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      <title>GlobeSt. Topics - Phoenix</title>
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      <copyright>Copyright 2009 GlobeSt. Topics All Rights Reserved.</copyright>
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      <pubDate>Fri, 06 Nov 2009 09:36:56 CST</pubDate>
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         <title><![CDATA[Olympus Buys Again, Acquires in PHX]]></title>
         <description><![CDATA[PHOENIX-With its first area buy, the investment company snags the 316-unit Crossroads Apartments from AIMCO for just under $10 million.]]></description>
         <link>http://www.globest.com/news/1532_1532/phoenix/182036-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[192,000 SF Signed in CBD Office]]></title>
         <description><![CDATA[PHOENIX-A lease renewal totaling 187,748 sf joins two new leases totaling more than 4,000 square feet at One Arizona Center.]]></description>
         <link>http://www.globest.com/news/1531_1531/phoenix/182010-1.html?st=rss</link>
      </item>

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         <title><![CDATA[$24M Gains West Living Entrance]]></title>
         <description><![CDATA[SCOTTSDALE, AZ-The SoCal buyer acquires the 197-unit McDowell Village from Opus/RED Group in its first area deal and wants more.]]></description>
         <link>http://www.globest.com/news/1530_1530/phoenix/181981-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[U of Phoenix Returns to Tempe One]]></title>
         <description><![CDATA[TEMPE, AZ-The institution leases 111,349 square feet of back office space less than two years after leaving the building.  ]]></description>
         <link>http://www.globest.com/news/1529_1529/phoenix/181954-1.html?st=rss</link>
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         <title><![CDATA[San Melia Trades Off Market for $48M]]></title>
         <description><![CDATA[PHOENIX-TIAA-CREF sells the 448-unit complex to Investment Property Associates, representing the final sale from a two-asset portfolio.]]></description>
         <link>http://www.globest.com/news/1529_1529/phoenix/181953-1.html?st=rss</link>
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         <title><![CDATA[Axxiom Takes Over Sperry Operations]]></title>
         <description><![CDATA[PHOENIX-Axxiom Partners, led by Neil Sherman, is merging teams with Sperry Van Ness to help bolster the latter's operations and personnel.]]></description>
         <link>http://www.globest.com/news/1526_1526/phoenix/181899-1.html?st=rss</link>
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         <title><![CDATA[Colliers Expands MF Effort With Hires]]></title>
         <description><![CDATA[PHOENIX-Bill Hahn, formerly with Sperry Van Ness, brings his team on board to help the company bolster its multifamily services.]]></description>
         <link>http://www.globest.com/news/1523_1523/phoenix/181792-1.html?st=rss</link>
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      <item>
         <title><![CDATA[Chang&#146;s to Ramp Up Pei Wei Growth]]></title>
         <description><![CDATA[SCOTTSDALE, AZ-Expansion of the smaller, fast-casual concept will accelerate in 2011 in existing markets and Chicago, a new area for the chain.]]></description>
         <link>http://www.globest.com/news/1522_1522/phoenix/181765-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Double-Digit Vacancies Continue in Q3]]></title>
         <description><![CDATA[PHOENIX-The industrial market keeps taking its lumps with vacancy between 15% and 17% up from around 11% to 12% same time last year.]]></description>
         <link>http://www.globest.com/news/1520_1520/phoenix/181698-1.html?st=rss</link>
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      <item>
         <title><![CDATA[EBS &amp; Associates Acquired]]></title>
         <description><![CDATA[SCOTTSDALE, AZ-The investment brokerage firm has been bought by Commercial Properties Inc./CORFAC, which is headquartered in Tempe, AZ.]]></description>
         <link>http://www.globest.com/news/1520_1520/phoenix/181699-1.html?st=rss</link>
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      <item>
         <title><![CDATA[Cambria Enters Area with 137 Rooms]]></title>
         <description><![CDATA[CHANDLER, AZ-HP Properties and Suenos Hospitality have targeted other sites throughout the Valley for expansion of the Cambria brand]]></description>
         <link>http://www.globest.com/news/1517_1517/phoenix/181622-1.html?st=rss</link>
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      <item>
         <title><![CDATA[Experts Say Bottom Has Been Reached]]></title>
         <description><![CDATA[PHOENIX-Q3 office statistics deliver more dismal news with vacancies between 22% and 24% and more space under construction, there's no where to go but up.]]></description>
         <link>http://www.globest.com/news/1515_1515/phoenix/181568-1.html?st=rss</link>
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         <title><![CDATA[Two Retailers Expand in Phoenix]]></title>
         <description><![CDATA[PHOENIX-The Dump takes 104,000 square feet once belonging to Costco, and Mattress Firm plans to open six to eight stores within the next 18 months.]]></description>
         <link>http://www.globest.com/news/1514_1514/phoenix/181540-1.html?st=rss</link>
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      <item>
         <title><![CDATA[Report to Solar: Consider AZ]]></title>
         <description><![CDATA[PHOENIX-Collier International's 'Solar Energy Network-Partners for Change' discusses the future of solar power in the Grand Canyon State.]]></description>
         <link>http://www.globest.com/news/1510_1510/phoenix/181423-1.html?st=rss</link>
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         <title><![CDATA[Macerich Teams With Heitman on Two Assets]]></title>
         <description><![CDATA[CHANDLER, AZ-Heitman pays $167 million for a stake in the 1.3-million-square-foot Chandler Fashion Center and the 1.6-million-square-foot Freehold Raceway Mall in New Jersey.]]></description>
         <link>http://www.globest.com/news/1508_1508/phoenix/181363-1.html?st=rss</link>
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         <title><![CDATA[$9M Awarded For Terminal Expansion]]></title>
         <description><![CDATA[MESA, AZ-Phoenix-Mesa Gateway Airport will expand its passenger terminal by 25,000 square feet. Experts, meanwhile, note future area developments could lead to a permanent terminal.]]></description>
         <link>http://www.globest.com/news/1506_1506/phoenix/181305-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Former Opus West Prez Lands at Cole]]></title>
         <description><![CDATA[PHOENIX-Thomas W. Roberts joins Cole Real Estate Investments as president of its real estate group.]]></description>
         <link>http://www.globest.com/news/1505_1505/phoenix/181283-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[State Finds Interest Strong for Sale-Leaseback]]></title>
         <description><![CDATA[PHOENIX-The state of Arizona wants to sell and then lease back a 205,901-square-foot building here to fill its budget deficit.]]></description>
         <link>http://www.globest.com/news/1504_1504/phoenix/181247-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Hoteliers: Not Much Happens Without Capital]]></title>
         <description><![CDATA[PHOENIX-The lodging industry remains at a standstill until the financing markets unlock.]]></description>
         <link>http://www.globest.com/news/1503_1503/phoenix/181236-1.html?st=rss</link>
      </item>

      <item>
         <title><![CDATA[Macerich Refinances Biltmore Fashion Park]]></title>
         <description><![CDATA[PHOENIX-The 548,000-square-foot mall is the retail heart of the Arizona Biltmore Estates neighborhood. ]]></description>
         <link>http://www.globest.com/news/1501_1501/phoenix/181169-1.html?st=rss</link>
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