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July 29, 2016
 CoStar's People of Note (July 29)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Dallas / Ft. Worth, Washington DC, Minneapolis / St. Paul, Charlotte, South Florida, Boston, Phoenix / Tucson, Toronto, Chicago and more! DALLAS / FORT WORTH Spirit Realty Capital Names Hsieh President and COO By Bryce Meyers Read More >  
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July 27, 2016
 U.S. Office Sector Enjoys Steady Q2 Leasing Momentum Even as Rent Growth Slows, Sales Stall
The U.S. office market continued its steady momentum in the second quarter, recording 39.4 million square feet of net absorption in the first six months of 2016, nearly equaling the 40.2 million square feet absorbed during the record-setting first half of last year. The U.S. office vacancy rate ticked down another 15 basis points to 10.6% in the second quarter of 2016, well below the long-term historical vacancy rate of 11.3%. CoStar analysts...
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July 26, 2016
 Catellus Sells Recently Completed Alameda Landing
AFL-CIO Building Investment Trust struck a deal with center developer Catellus Development Corp. to acquire the recently completed Alameda Landing at 2600-2700 Fifth St. in Alameda, CA. Terms of the deal were not disclosed. Catellus delivered the 165,777-square-foot shopping center last February on nearly 80 acres on Alameda Island just north of the College of Alameda and adjacent to the Webster Street Tube. The center is currently 86% leased...
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July 25, 2016
 Mosser Cos. Boosts Multifamily Portfolio in Oakland
San Francisco-based real estate development and investment company Mosser Cos. expanded its East Bay holdings with the purchase of the 38-unit Northgate Manor Apts. at 542 25th St. in Oakland, CA, along with a 4,200-square-foot residential lot, for $7.95 million. The 26,282-square-foot apartment community consists of eight studios, 29 one-bedrooms and one two-bedroom unit. The property had high vacancy of about 80% at closing. Trent Moore of...
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July 19, 2016
 RedMill Capital Secures $38.6 Million in Financing for 120,000-SF Retail Development in Livermore
RedMill Capital will break ground this fall on a new 120,000-square-foot retail development in Livermore, CA after the Summit, NJ-based developer secured $38.6 million in financing for the construction of The Shoppes at Livermore. The new project is set to be constructed on a 13-acre site at the El Charro Rd. and W. Jack London Blvd. intersection next to the San Francisco Premium Outlets, a location RedMill Capital Development Director Jon Stocker...
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July 17, 2016
 Chinese Tech Company LeEco Acquires Site for Future 3 Million-SF World HQ in Silicon Valley
LeEco has committed to relocate its operations to the U.S. after the Beijing, China-based internet technology company purchased 48.6 acres within the Marriot Business Park in Santa Clara, CA where it plans develop a three million-square-foot world headquarters campus. LeEco, which entered Northern California late last year with an 80,000-square-foot lease signed in San Jose, will partner with an as-of-yet-named U.S. developer to construct the...
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