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| 08/29/2010 07:32 PM | CoStar's Deals of Note (Aug. 29 - Sept. 4) NEW YORK Boston Properties to Acquire 510 Madison By Andrew Deichler Boston Properties said last week that it is acquiring 510 Madison Ave. from oft-troubled New York developer Harry Macklowe. The REIT has agreed to a purchase price equal to... |
| 09/01/2010 11:02 PM | Tyco Thermal Controls Buys Redwood City Industrial Tyco Thermal Controls Inc., a long-term tenant of close to 30 years, exercised its option to purchase 947 Douglas Ave. in Redwood City, CA, from Raj Chabra for $2.6 million in cash, or about $228 per square foot, after a 14-month escrow period. The... |
| 09/01/2010 08:12 PM | Bank Watch: Regulator Says Bankers, Not Bricks, Main Reason Behind Most Bank Failures Don't blame the current wave of bank failures on commercial real estate; much of the blame belongs to bad bankers. While it is clear that commercial real estate and construction and land development loans have figured in most every bank failure in... |
| 08/31/2010 07:23 PM | Deloitte Leases 166,435 SF in San Francisco Deloitte finalized its 15-year, 166,435-square-foot lease with Tishman Speyer at 555 Mission St. in San Francisco. The major international accounting and consulting firm will occupy nine full floors (four through seven and 10-15) with a move in date scheduled... |
| 08/31/2010 01:59 AM | Habitat for Humanity Acquires Daly City Land Habitat for Humanity of the Greater San Francisco Area purchased 0.71-acre land parcel at 7555 Mission St. in Daly City, CA, from Daly City Redevelopment Agency for $3.03 million, or about $4.27 million per acre. The buyer broke ground on a 36-unit... |