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Three Memorial City Plaza Honored

remstaff &Globe Street | July 17, 2003

HOUSTON-The 346,414-sf office building becomes Houston's ninth to win the top-ranked TOBY from BOMA International. The 96%-occupied building in the Katy Freeway submarket is owned and managed by Houston-based MetroNational.

$10M Project Targets Small Businesses

remstaff &Globe Street | July 17, 2003

OXNARD, CA-With work just getting under way, three of 14 buildings are already in escrow for Silver Strand Business Center. The 95,617-sf development is bringing out office designs ranging from 5,100 sf to 10,000 sf.

Tysons Corner Hotel Pulls In $10M Financing Package

remstaff &Globe Street | July 17, 2003

VIENNA, VA-The Residence Inn Tysons Corner reels in $10 million in permanent financing from GMAC Commercial Mortgage Corp. According to county records, the hotel has a 2003 assessed value of $11.5 million.

Industrial Users Grab 343,000 SF

remstaff &Globe Street | July 17, 2003

ORANGE COUNTY, CA-A third-party logistics provider and a container company sign leases for 100,000 sf and 243,000 sf, respectively. The long-term pact carries a $3-million value while the short-term deal is pegged at $1 million.

Gramax Building to Evolve into $15M Gramax Apartments

remstaff &Globe Street | July 17, 2003

SILVER SPRING, MD-The 15-story office property once known as the Gramax Building will soon become the Gramax Apartments, as the structure gets redeveloped into a residential dwelling.

Report: Office Vacancy Rises Only Slightly

remstaff &Globe Street | July 17, 2003

SEATTLE-Vacancy in the Puget Sound rose just one-tenth of a percentage point during the second quarter, causing CB Richard Ellis to declare it a sign the market could be stabilizing.

38,000-SF Office Pact Tops '03 Corridor Deals

remstaff &Globe Street | July 17, 2003

PHOENIX-NCS Pearson, a subsidiary of London-based Pearson PLC, signs a five-year office lease valued at $3 million for the Metro North Corporate Park to deliver one of the largest pacts this year for the Interstate 17 corridor.

Taurus Brings In Partner On $25M Deal

remstaff &Globe Street | July 17, 2003

ORLANDO-The Boston-based real estate investment firm and New York-based Greenstreet/Niosi Capital Partners jointly acquire three existing office and flex-space buildings and 27 acres of prime development land in Central Florida Research Park in one of the hottest office submarkets in the metro area.

Newmark NJ Marketing 360,000-SF Building

remstaff &Globe Street | July 17, 2003

EDISON, NJ-The industrial facility, owned by the Mack Co., is divisible to 160,000 sf, so the marketing effort will focus on some very large users.

Cabot Properties Completes $420M Fund

remstaff &Globe Street | July 17, 2003

BOSTON-Cabot Properties Inc., a locally based national real estate investment firm, completes the final closing for the Cabot Industrial Value Fund I. The firm says more than 100 investors committed $420 million to the fund.

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Three Memorial City Plaza Honored

$10M Project Targets Small Businesses

Tysons Corner Hotel Pulls In $10M Financing Package

Industrial Users Grab 343,000 SF

Gramax Building to Evolve into $15M Gramax Apartments

Report: Office Vacancy Rises Only Slightly

38,000-SF Office Pact Tops '03 Corridor Deals

Taurus Brings In Partner On $25M Deal

Newmark NJ Marketing 360,000-SF Building

Cabot Properties Completes $420M Fund

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