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      <title>GlobeSt. Topics - Phoenix</title>
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      <pubDate>Mon, 12 May 2008 06:22:18 CDT</pubDate>
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         <title>Scottsdale Leaders Weigh Airpark Expansion Plan</title>
         <description>SCOTTSDALE, AZ-Demand outstrips room at the 2,370-acre Scottsdale Airpark. As a result, city leaders want input from businesses and property owners about ways to expand.</description>
         <link>http://www.globest.com/news/1155_1155/phoenix/170673-1.html?st=rss</link>
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         <pubDate>Mon, 12 May 2008 04:05:43 CDT</pubDate>
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      <item>
         <title>Phoenix Leaders Change at CBRE, Grubb &amp; Ellis</title>
         <description>PHOENIX-Craig Henig becomes CBRE's senior managing director to replace Gregory Coxon, Grubb &amp; Ellis' new president of transaction services for the western region.</description>
         <link>http://www.globest.com/news/1154_1154/phoenix/170639-1.html?st=rss</link>
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         <pubDate>Fri, 09 May 2008 04:05:40 CDT</pubDate>
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      <item>
         <title>96,814-SF Office Complex Undergoing Renovation</title>
         <description>SUN CITY, AZ-Bell Plaza Holdings will invest nearly $1 million into two buildings bought in January as part of a value-add strategy to invest up to $80 million in the coming years.</description>
         <link>http://www.globest.com/news/1153_1153/phoenix/170611-1.html?st=rss</link>
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         <pubDate>Thu, 08 May 2008 04:05:39 CDT</pubDate>
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      <item>
         <title>Sara Lee Signs Five-Year Lease for 74,268 SF</title>
         <description>PHOENIX-The bakery company will open another distribution center in the metro. Lights go on in July in the 255,768-sf Washington Airport Center in Central Phoenix.</description>
         <link>http://www.globest.com/news/1152_1152/phoenix/170573-1.html?st=rss</link>
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         <pubDate>Wed, 07 May 2008 04:05:38 CDT</pubDate>
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      <item>
         <title>Right Place Properties Finalizes 90-Unit Buy</title>
         <description>PHOENIX-Right Place buys MacArthur Park Apartments for $3.2 million in South Texas, where it wants to amass 2,000 units after putting deals in its hometown on the backburner.</description>
         <link>http://www.globest.com/news/1151_1151/phoenix/170535-1.html?st=rss</link>
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         <pubDate>Tue, 06 May 2008 04:05:37 CDT</pubDate>
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      <item>
         <title>DeBartolo Ready to Start $150M Mountain Vista</title>
         <description>MESA, AZ-Ground breaks Tuesday on 700,000 sf of retail for the 1.3-million-sf Mountain Vista Marketplace. Residential, office and hospitality space are included in the plan.</description>
         <link>http://www.globest.com/news/1150_1150/phoenix/170477-1.html?st=rss</link>
         <guid>http://www.globest.com/news/1150_1150/phoenix/170477-1.html?st=rss</guid>
         <pubDate>Mon, 05 May 2008 04:05:36 CDT</pubDate>
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      <item>
         <title>Johnson, DAUM Partnering Again After 16 Years</title>
         <description>PHOENIX-Well-known veteran Carl Johnson closes the door on his 16-year-old company to rejoin DAUM Commercial. His son, Ben, and analyst are at his side.</description>
         <link>http://www.globest.com/news/1149_1149/phoenix/170423-1.html?st=rss</link>
         <guid>http://www.globest.com/news/1149_1149/phoenix/170423-1.html?st=rss</guid>
         <pubDate>Fri, 02 May 2008 04:05:33 CDT</pubDate>
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      <item>
         <title>Alter Group Banks $41M From 684,235-SF Trade</title>
         <description>PHOENIX-In a two-part deal finalized yesterday, Principal Financial Group has paid $41.1 million for two just-completed warehouses in Buckeye Logistics Center.</description>
         <link>http://www.globest.com/news/1148_1148/phoenix/170391-1.html?st=rss</link>
         <guid>http://www.globest.com/news/1148_1148/phoenix/170391-1.html?st=rss</guid>
         <pubDate>Thu, 01 May 2008 04:05:32 CDT</pubDate>
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      <item>
         <title>Cummins' 67,204-SF BTS Trades for $13M Plus </title>
         <description>AVONDALE, AZ-In an off-market deal, two private investors get a three-year-old flex office building, with Cummins Rocky Mountain's name on the long-term lease.</description>
         <link>http://www.globest.com/news/1147_1147/phoenix/170345-1.html?st=rss</link>
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         <pubDate>Wed, 30 Apr 2008 04:05:31 CDT</pubDate>
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         <title>Sub-10% Vacancy Stays Despite Absorption Slide</title>
         <description>PHOENIX-Q1 industrial reports show backslides from 59,140 sf to 234,576 sf. Single-digit vacancies persist, with the southwest submarket posting the most activity for the quarter.</description>
         <link>http://www.globest.com/news/1146_1146/phoenix/170316-1.html?st=rss</link>
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         <pubDate>Tue, 29 Apr 2008 04:05:30 CDT</pubDate>
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      <item>
         <title>Equus Converting Cendant HQ Into Hilton Hotel</title>
         <description>PHOENIX-Equus will put $15.5 million into the 121,000-sf office building to develop a 192-room Hilton Garden Inn. The work is ticketed for a fourth-quarter completion</description>
         <link>http://www.globest.com/news/1145_1145/phoenix/170270-1.html?st=rss</link>
         <guid>http://www.globest.com/news/1145_1145/phoenix/170270-1.html?st=rss</guid>
         <pubDate>Mon, 28 Apr 2008 04:05:29 CDT</pubDate>
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      <item>
         <title>Jacor Buys Seven Acres for 25,000-SF Project</title>
         <description>SURPRISE, AZ-Jacor Partners pays $3 million for the development site. The developer is planning four pad sites, 10,000 sf of retail and up to 14,000 sf of office space.</description>
         <link>http://www.globest.com/news/1144_1144/phoenix/170231-1.html?st=rss</link>
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         <pubDate>Fri, 25 Apr 2008 04:05:26 CDT</pubDate>
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      <item>
         <title>Chang&#146;s Cautious On Pei Wei Growth</title>
         <description>SCOTTSDALE, AZ-The company is slowing expansion as it refines the Pei Wei concept.</description>
         <link>http://www.globest.com/news/1143_1143/phoenix/170196-1.html?st=rss</link>
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         <pubDate>Thu, 24 Apr 2008 04:05:25 CDT</pubDate>
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      <item>
         <title>BTS Development Gaining Traction in Phoenix Area</title>
         <description>PHOENIX-LGE Design Build has 86 projects in various stages for end users. The latest groundbreaking is a 48,000-sf office building for an executive search firm.</description>
         <link>http://www.globest.com/news/1143_1143/phoenix/170193-1.html?st=rss</link>
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         <pubDate>Thu, 24 Apr 2008 04:05:25 CDT</pubDate>
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      <item>
         <title>Vestar Trips Green Light for Retail Pipeline </title>
         <description>PHOENIX-Vestar rolls out an eco-friendly program, GreenStar. The 900,000-sf Oro Valley Marketplace and one-million-sf Technology Marketplace are its poster children.</description>
         <link>http://www.globest.com/news/1142_1142/phoenix/170152-1.html?st=rss</link>
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         <pubDate>Wed, 23 Apr 2008 04:05:24 CDT</pubDate>
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      <item>
         <title>Universities Race to Add Freshman Housing Units</title>
         <description>TEMPE, AZ-Arizona State University and University of Arizona in Tucson may be rivals, but they share the same challenges in delivering more on-campus student housing.</description>
         <link>http://www.globest.com/news/1141_1141/phoenix/170115-1.html?st=rss</link>
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         <pubDate>Tue, 22 Apr 2008 04:05:23 CDT</pubDate>
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      <item>
         <title>215 Acres of Entitled Land Up for Grabs</title>
         <description>MESA, AZ-The acreage is near the 5,300-acre General Motors Proving Grounds. Entitlements allow up to 1.7 million sf of commercial space and 900 multifamily units.</description>
         <link>http://www.globest.com/news/1140_1140/phoenix/170070-1.html?st=rss</link>
         <guid>http://www.globest.com/news/1140_1140/phoenix/170070-1.html?st=rss</guid>
         <pubDate>Mon, 21 Apr 2008 04:05:22 CDT</pubDate>
      </item>

      <item>
         <title>$14M Pre-Emptive Offer Takes 39,144-SF Center</title>
         <description>MESA, AZ-Emerging Commercial Exchange II buys the 92%-leased Village at Las Sendas from a local owner for $13.9 million.</description>
         <link>http://www.globest.com/news/1139_1139/phoenix/170033-1.html?st=rss</link>
         <guid>http://www.globest.com/news/1139_1139/phoenix/170033-1.html?st=rss</guid>
         <pubDate>Fri, 18 Apr 2008 04:05:19 CDT</pubDate>
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      <item>
         <title>Tempe Seats Leasing Team for 40,000-SF Center</title>
         <description>TEMPE, AZ-Colliers International will lease office and retail space in the city's new transportation center, which opens in May. A LEED Platinum label is being sought.</description>
         <link>http://www.globest.com/news/1138_1138/phoenix/169999-1.html?st=rss</link>
         <guid>http://www.globest.com/news/1138_1138/phoenix/169999-1.html?st=rss</guid>
         <pubDate>Thu, 17 Apr 2008 04:05:18 CDT</pubDate>
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      <item>
         <title>Apache Boulevard Shows Revitalization Progress</title>
         <description>TEMPE, AZ-City leaders work to clean up streets and invest $40 million into the 2.25-mile corridor. The development magnet has been a soon-to-open light-rail line.</description>
         <link>http://www.globest.com/news/1137_1137/phoenix/169958-1.html?st=rss</link>
         <guid>http://www.globest.com/news/1137_1137/phoenix/169958-1.html?st=rss</guid>
         <pubDate>Wed, 16 Apr 2008 04:05:17 CDT</pubDate>
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