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Commercial Real Estate News

In this section we've added RSS feeds from GlobeSt.com, CREOnline.com and the Wall Street Journal.  Click on a headline for a full story, then hit your back arrow for more headlines.

    
GlobeSt.com Headlines

SUITLAND, MD-The company is investing another $2.5 million in the 283-unit property for renovations. 

CAMBRIDGE, MA-The global computer and technology company will take six floors here starting in summer of 2010.

BUENA PARK, CA-The city council here grants approval for a 70-unit apartment complex to be developed by affordable housing specialist Jamboree Housing Corp.

LOS ANGELES-Two new projects, one just opening and one getting under way, span the spectrum from affordable housing for the homeless to luxury units renting for $2,200 to $3,400.

EAST ORANGE, NJ-The locally based sales include a $13.4-million note sale, which encompasses 320 units.

      
CPNOnline.com Headlines
      
Wall Street Journal CRE Headlines
The region near New York City is one of the nation's toughest markets to development properties. AvalonBay is undeterred.
Japanese no-frills hotel operator Toyoko Inn is planning to expand into the U.S. market with a 640-room tower in the New York City borough of Queens, where it plans to offer tiny rooms for rates that are among the lowest in the city.
With Europe's financial sector showing signs of stabilizing, developers have begun to dust off plans. A development boom, however, isn't likely anytime soon.
Vornado Realty Trust is opting to forfeit a 2 million-square-foot furniture mart in High Point, N.C., to holders of its $191 million securitized mortgage.
Boston Properties' second-quarter earnings fell, as did a key measure of profitability for the office-property owner, but both beat the company's guidance.
      
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