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Multifamily Properties Refinanced at 4.75%

remstaff &Globe Street | October 28, 2003

CHICAGO-The Willowbrook Apartments in Clarendon Hills, Hickory Oaks Apartments in Lansing and Oak Crest Apartments in Munster, IN, have been refinanced by New York Life for $13.2 million with 15-year, fixed-rate mortgages.

Steadfast Properties Rehabs Office Property

remstaff &Globe Street | October 28, 2003

IRVINE, CA-The Newport Beach-based development and investment firm will renovate two buildings totaling 37,000 sf and market them for sale.

CalPERS Leverages 14 Retail Centers

remstaff &Globe Street | October 28, 2003

SAN FRANCISCO-The California Public Employees Retirement System takes out a $200-million mortgage on previously un-leveraged retail centers in Colorado, Texas, California, Oregon and Washington.

Dillard's Looks to Join Proposed Mall

remstaff | October 28, 2003

FORT COLLINS, CO-Dillard's wants to be part of a planned lifestyle center here, but will the center be built?

Exel Inc. Leases 100,800 SF

remstaff &Globe Street | October 28, 2003

OAKLAND, CA-The global supply chain management operation inks a 40-month lease for about one-quarter of AMB Property Corp.'s 400,000-sf Edgewater Industrial Center here at 7200 Edgewater Dr.

KKE Architects Promotes Bill Beaupre To Senior Associate

remstaff &Globe Street | October 28, 2003

MINNEAPOLIS-Beaupre is head of the firm's Target Store group and has extensive experience with retail projects.

Banker Sees New Trend in Ownership vs. Leasing

remstaff &Globe Street | October 28, 2003

MAITLAND, FL-Nine-month-old Mercantile Commercial Capital has closed six commercial property loans totaling $5 million in Orlando, Tampa, Jacksonville, South Florida and Puerto Rico. Another $11 million in loans is pending.

Rocky Mountain Institute Honored

remstaff &Globe Street | October 28, 2003

SNOWMASS, CO-Since its founding 21 years ago, the Rocky Mountain Institute has focused on environmentally friendly development. Recently, the Smithsonian recognized its work, naming the organization a finalist for a prestigious envirnomental design award.

El Paseo Starts Phase II

remstaff &Globe Street | October 28, 2003

PALM DESERT, CA-Construction of the 9,300-sf second phase of the project is under way after completion of the 12.000-sf first phase.

7M SF of Expirations Ahead for CenterPoint in '04

remstaff &Globe Street | October 28, 2003

OAK BROOK, IL-The largest industrial property owner in the market will see leases on nearly a quarter of its 31.7-million-sf portfolio roll over next year. However, those deals average $3.36 per sf, well below current market rates.

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Multifamily Properties Refinanced at 4.75%

Steadfast Properties Rehabs Office Property

CalPERS Leverages 14 Retail Centers

Dillard's Looks to Join Proposed Mall

Exel Inc. Leases 100,800 SF

KKE Architects Promotes Bill Beaupre To Senior Associate

Banker Sees New Trend in Ownership vs. Leasing

Rocky Mountain Institute Honored

El Paseo Starts Phase II

7M SF of Expirations Ahead for CenterPoint in '04

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