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National Commercial Real Estate News From CoStar Group
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CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.
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Cross Road Centers Leases 600,000 SF from Duke Realty
Duke Realty Corp. leased 600,676 square feet to Cross Road Centers, a Louisiana-based third-party logistics provider, at 2209-2233 Stafford Road, Building 3 in the Plainfield Business Park in Plainfield, IN.
Plainfield Building 3 is part of Duke?s...
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CoStar's Retail News Roundup: Aug. 17 to 23, 2008
This week in the Retail Roundup, CoStar reports on expansions or new concepts at True Religion and Zara; new retail developments in IA, CA and TN; acquisition, merger, loan or sale activity at CVS and Longs Drugs, Ramco Gershenson and Heitman, Macaroni...
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CVS Caremark Acquiring Longs Drug Stores in $2.9B Deal
CVS Caremark Corp. (NYSE: CVS) is in the process of acquiring Longs Drug Stores Corp. (NYSE: LDG) for $71.50 per share in cash, or a total price of $2.9 billion, which includes the assumption of Long's net debt. Through this acquisition, CVS will acquire...
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Ardizzone Takes Indy Apt. Portfolio for $81M
Apartment renovation services company Ardizzone Enterprises acquired five multifamily properties in Indianapolis from AIMCO, a Denver-based apartment REIT, for $80.75 million, or about $42,840 per unit, according to a filing with the SEC.
The five...
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IN THE PIPELINE (Aug. 17-23): Data Center Boom Benefits Developers
Editor?s Note: With all the unsettling economic headlines, it's important to also hear about what's going right in today's commercial real estate market. CoStar Group has launched a new column on significant land sales, transactions and trends affecting...
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