Downtown buildings change hands - Sat, 18 Aug 2012 PST

Downtown buildings change hands - Sat, 18 Aug 2012 PST

Two of Spokane's well-known but cash-strapped buildings concluded foreclosure sales Friday, closing the file on separate cases of large commercial properties falling victim to a distressed real estate market. The 17-story Wells Fargo Tower at 601 W. First Ave. and the six-level Holley Mason Building at 157 S. Howard St. both formally changed hands, culminating bank repossessions after the ...

June Swoon: CRE Pricing Recovery Hits Soft Patch - CoStar Group

June Swoon: CRE Pricing Recovery Hits Soft PatchCoStar GroupWhile high-end properties continued to shine, the first half of 2012 ended on something of a flat note overall for commercial real estate, with uncertainty over the direction of the economy exacting a toll on property pricing gains and weakening ...

Starbucks to bring bucks to Greencastle?

Eli's Books, DePauw's brand new book store which features a Starbucks coffee shop, is currently under construction in downtown Greencastle and set to open with a ribbon-cutting ceremony Sept. 24.

Two major Spokane buildings in foreclosure sold - Fri, 17 Aug 2012 PST

Two of Spokane's well-known but cash-strapped buildings concluded foreclosure sales today, shutting the file on separate cases of large commercial properties falling victim to a distressed real estate market.

Owner seeks 24% gain on St. Marks Place

The former home of the once-popular East Village movie rental shop, Kim's Video, is up for grabs. The five-story, 15,000-square-foot building located at 6 St. Marks Place, between Second and Third avenues, is for sale at an asking price of $14.5 million, according to Massey Knakal Realty Services, the brokerage that was retained to exclusively market the building. The seller, an undisclosed ...

Current Trend Sees More Foreclosed Commercial Properties - Property Magazine

Property MagazineCurrent Trend Sees More Foreclosed Commercial PropertiesProperty MagazineIt is not only residential property owners who have in the past, or are now facing foreclosure. An increased number of foreclosed commercial properties are expected in the next few years. In 2011, residential foreclosures decreased for the first time ...and more »

State reaps $16m in education site sales - Sydney Morning Herald

Sydney Morning HeraldState reaps $16m in education site salesSydney Morning HeraldThe Business 1-zoned property is heralded as the largest commercial development site to sell in Melbourne this year, measured by value - but it is estimated the property could have been worth more than $20 million should it have sold with a more ...and more »

Challenging times for cmall commercial property market - The Australian

Challenging times for cmall commercial property marketThe AustralianWhich commercial property sectors, in what states, are showing the best returns for small investors in the $3 million and under market? DON O'RORKE MANAGING DIRECTOR, CONSOLIDATED PROPERTIES GROUP. THERE are a number of macro factors ...

Commercial Deals in Spain and Italy Down the Drain in 2Q - World Property Channel

Commercial Deals in Spain and Italy Down the Drain in 2QWorld Property ChannelToday, Spanish banks are holding eight years of unsold commercial real estate assets, according to earlier published reports. Even distressed properties are not motivating Spanish and Italian investors. Borrowing costs are also soaring. It Italy, the ...and more »

Commercial-Mortgage Bond Trades Surge Amid Boost in Offerings - Bloomberg

Commercial-Mortgage Bond Trades Surge Amid Boost in OfferingsBloombergThe extra yield investors demand to own top-ranked bonds linked to commercial-property loans instead of Treasuries has declined 48 basis points to 147 basis points, or 1.47 percentage points, more than Treasuries in the past two months, according to a ...and more »

Commercial Rebounding With Less-Than-$5 Million Sales: Mortgages - Bloomberg

Commercial Rebounding With Less-Than-$5 Million Sales: MortgagesBloombergImproved demand would help broaden a commercial real estate recovery that's so far been confined to trophy office towers, apartments and malls to a broader swath of the market. Loans for properties valued at less than $1 million account for almost a ...and more »

Latest CoStar Commercial Repeat-Sale Analysis: Property Pricing Sees Little ... - NASDAQ

Latest CoStar Commercial Repeat-Sale Analysis: Property Pricing Sees Little ...NASDAQLatest CoStar Commercial Repeat-Sale Analysis: Property Pricing Sees Little Movement in June on Economic Uncertainty and Slower Pace of Market Recovery. High-End Property Pricing Holds Ground as Higher Quality Assets in Prime Markets Are Back in ...and more »

Main Street commercial building sells for $33.5M

A view of 125 Main Street, which was sold last week for $33.5 million by David Waldman and Acadia Realty Trust to Campana 125 LLC. Photo: Paul Schott / Westport News

Want a big commercial property on Staten Island's North Shore? It'll cost ... - SILive.com

SILive.comWant a big commercial property on Staten Island's North Shore? It'll cost ...SILive.comSTATEN ISLAND, N.Y. -- Asking prices for commercial real estate along commercial corridors on the North Shore of Staten Island now reach over $3 million for prime Forest Avenue locations. In West Brighton, the 100- by 100-foot lot at 382 Forest Ave ...and more »

Realty firm continues to expand

Lang Realty has opened a 2,200-square-foot, nautical-themed office at 900 E. Atlantic Ave.

Cabana Club Announces Apartment Community is 65 Percent Pre-Leased

Jacksonville's newest apartment community, Cabana Club, is now 65 percent pre-leased, according to officials with developer Perimeter Realty, Inc. .

UK Commercial Property Falls for Ninth Straight Month - Businessweek

UK Commercial Property Falls for Ninth Straight MonthBusinessweekU.K. commercial real estate values fell for the ninth straight month in July as Britain's economy faltered, Investment Property Databank Ltd. said. The average value of stores, offices and warehouses declined 0.4 percent from June, led by warehouse ...UK sees further falls in July as City growth faltersSA Commercial Prop Newsall 4 news articles »

Group to sell King hotel

As a new management team swarmed the hotel Tuesday, Snow King Resort President Manuel Lopez said the lodge's sale to JMI Realty should wrap up within seven days...

Raines Road Warehouse Sells for $2.3 Million

4049 E. Raines RoadMemphis, TN 38118 Sale Amount: $2.3 million Sale Date: Aug. 3, 2012 Buyer: BCL-Memphis LLC Seller: Progression Realty LLC Details: ...

The Buzz: 49ers stadium and Santa Clara schools target same batch of redevelopment money - Sacramento Bee

Sen. Elaine Alquist, D-Santa Clara, is jumping into a fight between the 49ers football team and education leaders in her Bay Area community by writing a bill that would allocate $30 million in disputed redevelopment funds toward building a new NFL stadium.