<rss version="2.0" xmlns:ynewsrss="http://news.yahoo.com/rss.html"><channel><title><![CDATA[East Bay Commercial Real Estate News From CoStar Group]]></title><link><![CDATA[http://www.costar.com/]]></link><description><![CDATA[CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.]]></description><language><![CDATA[en]]></language><category domain="Yahoo"><![CDATA[Business/Real_Estate_and_Housing]]></category><ttl>15</ttl><image><title><![CDATA[CoStar Group, Inc.]]></title><link><![CDATA[http://www.costar.com/]]></link><url><![CDATA[http://www.costar.com/SharedFiles/Common/images/logos/CoStarGroup112.gif]]></url></image><item><title><![CDATA[CoStar's People of Note (Aug. 29-Sept. 4)
]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=546BCB7F9ED0AF639C13BDAF2D7B496C&ref=1&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: Atlanta, Inland Empire, Los Angeles, Milwaukee/Madison, New York City, Orange County and Washington, DC.

ATLANTA
Green Bldg. Expert Joins Grubb's Office Group

Grubb & Ellis Co. appointed...]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Fri, 03 Sep 2010 02:43:44 GMT]]></pubDate></item><item><title><![CDATA[CoStar's Deals of Note (Aug. 29 - Sept. 4)]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=86EA6F1366ABCA6106BC2DA66755AF7C&ref=1&src=rss]]></link><description><![CDATA[NEW YORK
Boston Properties to Acquire 510 Madison
By Andrew Deichler

Boston Properties said last week that it is acquiring 510 Madison Ave. from oft-troubled New York developer Harry Macklowe. 

The REIT has agreed to a purchase price equal to...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Mon, 30 Aug 2010 01:32:29 GMT]]></pubDate></item><item><title><![CDATA[Prime Group Acquires Richmond Multifamily for $17.5M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=E16901AC94599F295C9A6FC9AA52769E&ref=1&src=rss]]></link><description><![CDATA[Prime Group purchased The Summit at Hilltop multifamily property at 3600 Sierra Ridge Drive in Richmond, CA, from Bridge Housing Corp. for $17.5 million, or about $72,917 per unit.  

The 176,758-square-foot, 240-unit apartment building was constructed...]]></description><author><![CDATA[Aaron James Bankhurst <news@costar.com>]]></author><pubDate><![CDATA[Thu, 02 Sep 2010 05:23:34 GMT]]></pubDate></item><item><title><![CDATA[Bank Watch: Regulator Says Bankers, Not Bricks, Main Reason Behind Most Bank Failures]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=B929A2A719B07DBFE74D084EF4DD4C73&ref=1&src=rss]]></link><description><![CDATA[Don't blame the current wave of bank failures on commercial real estate; much of the blame belongs to bad bankers.

While it is clear that commercial real estate and construction and land development loans have figured in most every bank failure in...]]></description><author><![CDATA[Mark Heschmeyer <news@costar.com>]]></author><pubDate><![CDATA[Thu, 02 Sep 2010 02:12:30 GMT]]></pubDate></item><item><title><![CDATA[Lease Down (Aug. 29 - Sept. 4): Northrop Grumman, Aviat Continue to Downsize]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=3FCA6AE204BCDCA4C2AAD44D4AA6D628&ref=1&src=rss]]></link><description><![CDATA[CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise read keeping you    updated on major corporate moves affecting commercial real estate. For news on corporate expansions...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Tue, 31 Aug 2010 05:47:33 GMT]]></pubDate></item><item><title><![CDATA[In The Pipeline: CoStar Development and Construction News for Aug. 29 - Sept. 4]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=25E0F0EAC484EBEB3A534354D5ABD489&ref=1&src=rss]]></link><description><![CDATA[In this week's Pipeline, Forest City Enterprises will privatize and build family housing at four military bases  in South Carolina, Tennessee and Mississippi; in Rockville, MD, business and government leaders will officially kick off a $200 million expansion...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 31 Aug 2010 12:06:08 GMT]]></pubDate></item><item><title><![CDATA[Lease Up (Aug. 29 - Sept. 4): BP Selects Memphis Facility to Store Gulf Cleanup Materials]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=B2227616EB00D3BE244E49FBCDE0029A&ref=1&src=rss]]></link><description><![CDATA[CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a  concise read keeping you   updated on major corporate moves affecting commercial real estate. For news on consolidatations and  lease...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Mon, 30 Aug 2010 08:43:17 GMT]]></pubDate></item><item><title><![CDATA[Coffee Distributor Leases 143,852 SF in San Leandro
]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=44119B249C52530B0CF55368D561C1C4&ref=1&src=rss]]></link><description><![CDATA[The Annex, a distributor of coffee and other products, signed a five-year lease for 143,852 square feet in the warehouse/distribution facility at 1345 Doolittle Ave. in San Leandro, CA. 

The 321,830-square-foot building was constructed in 1962 in Alameda...]]></description><author><![CDATA[Jeremy Hoffmann <news@costar.com>]]></author><pubDate><![CDATA[Mon, 30 Aug 2010 07:43:16 GMT]]></pubDate></item><item><title><![CDATA[Jackson Square Buys Richmonds Tides Apts. for $32M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=6837F111FC903DB2E08CB15FAA779CBB&ref=1&src=rss]]></link><description><![CDATA[Jackson Square Properties purchased the 200-unit multifamily property at 3185 Garrity Way in Richmond, CA, from Prudential Real Estate Investors for $32.76 million, or about $163,775 per unit.  

The 178,920-square-foot apartment community consists...]]></description><author><![CDATA[Aaron James Bankhurst <news@costar.com>]]></author><pubDate><![CDATA[Mon, 30 Aug 2010 04:59:05 GMT]]></pubDate></item><item><title><![CDATA[Santa Clara Industrial Bldg. Sells for $1.3M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=B1F97C365D782E4EFCC523618931B712&ref=1&src=rss]]></link><description><![CDATA[Elcor Electric acquired 3300-3310 Bassett St. in Santa Clara, CA, from Karl Schulz for $1.3 million, or about $120 per square foot.

The one-story, 10,800-square-foot, Class C warehouse was constructed in 1979.  It is zoned ML SC and is on a 0.57-acre...]]></description><author><![CDATA[Cat Henderson <news@costar.com>]]></author><pubDate><![CDATA[Fri, 27 Aug 2010 03:24:58 GMT]]></pubDate></item><item><title><![CDATA[CoStar's People of Note (Aug. 22-28)]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=86F718084914E50D36B7723F15F9A0BA&ref=1&src=rss]]></link><description><![CDATA[This week's People of Note includes the following markets: Atlanta, Denver, Hartford, New York City, Northern New Jersey, Retail, South Florida and Washington, DC.

ATLANTA
Brown Joins Cortland as Chief Acquisitions Officer

Cortland Partners recruited...]]></description><author><![CDATA[Laurie Forbes <news@costar.com>]]></author><pubDate><![CDATA[Fri, 27 Aug 2010 02:19:41 GMT]]></pubDate></item><item><title><![CDATA[Historical Society Buys Foothill Blvd. Retail Property]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=545DDF6EABC6008D66BF9FD5DA516A59&ref=1&src=rss]]></link><description><![CDATA[The Hayward Area Historical Society purchased the general retail building at 22380-22398 Foothill Blvd. in Hayward, CA, from the Far East National Bank for nearly $1.88 million, or nearly $64 per square foot. 

The 29,447-square-foot building was built...]]></description><author><![CDATA[Melanie Tucker <news@costar.com>]]></author><pubDate><![CDATA[Fri, 27 Aug 2010 12:35:42 GMT]]></pubDate></item><item><title><![CDATA[Retail Specialist Joins Grubb & Ellis]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=CD17684E63F250768FCE276B47BC9C3C&ref=1&src=rss]]></link><description><![CDATA[Ron Willet joined Grubb & Ellis in Walnut Creek, CA, as a sales and leasing specialist of retail properties. 

Willet will represent local landlords and tenants and will consult with them on strategies for their properties and business plans in a constantly...]]></description><author><![CDATA[Jeremy Hoffmann <news@costar.com>]]></author><pubDate><![CDATA[Fri, 27 Aug 2010 11:52:07 GMT]]></pubDate></item><item><title><![CDATA[Travel Inn Sells Berkeley Motel for $5.9M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=0248009F3748F050B5C9C207563D8D4A&ref=1&src=rss]]></link><description><![CDATA[Travel Inn Associates sold the 42-unit Rodeway Inn Hospitality complex in Berkeley, CA, to Shree Jalasai Lodging LP for $5.85 million, or approximately $332 per square foot.

The 17,600-square-foot building consists of 42 hospitality units and four...]]></description><author><![CDATA[Michael Spang <news@costar.com>]]></author><pubDate><![CDATA[Wed, 25 Aug 2010 10:22:58 GMT]]></pubDate></item><item><title><![CDATA[Cruise America Sells Oakland Storefront for $5.6M]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=3445FD08E2DC7C199648DC1A15F9F1F4&ref=1&src=rss]]></link><description><![CDATA[Cruise America Inc. sold the retail building at 796 66th Ave. in Oakland, CA, to Redevelopment Agency of the City of Oakland for $5.6 million, or about $377 per square foot. 

The 14,840-square-foot building was constructed in 1946 and is on a 4.5-acre...]]></description><author><![CDATA[Michael Spang <news@costar.com>]]></author><pubDate><![CDATA[Wed, 25 Aug 2010 06:54:35 GMT]]></pubDate></item><item><title><![CDATA[CoStar to Release August Repeat Sales Analysis Next Week]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=1D48FFBA833DD200C0737D4F383EDD1D&ref=1&src=rss]]></link><description><![CDATA[Look for the latest findings of the    CoStar Commercial Repeat-Sale Indices (CCRSI) to be released this coming Wednesday, September 1, 2010. 

CoStar developed the    CoStar Commercial Repeat-Sale Indices to provide a comprehensive set of benchmarks...]]></description><author><![CDATA[Tim Trainor <news@costar.com>]]></author><pubDate><![CDATA[Wed, 25 Aug 2010 04:22:26 GMT]]></pubDate></item><item><title><![CDATA[SuperGen Renews 30,000 SF in Dublin]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=D4823330C8D413E97804651A39C204D2&ref=1&src=rss]]></link><description><![CDATA[SuperGen Inc., a pharmaceutical company that specializes in cancer therapies, renewed 30,000 square feet for five years in the office building at 4140 Dublin Blvd. in Dublin, CA.

The 138,136-square-foot, four-story property delivered in 2000. It is...]]></description><author><![CDATA[Kate Retzinger <news@costar.com>]]></author><pubDate><![CDATA[Wed, 25 Aug 2010 02:15:31 GMT]]></pubDate></item><item><title><![CDATA[CoStar's Deals of Note (Aug. 22-28)]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=ED77497F8E7F932CAC354C0DBA17278A&ref=1&src=rss]]></link><description><![CDATA[SOUTH FLORIDA
Sunstone Picks Up Royal Palms Hotel for  $117M
By Heather Sellers

Sunstone Hotel Investors acquired the Royal Palm Hotel at 1545 Collins Ave. in Miami Beach at a foreclosure auction. 

The gross purchase price was $126.1 million,...]]></description><author><![CDATA[CoStar Research <news@costar.com>]]></author><pubDate><![CDATA[Mon, 23 Aug 2010 01:50:14 GMT]]></pubDate></item><item><title><![CDATA[Abercrombie & Fitch Shuttering 110 Stores, GM Shrinks Real Estate Holdings, More Retailer Right-Sizings]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=EAD2426EC22F531AD68F688FBB26E46D&ref=1&src=rss]]></link><description><![CDATA[CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise  read keeping you updated on major corporate moves affecting commercial real estate. For news on corporate expansions,...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Wed, 25 Aug 2010 03:21:44 GMT]]></pubDate></item><item><title><![CDATA[In The Pipeline: CoStar Development and Construction News for Aug. 22 - 28]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=E11AFC603299449CFDFFFEEC01FE03F6&ref=1&src=rss]]></link><description><![CDATA[In this week's Pipeline, the Empire State Building failed in its bid to  amend or halt plans by Vornado Realty Trust to build a nearly 1,200-foot skyscraper in the sightlines of the historic building;  a Los Angeles-based fund is providing $22.6 millionto...]]></description><author><![CDATA[Randyl Drummer <news@costar.com>]]></author><pubDate><![CDATA[Tue, 24 Aug 2010 11:15:57 GMT]]></pubDate></item><item><title><![CDATA[Lease Up (Aug. 22-28): GMHC, WNET Sign Major Manhattan Office Deals]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=BE897BC7E5D2BA4DB98E8A00E795C87D&ref=1&src=rss]]></link><description><![CDATA[CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a  concise read keeping you   updated on major corporate moves affecting commercial real estate. For news on consolidatations and  lease...]]></description><author><![CDATA[Andrew Deichler <news@costar.com>]]></author><pubDate><![CDATA[Mon, 23 Aug 2010 10:15:52 GMT]]></pubDate></item><item><title><![CDATA[Regal Entertainment Buys Trio Portfolio for $29M
]]></title><link><![CDATA[http://www.costar.com/News/Article.aspx?id=5F323D7702A0A7B8E03DF80CD187E6C9&ref=1&src=rss]]></link><description><![CDATA[Regal Entertainment Group acquired three movie theaters in Columbia, MD; Berkeley, CA; and Walled Lake, MI, from Westcore Properties for $29.14 million or $225.33 per square foot.

United Artist occupies all of the locations. 

The assets include...]]></description><author><![CDATA[Melannie Skinner <news@costar.com>]]></author><pubDate><![CDATA[Mon, 23 Aug 2010 05:28:54 GMT]]></pubDate></item></channel></rss>