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ProLogis Reduces UK Weighting with $320M Sale

remstaff &Globe Street | December 17, 2003

LONDON-Distribution property specialist Prologis, through its ProLogis European Properties Fund has sold 13 distribution facilities across the UK to Standard Life for pounds 183 million ($320 million).

First KFAN Restaurant to Open Next Week

remstaff &Globe Street | December 17, 2003

ROSEVILLE, MN-The $6-million, 24,000-sf restaurant/media and entertainment complex is the first of a nationwide network of bars and restaurants media conglomerate Clear Channel hopes to develop.

Retail Forecasts Vary for Twin Cities

remstaff &Globe Street | December 17, 2003

MINNEAPOLIS-One broker sees a dramatic increase in absorption and construction and decline in vacancy, while a competitor is less optimistic.

Call Center Expansion Tickets 16,191 SF

remstaff &Globe Street | December 17, 2003

SCOTTSDALE, AZ-In January, Fusion Marketing Partners takes over space in the Village at Hayden, a mixed-use retail and office complex not far from the firm's current location. The team, including outbound calling, gets a fivefold increase in the work area.

Derwent Dealing Pays Dividends in London Deals

remstaff &Globe Street | December 17, 2003

LONDON-Derwent Valley Holdings has sold Panton House in the West End for pounds 17.5 million ($29.1 million) while acquiring a new property in Ladbroke Grove for pounds 10.65 million ($17.7 million).

Rossini Joins Morse Co.

remstaff &Globe Street | December 17, 2003

DALLAS-Nick Rossini, a 20-year professional, takes a principal's seat in the 16-year-old firm after talking to brokerage houses, large and small, in the month that he's been gone from the Jones Lang LaSalle ranks.

Massachusetts Association Relocates to Downtown Address

remstaff &Globe Street | December 17, 2003

BOSTON-The Massachusetts Association of Health Plans Inc. relocates to 40 Court St. with a five-year lease on 4,025-sf of space in the 12-story building. The organization specifically wanted a Downtown location.

Downtown Waterfront Urban Renewal Area Gets Four More Years

remstaff &Globe Street | December 17, 2003

PORTLAND-The Portland Development Commission votes to maintain a Downtown Waterfront Urban Renewal Area for another four years and issue additional bonds so it can "finish what it started.

Foundation Poured for Condo Project

remstaff &Globe Street | December 17, 2003

FORT LAUDERDALE, FL-The pouring of 3,298 cubic yards of concrete for Vue Residences & Beach Club took 329 trucks. The Cornerstone Premier Communities project is set to be completed in the first quarter of 2005.

Agreement Places $137M Price Tag on Mizner Park

remstaff &Globe Street | December 17, 2003

BOCA RATON, FL-The Rouse Co. and a client advised by ING Clarion have agreed to purchase the large mixed-use park here from affiliates of Teachers Insurance and Annuity Association. The park contains 505,000 sf of office and retail space, as well as 272 multifamily residential units.

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ProLogis Reduces UK Weighting with $320M Sale

First KFAN Restaurant to Open Next Week

Retail Forecasts Vary for Twin Cities

Call Center Expansion Tickets 16,191 SF

Derwent Dealing Pays Dividends in London Deals

Rossini Joins Morse Co.

Massachusetts Association Relocates to Downtown Address

Downtown Waterfront Urban Renewal Area Gets Four More Years

Foundation Poured for Condo Project

Agreement Places $137M Price Tag on Mizner Park

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