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Lehman Bros. Bankruptcy Offers Prime Example of How Not to Grow a CRE Portfolio

3/17/2010 9:17 PM

As corporate post mortems go, the report compiled by the bankruptcy examiner of Lehman Brothers Holdings Inc., may go down as the standard in bankruptcy documents. And what it tells us about the collapse of the once-venerable investment house will stand.....Read More

Former L.J. Melody Trio Joins JLL to Expand Real Estate Investment Banking Business

3/17/2010 6:40 AM

In an aggressive move to expand its capital markets business, Jones Lang LaSalle (NYSE:JLL) hired three leading mortgage brokers to head its Real Estate Investment Banking (REIB) business in the Americas. Thomas J. Melody, Thomas O. Fish and Michael.....Read More

PwC Investor Survey Finds Hope for First Time in Two Years

3/17/2010 4:41 AM

Visualize recovery. Commercial real estate investors find that easier to do today than at any point during the past two years, despite concerns over weak demand and maturing upside-down loans, according to the first-quarter 2010 PricewaterhouseCoopers.....Read More

Retail Leasing Activity Helps Offset Deluge of Vacant Junior Anchor Stores

3/17/2010 2:56 AM

During 2008 and 2009, several major retailers that typically leased junior anchor tenant positions in shopping centers closed hundreds of stores nationwide. Among the largest closures were 722 Circuit City stores, 589 Linens 'n Things stores, 367 Goody.....Read More

Lease Up/Lease Down (Mar. 14-20): E! Renews, Schools Cut Staff

3/16/2010 11:49 PM

CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial.....Read More

In The Pipeline: CoStar Development and Construction News for March 14-20

3/15/2010 4:15 AM

In this week's In The Pipeline, developers will get another shot at winning the right to develop a casino at the Aqueduct Race Track in Queens, NY. CRB Realty Associates has filed a report with the state indicating its interest in developing Parkway.....Read More

E! Renews HQ Lease in Los Angeles

3/14/2010 11:05 PM

E! Entertainment Television has re-upped its headquarters lease in Los Angeles, signing a 10-year renewal at Wilshire Courtyard. Comcast's popular entertainment network occupies a total of 335,304 square feet at 5700 and 5750 Wilshire Blvd. It is.....Read More

CoStar's Retail News Roundup: Mar. 14 - 20, 2010

3/14/2010 8:54 PM

This week in the Retail Roundup, CoStar reports on expansions or new concepts at Urban Outfitters and Genesco; closings, cutbacks, bankruptcy, default, receivership or foreclosure news at French Connection, Men's Wearhouse, American Eagle and Williams.....Read More

Men's Wearhouse Identifies 145 Stores for Probable Closure

3/11/2010 11:43 PM

During 2009, Men's apparel retail chain, Men's Wearhouse, opened 6 new, but closed 41 stores. Due to geographic overlap caused by its 2006 acquisition of the AfterHours Formalwear chain, the company has identified 145 stores that it would likely close.....Read More

American Eagle Shuttering 28 MARTIN +OSA stores

3/11/2010 12:19 AM

Pittsburgh, PA-based specialty apparel retailer, American Eagle Outfitters (NYSE:AEO), is shuttering its MARTIN + OSA banner, including its 28 stores and online business. The company expects to conclude the liquidation of the MARTIN + OSA stores, which.....Read More