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Post Taps BDO Seidman Partner as CFO

remstaff &Globe Street | November 06, 2003

ATLANTA-Christopher J. Papa, 37, was also named executive vice president of the locally based apartment REIT where he will focus on a range of accounting and consulting matters.

Company Survival Depends on Right People

remstaff &Globe Street | November 06, 2003

MINNEAPOLIS-Local real estate executives emphasize employee screening, education and how to prepare for succession at Real Estate Media's recent RealShare Minneapolis Conference.

Fledgling IT Firm Expands Office

remstaff &Globe Street | November 06, 2003

HOUSTON-An information technology firm with Houston roots signs a short-term lease for 3,951 sf in a jump from one MetroNational-owned building to another in the Katy Freeway submarket.

Service Centers Show Slow Recovery

remstaff &Globe Street | November 06, 2003

ORLANDO-The vacancy level has dropped to 16.4% from 18 % in the second quarter but with projected annual net absorption of only 200,000 sf, it will take six years to absorb the 1.1 million sf available in the south Orlando service center and flex space market, according to a new study by Rebman Properties Inc.

Inland Pays Premium for Tampa Area Asset

remstaff &Globe Street | November 06, 2003

TAMPA, FL-The Oak Brook, IL-based retail REIT pays $162.96 per sf in a $12.9 million deal with Shoppes of Lithia Ltd. to acquire the newly constructed, 79,161-sf Shoppes of Lithia in Brandon, a Tampa suburb. The per-sf price is one of the highest this year for a retail property, area brokers tell GlobeSt.com.

Grocery-Anchored Center Goes for $20M

remstaff &Globe Street | November 05, 2003

SILVER SPRING, MD-Ownership of the 100,000-sf Plaza del Mercado shopping center changes hands in a $20 million deal between buyer Federal Realty Investment Trust and seller Plaza del Mercado LLC.

Grubb & Ellis Moving to Three Ygnacio Center

remstaff &Globe Street | November 05, 2003

WALNUT CREEK, CA-The local office of the real estate services firm signs on for 8,283 sf on the fourth floor of the newest Downtown building here, raising occupancy in the 165,000-sf office and retail property to 75%.

Network Engines Signs 52,000-SF Lease

remstaff &Globe Street | November 05, 2003

CANTON, MA-Network Engines leases 51,935 sf of office space in the Canton Commerce Center at 15-45 Dan Rd. The deal brings the occupancy on the three-story, 276,000-sf office building up to 92%.

Sports Stadiums Affect Local Culture More Than Its Economics

remstaff &Globe Street | November 05, 2003

MINNEAPOLIS-Twin Cities commercial real estate executives weigh in on the stadium controversies brewing in their metropolitan area at the recent RealShare Conference in Minneapolis.

WestCoast Hospitality Files for Securities Offering

remstaff &Globe Street | November 05, 2003

SPOKANE, WA-The locally based hotelier forms West Coast Hospitality Trust to offer up to $46 million in trust preferred securities, the proceeds from which will be used in part to redeem all of its Series A and Series B Preferred Stock.

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Post Taps BDO Seidman Partner as CFO

Company Survival Depends on Right People

Fledgling IT Firm Expands Office

Service Centers Show Slow Recovery

Inland Pays Premium for Tampa Area Asset

Grocery-Anchored Center Goes for $20M

Grubb & Ellis Moving to Three Ygnacio Center

Network Engines Signs 52,000-SF Lease

Sports Stadiums Affect Local Culture More Than Its Economics

WestCoast Hospitality Files for Securities Offering

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