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1221 Corp. Grabs Downtown Property for $9M

remstaff &Globe Street | October 10, 2003

MIAMI-The property, in a market where development is exploding, is zoned for a major commercial or high-rise residential project. The new owner, which purchased the property as an investment, probably will consider developing the property, a broker says, but did not know its plans at press time.

Board Approves $70M Redevelopment Project

remstaff &Globe Street | October 10, 2003

HAMILTON TWP., NJ-PREI will turn the abandoned 112-acre American Standard site into 472,000 sf of office space and subdivide the remaining tract for other uses.

Brown Hill Plans 30-Unit Condo in Old City

remstaff &Globe Street | October 10, 2003

PHILADELPHIA-Prices for units in Old City 108, a 12-story condo building at 108 Arch St., begin at $330,000 and top off with two $1.9-million penthouses. Seven units, including one penthouse, have buyers.

10-Year, $4M Lease on Tap for Medical Imaging Center

remstaff &Globe Street | October 10, 2003

SANTA MONICA, CA-Steady growth of its medical imaging services has prompted the expansion of the Medical Imaging Center of Southern California. The local center added 6,800 sf and three years to its existing seven-year lease for a total outlay of $4 million.

Hammerson Wins Planning Consent for Gloucester Retail Park

remstaff &Globe Street | October 10, 2003

LONDON-Planning consent for St Oswald's Park, Hammerson's 370,000-sf mixed-use project in Gloucester, has been confirmed by Deputy Prime Minister John Prescott following a public inquiry.

Rice Takes VP Slot at Crescent

remstaff &Globe Street | October 10, 2003

FORT WORTH-Jeanette I. Rice, formerly a Lend Lease principal and senior analyst, is settling into her new job at Crescent, where she fills a key role for strategic analysis and institutional funds management initiatives.

Deals Push 33 N. LaSalle Occupancy to 92%

remstaff &Globe Street | October 10, 2003

CHICAGO-The Institute for the International Education of Students signs a renewal and expansion to 28,550 sf, the largest among 74,000 sf of deals at the building owned by Golub & Co. and Praedium Opportunity Fund II.

Dakota Buyer Gets Retail Center

remstaff &Globe Street | October 10, 2003

VICTORVILLE, CA-The investor from North Dakota acquires Carriage Square, a 21,568-sf shopping center, for $2.1 million.

Precision Tune Expands with 60-Month Lease

remstaff &Globe Street | October 10, 2003

SAN DIEGO-The auto repair chain signs a lease agreement with landlord Gas Plus for 5,240 sf in the city. Located at 3425 Midway Dr., the newly leased space includes four service bays.

$10M in Financing for Historic Apartment Complex

remstaff &Globe Street | October 10, 2003

NEW ORLEANS-The Woodward Wight Building is a 192-unit, 211,000-sf building on approximately 1.5 acres adjacent to the CBD. The loan was funded through Freddie Mac's Bond Credit Enhancement program.

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1221 Corp. Grabs Downtown Property for $9M

Board Approves $70M Redevelopment Project

Brown Hill Plans 30-Unit Condo in Old City

10-Year, $4M Lease on Tap for Medical Imaging Center

Hammerson Wins Planning Consent for Gloucester Retail Park

Rice Takes VP Slot at Crescent

Deals Push 33 N. LaSalle Occupancy to 92%

Dakota Buyer Gets Retail Center

Precision Tune Expands with 60-Month Lease

$10M in Financing for Historic Apartment Complex

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