Lake Tahoe Commercial Real Estate and Mortgage Brokerage

National Commercial Real Estate News From CoStar Group

Attracting Crowds, CAS Unveils a Spectacle on its Roof
10/6/2008 9:57 PM
It has colonies of African penguins and Philippine coral, a four-story tropical rainforest and a digital planetarium with live feeds from NASA, but one revelation at the new California Academy of Sciences (CAS) museum in San Francisco is overshadowing........

GREEN LEDE \| Green Building News from CoStar
10/6/2008 6:03 AM
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. Oct. 6, 2008 Attracting Crowds, CAS Unveils a Spectacle on its Roof........

CoStar's Retail News Roundup: Oct. 5 to 11, 2008
10/6/2008 4:16 AM
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Kohl's and Saladworks; new retail developments in NC, PA, CA, TX, NV and IL; acquisition, merger, loan or sale activity at Sembler and Cole Companies, Wells Fargo and Wachovia........

The Walking Company is Closing 71 Remaining Big Dogs Stores
10/6/2008 1:25 AM
The Walking Company Holdings, Inc. (NASDAQ: WALK) has negotiated a plan to close-out its chain of Big Dogs retail stores as part of its long-term restructuring and strategic plan. Although 231 stores-strong at its peak, Big Dog was down to about 140 stores........

Vertical Holdings Sells Shops at Chauncey Ranch for $66.24M
10/5/2008 10:17 PM
Scottsdale, AZ-based Vertical Holdings Company closed on the sale of The Shops at Chauncey Ranch, a 169,000-square-foot center anchored by Whole Foods Market, PetSmart, The Container Store and Road Runner Sports, located at the southwest corner of Scottsdale........

Verizon Sells Downtown Boston Tower for $192 Million
10/3/2008 3:23 AM
Verizon has closed on its sale of the 600,000-square-foot tower at 185 Franklin St. in Boston to a joint venture that includes investment advisor Kennedy Real Estate Counsel LP for $192 million, or $320 per square foot, according to sources. Kennedy........

W.P. Carey - Life Time Fitness Complete $63 M Sale-Leaseback Transaction
10/3/2008 2:10 AM
W.P. Carey Co., under affiliate Corporate Property Associates 17 -- Global Incorporated, completed the acquisition of two fitness centers for $63 million. Life Time Fitness, Inc was the seller of the two buildings, which total 220,340 square feet and........

Sembler Sells 1.14M-SF Central Florida Retail Center to Cole Real Estate Investsments
10/3/2008 1:08 AM
The Sembler Co. has sold a major portion of Winter Garden Village at Fowler Groves, a regional power/lifestyle center in Central Florida, to Phoenix-based Cole Real Estate Investments for an undisclosed price. Cole picked up 759,459 square feet of........

Wells Fargo & Wachovia Reach $15.1B Merger Agreement; Citi Protests
10/3/2008 12:27 AM
Wells Fargo & Company (NYSE:WFC) and Wachovia Corporation (NYSE:WB) announced Oct. 3 the signing of an agreement to merge the two companies, including all of Wachovia's banking operations in a whole company transaction requiring no financial assistance........

Updated: Lifetime Brands Closing 53 Outlet Stores
10/2/2008 10:26 PM
Lifetime Brands, Inc. (Nasdaq: LCUT) will close all of its remaining 53 outlet retail stores, which include 39 Pfaltzgraff factory stores, eight Farberware outlet retail stores and six clearance stores. Further, the company also plans to close its 473........