Tuesday, November 13, 2012

HQ News: DSW Buys the Owner of its Headquarters




National Commercial Real Estate News From CoStar Group





HQ News: DSW Buys the Owner of its Headquarters



DSW Inc., a leading branded footwear and accessories retailer, acquired 810 AC LLC, which owns DSW’s corporate headquarters at 810 DSW Drive (3980 - 4020 E 5th Ave.), as well as its 700,000-square-foot distribution center and trailer lot on its home office campus in Columbus, OH. DSW paid $72 million in cash.

“Today’s acquisition reflects our continued commitment to growing DSW in the future by opening stores, expanding our DSW.com business and...









In The Pipeline: CoStar Development & Construction News for Nov. 11 - 17



In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail.
Carlton Arranges $400M Loan for Development of Tallest U.S. Residential...









Hines Tapped By North Carolina For $200M Gateway Station



The North Carolina Department of Transportation (NCDOT) has selected Hines as master developer for the Gateway Station complex in Charlotte’s Uptown District.

Gateway Station, a multi-modal transit center, will anchor transit-oriented and mixed-use development on 20 acres in uptown Charlotte. The landmark project will serve as a central hub for Amtrak, Greyhound bus service, CATS bus and streetcar service, regional commuter rail and Mecklenburg...









Major CRE Firms Say 3Q Deal Slowdown Reflects Client Caution



The largest publicly traded CRE firms reported leasing and sales activity slowed noticeably in the U.S. during the third quarter as businesses wait on the sidelines for clarity from next week’s election and ensuing efforts to resolve nation’s fiscal debt and tax issues before making major property decisions.

Also in third-quarter earnings calls this week, CEOs of the two largest publicly traded CRE companies said the ongoing debt crisis in Europe...






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