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      <title>GlobeSt. Topics - Phoenix</title>
      <link>http://www.globest.com/news/topics/phoenix/index.html</link>
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      <copyright>Copyright 2009 GlobeSt. Topics All Rights Reserved.</copyright>
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      <pubDate>Mon, 05 Jan 2009 07:21:36 CST</pubDate>
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         <title><![CDATA[Apartment Market Falls in National Ranking]]></title>
         <description><![CDATA[PHOENIX-Region falls to 31 on Marcus &amp; Millichap's National Apartment Index. The report blames the ills of the multifamily sector on the 'shadow' market of private homes for rent .]]></description>
         <link>http://www.globest.com/news/1319_1319/phoenix/176077-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Expect More Phoenix Market Pain in 2009]]></title>
         <description><![CDATA[PHOENIX-The low absorption, rising vacancies and falling rents that characterized 2008 are likely to grow worse over next 12 months. ]]></description>
         <link>http://www.globest.com/news/1317_1317/phoenix/176048-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Airport Is Bright Spot in Local Economy]]></title>
         <description><![CDATA[MESA, AZ-The Phoenix-Mesa Gateway Airport as well as future plans for the General Motors Desert Proving Grounds are positive points.]]></description>
         <link>http://www.globest.com/news/1316_1316/phoenix/176006-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[300,000 SF Slated For Condo Conversion]]></title>
         <description><![CDATA[PHOENIX-M3 Cos. will spend $7 million getting the office buildings condo-ready; a 200,000-square-foot office building is also planned.]]></description>
         <link>http://www.globest.com/news/1314_1314/phoenix/175987-1.html?st=rss</link>
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      <item>
         <title><![CDATA[Four Bids Received for 63,500-SF City Hall]]></title>
         <description><![CDATA[SURPRISE, AZ-A recent call for bids for the 63,500-square-foot city hall brought four lease requests.]]></description>
         <link>http://www.globest.com/news/1311_1313/phoenix/175954-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[US Immigration Anchors $20M Development]]></title>
         <description><![CDATA[PHOENIX-US Citizen and Immigration signed a $16-million lease for 50,000 square feet in Yourland's 90,000-square-foot first phase.]]></description>
         <link>http://www.globest.com/news/1311_1311/phoenix/175903-1.html?st=rss</link>
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      <item>
         <title><![CDATA[Cole Fund Launches $2.5B Offering]]></title>
         <description><![CDATA[PHOENIX-Sales commence on up to 250 million shares of Cole Real Estate Investments' Credit Property Trust III common stock.]]></description>
         <link>http://www.globest.com/news/1309_1309/phoenix/175847-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Expansion Leases Signed At 364,533-SF Tower ]]></title>
         <description><![CDATA[PHOENIX-Oxford Life Insurance and Coopersmith Gordon take a total of more than 42,000 square feet at the class A 2800 North Central office building.]]></description>
         <link>http://www.globest.com/news/1309_1309/phoenix/175836-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Land Play Drives Office Buy]]></title>
         <description><![CDATA[PHOENIX-Recent real estate activities include Banner's 13,400-square-foot MOB acquisition and, in an unrelated deal, a 16,481-square-foot lease for ThyssenKrupp.]]></description>
         <link>http://www.globest.com/news/1308_1308/phoenix/175814-1.html?st=rss</link>
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      <item>
         <title><![CDATA[Company Sells Arena for $52M, Builds More]]></title>
         <description><![CDATA[TEMPE, AZ-While selling the 4,300-seat Town Toyota Center, the local developer has two more arenas under construction.]]></description>
         <link>http://www.globest.com/news/1307_1307/phoenix/175784-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Avenue Communities Files Chapter 11]]></title>
         <description><![CDATA[TEMPE, AZ-In a move related to a lawsuit filed against Mortgages Ltd. on Dec. 5, Avenue Communities LLC also filed for bankruptcy protection.]]></description>
         <link>http://www.globest.com/news/1303_1303/phoenix/175658-1.html?st=rss</link>
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      <item>
         <title><![CDATA[Avenue Files Suit Today Against Mortgages Ltd.]]></title>
         <description><![CDATA[TEMPE, AZ-Avenue Communities LLC is fed up with default on 2007 funding obligations for its 375-unit Centerpoint Condominiums and was unable to collect on a settlement agreement reached last fall.]]></description>
         <link>http://www.globest.com/news/1301_1301/phoenix/175618-1.html?st=rss</link>
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      <item>
         <title><![CDATA[ Speakers: Retail&#146;s Long-Term View Optimistic]]></title>
         <description><![CDATA[PHOENIX-But at the same time, ICSC predicts holiday sales will only increase 1% this year, down from hopes of 2%.]]></description>
         <link>http://www.globest.com/news/1300_1300/phoenix/175574-1.html?st=rss</link>
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      <item>
         <title><![CDATA[$600M Solis Presentation Pushed to January]]></title>
         <description><![CDATA[SCOTTSDALE, AZ-The city council has asked developers of the proposed 11-acre, mixed-use development to move its presentation from December 9 to January 27.  If passed, the project preconstruction phase is still slated for late 2009.]]></description>
         <link>http://www.globest.com/news/1300_1300/phoenix/175562-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Education Management Takes More Space, Again]]></title>
         <description><![CDATA[PHOENIX-The tenant makes its third deal in two years, taking down  37,506 square feet at Liberty Cotton Center Business Park's building 11. ]]></description>
         <link>http://www.globest.com/news/1299_1299/phoenix/175538-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Halvorson Appointed Senior VP, Targets AZ]]></title>
         <description><![CDATA[PHOENIX-John Halvorson shuts the door on his former business, Pacific Commercial Capital, throwing his experience and reputation with Hanley Investment Group to push into Arizona.]]></description>
         <link>http://www.globest.com/news/1298_1298/phoenix/175511-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Bond Package OK Leads To 20-Acre Closing]]></title>
         <description><![CDATA[MESA, AZ-The passing of a $169-million bond package by voters on November 4 facilitated the $5-million sale of acreage near a proposed terminal in the Phoenix-Mesa Gateway Airport.  ]]></description>
         <link>http://www.globest.com/news/1295_1295/phoenix/175427-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Crystal Adds Arizona, California To List]]></title>
         <description><![CDATA[PHOENIX-The Las Vegas-based investor plans to acquire undervalued and distressed real estate in these two states from financial institutions.]]></description>
         <link>http://www.globest.com/news/1293_1293/phoenix/175371-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Right Place Shuts Door On Acquisitions]]></title>
         <description><![CDATA[PHOENIX-After more than two years of obtaining class B and class C multifamily assets with value-add plans, Right Place and acquisition arm Red Door is closing its doors.]]></description>
         <link>http://www.globest.com/news/1291_1291/phoenix/175296-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Bonneville Will Relocate To 30,690 SF]]></title>
         <description><![CDATA[PHOENIX-The parent company of local KTAR radio station will relocate its offices during summer 2009 to its new site. The company signed a 15-year lease in the 297,514-square-foot Squaw Peak Corporate Cen]]></description>
         <link>http://www.globest.com/news/1290_1290/phoenix/175282-1.html?st=rss</link>
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