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News Archive

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Investors Return to Prague

February 2nd, 2010

Prague is beginning to show the stirrings of what might be renewed interest among investors in buying commercial real estate in Central and Eastern Europe.

Rufrano’s Exit, and Entrance

February 2nd, 2010

Head real-estate honcho says so long to Centro and hello to Cushman.

Macklowe Selling N.Y. Towers

February 2nd, 2010

The struggling developer is selling the bulk of his New York residential business, unloading three rental towers to Equity Residential for $475 million.

In The Pipeline: CoStar Development and Construction News for Jan. 31-Feb. 6

February 2nd, 2010

This week, CoStar reports that Jones Lang LaSalle has landed a contract to provide development services for KMPG’s new headquarters offices at Two Financial Center in Boston. In New Jersey, billionaire Stephen Ross is reportedly consider a $500 million…

Rufrano Named CEO of Cushman & Wakefield

February 2nd, 2010

Cushman & Wakefield said Tuesday that Glenn Rufrano has been appointed as the firm’s new president and chief executive officer.

Based in New York, Rufrano takes office on March 22 and will also join the company’s board of directors. He succeeds Bruce…

REITs: Better but Not All-Clear

February 1st, 2010

There are some signs of an end to the drubbing taken by commercial real-estate valuations.

Updated: Movie Gallery Hires Bankruptcy Attorneys; May Close Another 1,000 Stores

February 1st, 2010

Update Published 2/1/2010:
The law firm of Sonnenschein Nath & Rosenthal has been hired by Movie Gallery to help the movie rental retailer prepare for a possible bankruptcy filing. Additionally, the firm is reviewing proposals from liquidation firms…

Colgate-Palmolive Signs for 744,331 SF in Metro Atlanta

February 1st, 2010

Colgate-Palmolive, a maker of household and personal care products, signed a 744,331-square-foot lease at 2501 Rock House Road in Lithia Springs, GA.

IDI owns the one-story, 744,331-square-foot, Class A industrial building built in 2008. It is about…

CoStar’s Retail News Roundup: Jan. 31 – Feb. 6, 2010

February 1st, 2010

This week in the Retail Roundup, CoStar reports on expansions or new concepts at Starbucks, Meijer and 77kids; closings, cutbacks, bankruptcy, default, receivership or foreclosure news at Home Depot, Movie Gallery and Hollywood Video; acquisition, merger…

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