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195,000-SF Class A Assignment Flips

remstaff &Globe Street | November 25, 2003

HOUSTON-Equity Office signs Transwestern to help lease Intercontinental Center, which has a 66,000-sf empty block of class A office space. The goal is to fill the building in 2004. Equity Office will continue to manage the asset.

Property Sold in Wixom

remstaff &Globe Street | November 25, 2003

WIXOM, MI-A 64,260-sf industrial property has changed hands in Wixom. David Giltner of Grubb & Ellis represented both sides of the table.

Leasing Team in Place for 500 New Jersey Ave.

remstaff &Globe Street | November 25, 2003

WASHINGTON, DC-The class A office building going up at 500 New Jersey Ave. has a management and leasing team in place, with the selection of Cassidy & Pinkard.

Class A Escapes Dallas/Fort Worth Foreclosures

remstaff &Globe Street | November 25, 2003

DALLAS-Understanding lenders and deed modifications most likely account for the class A absence on a year-end foreclosure report that shows 2003 postings increased 17% in a year. But, only 9% of posted properties are making it to the auction block.

SAS Leases 31,650 SF at AmberGlen

remstaff &Globe Street | November 25, 2003

BEAVERTON, OR-The Cary, NC-based maker of customer relationship management software commits to the State Farm-owned business center here long term, signing a seven-year lease for 31,650 sf.

MEDC Awards Brownfield Tax Credits To Three Properties

remstaff &Globe Street | November 25, 2003

DETROIT-Three new redevelopment projects in Detroit are set to move ahead thanks to brownfield tax credits granted by the Michigan Economic Development Corporation.

CBRE Gets Assignment for 167,000-SF Bldg.

remstaff &Globe Street | November 25, 2003

PRINCETON, NJ-The firm's Garden State office will market the class A asset, which is part of an 800,000-sf master planned office park, for developer/owner Patrinely.

Minnesota's Affordable Housing Shortage to Worsen

remstaff &Globe Street | November 25, 2003

ST. PAUL-A new study shows that Minnesota will be short 33,000 affordable housing units by 2010, with two thirds of those in the Twin Cities.

Three-Building Package Sells in North Dallas

remstaff &Globe Street | November 25, 2003

DALLAS-The 20,000-sf flex structures, each a single-tenant property, bring well north of $1 million or a closing price in the upper $30 per sf range. Buyer Jarvis Properties buys the trio from a locally based private investor.

State Mortgage Bankers Assoc. Names Next Executive Director

remstaff &Globe Street | November 25, 2003

SACRAMENTO- Susan DeMars, an outside consultant for the California Mortgage Bankers Assoc. for the past three years, is appointed as the organization's executive director.

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195,000-SF Class A Assignment Flips

Property Sold in Wixom

Leasing Team in Place for 500 New Jersey Ave.

Class A Escapes Dallas/Fort Worth Foreclosures

SAS Leases 31,650 SF at AmberGlen

MEDC Awards Brownfield Tax Credits To Three Properties

CBRE Gets Assignment for 167,000-SF Bldg.

Minnesota's Affordable Housing Shortage to Worsen

Three-Building Package Sells in North Dallas

State Mortgage Bankers Assoc. Names Next Executive Director

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