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Taubman Centers Declares Common & Preferred Dividends

remstaff &Globe Street | September 10, 2003

BLOOMFIELD HILLS, MI-Taubman Center to pay 26-cent dividend on common stock. Taubman's common shares fell eight cents to $20.15 in trading Sept. 9 on the New York Stock Exchange.

15,700-SF Lease Puts Owners in Hold Mode

remstaff &Globe Street | September 10, 2003

FORT WORTH-Cross Cos. decides to pull the industrial building at 3209 Alta Mere Dr. from the "for sale" market now that it's fully leased. The decision-maker is a five-year pact with Consolidated Electrical Distributors Inc.

Midlands Leads the Way in Industrial Growth

remstaff &Globe Street | September 10, 2003

LONDON-The Midlands industrial market is continuing to outperform the rest of the UK according to the latest industrial rent survey from commercial property consultant Atis Real Weatheralls.

New Fairfield Lease Brings Firm's Space at Gran Park to 163,000 SF

remstaff &Globe Street | September 10, 2003

ORLANDO-The locally based time share developer renews a 10-year, 37,906-sf office lease at Flagler Development Co.'s 835,000-sf Gran Park at SouthPark. Flagler signs four other new leases on estimated five-year terms for a total 65,339 sf, bringing the park to 90% occupancy.

Piggly Wiggly Bags Cub Foods Store in Menasha

remstaff &Globe Street | September 10, 2003

MENASHA, WS-The grocery store will replace an existing Piggly Wiggly location less than a half-mile away. Supervalu's exit from the market appears to be in reaction to increased competition from new grocery chains.

Malan Declares Dividend

remstaff &Globe Street | September 10, 2003

BINGHAM FARMS, MI-Malan Realty will pay a 51-cent cash dividend. The company, a self-administered real estate investment trust, will make the distribution in order to maintain the company's status as a real estate investment trust (REIT) under federal tax laws.

Meredith Enterprises Finding Takers for Vacant Properties

remstaff &Globe Street | September 10, 2003

MENLO PARK, CA-The small REIT formerly known as West Coast Realty Investors sells two vacant light industrial properties in August and may well to be holding two more, as two of its properties are currently occupied by businesses involved in bankruptcies.

Inaugural Acquisition for $500M Retail Partnership is 235,000-SF Center

remstaff &Globe Street | September 10, 2003

BRAMPTON, ON-RioCan Real Estate Investment Trust's new partnership with the Ontario Municipal Employees Retirement System and the Teachers Insurance and Annuity Association College Retirement Equities Fund acquires Brampton Super Centre for $26.8 million.

GlobeSt.com EXCLUSIVE: 50,000-SF B-T-S Acreage Acquired

remstaff &Globe Street | September 10, 2003

PLANO, TX-McDowell Packaging & Advertising buys the balance of ProLogis' frontage along Plano Parkway in Research Technology Crossroads in a speedy three weeks of negotiations to cap an 11-month search for an expansion location.

Altman Inks 10-Year Office Lease

remstaff &Globe Street | September 10, 2003

BOCA RATON, FL-Altman Development Corp. will take 12,547 class A sf in the Boca 1515 building here. The company plans to move from within the city early next year. Based on the building's average rental rate, the lease is valued at an estimated $1.88 million triple net.

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Taubman Centers Declares Common & Preferred Dividends

15,700-SF Lease Puts Owners in Hold Mode

Midlands Leads the Way in Industrial Growth

New Fairfield Lease Brings Firm's Space at Gran Park to 163,000 SF

Piggly Wiggly Bags Cub Foods Store in Menasha

Malan Declares Dividend

Meredith Enterprises Finding Takers for Vacant Properties

Inaugural Acquisition for $500M Retail Partnership is 235,000-SF Center

GlobeSt.com EXCLUSIVE: 50,000-SF B-T-S Acreage Acquired

Altman Inks 10-Year Office Lease

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