Breaking News Breaking News <![CDATA[Building Permits Rise as Foreclosures Drop]]> IRVINE, CA-Single-family building permits increase 27% in Q1 from a year ago, while foreclosure starts decrease the same amount, according to the latest RealtyTrac housing report.

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<![CDATA[LondonMetric Drops $16M for Iswich Retail]]> LONDON—The London-based firm has scored two new acquisitions, including the Ipswich buy.

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<![CDATA[Newest Hotel in Submarket Changes Hands]]> SAN JOSE, CA-CBRE Strategic Partners U.S. Value 6 buys the San Jose Marriott for significantly less than replacement cost.

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<![CDATA[Worst Is Behind for Core Retail Assets]]> LAS VEGAS-Although tertiary markets will continue to struggle, core primary and secondary retail should be in the clear.

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<![CDATA[Ka-ching! Retail Continues Its Streak]]> NEW YORK CITY-A new report outlines many reasons the sector is doing well, and why it shows no signs of slowing down.

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<![CDATA[Alex Brown Partnership to Develop Two Hotels Near Arena]]> SALT LAKE CITY, UT—Downtown site will hold a Hyatt House, and a Courtyard by Marriott by 2015.

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<![CDATA[NGKF Capital Marketing Six Affordable Housing Assets]]> PHOENIX—Arizona properties offer healthy occupancy levels, excellent locations and assumable financing.

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<![CDATA[Cassidy Turley Completes Sale of 18-acres to Wal-Mart]]> PHOENIX—Retailer will use land to build a Sam’s Club store.

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<![CDATA[Shops at Springs Sold By California Agent]]> DRIPPING SPRINGS, TX—Retail center includes Home Depot and HEB.

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<![CDATA[New Challenges for Old Office Users]]> NEW YORK CITY-Technology and Gen Y are shaking up that old office of mine. But workplace as gathering place gets a boost from a tech-based source: Google.

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<![CDATA[VIP Refinances Set of Industrial Properties]]> CHICAGO—The deal sets the property owner up to sell off products once the industrial market heals.

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<![CDATA[C&W Launches Legal Sector Benchmark Survey]]> WASHINGTON, DC-The survey will eventually yield invaluable data for law firms to make real estate decisions, Sherry Cushman tells GlobeSt.com's Erika Morphy.

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<![CDATA[Cambria Suites Teams With Fillmore Capital]]> LOS ANGELES–Choice Hotels International creates a joint venture with Fillmore Capital Partners LLC to develop multiple Cambria Suites hotel properties.

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<![CDATA[NY State Okays Transfer of 8,628 Mitchell-Lama Apts.]]> ALBANY-Control of the 35 affordable housing developments statewide is passing from Empire State Development to Homes & Community Renewal.

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<![CDATA[Multifamily: Still Nifty After All These Years]]> DALLAS-In a recent interview for Real Estate Forum, SWBC's Terry Gwin chatted with GlobeSt.com's Amy Wolff Sorter about multifamily product demand and why apartment development will likely stay in check – for now.

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<![CDATA[MRP Realty Taps Fundrise for Shaw Project]]> WASHINGTON, DC-Fundrise is gaining momentum in the DC area, although it still is not available to Maryland residents.

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<![CDATA[Broadway 101 CRE Offering Generated Feeding Frenzy]]> MESA, AZ-In this update about the $77M sale of Broadway 101, Cassidy Turley's Bob Buckley says the 808,000-square-foot industrial property attracted 150 queries, 21 offers and a final face-off between four groups.

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<![CDATA[SB 231 Lays Foundation for "Crown Jewel Conference Center"]]> GULF SHORES, AL-Alabama Governor Robert Bentley's ceremonial signing of Senate Bill 231 is the first step to development of a $58 million lodge and meeting facility in the 6,100-acre Gulf State Park.

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<![CDATA[MOBs Grow Up; And So Does Its Portfolios]]> BOSTON-JLL's Mindy Berman finds, through research, that the healthcare real estate sector is definitely coming of age as more investors accept medical office buildings as viable assets in which to put their funds.

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<![CDATA[Revenue Group Leases Old Call Center]]> CLEVELAND—A pair of developers continue their efforts to remake unused Ohio properties.

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<![CDATA[CBRE Markets Princeton Area MOB]]> LAWRENCEVILLE, NJ-CBRE is marketing a foreclosed property near Princeton hospitals for sale or lease as a medical office building.

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<![CDATA[Inland Renews Leases with Michaels]]> OAK BROOK, IL—The investment trust wants to improve long-term growth by upgrading its portfolio.

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<![CDATA[DCOTA Diversifies Office Leasing Strategy]]> FORT LAUDERDALE, FL—By taking a different marketing approach, Design Center of the Americas has inked 100,000 square feet of leases in 2013.

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<![CDATA[Hollo Battles Related With Capital Strategy]]> MIAMI—The Related Group is dominating the condo development cycle, with properties rising from the dirt or planned across South Florida. But Tibor Hollo is finding his niche and filling it well.

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<![CDATA[C.W. Driver Completes $110M Civic Center Project]]> NEWPORT BEACH, CA—A combined 117,000 SF, the project links an expanded library and new city hall with a 14-acre park.

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<![CDATA[California Landmark Closes on $4.2 M Koreatown Transaction]]> LOS ANGELES—Firm concluded deal in just 13 days for the 39-unit multifamily complex.

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<![CDATA[Bio Merger Could Impact Healthcare REITs]]> SAN DIEGO-The merger between local BioMed Realty and Baltimore-based Wexford Science & Technology creates a challenge for healthcare REITS' involvement in bioscience space.

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<![CDATA[GGP and TIAA-CREF Partnership Buys Grand Canal Shoppes for $410M]]> LAS VEGAS—Partnership formed to acquire and operate the retail portion of the properties.

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<![CDATA[BOMA Recognizes Forest City Ratner]]> WHITE PLAINS, NY–The developer was commended for giving the Westchester economy a boost.

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<![CDATA[Nippon Prologis REIT to Make $1.3B Acquisition]]> SAN FRANCISCO—Eight Class-A Properties to be acquired through sale of NPR. Prologis will retain at least 15% ownership.

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<![CDATA[AY Closes Almost 43,000 SF Deal Outside of Boston]]> WILMINGTON, MA-The suburban lease includes the chance to expand by another 10,000, kicking off this week’s DEAL TRACKER.

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<![CDATA[Wearable Tech Center Planned for Silicon Valley]]> SANTA CLARA, CA—Kopin Corporation says state of the art acoustic test chambers and measurement systems will help it drive voice and gesture-based technologies.

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<![CDATA[Cal-Poly Center Achieves LEED Gold Certification]]> SAN LUIS OBISPO, CA—Acquired Simon and Associates provided LEED consulting on recreation center project.

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<![CDATA[NAIOP's "Night at the Fights"]]> IRVINE, CA–The annual NAIOP “Night at the Fights” was a sold-out success, as members of the Commercial Real Estate Development Assn. and their guests enjoyed a night of networking and fun at the Hyatt Regency.

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<![CDATA[Studley Claims Record Office Sale]]> BEVERLY HILLS, CA—A 9,046-square-foot office building here sells for $10.4 million. The price translates to $1,150 per square foot, allegedly the highest sales price ever per square foot for office space here.

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<![CDATA[Foreclosed Retail Center Sells As $6.3M Bargain]]> WOODBRIDGE, NJ-An investor picked up a neighborhood shopping center that currently lacks an anchor tenant, NAI James E. Hanson tells GlobeSt.com.

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<![CDATA[Regional CREW Chapters Hold Fundraiser]]> NEW YORK CITY-NYCREW Network and several other area chapters raised over $4,000 for the Crew Foundation at a dinner complete with prize giveways through a raffle.

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<![CDATA[Duke Plans First Spec Office in Five Years]]> RALEIGH, NC—Known as Perimeter Two, the office building is already 50% preleased to three companies. How does Duke pull it off?

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<![CDATA[Off Limits No More: Hudson Sq. Adds Public Plaza]]> NEW YORK CITY-A collaboration between the neighborhood’s BID and the Port Authority, the public space is part of a five-year master plan to make the district more pedestrian friendly.

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<![CDATA[Denver Investor Bets Big on SE Multifamily]]> MIAMI—Find out why Continental Realty Advisors is planning to build a "sizeable" southeastern portfolio with "significant holdings" in Florida markets.

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<![CDATA[The Incredible Shrinking Apartment Unit]]> SAN DIEGO-Even smaller is even better for a growing number of renters, plus private capital must step up to the multifamily lending plate, say speakers on two housing panels at the ULI Spring Meeting.

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<![CDATA[Simone’s Tower Two Tops Out]]> NEW YORK CITY-Montefiore Medical Center will lease all of the second tower at Simone's Hutchinson Metro Center.

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<![CDATA[ICSC's Kercheval on RECon]]> NEW YORK CITY-The president and CEO of ICSC talks to Ian Ritter about what to expect from the annual RECon show coming up next week in Las Vegas.

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<![CDATA[Lee and Associates Closes on Portion of Palmdale Marketplace]]> PALMDALE, CA—Retail center anchored by Best Buy, Staples, Target, Barnes & Noble.

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<![CDATA[Developing Successful Retail With Fewer Anchors]]> FORT COLLINS, CO-Allen Ginsborg of Newmark Merrill (RECon booth S3867) talks about the firm's Village at the Peaks project here and a retail environment with fewer anchors.

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