Lease Up/Lease Down (Nov. 1-7): AT&T, Wachovia Renew in Florida
November 4th, 2009News of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers has been consolidated into Lease Up/Lease Down. Look to Lease Up/Lease Down every week for valuable information that can be used as a source…
Updated: FDIC Adopts Guidelines For ‘Prudent’ CRE Loan Workouts
November 4th, 2009As CoStar reported a couple weeks ago, the government announced plans to unveil workout guidelines encouraging banks to restructure troubled commercial construction and mortgage loans as banks continue to fail at a rate not seen since the early 1990s…
Upping Ante for New York ‘Racino’
November 4th, 2009What’s Taking So Long?New York Gov. David Paterson is upping the ante for bidders vying to turn a dilapidated horse-racing track into New York City’s first casino-type destination.
LG Electronics Extends 409,000-SF Lease Southeast of Chicago
November 4th, 2009LG Electronics USA Inc. renewed its 408,966-square-foot lease at 875 Crossroads Parkway, Romeoville, IL. The manufacturer of home appliances and electronics uses the facility as its Midwest distribution center.
Duke Realty Corp. delivered the 528…
Liberty International Shivers in Retail Chill
November 4th, 2009Liberty International has made strides over the past year shoring up its balance sheet, managing occupancy and maintaining cash flow. But the U.K.’s largest retail landlord’s problems are far from over.
Experts Divided Over Holiday Retail Sales Expectations
November 3rd, 2009The 2009 holiday retail sales projections are out and experts are divided over whether retailers can expect improved or disappointing sales during the all-important ‘make-or-break’ shopping period.
“This year’s holiday season spending will be a lot…
Renewed Optimism? Experts Divided Over Holiday Retail Sales Expectations
November 3rd, 2009The 2009 holiday retail sales projections are out and experts are divided over whether retailers can expect improved or disappointing sales during the all-important ‘make-or-break’ shopping period.
“This year’s holiday season spending will be a lot…
Once Burned, Twice (Not so) Shy
November 3rd, 2009Some property investors who got hammered in the real-estate debacle of the early 1990s are again on the ropes. But one of Boston’s more controversial and colorful landlords, says he has learned his lesson.
In The Pipeline: CoStar Development and Construction News for Nov. 1-7
November 3rd, 2009In this week’s issue, Atlanta-based IDI delivers a 130,000-square-foot build-to-suit to Porsche America for its training and customer service center in Pennsylvania’s Lehigh Valley; Blue Springs, MO, officials are trying to move forward on the 500-acre…
CoStar’s Retail News Roundup: Nov. 1 – 7, 2009
November 2nd, 2009This week in the Retail Roundup, CoStar reports on expansions or new concepts at Prime Retail and Edible Arrangements; closings, cutbacks, defaults, or bankruptcy news at Movie Gallery and more; acquisition, merger, loan, sale, or IPO activity at USAA…
