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Industry News |
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National Commercial Real Estate News From CoStar Group
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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.
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GREEN LEDE | Green Building News from CoStar
Welcome to Green Lede, a CoStar feature column by sustainability reporter Andrew Burr examining green building and its impact on commercial real estate, politics and the environment.
Nov. 30, 2008
Three Years Later, CalPERS Energy Goal Showing Progress
Though...
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CoStar's Retail News Roundup: Nov. 30 to Dec. 6, 2008
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Yogen Fruz, Melting Pot, and Brixx Wood Fired Pizza; new retail developments in TN, CA and NY; acquisition, merger, loan or sale activity at Sun Capital, Borders, and GGP...
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Charming Shoppes Closing Another 100 Stores
The country's largest retailer of plus-size women's apparel, Charming Shoppes, Inc (Nasdaq: CHRS) recently hired A.T. Kearney as its consultant in matters relating to restructuring and cost reduction. The retailer announced plans to close as many as 100...
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GGP Secures Two-Week Extension on $900M in Loans
Debt-laden General Growth Properties (NYSE: GGP) announced on Nov. 30, the date its $900 million in mortgage loans on Fashion Show Mall and Shoppes at Palazzo in Las Vegas were set to come due, that it secured a two-week extension with the syndicate of...
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CoStar's Retail News Roundup: Nov. 24 to 30, 2008
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Al Copeland Investments and RedBrick Pizza; new retail developments in TX, PA, MO, OH, IL and NJ; acquisition, merger, loan or sale activity at Macerich and Circuit City...
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Pryor Cashman to Occupy 100,000 SF at Times Square Tower
Pryor Cashman LLP has signed a 15-year, 100,000-square-foot lease with Boston Properties at New York's Times Square Tower.
The law firm is taking the 39th, 40th and 41st floors of the trophy office tower, along with nearly half of the third floor....
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Update: REJECTED! Target Considering Spinning Off Real Estate to Form New REIT
Update: Targets Rejects Pershing's Proposal
Target Corporation (NYSE:TGT) announced late Nov. 21, 2008 that it will not further pursue Pershing Square's proposal to spin-off Target's real estate into a new Real Estate Investment Trust.
"The company...
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Babcock & Brown To Exit U.S. Mall and Multifamily Businesses
Babcock & Brown said this week that, "in light of global market conditions," it has decided to restructure its business to specialize in infrastructure investment. The decision is the result of a strategic review undertaken earlier this year in an effort...
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Sallie Mae to Bring 1,100 Jobs to Delaware
SLM Corp. (Sallie Mae) is bringing a new administrative facility - and 1,100 new jobs - to Delaware, the student lending giant said Thursday.
Sallie Mae plans to hire about 750 employees for its new Credit Operations Center in Newark by the end of...
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Keystone & AmeriHealth Extend Leases at Airport Business Ctr.
Keystone Mercy Health Plan, and AmeriHealth Mercy Heath Plan have extended their leases with Mack-Cali Realty Corp. at the Airport Business Center in Lester, PA, through April 2020.
The extensions represent a total occupancy of 303,149 square feet...
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Industry News 
