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Town Eyes 45,000-SF Building for Municipal Use

remstaff &Globe Street | November 25, 2003

WESTBOROUGH, MA-Town officials have been negotiating to purchase a 45,000-sf building near the center of town for $2 million. The property is part of large portfolio that Tyrolit North America Inc. is selling.

Apartment Sale Tops $8M

remstaff &Globe Street | November 25, 2003

RIVERSIDE, CA-KDF Communities of Newport Beach acquires the 156-unit Breezewood Apartments complex from the Riverside County Housing Authority for $8.5 million.

American Standard Renews 79,000-SF HQ Lease

remstaff &Globe Street | November 25, 2003

PISCATAWAY, NJ-The plumbing supply company will stay on as a major tenant at One Centennial Plaza, which is co-owned by Lincoln Equities Group and Investcorp. C&W repped the tenant.

Logistics Firm Relocates Into 152,400 SF

remstaff &Globe Street | November 25, 2003

HOUSTON-Cadeco Industries gets an option to take over the entire 250,000-sf warehouse as the impetus to sign a medium-term lease at 350-400 Portwall St., says the tenant's broker.

Capital East Apartments Gets $5M Refinancing

remstaff &Globe Street | November 25, 2003

WASHINGTON, DC-The 173-unit Capital East Apartments complex gets refinanced to the tune of $5 million with the assistance of GMAC Commercial Mortgage Corp. The fixed-rate refinancing package comes from Fannie Mae.

PEBB Enterprises Affiliates Obtain $9M

remstaff &Globe Street | November 25, 2003

DELRAY BEACH, FL-The permanent mortgage financing, arranged by Dockerty Romer & Co., was from Bear, Stearns & Co. for two retail properties totaling about 101,500 sf--the 68,000-sf Delray Commons and the 33,500-sf Pine Island Plaza.

790,000-SF Office Park Set to Clear Last Hurdle

remstaff &Globe Street | November 25, 2003

STONEHAM, MA-The Gutierrez Co. files its final environmental impact report with the state's executive office of environmental affairs for the development of the Stoneham Executive Center.

Retail Deals Total $3.5M

remstaff &Globe Street | November 25, 2003

BAKERSFIELD, CA-The five transactions include $3.5 million of retail leases at the new Village at Towne Centre shopping center, scheduled to open next year.

Sares-Regis Sells $36M Facility

remstaff &Globe Street | November 25, 2003

REDLANDS, CA-The Irvine-based real estate development and management firm strikes a deal with USAA Real Estate Co. of San Antonio, TX, for the approximately 984,000-sf warehouse.

300,000-SF Center Sale Carries $17M Price Tag

remstaff &Globe Street | November 25, 2003

MIAMI-In a large deal for the area, Principal Real Estate Investors bought the building, which was leased entirely to one tenant in September, from Lincoln PO Miami LP, which paid $11.9 million for the building about a year ago.

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Town Eyes 45,000-SF Building for Municipal Use

Apartment Sale Tops $8M

American Standard Renews 79,000-SF HQ Lease

Logistics Firm Relocates Into 152,400 SF

Capital East Apartments Gets $5M Refinancing

PEBB Enterprises Affiliates Obtain $9M

790,000-SF Office Park Set to Clear Last Hurdle

Retail Deals Total $3.5M

Sares-Regis Sells $36M Facility

300,000-SF Center Sale Carries $17M Price Tag

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