Frederick's of Hollywood Outsources, Consolidates Last week, Frederick's of Hollywood unveiled its new plan to achieve $2 million in annual savings by outsourcing the last of its manufacturing processes and consolidating its distribution operations. View article... One Lexington condos … [Read more...] about Daily News for Commercial Real Estate & Business – August 25, 2010
Health, education companies take 1.3M square feet in Glendale in fiscal 2009-10 Glendale has filled 1.3 million square feet of office space with health and education companies within the past fiscal year, bringing 1,042 new jobs to the city. View article... Brentwood West pays $2M for North … [Read more...] about Daily News for Commercial Real Estate & Business – August 24, 2010
I am still surprised that some landlords are in denial about what is happening out there. A recent case in point, I was working with a client on a tenant renewal. The tenant is a national company with a great balance sheet (which is hard to find nowadays). They came back with an aggressive lease … [Read more...] about Landlords – Are you listening?
Zen 32 sushi restaurant closing in Phoenix Valley sushi restaurant Zen 32 is closing its doors. Operators cite a number of reasons for the closing, including the costs associated with a desired remodel. View article... San Diego-based Triglid sells off Bethany Group Phoenix Multifamily … [Read more...] about Daily News for Commercial Real Estate & Business – August 23, 2010
Cole Drops $30M for Home Depot Distribution Facility Cole Real Estate Investments has acquired The Home Depot's distribution center here for $30.4 million. The non-traded REIT purchased the 466,694 square-foot warehouse/distribution facility in an all-cash transaction from USAA Real Estate Co. … [Read more...] about Daily News for Commercial Real Estate & Business – August 20, 2010
To view this weeks "The Watchlist" by Costar, click here. Surprise Walgreens Sells for $3.2M Investors Associated LLP, a Wisconsin investor, purchased the Walgreens at 15490 W. Bell Rd in Surprise, AZ, for $3.16 million, or $227 per square foot. View article... Onni Acquires Phoenix Apt. … [Read more...] about Daily News for Commercial Real Estate & Business – August 19, 2010