Tishman Completes 1 Million SF in NY-Area Office Renewals
Tishman Speyer said last week that it closed on more than 1.05 million square feet in New York-area office renewals in December. A single-month record for the real estate firm, the deals included five top-tier tenants.The most activity occurred in…
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San Antonio starts building newest library branch
The San Antonio Public Library broke ground Tuesday on the new Parman Branch Library in the Stone Oak area of North San Antonio.
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Marriott’s Oceana Palms opens
Marriott Vacation Club is debuting its Oceana Palms property on Singer Island in Riviera Beach today.
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Pacific Office plans $400M offering
Pacific Office Properties Trust wants to raise $400 million through a stock offering and plans to use the money to invest in more office buildings on the West Coast and in Hawaii.
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UPDATE: Penn Traffic Files Bankruptcy; Buyer Likely
Updated January 8, 2010: Buffalo, NY-based Grocery store operator, Tops Friendly Markets, intends to acquire most of the assets of Penn Traffic Company out of bankruptcy. Reportedly, Tops proposed an $85 million bid to acquire all of Penn Traffic…
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Foot Locker Closing 200 Stores This Year
Athletic footwear and apparel retailer, Foot Locker, expects to have opened 40 new stores and closed 200 stores during its fiscal 2009 year (ends 1/31/2010), which is 60 more store closures than the retailer had originally anticipated. This year’s net…
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Hines, CalPERS Sold 500,000-SF Office Park for $75M
National Office Partners LP, a joint venture of Hines and the California Public Employees’ Retirement System (CalPERS), sold Station Square, a 496,967-square-foot office park in Silver Spring, MD, last week to a joint venture led by Moore & Associates…
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Aurora advances Horizon Uptown project
The Aurora City Council has agreed to declare as blighted the Interstate 70/E-470 area where Australian developer Lend Lease Corp. plans to build its $1.5 billion Horizon Uptown mixed-use development.
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Hanger accepts $2M incentive for Austin move
Hanger Orthopedic Group Inc. (NYSE:HGR) will create 140 initial new jobs and 300 during the next several years, thanks to $2 million in state and local incentives. The company earlier today confirmed it would move its headquarters to Austin. (HGR)
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CoStar’s Retail News Roundup: January 10-16, 2010
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Disney Store and Marco’s Pizza; closings, cutbacks, bankruptcy, default, receivership or foreclosure news at Macy’s, Trans World Entertainment, Foot Locker, CityNorth and…
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