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	<title>Stock Blog Hub &#187; CB Richard Ellis Group</title>
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		<title>(CBG) CB Richard Ellis Announces Offer of $350 Million in Senior Notes</title>
		<link>http://www.stockbloghub.com/2010/10/07/cbg-cb-richard-ellis-announces-offer-of-350-million-in-senior-notes/54239</link>
		<comments>http://www.stockbloghub.com/2010/10/07/cbg-cb-richard-ellis-announces-offer-of-350-million-in-senior-notes/54239#comments</comments>
		<pubDate>Thu, 07 Oct 2010 23:29:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property Management]]></category>
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		<category><![CDATA[Bank of America Corporation]]></category>
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		<category><![CDATA[CB Richard Ellis Group]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54239</guid>
		<description><![CDATA[CB Richard Ellis Group Inc. (CBG), the world’s largest commercial real estate services firm (on the basis of 2009 revenues), has recently announced an offer to sell 6.63% senior notes due 2020 worth $350 million. BofA Merrill Lynch, the investment banking and wealth management division of Bank of America Corporation (BAC); Credit Suisse Group (CS); HSBC Holdings plc (HBC); and Barclays plc (BCS) are acting as joint book-running managers for the offering. CB Richard Ellis expects to generate net proceeds of $342.3 million from the debt offer. The company intends to utilize the proceeds to repay a part of the total outstanding debt under its unsecured revolving credit facility. As of September 30, 2010, CB Richard Ellis had total outstanding debt of $1.5 billion under its existing credit agreement. The ]]></description>
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		<title>(WYN) Greece, Not the Calendar, Caused Thursday&#8217;s Drop</title>
		<link>http://www.stockbloghub.com/2010/05/07/wyn-greece-not-the-calendar-caused-thursdays-drop/36507</link>
		<comments>http://www.stockbloghub.com/2010/05/07/wyn-greece-not-the-calendar-caused-thursdays-drop/36507#comments</comments>
		<pubDate>Fri, 07 May 2010 16:23:24 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=36507</guid>
		<description><![CDATA[May 6, 2010 I wrote this on Wednesday evening, prior to today’s (Thursday&#8217;s) large market drop. The primary point I make in the commentary below—that you should not sell simply because it is May—is still valid. Today’s drop has nothing to do with the calendar. Why are traders suddenly very fearful of the problems in Greece, when they weren’t last week or last month? My guess is that this market activity has more to do with momentum trading, in this case to the downside, than anything else. Your best defense is to stay diversified and have an allocation strategy that is appropriate for your age and financial situation. For more information, visit the Asset Allocation (http://www.aaii.com/assetallocation/) section of AAII.com. &#8220;Sell in May and go away&#8221; is an old adage among ]]></description>
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		<title>(DRE) Duke Realty Sells Assets to Joint Venture</title>
		<link>http://www.stockbloghub.com/2010/04/18/dre-duke-realty-sells-assets-to-joint-venture/34132</link>
		<comments>http://www.stockbloghub.com/2010/04/18/dre-duke-realty-sells-assets-to-joint-venture/34132#comments</comments>
		<pubDate>Mon, 19 Apr 2010 01:44:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Diversified]]></category>
		<category><![CDATA[CB Richard Ellis Group]]></category>
		<category><![CDATA[CBG]]></category>
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		<category><![CDATA[Duke Realty Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34132</guid>
		<description><![CDATA[Duke Realty Corp. (DRE), a real estate investment trust (REIT) engaged in owning, managing and developing industrial, health care and office properties across the U.S., recently sold three office buildings in Perimeter Park in Morrisville, North Carolina. The assets were sold to a joint venture formed between Duke Realty and CB Richard Ellis Realty Trust for an undisclosed amount. CB Richard Ellis Realty Trust is a REIT that primarily invests in office, retail, industrial and multi-family residential properties across the U.S. It is sponsored by CB Richard Ellis Investors LLC, an indirect wholly-owned subsidiary of CB Richard Ellis Group Inc. (CBG). The properties spanning 265,073 square feet of space were presently fully leased. The joint venture further intends to acquire newly developed built-to-suit projects worth $800 million over a period ]]></description>
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		<title>(CBG) CB Richard Ellis Group to Consolidate Operations</title>
		<link>http://www.stockbloghub.com/2010/03/29/cbg-cb-richard-ellis-group-to-consolidate-operations/32009</link>
		<comments>http://www.stockbloghub.com/2010/03/29/cbg-cb-richard-ellis-group-to-consolidate-operations/32009#comments</comments>
		<pubDate>Mon, 29 Mar 2010 17:27:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property Management]]></category>
		<category><![CDATA[CB Richard Ellis Group]]></category>
		<category><![CDATA[CBG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32009</guid>
		<description><![CDATA[CB Richard Ellis Group Inc. (CBG), the world’s largest commercial real estate firm, has decided to consolidate its operations in Uptown Dallas and bring its development and acquisitions divisions under a single roof. The company is currently in the final stages of negotiation to lease about 90,000 square feet of space at 2100 McKinney, a 375,000 square feet office building on McKinney Avenue in Dallas. With the lease, the property would have 75% occupancy. According to sources familiar with the deal, CB Richard is expected to vacate about 40,000 square feet at Lincoln Centre along LBJ Freeway and about 40,000 square feet at 2100 Ross Avenue in downtown Dallas. Trammell Crow Co., an independently operated subsidiary of CB Richard, is also expected to vacate about 20,000 square feet at Trammell ]]></description>
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		<title>(CBG) CB Richard Ellis Group Beats Consensus Estimates</title>
		<link>http://www.stockbloghub.com/2010/02/04/cbg-cb-richard-ellis-group-beats-consensus-estimates/26994</link>
		<comments>http://www.stockbloghub.com/2010/02/04/cbg-cb-richard-ellis-group-beats-consensus-estimates/26994#comments</comments>
		<pubDate>Thu, 04 Feb 2010 22:28:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property Management]]></category>
		<category><![CDATA[CB Richard Ellis Group]]></category>
		<category><![CDATA[CBG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26994</guid>
		<description><![CDATA[CB Richard Ellis Group Inc. (CBG) reported fourth quarter earnings of 21 cents per share after the closing bell on Wednesday. Excluding one-time charges, the company earned 28 cents per share, which surpassed the Zacks Consensus Estimate of 18 cents. The company had earned 37 cents on an adjusted basis in the year-ago quarter. CB Richard Ellis reported a net income of $64.3 million or 21 cents a share, compared to a net loss of $1,089.4 million or $4.70 per share a year earlier. The year-ago loss was mainly attributable to intangible asset impairment charges of $1,159.4 million. Revenue for the quarter came in at $1.3 billion, a growth of 1% year-over-year. The growth? first time in seven quarters ?was primarily the result of improved market conditions, particularly in Asia ]]></description>
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		<item>
		<title>(JOE) St. Joe Company Inks Deal with CB Richard Ellis Group</title>
		<link>http://www.stockbloghub.com/2010/01/27/joe-st-joe-company-inks-deal-with-cb-richard-ellis-group/26161</link>
		<comments>http://www.stockbloghub.com/2010/01/27/joe-st-joe-company-inks-deal-with-cb-richard-ellis-group/26161#comments</comments>
		<pubDate>Wed, 27 Jan 2010 18:41:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Real Estate Development]]></category>
		<category><![CDATA[CB Richard Ellis Group]]></category>
		<category><![CDATA[CBG]]></category>
		<category><![CDATA[JOE]]></category>
		<category><![CDATA[The St. Joe Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26161</guid>
		<description><![CDATA[The St. Joe Company (JOE), a publicly-held operationally diversified real estate company, has inked a deal with CB Richard Ellis Group Inc. (CBG), the world’s largest commercial real estate firm, to sell or lease over 1,000 acres of its land adjacent to the new Northwest Florida Beaches International Airport for commercial development. St. Joe is developing the new international airport near Panama City Beach, which is slated to open in 2010. It is also developing approximately 1,000 acres adjacent to the new airport for industries, offices, retailers, and hotels. Once completed, the airport will become a major growth driver for the region, creating jobs and revenue-generating opportunities for other companies as well. According to the terms of the deal, CB Richard will solicit global office, retail and industrial companies to ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(CBG) CB Richard Ellis Group to Sell CA Government Property</title>
		<link>http://www.stockbloghub.com/2009/12/14/cbg-cb-richard-ellis-group-to-sell-ca-government-property/22766</link>
		<comments>http://www.stockbloghub.com/2009/12/14/cbg-cb-richard-ellis-group-to-sell-ca-government-property/22766#comments</comments>
		<pubDate>Tue, 15 Dec 2009 01:35:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property Management]]></category>
		<category><![CDATA[CB Richard Ellis Group]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=22766</guid>
		<description><![CDATA[CB Richard Ellis Group Inc. (CBG), a leading commercial real estate firm, recently won a contract from the cash-strapped California Government to sell 17 government-owned offices in a concerted effort to raise $660 million. The properties are located across Los Angeles, Oakland, Sacramento, San Francisco and Santa Rosa. California&#8217;s Department of General Services intends to sell the buildings in the first half of 2010 through a sale-leaseback transaction in which the buildings will be sold and fully leased back by the government. The state would enter into long-term leases with the new owners once the sale is completed by its appointed broker CB Richard Ellis. The move is expected to generate stable one-time revenue and offset the huge budget deficits of the government. The state also mulls auctioning the 150-acre ]]></description>
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		<item>
		<title>(JLL) Jones Lang LaSalle Offers Online Auctions</title>
		<link>http://www.stockbloghub.com/2009/09/17/jll-jones-lang-lasalle-offers-online-auctions/15434</link>
		<comments>http://www.stockbloghub.com/2009/09/17/jll-jones-lang-lasalle-offers-online-auctions/15434#comments</comments>
		<pubDate>Thu, 17 Sep 2009 18:37:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15434</guid>
		<description><![CDATA[Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), has recently tied up with Real Estate Disposition LLC, a global leader in real estate auction marketing, for online auctions of commercial properties. The strategic move is intended to provide an impetus to the beleaguered commercial real estate market that was bogged down in the continued economic downturn and sub-prime crisis. The online auction program would increase the scope of traditional outreach and expose the property to a comparatively wider base of investors. The first property to be auctioned online is an office building spanning 100,000 square feet in Ohio. The building was earlier occupied by Procter &#38; Gamble Co (PG) and later became a surplus facility for the company when it shifted its headquarters to Cincinnati. Jones ]]></description>
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