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33 Acres Sold; Medical, Retail Complex Planned

remstaff &Globe Street | July 29, 2003

NAPLES, FL-Hammock Woods LLC of Fort Myers paid $12.4 million to Alanda Ltd. for the property here and is planning to develop it into a 181,000-sf medical office park and about 150,000 sf of retail space.

Tenant's $740,000 Drives Status Change

remstaff &Globe Street | July 29, 2003

PHOENIX-E&T acquires the 7,400-sf Caliber Building, which it shares with the Valley Partnership and Physicians Physical Therapy. The fully leased building at 4520 N. 12th St. with 1031 Exchange money.

GlobeSt.com UPDATE: PREIT Completes Sale of Two Multifamily Assets

remstaff &Globe Street | July 29, 2003

PHILADELPHIA-King of Prussia, PA-based Morgan Properties assumes the remaining wholly owned properties in the REIT's 19-property portfolio for approximately $81.4 million, including $33.8 million in debt. PREIT expects to complete the sale of two remaining joint-venture multifamily assets this quarter.

Compass Bank Opens Phoenix Fifth Center

remstaff &Globe Street | July 29, 2003

PHOENIX-The newest location in the metro expansion is One Compass Center at 48th Street and University Drive. The facility is a business banking center that targets business owners with annual revenues of $2.5 million to $20 million.

Two Leases Total More than 200,000 SF at 111 Eighth

remstaff &Globe Street | July 29, 2003

NEW YORK CITY-111 Eighth Ave. is proving to be a popular address as Deutsch Inc. renews and increases its space and DoubleClick relocates its headquarters in the 15-story building.

Starwood Agrees to Sell Two Hotels to CNL for $104M

remstaff &Globe Street | July 29, 2003

WHITE PLAINS, NY-Starwood Hotels & Resorts Worldwide signed a binding agreement to sell two hotels in Maryland and Virginia to CNL Hospitality Properties Inc. for $104 million. Starwood says it is in "advanced" negotiations to sell two other domestic hotels to CNL.

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33 Acres Sold; Medical, Retail Complex Planned

Tenant's $740,000 Drives Status Change

GlobeSt.com UPDATE: PREIT Completes Sale of Two Multifamily Assets

Compass Bank Opens Phoenix Fifth Center

Two Leases Total More than 200,000 SF at 111 Eighth

Starwood Agrees to Sell Two Hotels to CNL for $104M

Glasgow Harbour Sells pounds 40M in First Weekend

Corporation Buys Site with $3M in Financing

Distribution Facility Leased in Vernon

Study Urges Comprehensive vs. Case-by-Case Office-Sector Expansion

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