IN THE PIPELINE: CoStar Development and Construction News for July 12-18
July 14th, 2009This week’s edition of In The Pipeline includes a report on a American Institute of Architects forecast that commercial construction will continue to slide for the rest of 2009 and 2010; the state of Illinois, however may see a $ 31 billion boost in institutional…
CoStar’s Retail News Roundup: Jul. 12 to Jul. 18, 2009
July 13th, 2009This week in the Retail Roundup, CoStar reports on expansions or new concepts at Hhgregg, JC Penney, Vapiano, Goody’s, and Walgreens; new retail development news inNV, IL, TX, and CA; acquisition, merger, loan or sale activity at Developers Diversified…
The Lease Up (July 12-18): Nissan Consolidating Distribution Operations
July 13th, 2009Editor’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…
Vintage Real Estate Spends $50M on South Bay Pavilion
July 12th, 2009South Bay Pavilion, a regional mall in Carson, CA, was sold to Los Angeles-based Vintage Real Estate, which is a subsidiary of Vintage Capital Group, an investment firm founded by Fred Sands. Irvine, CA-based Hopkins Real Estate Group sold the property…
Nautilus Greatly Reducing HQ Space in Vancouver
July 12th, 2009Nautilus Inc. is drastically reducing its headquarters space in Vancouver, WA, shedding nearly 385,000 square feet.
According to a filing last week, the exercise equipment manufacturer terminated its 10-year, 482,538-square-foot lease at 16400 S.E…
Smith & Hawken Liquidating 56-Store Fleet
July 10th, 2009Smith & Hawken, purveyor of fine outdoor furniture and accessories, as well as garden goods, is closing up shop as its year-long efforts to find a buyer failed. Gordon Brothers Group is managing the liquidation of Smith & Hawken’s fleet of 56 stores…
Grammy Meets LEED in Santa Monica
July 9th, 2009The annual Grammy awards show aside, it has been an unusually busy awards season for the National Academy of Recording Arts and Sciences.
Just months after its new Santa Monica, CA, headquarters earned LEED Gold certification for the core and shell…
Nissan Consolidating Tennessee Distribution Operations
July 9th, 2009Nissan North America is consolidating its parts distribution operations in Mt. Juliet, TN.
The automaker signed a long-term, design-build lease with Opus Northwest for a new 717,160-square-foot facility in the Couchville Pike Business Center, about…
Pioneer SoCal Developer Ray Watt Dies at 90
July 9th, 2009Raymond A. Watt, who pioneered the development of condominiums, strip shopping centers, timeshares and mixed-use residential communities in Southern California and throughout the West, died July 7 in Rancho Mirage, CA. He was 90.
During a 60-year real…
Pioneer SoCal Developer Ray Watts Dies at 90
July 9th, 2009Raymond A. Watt, who pioneered the development of condominiums, strip shopping centers, timeshares and mixed-use residential communities in Southern California and throughout the West, died July 7 in Rancho Mirage, CA. He was 90.
During a 60-year real…
