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Archstone-Smith Breaks Ground on 420-Unit Apartment

remstaff &Globe Street | October 31, 2003

BOSTON- The 28-story building is the largest rental residential property to be developed in the city in more than 20 years. The developer anticipates residences will be available for lease by spring of 2006.

Logistics Firm Expands Into Houston

remstaff &Globe Street | October 31, 2003

HOUSTON-A Sacramento, CA-based global shipping and logistics concern has opened its first Houston operation in a 21,700-sf leased spot at West by Northwest Industrial Center.

Pfizer Signs 113,000-SF Lease

remstaff | October 31, 2003

PARSIPPANY, NJ-The company's Global Pharmaceutical Group is using the top three floors at SJP Properties' Morris Corporate Center IV as a regional sales office. GVA Williams put the deal together for the tenant.

Target Leases Warehouse Space at Naamans Creek

remstaff &Globe Street | October 31, 2003

BOOTHWYN, PA-The retail giant establishes a 20,000-sf warehouse here to service its Brandywine, DE store. The five-year lease is valued in excess of $700,000 and takes the 45,000-sf flex building to full occupancy.

Two Office Buildings Sell for Combined $9M

remstaff &Globe Street | October 31, 2003

MIAMI-Doral Executive Office Park LLC bought the Doral I and Doral II buildings, which have a total of 101,420 net rentable sf, from Doral FlexxSpace Ltd. They are 90% occupied.

SG Hiscock Launching Securities Fund for Australians

remstaff &Globe Street | October 31, 2003

MELBOURNE, AUSTRALIA-In a joint venture with Chicago-based LaSalle Investment Management, locally based SG Hiscock & Co. launches a high-yield global real estate securities fund for retail and institutional investors in Australia.

Dentists Buy Site for $400,000

remstaff &Globe Street | October 31, 2003

ORLANDO-In a growing trend, small firms are purchasing land to build their own offices rather than leasing space. Greenberg Dental paid $177,778 per acre for the 2.3-acre parcel at Goldenrod and University Gardens roads.

Goodwin Proctor Re-Ups for 360,000 SF

remstaff &Globe Street | October 31, 2003

BOSTON-In the city's the largest deal in the past few years, Goodwin Proctor LLP renews for 360,000 sf of space in Exchange Place at 53 State St. The deal represents about a third of the 1.1 million-sf building.

InnSuites Hotel Fetches $7M

remstaff &Globe Street | October 31, 2003

BUENA PARK, CA-The Phoenix-based real estate investment trust sells the 176-unit Best Western InnSuites hotel to local investor CVTI, which will continue to operate it under the Best Western InnSuites flag.

Spaulding & Slye Secures Willow Oaks III Assignment

remstaff &Globe Street | October 31, 2003

FAIRFAX, VA-Leasing activity at Willow Oaks III is about to pick-up pace now that real estate services company Spaulding & Slye Colliers has committed to assisting owner Prentiss Properties Trust by bringing in new tenants.

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Archstone-Smith Breaks Ground on 420-Unit Apartment

Logistics Firm Expands Into Houston

Pfizer Signs 113,000-SF Lease

Target Leases Warehouse Space at Naamans Creek

Two Office Buildings Sell for Combined $9M

SG Hiscock Launching Securities Fund for Australians

Dentists Buy Site for $400,000

Goodwin Proctor Re-Ups for 360,000 SF

InnSuites Hotel Fetches $7M

Spaulding & Slye Secures Willow Oaks III Assignment

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