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Woody Heller Joins Studley

remstaff &Globe Street | September 23, 2003

NEW YORK CITY-The rumor mill was flying all summer long about where super broker Woody Heller would wind up and now it's official. He's joined tenant rep firm Studley.

Spieker Bosses Leave EOP Board to Launch Company

remstaff &Globe Street | September 23, 2003

CHICAGO-Former Spieker Properties Inc. co-CEOs John A. Foster and Craig G. Vought leave for Palo Alto, CA, to form Broadreach Capital Partners, which will mine the West Coast for commercial real estate investments.

Downtown Parcel Sells for $2M Per Acre

remstaff &Globe Street | September 23, 2003

ATLANTA-Apartment developer Novare Group pays locally based Peachtree Portal LP/TCW Realty Advisors $8.2 million, or about $50 per sf for a nearly 3.8-acre site in one of the highest-priced per-acre dirt deals done this year in the central business district.

Cliffbridge Manor Sells for $10M

remstaff &Globe Street | September 23, 2003

SAN DIEGO-Local private investor Daniel J. Furlan acquires the apartment asset with plans to convert the property's 60 units into condominiums. The complex is one of numerous apartment properties awaiting condo conversions in San Diego County.

Crescent's Karen Addison Joins CREW's Board

remstaff &Globe Street | September 23, 2003

DENVER-Addison, property manager for the Ptarmigan Place office tower in Cherry Creek, is now a member of the Board of Directors for the National Commercial Real Estate Women.

Billiards Distributor Renews, Expands

remstaff &Globe Street | September 23, 2003

HOUSTON-Presidential Billiards adds 4,320 sf in working up a new long-term lease for 21,585 sf or 74% of an office/warehouse at 9391 Grogan's Mill Rd. The import company holds a spot close to employees and the Port of Houston.

$19M Loan Fuels 676,000-SF Victoria Mall Buy

remstaff &Globe Street | September 23, 2003

VICTORIA, TX-Buyer Hull Storey Retail Group of Augusta, GA marks its Texas entrance with the purchase of 446,000 sf of 88%-leased retail space and gets binding ties to another 230,000 sf in anchor sites owned by Dillard's and JCPenney.

17,929-SF Retail Sale Closes with $3M Loan

remstaff &Globe Street | September 23, 2003

DALLAS-A Dallas seller and a Fort Worth buyer close the deal in a start to finish of six weeks, with Lehman Brothers putting up the 10-year financing at a 75% loan-to value-ratio and 6.57% interest rate. The traded asset is the 17,929-sf Skillman Towne Crossing.

Irish Developer Moves on Swansea

remstaff &Globe Street | September 23, 2003

LONDON-Irish developer Niall J Mellon has unveiled plans for a pounds 40 million ($66.1 million) residential tower on the waterfront at Swansea, South Wales.

304-Unit Project Gets $27M from MassHousing

remstaff &Globe Street | September 23, 2003

WEYMOUTH, MA-Avalon Ledges, a 304-unit mixed-income apartment community built last year by AvalonBay Communities Inc gets a $27.2 million loan commitment from the state's affordable housing bank.

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Woody Heller Joins Studley

Spieker Bosses Leave EOP Board to Launch Company

Downtown Parcel Sells for $2M Per Acre

Cliffbridge Manor Sells for $10M

Crescent's Karen Addison Joins CREW's Board

Billiards Distributor Renews, Expands

$19M Loan Fuels 676,000-SF Victoria Mall Buy

17,929-SF Retail Sale Closes with $3M Loan

Irish Developer Moves on Swansea

304-Unit Project Gets $27M from MassHousing

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