Commercial Real Estate, Raleigh, Cary, Morrisville, Apex, Wake Forest, Wake County, RTP

Property Finance (June 28 - July 4): BofA Tower Receives $1.3 Billion Loan

7/1/2009 4:47 AM

In this week's issue: Bank of America and Durst secure a $1.3 billion loan Plus we give you new property finance deals and a valuable leads list of lenders on recent office building acquisitions BofA Tower Receives $1.3 Billion Loan - from BofA Bank.....Read More

The Green Building Review: Do You Take LEED With Your Coffee?

6/30/2009 3:30 AM

Its new-store pipeline has been scaled back, but Starbucks is moving ahead with firmer environmental measures at the stores it still plans to open. Over the next few years, the Seattle-based coffee company said it would strive for LEED certification at.....Read More

Expansions, Relocations & Extensions (June 28 - July 4): GE to Energize Michigan's Economy

6/29/2009 9:53 PM

In this week's issue: GE plans a $100 million R&D facility in Michigan VWR International moves its global HQ SonicWALL relocates to San Jose FFR-DSI takes 257,000 square feet near Columbus, OH R&M Trucking signs a huge deal at O'Hare East Business.....Read More

IN THE PIPELINE: CoStar Development News for June 28-July 4

6/30/2009 7:38 AM

This week’s edition includes an update on construction of what may be the nation’s largest data center project when it opens next year; Tesla has received $465 million in federal loans for production of electric cars, probably at one or more sites.....Read More

Capstone Buys University Aparments in Durham

6/28/2009 11:59 PM

Capstone Development Corp. acquired the 114-unit University Apartments in Durham, NC, from Benton Investment Co. for $3.35 million, or about $29,400 per unit. The property was constructed in 1936 at 1502 Duke University Road, adjacent to the university.....Read More

Lease Cancellations (June 21-27): GM Cancelling 41 Corporate Leases

6/24/2009 9:03 PM

General Motors has presented its request to cancel 41 leases across the country to the U.S. Bankruptcy Court. Among the leases asked to be cancelled is the automaker's 120,000-square-foot lease with Boston Properties at 153 E. 53rd St. in New York City.....Read More

North Carolina Court of Appeals Renews Lease

6/24/2009 1:44 AM

The North Carolina Court of Appeals renewed its lease for 34,449 square feet in the Wachovia Bank Building at 227 Fayetteville St. in Raleigh, NC. The nine-story mixed-use building is 113,628 square feet and was constructed in 1964. It features 39.....Read More

IN THE PIPELINE: CoStar Development News for June 21-27

6/23/2009 6:27 AM

In this week's edition, St. John Properties will take over development of a 413-acre project at Aberdeen Proving Grounds, MD from embattled developer Opus East; officials say roll ’em to a $500 million film and television studio in Plymouth, MA. In Central.....Read More

CoStar's Retail News Roundup: Jun. 21 to 27, 2009

6/22/2009 2:41 AM

This week in the Retail Roundup, CoStar reports on expansions or new concepts at Aeropostale, Perry Ellis and Cubavera, and H-E-B; new retail development news in NV and NC; acquisition, merger, loan or sale activity at Jimmy Jazz and Man Alive, Filene.....Read More

Expansions, Relocations & Extensions (June 21-27): Three Major Deals Near DC, Plus One Slam Dunk in New York

6/22/2009 2:21 AM

In this week's issue: The NBA scores a major renewal in New York Arlington County saves millions by relocating its DHS programs Deloitte and CEB agree to a 171,000-square-foot sublease The FDA renews in Rockville, MD Trek Bicycle reaches the finish.....Read More