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Surf Industry's Rip Curl Buys 5.2 Acres

remstaff &Globe Street | July 21, 2003

SAN CLEMENTE, CA-The Carlsbad-based marketer of surf-wear and surfboards plans to build an 80,000-sf headquarters in San Clemente Business Park on a 5.2-acre tract, bought for about $2.5 million.

Bedding Firm Settles Into 140,000-SF Building

remstaff &Globe Street | July 21, 2003

CITY OF COMMERCE, CA-Medi-Pedic Bedding Co. more than doubles its space, buying the 140,000-sf building and moving into half of it as an owner-user. The balance of the $4-million purchase is rented.

Auto Supplier Building $10M Facility

remstaff &Globe Street | July 21, 2003

BRIGHTON, MI-New building will be a research and testing center for a Japan-based motor designer. The firm will use about $2.5 million in tax incentives in order to build the project.

38,000-SF Shopping Center Nears Completion

remstaff &Globe Street | July 21, 2003

HOUSTON-The Fiesta at 6, set to deliver in August, has hit the 50% pre-leased mark. Four leases are out for signature and the one that's back is an 8,000-sf Family Dollar, which committed to a 10-year contract.

Denver Sees Headquarters Demand

remstaff &Globe Street | July 21, 2003

DENVER-According to a recent report by Julien J. Studley, Denver has become fertile ground for corporate headquarters citing recent transactions by Gates Corp., Pfizer, and the Sports Authority as good news.

$50M Grant Will Fund Affordable Housing in Lower Manhattan

remstaff &Globe Street | July 21, 2003

NEW YORK CITY- Proclaiming that Lower Manhattan is "where it's at," Mayor Michael Bloomberg, along with Gov. George Pataki and HUD secretary Mel Martinez, announced an initiative to bring more affordable housing to the Downtown area.

Vue Selects Interior Designer for Luxury Community

remstaff &Globe Street | July 21, 2003

FORT LAUDERDALE. FL-Interiors by Steven G., based here, will design the sales center and the public spaces for Vue Residences & Beach Club, a luxury oceanfront condominium community that will consist of two 78-unit buildings.

Inland Empire Posts State's Lowest Vacancy

remstaff &Globe Street | July 21, 2003

ONTARIO, CA-The Grubb & Ellis report on second-quarter activity shows the office vacancy rate at 10.4% in the 16.2-million-sf inventory, down from 13.1% a year ago and 13.7% in the first quarter. The rest of the good news is average rents showed a slight gain.

Bedford Reports Flat FFO for Q2, 27% Drop in Net Income

remstaff &Globe Street | July 21, 2003

LAFAYETTE, CA-The Lafayette-based REIT said it renewed 23 of 27 expiring leases during the second quarter at an average lease rate that was 9.4% below the average rate of the expiring leases.

$5M, 48-Unit Townhome Project Revs Up

remstaff &Globe Street | July 21, 2003

GRAND PRAIRIE, TX-Equity Home Group, a traditional single-family developer, is pushing a third multifamily development in the Grand Prairie-Arlington corridor. The St. Louis Townhomes at 3511 S. Watson will break ground in October.

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Surf Industry's Rip Curl Buys 5.2 Acres

Bedding Firm Settles Into 140,000-SF Building

Auto Supplier Building $10M Facility

38,000-SF Shopping Center Nears Completion

Denver Sees Headquarters Demand

$50M Grant Will Fund Affordable Housing in Lower Manhattan

Vue Selects Interior Designer for Luxury Community

Inland Empire Posts State's Lowest Vacancy

Bedford Reports Flat FFO for Q2, 27% Drop in Net Income

$5M, 48-Unit Townhome Project Revs Up

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