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US retail mall vacancies rose in the fourth quarter from the third, mainly due to the closure of some Sears Holdings Corp stores, according to real estate research firm Reis Inc.

Asking and effective rents for shopping centers increased slightly faster than the previous quarter, Reis said in a report on Tuesday.

Retail mall vacancies rose to 8 per cent in the fourth quarter from 7.9 per cent in the third quarter, marking the first quarterly increase since the third quarter of 2011, the company said.

Retailer Sears said in December it planned to close 235 stores in 2014, nearly double the projection of 130 made in August, in an attempt to return to profitability.

Asking and effective rents for shopping centers grew by 0.5 per cent this quarter. Asking rent had risen 0.4 per cent in the third quarter, while effective rents rose 0.5 per cent.

"Demand continues to rebound from a weak 2013, though it also remains at relatively low levels... (This) provides more evidence that the recovery is not yet accelerating," Severino said.

The national vacancy rate for neighborhood and community shopping centers declined by 10 basis points to 10.2 per cent during the fourth quarter, slightly improving from the third quarter, when the rate was unchanged.

Construction activity remained limited with only 1,752,000 square feet of new shopping center space completed during the fourth quarter. Shopping center space completed during the third quarter was 1,272,000 square feet.

Reis said accelerating pace of job creation, wage growth, and cheaper energy prices portend better times ahead.

"While we are still a number of years away from characterizing the retail real estate environment as 'strong', 2015 could certainly be a year of transition to a healthier market environment," Severino said.

Continued here:
US retail mall vacancies rise in fourth quarter: Reis

Sandycombe Lodge has been placed on the English Heritage register of endangered historic structures. Photograph: Oli Scarff/Getty Images

A house designed by the painter JMW Turner as a country home to share with his father will be saved from dereliction and opened permanently to the public through a 1.4m grant to be announced on Wednesday by the Heritage Lottery Fund.

We are just so excited, it is superb news this house is a national treasure, but it is in a sad, sad state, and if we had to get through another bad winter without knowing whether we could go ahead with restoration, it would be truly worrying, said Rosemary Vaux, of the Turner House Trust. The months of torrential rain last winter did terrible damage, and we were really fearful of the consequences if we had another prolonged spell of such bad weather.

The Grade II listed house, Sandycombe Lodge in Twickenham, west London, is the only known building designed by Turner. It was described by Vaux as a three-dimensional work of art. It was left by the last private owner to a trust, but its increasingly fragile condition meant that it was only open to the public one afternoon a month, and placed on the English Heritage register of endangered historic structures.

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The grant, with extra funding being raised by the trust, means that it will close this year and reopen in 2016 for 46 weeks of the year, with later features removed and the garden and interiors restored to their appearance in Turners day. The house had many features including distinctive tall narrow arches inspired by his friend Sir John Soane, the architect whose own much grander country home, Pitzhanger Manor, was only a few miles away in Ealing. Turner lived in Twickenham for part of the year from 1813 until 1826, producing many dazzling paintings of nearby stretches of the Thames, with his father as housekeeper and gardener. As portrayed in Mike Leighs film Mr Turner, father and son were devoted, though many visitors mistook the modestly dressed little man pottering around the garden with a wheelbarrow seen in one Turner drawing for a groundsman. He entertained friends to lavish picnics in the garden, which had colourful flower beds, a large pond full of fish and water lilies, and a weeping willow planted from a slip he took from the garden of another local celebrity, the poet Alexander Pope.

In 1826 Turner sold the house and moved his father back to his larger town house, studio and gallery in London. Although the house passed through many hands, and the fact that he designed it was forgotten, the connection with the artist was never forgotten locally and it was cherished on his account by a succession of owners. The narrow country lane is now a suburban street, with the house hemmed in by later buildings, but it is still recognisable from 19th century engravings made in Turners day. The interior was barely modernised even after being a second world war factory making goggles for aviators.

Turner kept the adjoining meadow for years, finally selling it for a handsome profit in 1848 to the railway company which was driving a new line through to Windsor.

In 1947 Professor Harold Livermore bought the surviving scrap of garden and the house which was in such poor state that there was talk of demolishing it. He carried out extensive research with his wife Ann on Turners time in Twickenham, campaigned to prevent development which would have damaged its setting, established the trust in 2005, and bequeathed the house on his death in 2010 along with an extensive collection of books and works of art.

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Turned out nice: artists home gets 1.4m rescue grant

Portrait photographer Mark Seliger has sold his Richard Neutra-designed house in Los Feliz for $4.52 million -- just above the asking price of $4.5 million.

Considered a prime example of Neutra's Midcentury Modern home designs, the 1949 Alpha Wirin House was restored to maintain its architectural integrity. Wood ceilings and built-in furniture grace the interiors.

The 2,262 square feet of living space contains family and living rooms, a dining area, an office/den, two bedrooms and three bathrooms. Balconies expand the living space outdoors.

Walls of glass allow views of the cityscape and surrounding hillsides.

The nearly three-quarter acre of grounds is planted with palms and succulents. Steps lead to a swimming pool below the two-story house.

Seligers portrait subjects have included President Obama, singer-songwriter Mick Jagger and Nirvanas Kurt Cobain. Seliger has shot covers for publications such as Rolling Stone and GQ.

He paid $1.575 million for the house more than a decade ago and worked with designer Mark Haddawy on the restoration.

Aaron Kirman of John Aaroe Group was the listing agent.

Twitter: @LATHotProperty

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Photographer Mark Seliger sells Richard Neutra-designed home

A remodeling project beginning Wednesday at the West Boulder Senior Center will do away with several of the meeting rooms at the back of the facility and replace them with human services offices.

The work, set to continue through March, will also include the application of fresh paint, lighting upgrades and the addition of soundproofing in efforts to improve the spaces available to seniors, according to the city.

Despite assurances that the project will not affect services such as Boulder Meals on Wheels, nor programs hosted by the center, 909 Arapahoe Ave., some local seniors are miffed that regular users were not consulted about the project. Furthermore, they are concerned about the lack of notice for the remodeling, formally announced in a news release Monday.

"They are doing this without consulting anybody or getting any senior input," Win Nolin, 83, said Tuesday.

Nolin, a former president of the Boulder Senior Advisory Committee, said he only heard about the remodeling project through word of mouth when attending a dinner event at the West Senior Center's Caf Classico last week. That led him to email the City Council on Saturday.

The message read, in part, "Our West Senior Center was built 35 years ago for serving the needs of our seniors and I think that our seniors need to have an input on any changes that are proposed to the center. Our seniors that have served others and helped build the community need to have a voice in these matters."

On Monday, Nolin said, he and some other seniors met with Betty Kilsdonk, Boulder's acting senior service manager, Human Services Director Karen Rahn and City Manager Jane Brautigam about their concerns. He described the meetings as "stalemates" that were not productive.

"They have decided what's best for the seniors, it seems to me," he said.

Kilsdonk on Tuesday acknowledged that public input was not sought on the remodeling work but said that is not uncommon for small-scale projects like this.

"This is a fairly routine remodel that the city does all the time," Kilsdonk said. "Though the press release came out earlier this week, city staff have been contacting customers since December who were using those (meeting) rooms and found new homes for their meetings."

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West Boulder Senior Center remodel begins as users decry lack of input

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Posted: Tuesday, January 6, 2015 6:01 pm

Lynchburg Roofing raises money for cancer patient Amy Trent newsadvance.com

Lynchburg Roofing is raising awareness and funds for Cullen Harris, a child fighting cancer.

Through the end of February, Lynchburg Roofing will give 5 percent of every new roof contract to Harris, who was diagnosed with a brain tumor at four months of age.

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Lynchburg Roofing raises money for cancer patient

Fremont, CA (PRWEB) January 06, 2015

Patriot, a leading manufacturer in mobile accessories, computer and USB/flash memory, today released the Supersonic Magnum 2 and Supersonic Rage 2, 3.0 USB Flash Drive. Leading the industry in capacity and speed, Patriot has set the new standard in the flash memory world boasting record speeds of up to 400MB/s and 300MB/s read and write times.

Supersonic Magnum 2, 3.0 USB Flash Drive

Living up to its name sake, the Patriot Supersonic Magnum 2 will be available in extreme capacities of 256GB and 512GB making the frustration of not having enough room to store data virtually non-existent. With impressive maximum read and write speeds reaching 400MB/s and 300MB/s its the fastest high capacity/high performance USB flash drive on the market.

Designed with a sturdy matte black, industrial grade metal housing that enables shock resistance up to 15Gs to protect stored data and laser etched, the Magnum 2 doesnt compromise appearance and class for safety. A detachable cap covers the USB connector to prevent damage and debris from entering the port.

Supersonic Rage 2, 3.0 USB Flash Drive

The Supersonic Rage 2 is Patriots highest performing, ultra-portable and high capacity USB 3.0. Its rugged, rubberized casing is designed to withstand the wear and tear of everyday use and the all-in-one slide to connect feature protects the port from damage it might encounter while traveling at the bottom of a pocket or bag.

With lightning fast maximum read and write speeds of up to 400MB/s and 300MB/s the Supersonic Rage 2 is Patriots fastest high performance retractable USB. Available in capacities of 128GB and 256GB, the Rage 2 is the perfect USB for performance enthusiasts and content creators. Its compact form factor and impressive speeds make it the obvious choice for quick access to large projects and presentations during important meetings.

Patriot has revamped its Supersonic USB line with two great new additions, both with exceedingly fast speeds, said Meng Jay Choo, Product Manager at Patriot. There are no comparable USB drives on the market, at the moment, and we hope to continue to deliver impressive performance speeds to our customers as technology advances.

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Patriot Launches Second Generation of Supersonic Magnum and Rage USB Flash Drives

WASHINGTON -

Eight children, all of them siblings, were treated for possible hypothermia Tuesday after they were found cold, wet and shivering on a Northeast D.C. doorstep.

The oldest told the Good Samaritans who discovered them just before 9 a.m. that they had been kicked off three different Metro buses and were just trying to get to school.

The eight children were all taken to Children's National Medical Center where they were treated for several hours before being released into the care of their mother.

The children, some of them crying, were first noticed by a woman shoveling snow from the walk in front of her house. She looked across the street and saw them all dressed in their school clothes huddled together on a Rhode Island Avenue doorstep.

The youngest was just four years old, and when the woman went to see if she could help, the children told her an incredible story.

Kevin Gadson and Acurah White live directly across the street from where they first saw the children.

"They're scared, they're shivering, they're shaking, they're crying, they're frozen, they can't even move off the porch," said White in an interview Tuesday.

So White and her boyfriend gathered them up and safely took the eight children -- ages 4 to 14 -- across busy Rhode Island Avenue to their home.

"We had to carry them to my house and warm them up, and even when we get them into the house and put blankets on them, they are still crying, shivering, said White. It's cold.

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Children say they were kicked off Metro buses while heading to school during snowstorm