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CNL Dealing for $377M of Senior Housing Assets

remstaff &Globe Street | November 13, 2003

ORLANDO-CNL Retirement Properties Inc. has acquired 17 properties for $178.8 million from McLean, VA-based Sunrise Senior Living Inc. and has contracted to buy 28 additional properties from affiliates of EdenCare Senior Living Services LP of Alpharetta, GA for $198 million.

Retail Asset Sells for $7M

remstaff &Globe Street | November 13, 2003

SAN BERNARDINO, CA-San Luis Rey LLC and Elisenal LLC (with Gregg Sindici as general partner) acquire the 12-acre site, which is currently leased to Sam's Club. The parcel houses a recently completed building that houses 130,000 sf.

Law Firm Moves to Prudential Tower

remstaff &Globe Street | November 13, 2003

BOSTON-Posternak Blankstein & Lund LLP leases 36,500 sf on the 32nd and part of the 33rd floor of the Prudential Tower, a 52-story building situated within the Prudential Center complex at 800 Boylston St.

Vestcom Takes 49,500 SF in Relocation

remstaff &Globe Street | November 13, 2003

WILMINGTON, MA-In one of the largest leasing deals in the northern suburbs this year, Vestcom New England leases 49,500 sf at 5 Cornell Place. The company is relocating its regional facility from 12 Gill St. in Woburn.

ABB Sells 165,000-SF Complex

remstaff &Globe Street | November 13, 2003

NORTH BRUNSWICK, NJ-The company will lease back a portion of the 22-acre site, which contains five office/industrial buildings. The buyer was Territorial Properties, and brokers from Buschman Partners and CBRE put the deal together.

Houston's Retail Market Racks Up Another Win

remstaff &Globe Street | November 13, 2003

HOUSTON-The local retail market stands alone among commercial real estate by continuing to be a strong performer. O'Connor & Associates puts third-quarter absorption at 608,932 sf, a reading that pushes the past year's total to 2.3 million sf.

Carl Marks Gets First-Stage Financing for Philly WTC

remstaff &Globe Street | November 13, 2003

PHILADELPHIA-While $8 million doesn't make a big dent in the projected $106-million needed to fund phase one of the four-million-sf project, "it makes raising the rest easier," Martin Schiffman, president of the developing partnership, tells GlobeSt.com.

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CNL Dealing for $377M of Senior Housing Assets

Retail Asset Sells for $7M

Law Firm Moves to Prudential Tower

Vestcom Takes 49,500 SF in Relocation

ABB Sells 165,000-SF Complex

Houston's Retail Market Racks Up Another Win

Carl Marks Gets First-Stage Financing for Philly WTC

Golden Springs Center Trades

Gander Mountain Store Sold, Financed Through Upland

London Olympic Bid Takes Shape

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