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Strategic Hotel Capital Sells Paris Marriott Freehold, Retains Leasehold

remstaff &Globe Street | July 28, 2003

PARIS-The hotel is on the Champs Elysies. The buyer is Hamburg-based Deutsche Immobilien Fonds AG. Strategic Hotel Capital retains the leasehold, which is subject to a long-term management agreement with Marriott International.

Law Firm Expands With 100,000-SF Houston CBD Lease

remstaff &Globe Street | July 28, 2003

HOUSTON-Akin Gump Strauss Hauer & Feld adds about 30,000 sf to take one-fifth of the class A space now being emptied by Reliant Resources at 1111 Louisiana St. The long-term lease fills four floors amid talks for more backfill tenants.

Quakertown Facility Offered at $78.26 Per SF

remstaff &Globe Street | July 28, 2003

QUAKERTOWN, PA-Asking price for the two-story, 46,000-sf property at 1900 AM Drive here, being marketed as a corporate headquarters, is $3.6 million. The leasing option is $17.50 per sf, plus utilities. The property is adjacent to 61 vacant acres.

Accounting Firm Counts on 15,000 SF for Next 10 Years

remstaff &Globe Street | July 28, 2003

VIENNA, VA-The new 220,000-sf, class A office property at 1934 Old Gallows Rd. welcomes a new tenant with accounting firm Cherry, Bekaert & Holland LLP's recent leasing of 15,000 sf of space for a 10-year term.

Building Owner Offering 10 Years Rent Free to Right Restaurateur

remstaff &Globe Street | July 28, 2003

SPOKANE, WA-Locally based ConoverBond Development is looking for a restaurant that wants to utilize a basement location in an historic seven-story office building in Downtown Spokane.

Far West Suburb Sees Industrial Sales Action

remstaff &Globe Street | July 28, 2003

ST. CHARLES, IL-H.A. Phillips & Co. pays less than $50 per sf for a building sitting on 3.8 acres at 1775 Wallace Ave. in St. Charles Business Park. Also, First Industrial Realty Trust sheds a 50,400-sf asset at 3632 Stern Ave.

Annexation Ballot for 3 Properties Set for Aug. 5

remstaff &Globe Street | July 28, 2003

ROYAL OAK TOWNSHIP, MI-Building owners want to flee the township because of 40 mills tax rate and poor services. Issue will be decided by the voters.

Workspace Buys Poplar Business Park for Pounds 16.1M

remstaff &Globe Street | July 28, 2003

LONDON-Workspace Group, the specialist provider of small business accommodation in London and the South East, has bought the Poplar Business Park, Prestons Road,London E14 for #16.1 million ($26 million).

Hickenlooper and Owens Travel to California

remstaff &Globe Street | July 28, 2003

DENVER-Denver Mayor John Hickenlooper and Gov. Bill Owens are putting their differences aside for a trip to northern California in hopes of bringing and retaining jobs in Colorado. First stop will likely be PeopleSoft, considering its merger with J.D. Edwards has left its future in Colorado up in the air.

Henry S. Miller Commercial Gets Key Corner

remstaff &Globe Street | July 28, 2003

FLOWER MOUND, TX-The Flower Mound intersection is a rare find in today's market: four undeveloped hard corners primed for retail. The Miller team gets one corner, eight acres for a 36,000-sf center that already has more letters of intent than space.

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