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9/4/2010 Tellabs Expands Lease, Relocates

SANTA CLARA, CA-Tellabs is relocating to a 322,726-square-foot class A office and R&D property in this week’s wrap-up of deals.

9/4/2010 Beech Street Refis Jackson Heights MF

NEW YORK CITY-A Fannie Mae DUS loan for $13 million provides permanent financing for Alpine Gardens Apartments, highlighting this week’s wrap-up of deals.

9/4/2010 Heliae Leases Space at 202 Business Park in Gilbert

GILBERT, AZ-Heliae Development LLC has inked a lease for 60 months with Mountain West Industrial Properties for 15,070 square feet of space at the 202 Business Park on 614 E. Germann Road in Gilbert.

9/4/2010 Two Trees Acquires 50 West 23rd Street Building

NEW YORK CITY-Two Trees Management, a family-owned real estate firm, has signed a contract to acquire a 340,000 square-foot office building at 50 West 23rd Street, Manhattan, from Moinian Group for $129.5 million.

9/4/2010 Heartland Home Care Sets Up New Office in Mayfair Crossing

MILWAUKEE-Heartland Home Care, Hospice & I.V. Care, a nationwide health care firm based in Toledo, OH, is planning to set up its new office in Wauwatosa.

9/4/2010 Urban Outfitters in Negotiations to Lease 742 S.Cooper Site

MEMPHIS-Urban Outfitters Inc, a Philadelphia-based apparel retail chain, is in talks to lease a former antique mall building measuring 13,816 square feet at 742 S.Cooper to house one of its name-brand stores.

9/4/2010 Plaza Advisors Announces Sale of West Bird Plaza in Miami

MIAMI-Plaza Advisors has announced the sale of West Bird Plaza located at the crossway of Bird Road and SW 117th Avenue in Miami.

9/4/2010 Harkins Completes Seven Orlando Medical Office Deals

ORLANDO-Harkins Commercial Inc., the leasing and brokerage division of Harkins Companies, has negotiated seven medical office deals worth $2.5 million across the Orlando area during August 2010.

9/4/2010 Broward Automotive Leases 31,000 SF in Lighthouse Point

FORT LAUDERDALE, FL-Audi Coral Springs has signed a multi-year lease agreement with Lighthouse Point Auto Investors I, LLC, for a 31,781 square-foot property located in Lighthouse Point at 4250 North Federal Highway.

9/4/2010 Prices of CRE Loans Increase in July

BOSTON-The cumulative value of commercial real estate loan prices has shown an increase of 79.4% at the end of July 2010 as compared to 77.4% by end of June 2010.

9/4/2010 Dollar Tree Signs 10 Leases in Southeast Florida

FORT LAUDERDALE, FL-Dollar Tree Stores, a Chesapeake-based operator of discount variety stores, has inked 10 leases in the Southeast Florida marketplace with total area measuring 99,000 square feet.

9/4/2010 Apartment Investor Acquires Two More Collin Apartments

DALLAS-Mid-America Apartment Communities Inc., a Memphis-based apartment investor, has purchased two more Collin County apartment complexes.

9/4/2010 Home Sales Increase in July, But Demand Remains Weak

DETROIT-On Thursday, the National Association of Realtors announced that its seasonally adjusted sales index increased 5.2% in July from that in the previous month to reach 79.4.

9/4/2010 Henning Estates Starts Construction on Third Farmhouse

CHICAGO-Rock Creek Development has started the construction of its third ranch house named the Brunswick in Henning Estates.

9/4/2010 Heritage of Palatine's Eco Condos Ready for Purchase

CHICAGO-The environment-friendly Colfax model is up for sale at The Heritage of Palatine's builder's closeout.

9/4/2010 Merit Homes Lowers Libertyville Homes Price by $100,000

CHICAGO-Merit Homes has reduced the price of its Libertyville homes by an average $100,000.

9/4/2010 FHA to Reduce Upfront Costs on Reverse Mortgages

CHICAGO-According to the National Reverse Mortgage Lenders Association, the Federal Housing Administration (FHA) is planning to reduce the upfront mortgage insurance premium for borrowers of reverse mortgages.

9/4/2010 Mortgage Rates Fall Again for the 10th Time

CHICAGO-Investors are much worried about the feeble economy as mortgage rates decreased to the lowest level for the 10th time in 11 consecutive weeks.

9/4/2010 Metropole Seeks Tenants for Former Fortunoff Building

NEW YORK CITY-Despite completing massive renovations to the Fortunoff building, the 18-story building on 681 Fifth Ave., still stands empty.

9/4/2010 Jacobson Leases Warehouse Building in Shorewood

JOLIET, IL-Jacobson Cos., a logistics firm, has leased half of a one-million-square-foot warehouse space near Joliet from ING Clarion Partners.





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