Market News

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CoStar's Deals of Note for Monday
1/4/2009 9:20 PM
BOSTON Children’s Hospital Buys Peabody Flex Bldg. for $46.5M by Annette Beale Children’s Hospital of Boston acquired Centennial Technology Center at 10 Centennial Drive in Peabody, MA, from Intercontinental Real Estate Corp. for $46.5 million,.....Read More
 
GREEN LEDE | Green Building News from CoStar
1/1/2009 6:03 AM
Welcome to Green Lede, a CoStar feature column by sustainability reporter Andrew Burr examining green building and its impact on commercial real estate, politics and the environment. Jan. 5, 2009 Big and Small, LEED Projects Shine in Florida Two.....Read More
 
Most Read Oklahoma City News Stories of 2008
12/30/2008 4:37 AM
Each week, CoStar's Research Analysts and News Team research the latest deals and report on major leases and building sales, new construction and deliveries, new hires and promotions, and changing trends in market conditions -- and publish them on our.....Read More
 
Banker's Bank Purchases OKC Office Bldg. for $5.8M
12/30/2008 1:37 AM
The Bankers Bank purchased the Saint Martins building in Oklahoma City from Mass Development for $5.77 million, or $96 per square foot. The 59,891-square-foot office building at 9020 N. May Ave. was built in 1990 and is 80 percent occupied by AT&T.....Read More
 
Averitt Express Buys Truck Terminal for $1.5M
12/17/2008 4:58 AM
Averitt Express acquired the truck terminal at 5919 S.E. 74th St in Oklahoma City from USF Reddaway for $1.5 million, or $63 per square foot. The 23,619-square-foot facility was constructed in 1994 in the Southeast Industrial submarket. Averitt Express.....Read More
 
Former GM Plant Sells for $54M in Oklahoma City
12/16/2008 11:52 PM
Oklahoma County purchased the former GM Assembly Plant in Oklahoma City from General Motors Corp. for $54 million. The 3.75 million-square-foot manufacturing facility at 7447 SE 74th St. consists of three buildings on 430 acres with the original building.....Read More
 
IN THE PIPELINE (Dec. 14-20): Not All MOB Projects Immune to Recession
12/16/2008 5:06 AM
This week, we report on a case that illustrates why health-care real estate isn’t a surefire vaccination against the dysfunctional economy. Penn State Medical Center pulled the plug for now on its planned children’s hospital in Hershey, PA. Other MOB.....Read More
 
CoStar's Retail News Roundup: Dec. 14 to Dec. 20, 2008
12/15/2008 3:35 AM
This week in the Retail Roundup, CoStar reports on expansions or new concepts at Kohl's, Forever 21, Aldi, Safeway, and Tops Markets; new retail developments in SC, GA and TN; acquisition, merger, loan or sale activity at General Growth and Macerich;.....Read More
 
City Place Sells for $4M
12/10/2008 12:39 AM
Oklahoma City real estate investors Mark Beffort of Grubb & Ellis/Levy Beffort and Roy Oliver acquired the 33-story City Place building in Oklahoma City from Globe Life & Accident Insurance Co. for $4 million, or $14 per square foot. The sale was a partial.....Read More
 
Propak Logistics Leases 69,752 SF
12/10/2008 12:31 AM
Propak Logistics signed a 5-year industrial lease to occupy 69,752 square feet at 311 N.W. 122nd St. in Oklahoma City. The two-story, 186,512-square-foot facility was constructed in 1983 and renovated in 2002. It sits on 9.4 acres in the North Industrial.....Read More




Goodness is the only investment that never fails.

         Henry David Thoreau


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