822-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Bashas' Files for Bankruptcy Protection]]></title>
         <description><![CDATA[CHANDLER, AZ-The home-grown supermarket chain filed for Chapter 11 bankruptcy, with plans to close 10 stores by late July.]]></description>
         <link>http://www.globest.com/news/1451_1451/phoenix/179796-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Funding Moves Mortgages Ltd. From Chapter 11]]></title>
         <description><![CDATA[PHOENIX-A year after filing bankruptcy, the lender accepts $20 million from Universal Equity for its reorganization plan.]]></description>
         <link>http://www.globest.com/news/1447_1447/phoenix/179688-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[TODs to Remain on Drawing Board]]></title>
         <description><![CDATA[PHOENIX-Six months after the area's light rail began rolling, transit-oriented developers wait for the economy to improve.]]></description>
         <link>http://www.globest.com/news/1446_1446/phoenix/179652-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Diamonte Moves Into Foreclosure]]></title>
         <description><![CDATA[PHOENIX-Fairfield Residential defaults on a loan for the 454-unit Diamonte on Bell. An auction is scheduled for early September. ]]></description>
         <link>http://www.globest.com/news/1442_1442/phoenix/179529-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Elevation Chandler Death Knell Sounds]]></title>
         <description><![CDATA[CHANDLER, AZ-A recent trustee sale for the half-completed hotel/condo asset attracted no buyers, leaving mortgage holder Point Center Financial as the likely owner.]]></description>
         <link>http://www.globest.com/news/1440_1440/phoenix/179476-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[De Rito Moves Ahead on 1.1M-SF Scottsdale Pavilions]]></title>
         <description><![CDATA[SCOTTSDALE, AZ-The local developer has drained lakes on the retail project, with 23 acres available for development. Cosmetic upgrades have also been implemented.]]></description>
         <link>http://www.globest.com/news/1439_1439/phoenix/179448-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Alexan Paradise Lane Sells For $22M]]></title>
         <description><![CDATA[PEORIA, AZ-The second of sister complexes developed by Trammell Crow Residential and Opus West goes to an Illinois buyer.]]></description>
         <link>http://www.globest.com/news/1439_1439/phoenix/179449-1.html?st=rss</link>
      </item>
   </channel>
</rss>

