A Warehouses Gamble Sours in Phoenix
July 31st, 2009Almost a dozen giant warehouses sit silent and empty in Phoenix, relics of the city’s dashed dream to become a national distribution hub.
McKinsey Study Finds Commercial and Residential Buildings Key to Unlocking Nation’s Energy Efficiency Potential
July 31st, 2009Investing $125 billion in efficiency measures over the next decade would reduce energy consumption and greenhouse gas emissions in the U.S. commercial sector to pre-2008 levels, according to a new report by the consulting group McKinsey & Co.
The commercial…
Efficiency Can Offset U.S. Energy Demands of Next Decade, McKinsey Study Finds
July 31st, 2009Investing $125 billion in efficiency measures over the next decade would reduce energy consumption and greenhouse gas emissions in the U.S. commercial sector to pre-2008 levels, according to a new report by the consulting group McKinsey & Co.
The commercial…
Macerich Sells 49% of Star New York City Asset to Cadillac Fairview
July 31st, 2009The Cadillac Fairview Corporation, a subsidiary of Ontario Teachers’ Pension Plan, is becoming a joint venture partner in the Queens Center, a 966,499-square-foot urban mall in Queens, NY. The center’s owner since 1995, Macerich, said it would receive…
Receivers’ Catch: Foreclosures
July 30th, 2009Some banks are starting to bypass foreclosure on large, troubled real-estate developments and instead are throwing the properties into receivership.
Retail Markets Continue to Struggle in Q2, but Some Improvement in Sight
July 30th, 2009CoStar Group subscribers, who attended the presentation this week by Jay Spivey, CoStar Group’s Senior Director of Research & Analytics, were provided the latest detailed analysis on the state of the retail commercial real estate industry, benefitting…
Sheryl Crow to Perform at Greenbuild
July 29th, 2009Rocker Sheryl Crow will open the U.S. Green Building Council’s Greenbuild 2009 Conference in Phoenix with a concert at Chase Field, the home of baseball’s Arizona Diamondbacks.
“Performing at Greenbuild is like being on the international stage of the…
Verizon Wireless Keeps SoCal HQ in Irvine Spectrum
July 29th, 2009Verizon Wireless is keeping its Southern California headquarters in Irvine Spectrum, retaining 2,300 jobs for the region.
The telecommunications giant signed a 10-year deal with Irvine Company Office Properties to renew its 475,000-square-foot lease…
Outbound Mail: USPS Targets Thousands of Branches for Closure
July 29th, 2009Bedroom communities across the country have been reading and hearing similar headlines in the last few weeks:
Leawood post office will close in September
– Kansas City Star
USPS moving operations out of Winchester
— WHSV in Winchester, VA
Univ…
USPS Targets Thousands of Branches for Closure
July 29th, 2009Bedroom communities across the country have been reading and hearing similar headlines in the last few weeks:
Leawood post office will close in September
– Kansas City Star
USPS moving operations out of Winchester
— V in Winchester, VA
Uiv…
