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SL Green Will Acquire 461 Fifth Ave. for $62.3M

remstaff &Globe Street | July 22, 2003

NEW YORK CITY-REIT SL Green Realty Corp. purchases leasehold interest in 461 Fifth Ave. for $62.3 million from a Mitsui Fudosan America Inc. affiliate.

Maricopa County Health Team Takes 7,172 SF

remstaff &Globe Street | July 22, 2003

PHOENIX-The public health and bio-medical department will shift the administrative offices to the Good Samaritan Professional Building. The five-year lease carries an $18.50 per sf rate.

$5.5M Nets Atrium I Office Building

remstaff &Globe Street | July 22, 2003

CARLSBAD, CA-Forest W. Brehm of The Brehm Cos. picks up the 28,574-sf building, which stands at 2714 Loker Ave. West. The buyer plans to move into the facility's entire third floor, which encompasses 10,130 sf.

Aramark Lays Foundation for Facility in the Stockyards

remstaff &Globe Street | July 22, 2003

CHICAGO-The $23-million facility is being built on the historic site of the former International Amphitheater. The project will retain 300 jobs for the city.

LNR, Lennar Entity Agrees to Acquire California Company

remstaff &Globe Street | July 22, 2003

MIAMI-The transaction with The Newhall Land and Farming Co. would be in the form of a merger. It is subject to certain approvals and is expected to close by mid-2004.

Old, New Projects Advance in Suburb

remstaff &Globe Street | July 22, 2003

LOMBARD, IL-An attorney from a Chicago corporate real estate firm now leads the board overseeing a $6-million renovation of the DuPage Theatre, while land is acquired here for a $120-million convention center.

HPT Buys Seven Hotels for $65M

remstaff &Globe Street | July 22, 2003

NEWTON, MA-Hospitality Properties Trust acquires seven Candlewood Suites Hotels for $65 million. The hotels have 888 suites and are located in six states across the country.

Two New Projects Opening in Timbercreek

remstaff &Globe Street | July 22, 2003

NOVI, MI-The corporate park experiences expansion with the opening of a new two-story bank credit union headquarters and a 107-room extended-stay hotel now under construction. The park is adjacent to the 760,000 sf Fountain Walk entertainment and retail center.

Studio Daniel Libeskind Leases Downtown HQ Space

remstaff &Globe Street | July 22, 2003

NEW YORK CITY-World Trade Center site designer Daniel Libeskind is relocating his studio's headquarters from Berlin to Lower Manhattan. The architect's firm will occupy 17,400 sf at 2 Rector St., in view of Ground Zero.

Two Office Buildings Net $9.7M

remstaff &Globe Street | July 22, 2003

IRVINE, CA-Professional Real Estate Services Inc. of Newport Beach buys adjacent properties, which total 66,363 sf, from Colton Corp. of Irvine. The two buildings, built in1979, were about 85% occupied at sale time.

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SL Green Will Acquire 461 Fifth Ave. for $62.3M

Maricopa County Health Team Takes 7,172 SF

$5.5M Nets Atrium I Office Building

Aramark Lays Foundation for Facility in the Stockyards

LNR, Lennar Entity Agrees to Acquire California Company

Old, New Projects Advance in Suburb

HPT Buys Seven Hotels for $65M

Two New Projects Opening in Timbercreek

Studio Daniel Libeskind Leases Downtown HQ Space

Two Office Buildings Net $9.7M

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