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October 30, 2014
 CoStar's People of Note (Oct. 26 - Nov. 1)
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: Inland Empire, Minneapolis, San Diego, Chicago, Los Angeles, Atlanta, South Florida, Cincinnati, Charlotte, and Western Michigan. INLAND EMPIRE Wetherholt Named FVP at Marcus & Millichap By Justin Sumner Marcus & Mi
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October 27, 2014
 Market Trend: East Bay/Oakland's Industrial Vacancy Decreases to 7.4%
The East Bay/Oakland Industrial market ended the third quarter 2014 with a vacancy rate of 7.4%. The vacancy rate was down over the previous quarter, with net absorption totaling positive 1,591,169 square feet in the third quarter. That compares to positive 222,326 square feet in the second quarter 2014. Vacant sublease space decreased in the quarter, ending the quarter at 753,962 square feet. Tenants moving into large blocks of space in 2014...
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October 26, 2014
 Joint Venture Buys Summit at Hilltop
A joint venture between Intercontinental Real Estate Corp. and TruAmerica Multifamily purchased Summit at Hilltop, a 241-unit apartment complex at 3600 Sierra Ridge in Richmond, CA for $38.8 million, or about $160,000 per unit. Summit at Hilltop was constructed in 1990 and consists of 145 one-bedroom units and 96 two-bedroom units - 96 of the total units are affordable units. TruAmerica has announced plans to enhance the common area amenities...
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October 26, 2014
 Livermore Industrial Building Changes Hands
The 31,956-square-foot industrial building at 6485 Brisa St. in Livermore, CA sold for $3 million, or about $95 per square foot. The building was completed in 1996 and features three loading docks, one grade-level door and a 24' clear height. The buyer is an owner/user. Brett Holden and Sean Offers of Lee & Associates represented the seller, Sunlight Supply, Inc. Eddie Shuai of JLL represented the buyer, a private individual. For more information...
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October 21, 2014
 Market Trend: East Bay/Oakland's Office Vacancy Increases to 10.9%
The East Bay/Oakland Office market ended the third quarter 2014 with a vacancy rate of 10.9%. The vacancy rate was up over the previous quarter, with net absorption totaling negative (127,177) square feet in the third quarter. That compares to negative (42,593) square feet in the second quarter 2014. Vacant sublease space increased in the quarter, ending the quarter at 450,299 square feet. Tenants moving into large blocks of space in 2014...
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