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Hammerson Pays $102M for Retail Park

remstaff &Globe Street | November 18, 2003

LONDON-Hammerson has continued its push into the out-of-town retail market with the pounds 60.2 million ($102.3 million) purchase of the Drakehouse Retail Park in Sheffield from The Junction Limited Partnership.

Clothing Retailer Trumps Borders as Detroit's Largest Store

remstaff &Globe Street | November 18, 2003

DETROIT-A new clothier takes the title of largest store Downtown from Border's, which opened as the city's largest store only a week previously.

Pembroke Pines Center Sees Nearly $3M in Leasing Activity

remstaff &Globe Street | November 18, 2003

PEMBROKE PINES, FL-International Office, a new tenant, is taking 8,290 rentable sf for five years, and Pines Radiology Center renewed its 7,135-sf lease for 10 years in the 96,236-sf Pembroke Pines Professional Center.

JC Penney Coming to Riverdale

remstaff &Globe Street | November 18, 2003

COON RAPIDS, MN-The 94,000-sf store will feature a new format designed for off-mall locations and will feature greater shopping convenience with wide aisles, improved lighting and big new signs that make it easier to locate major brands.

CharterMac Completes $338M Acquisition of Related Capital

remstaff &Globe Street | November 18, 2003

NEW YORK CITY-Just under a year after first being announced, Charter Municipal Mortgage Acceptance Co. completes its $338-million acquisition of Related Capital Co. The company officially changed its name to CharterMac.

Law Firms Log 150,000 SF of Office Renewals

remstaff &Globe Street | November 18, 2003

CHICAGO-Three law firms stay put at 500 W. Madison St., led by Bollinger, Ruberry & Garvey's61,456-sf deal and Quarles & Brady's 5,420-sf deal. Both leases included expansions.

State Unemployment Drops to 7%

remstaff &Globe Street | November 18, 2003

OLYMPIA, WA-The labor force rises to its highest seasonally adjusted level since January on the strength of seasonal gains in education that outpaced seasonal layoffs in construction, manufacturing and leisure and hospitality.

Five Marinas Stake $20M Loan

remstaff &Globe Street | November 18, 2003

DALLAS-Marine Quest Marinas uses 2,300 wet boat slips, three restaurants, five ship's stores and five boat repair facilities as collateral for a five-year loan with two interest rates. The borrower retires some debt and plans expansions and upgrades with the capital.

$21B Forecast for New Construction

remstaff &Globe Street | November 18, 2003

TRENTON, NJ-The projected total covers the next two years with commercial and industrial contracting, school construction, the pharmaceutical business and the utilities looking to lead the way.

King Soopers Opens in Green Valley Ranch

remstaff &Globe Street | November 18, 2003

DENVER-This community in northeast Denver finally gets its first full service grocery store 20 years after the first homes were built in this area. The King Soopers is expected to eventually employ about 100 people.

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Hammerson Pays $102M for Retail Park

Clothing Retailer Trumps Borders as Detroit's Largest Store

Pembroke Pines Center Sees Nearly $3M in Leasing Activity

JC Penney Coming to Riverdale

CharterMac Completes $338M Acquisition of Related Capital

Law Firms Log 150,000 SF of Office Renewals

State Unemployment Drops to 7%

Five Marinas Stake $20M Loan

$21B Forecast for New Construction

King Soopers Opens in Green Valley Ranch

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