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Burj Dubai Ready to Set Records

Burj Dubai by numbers (DUBAI, U.A.E.) -- No one knows how long the records will last, but with ten days left to the opening of the world's tallest building,  the publicity machine is grinding out the numbers that define Burj...

Leading Dubai Developer Calls 2009 a 'Horrible Year' and Looks ahead to 2010

Mohammed Nimer (DUBAI, U.A.E.) -- Now that 2009 is close to becoming history, leading business people are looking back at what happened. That's what Mohammed Nimer, CEO of MAG Group Property Development in Dubai, has been doing using the Latin...

DEAL OF THE WEEK

Juan Dolio Beach, Dominican Republic Billion-Dollar Costa Bianca Resort in Dominican Republic Gets $20M Construction Loan.45 of the 52 multi-million-dollar Villas already sold at pre-construction prices.Golf and Beach Community spans 580 acres along Juan Dolio Beach coastline.Group Metro, the developer,...

A Moment with Alex

I don't know about you, but I remain confident the nation's economy, along with the whole real estate industry, will start to turn around in 2010 - even though a barrage of statistics says it won't happen until 2012,...

Q & A with Dottie Herman

Dottie Herman Q1 - My wife and I are looking to buy a home and we have been hearing people talk about a buyer's agent. What exactly is a buyer's agent and what is their role and who pays this...

► Commercial News - CoStar

Dollar General to Open 600 New Stores in 2010

Dollar General Corporation (NYSE: DG) recently reported that for the first nine months of this year, the company reported a 296% increase in net income from 2008 to $63.7 million. Dollar General said a significant increase in customer traffic and average...

CoStar's Retail News Roundup: December 2009

This week in the Retail Roundup, CoStar reports on expansions or new concepts at electronics chains and Dollar General; closings, cutbacks, defaults, or bankruptcy news at General Growth, The Walking Company, USPS, Joffco Square, auto dealerships, and...

Nearly 1,500 Car Dealership Closed in 2009, Says Urban Science

Detroit-based automotive retail consulting firm, Urban Science, announced that 1,467 U.S. car dealerships closed during the first 10 months of this year, leaving 18,617 auto dealerships in operation as of Nov. 1, 2009. This follows 2008's net loss of...

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