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Sunrise Debuts District Facility

remstaff &Globe Street | December 15, 2003

WASHINGTON, DC-It's a first for Sunrise Senior Living, as the company makes its

LNC Buys in West End

remstaff | December 15, 2003

LONDON-Glasgow-based LNC Property Group has paid Gerald Ronson's Heron International pounds 40 million ($70 million) for the long leasehold interest in 16 St James's St., London SW1.

13,284-SF Building Ropes $565,000

remstaff &Globe Street | December 15, 2003

GARLAND, TX-A retiring investor sells 2916 National Dr. to an electrical contractor who wanted the three-acre property for the ample yard storage and interstate proximity. At decision time, there were two equally competitive offers.

Medical Office Portfolio Obtains $175M in Refinancing

remstaff &Globe Street | December 15, 2003

HORSHAM, PA-After providing financing for the acquisition of 17 medical office buildings three years ago, GMACCM restructures a $141-million loan. Merrill Lynch refinances another $34 million on three properties.

Broder & Sachse Wins Management Contract

remstaff &Globe Street | December 15, 2003

SHELBY TOWNSHIP, MI-Broder & Sachse Real Estate Services Inc. has won a contract to provide property management services to Stoney Creek Village Apartments.

Current issue - Subscribers only (PDF file)

remstaff &Globe Street | December 15, 2003

December 15, 2003

KBS Parts With $65M for Class A Office Complex

remstaff &Globe Street | December 15, 2003

HOUSTON-The Newport Beach, CA buyer gets the 95%-leased One and Two Eldridge Place, a 519,746-sf asset with a four-acre tract that's the subject of talks with extended-stay hotel developers. The purchase signals the start of KBS Realty's new focus on town.

Vornado Buys Bergen Mall for $145M

remstaff &Globe Street | December 15, 2003

PARAMUS, NJ-The venerable one million-sf shopping mecca moves out of the portfolio of Simon Property Group in a purchase funded as part of a Section 1031 Exchange.

MDM Development Launches $600M Mixed-Use Project

remstaff &Globe Street | December 15, 2003

MIAMI-The project will include 1,500 condominium and apartment units, a lifestyle/entertainment center, upscale restaurants and stores, 10,000 sf of office space and ample parking. It is being developed on six acres, currently parking lot space, Downtown.

Newport Federal Buys $20M Office Building

remstaff &Globe Street | December 15, 2003

ANAHEIM, CA-The Newport Beach-based real estate investment firm acquires the 121,00-sf Stadium Centre in a partnership with Greenlaw Partners LLC.

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Sunrise Debuts District Facility

LNC Buys in West End

13,284-SF Building Ropes $565,000

Medical Office Portfolio Obtains $175M in Refinancing

Broder & Sachse Wins Management Contract

Current issue - Subscribers only (PDF file)

KBS Parts With $65M for Class A Office Complex

Vornado Buys Bergen Mall for $145M

MDM Development Launches $600M Mixed-Use Project

Newport Federal Buys $20M Office Building

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