CoStar's Deals of Note for TuesdayCHICAGO
UBS Renews, Consolidates in Chicago
By Andrew Deichler
UBS is extending its stay at One North Wacker Drive in Chicago, also known as the UBS Tower. The Swiss financial services firm has renewed for 400,000 square feet in the office tower...
In The Pipeline: CoStar Development and Construction News for March 7-13In this week's edition of In The Pipeline, Forest City's Atlantic Yards mixed-use project is scheduled to finally break ground this week. Meanwhile, another long delayed development project, the Guasti Historic District in Ontario, CA,has begun with...
CoStar's Retail News Roundup: Mar. 7 - 13, 2010This week in the Retail Roundup, CoStar reports on expansions or new concepts at TJX Companies and Kohl's; closings, cutbacks, bankruptcy, default, receivership or foreclosure news at Swoozie's and the Northgate Mall; acquisition, merger, loan, sale...
CBRE Names CFO; Turns Over Reins of Private Client GroupGil Borok was promoted to chief financial officer of CB Richard Ellis Group Inc. He takes over from Bob Sulentic who will continue as CBRE’s president running day-to-day operations and principal business activities worldwide. Both will report to CEO Brett...
CoStar's People of Note (Feb. 28-March 6)This week's People of Note includes the following markets: Atlanta, Boston, Chicago, Dallas/Fort Worth, Houston, Los Angeles, National, Northern New Jersey, Phoenix, St. Louis and Tampa/St. Petersburg.
NATIONAL
CBRE Names CFO; Turns Over Reins of...
Younan Properties Taps Peddicord as COOYounan Properties created a new chief operating officer position and named Robert C. Peddicord to the post. With more than two decades of leadership experience, Peddicord will provide direction for the property operations, leasing, construction and development...
Hunt To Oversee Grubb's New SoCal RegionGrubb & Ellis Co. tapped Chuck Hunt to head the firm’s newly created Southern California region. Hunt, who has overseen the Los Angeles area as executive managing director for nearly two years, will now manage the Ontario, Anaheim and Newport Beach offices...
Lease Up/Lease Down (Feb. 28 - Mar. 6): Hummer: Stalling Out for Good?CoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial...
Lease Up/Lease Down (Feb. 21-27): Largest U.S. Office Lease in Two YearsCoStar compiles news of corporate expansions, relocations, extensions, closures, layoffs, lease cancellations and mergers in the weekly Lease Up/Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial...
Kennedy Wilson Completes Largest Buy in its History - A Loan PortfolioInternational real estate investment and services investment firm Kennedy Wilson has acquired a $342 million loan portfolio from a large regional bank.
The loan portfolio is composed of residential, hotel, retail, office, land, multifamily and other...
"I believe in commercial multifamily properties, especially in Los Angeles, because they are low risk investments where investors can add value in spite of negative market conditions. This belief has led me to a career in commercial real estate sales, and over the years, I have developed a brokerage philosophy which has brought me much success and more importantly, happy clientele. The philosophy is simple: The best service I can provide is egoless representation of client's needs while aggregating the necessary knowledge to empower my clients in skillfully negotiating the constantly changing real estate climate."
- Peter Ciriello
