IN THE PIPELINE: CoStar Development News for July 5-11
July 7th, 2009In this week’s edition of In The Pipeline, Campbell Soup Co. completes the land assemblage for its 100-acre office park in Camden, NJ; drug company Pfizer has halted plans to lease life science space in a new building in San Francisco’s Mission Bay; after…
Expansions, Relocations & Extensions (July 5-11): Yahoo! Plans New Data Center in Buffalo
July 7th, 2009In this week’s issue:
Yahoo! decides on Buffalo for its new data center
Bank of the West consolidates at Bishop Ranch
NRG Texas downsizes… to 234,000 square feet
ATCLE signs a 556,000-square-foot industrial lease
DAP renews in Rosedale, MD
Plus…
Auto Industry Wreckage Continues To Take Toll on CRE
July 6th, 2009It should come as no surprise that the massive General Motors and Chrysler bankruptcy reorganizations continue to have harmful repercussions across the commercial real estate landscape. Just this week, for example, GM filed motions to close down 38 dealers…
CoStar’s Retail News Roundup: Jul. 5 to Jul. 11, 2009
July 6th, 2009This week in the Retail Roundup, CoStar reports on expansions or new concepts at Evos and the Top 100 Retailers; new retail development news in DE; acquisition, merger, loan or sale activity at Talbots, J. Jill and Golden Gate Capital, and The Pantry…
CoStar’s Retail News Roundup: Jul. 5 to Jul. 11, 2009
July 6th, 2009This week in the Retail Roundup, CoStar reports on expansions or new concepts at Evos and the Top 100 Retailers; new retail development news in DE; acquisition, merger, loan or sale activity at Talbots, J. Jill and Golden Gate Capital, and The Pantry…
126-Store Crabtree & Evelyn Chain Files Bankruptcy
July 1st, 2009Woodstock, CT-based Crabtree & Evelyn, purveyor of fine bath and body products, filed Chapter 11 on July 1, 2009.
A global company, Crabtree said its affiliates in Canada, Europe, Hong Kong, Malaysia, Singapore, and Australia were not included in…
REITs Move Off Bottom, Can Commercial Real Estate Be Far Behind?
July 1st, 2009Data from the National Association of Real Estate Investment Trusts (NAREIT) clearly show that investors have smiled on REITs so far this year. There were 45 secondary equity offerings in the REIT industry in 2009 through May 31, which raised $14.2 billion…
If REITs Have Bottomed, Can Commercial Real Estate Be Far Behind?
July 1st, 2009There’s no pleasing some people. Despite the fact that equity REIT stocks have posted their best performance in a couple of years and have raised nearly $15 billion in new capital over the last few months, the New York securities ratings agencies this…
Bank Watch (June 28-July 4): Citizens Republic Needing To Raise Capital
July 1st, 2009Citizens Republic Bancorp Inc. is exploring several initiatives to bolster capital and strengthen its balance sheet. Citizens based in Flint, MI, has been hurt by deteriorating economic conditions, plant and dealer closings and bankruptcy filings in the…
Lease Cancellations (June 18-July 4): MagnaChip Dropping Five U.S. Locations
July 1st, 2009Crescent Resources, a land management and real estate development company based in Charlotte, NC, with interests in 10 states in the Southeast and Southwest, and certain of its subsidiaries filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court…
