CoStar's People of Note (Feb. 24-March 2)

This week's People of Note includes the following markets: Dallas, Long Island, Los Angeles, National, New York City and Washington, DC. LOS ANGELES Seven-Member Office Team Joins Avison Young in Downtown L.A. By Randyl Drummer Avison Young's newly opened office in downtown Los Angeles has received a major infusion of talent, bringing aboard a seven-member office brokerage team. Ted Simpson, Jacob Bobek and Scott Steuber (picture



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/CoStars-People-of-Note-Feb-24-March-2/146179?ref=/News/Article/CoStars-People-of-Note-Feb-24-March-2/146179&src=rss

TIAA-CREF Snags Modern Warehouse

CARSON, CA-The speculative building is purchased from Trammell Crow in this weekly wrap-up of deals.

via Los Angeles http://www.globest.com/news/12_549/losangeles/industrial/TIAA-CREF-Snags-Modern-Warehouse-330532.html

The CoStar Watch List Newsletter for Feb. 28 - March 6

This Week’s Top Stories While Most CRE Benefits from Recovery, One Set of Distressed Office Loans Remains 20,000 Leagues Under the Sea Investors had hoped that vintage 2007 loans would resurface post-recession to benefit from higher property values just as repayment dates approached, allowing the borrowers to obtain loan extensions and refinances, a strategy among lenders that came to be known as ‘extend and pretend.’ Right now it seems all pretend...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/The-CoStar-Watch-List-Newsletter-for-Feb-28-March-6/146169?ref=/News/Article/The-CoStar-Watch-List-Newsletter-for-Feb-28-March-6/146169&src=rss

Largest CMBS Loans Backing Closed OfficeMax, Office Depot Locations

Information for these lead listings was provided by CoStar Group, Nomura Securities and Trepp LLC, an industry leader in providing surveillance data on loan and commercial real estate performance underlying the CMBS market. Tell Your Friends Tweet Sheet1

Hunter Hotel Sees West Deal Increase

LOS ANGELES-The company exclusively tells GlobeSt.com that thanks to projected healthy RevPAR growth in the high single digits in 2013, the number of hotel transactions here will increase.

via Los Angeles http://www.globest.com/news/12_549/losangeles/hotel/Hunter-Hotel-Sees-West-Deal-Increase-330463.html

Schlotzsky's Signs Franchise Agreement for 170 New Deli Locations

Schlotzsky's Deli signed the brand's largest franchise agreement in more than 40 years. The deals calls for 170 Schlotzsky's locations to open throughout California, including Los Angeles, Riverside, Ventura and San Bernardino counties. As part of a co-branding deal with Cinnabon and Carvel, the new locations will include counters offering treats from the two dessert brands. Tell Your Friends Tweet The franchise agreement follows a concerted...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Schlotzskys-Signs-Franchise-Agreement-for-170-New-Deli-Locations/146149?ref=/News/Article/Schlotzskys-Signs-Franchise-Agreement-for-170-New-Deli-Locations/146149&src=rss

Delta Mattress Takes 23,000 SF

Delta Mattress leased 22,912 square feet at 705 4th St. in Eureka, CA. The company signed a five-year deal and will occupy the building in June. Located at the corner of 4th Street (Hwy.101-South) and H Streets, the building has two stories with 12,915 square feet of retail space on the first floor and 10,000 square feet for office and storage on the second floor. Scott Pesch of Coldwell Banker Commercial Pacific Partners represented the landlord...



via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Delta-Mattress-Takes-23000-SF/145188?ref=/News/Article/Delta-Mattress-Takes-23000-SF/145188&src=rss