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Jameson Follows Industry Trend with Slight Revenue Dip in June

remstaff &Globe Street | July 17, 2003

ATLANTA-The locally based REIT, owner of the Jameson Inn and Signature Inn economy brand, also reports the average daily rate decreased by 75 cents while occupancy rose 0.3% from June 2002.

I-39 Now on Developers' Maps

remstaff &Globe Street | July 17, 2003

ROSEMONT, IL-The I-39 Logistics Corridor Association touts its strategic location, an airport already busy with freight activity and warehouse net lease rates as low as $1.75 per sf at its second Expo here.

$9M Leases 75,000 SF of Office Space

remstaff &Globe Street | July 17, 2003

WOODLAND HILLS, CA-Three tenants renew and a new one moves into the Warner Center Business Park. The University of Phoenix signs the largest lease, a renewal for 33,926 sf that serves as one of 128 campuses in its 26-state network.

Strapped Office Tenant Finds $7M Cure

remstaff &Globe Street | July 17, 2003

PLANO, TX-Metromedia clears $5 million from a $7-million lease obligation by assigning 58,000 sf of class A space at below-market rates to Tyler Technologies. The deal hinged on blessings for a 10-year package that doesn't bump until March 31, 2008.

London & Associated Buys 350,000-SF St Helens Mall

remstaff &Globe Street | July 17, 2003

LONDON-Analytical Properties, the joint venture between London & Associated Properties and Bank of Scotland, has bought the 350,000-sf Church Square Shopping Centre in St Helens, Lancashire, from The Oldham Estate Company for pounds 50 million ($80 million).

Eastern Consolidated Completes Trio of Sales

remstaff &Globe Street | July 17, 2003

NEW YORK CITY-Eastern Consolidated has completed three sales--one for land beneath 88 Pine St. and the others for residential properties on the Upper East Side and in Queens--totaling nearly $17 million.

Laramie Co. To Lease 200,000-SF Shopping Center

remstaff &Globe Street | July 17, 2003

CENTENNIAL, CO-Glenbrook Capital Partners retained Laramie to lease the lifestyle, grocery-anchored center that is part of a 138-acre, mixed-use project that will include 600 new housing units.

Lexicon Takes 19,100 SF of Flex Space

remstaff &Globe Street | July 17, 2003

BILLERICA, MA-Lexicon Inc., a Harman International Co., leases 19,100 sf of flex space at 16 Progress Rd. The company, which specializes in digital audio, already has a facility in nearby Bedford and took this space for expansion purposes.

White Plains Apartment Complex Sells for Reported $19M

remstaff &Globe Street | July 17, 2003

WHITE PLAINS, NY-A subsidiary of Korman Communities Inc. of Plymouth Meeting, Pa., has acquired the 124-unit luxury rental Lexington Place Apartments complex (formerly Plaza 25) here in a deal sources say is valued at approximately $19 million.

Rents Rising at LA County's Large Complexes

remstaff &Globe Street | July 17, 2003

LOS ANGELES-The county sets the pace for the western region with a $22 increase in the average monthly rent, but ranks second in percentage increase. The quarterly rent report pegs the LA average at $1,326 per month at complexes with more than 100 units.

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Jameson Follows Industry Trend with Slight Revenue Dip in June

I-39 Now on Developers' Maps

$9M Leases 75,000 SF of Office Space

Strapped Office Tenant Finds $7M Cure

London & Associated Buys 350,000-SF St Helens Mall

Eastern Consolidated Completes Trio of Sales

Laramie Co. To Lease 200,000-SF Shopping Center

Lexicon Takes 19,100 SF of Flex Space

White Plains Apartment Complex Sells for Reported $19M

Rents Rising at LA County's Large Complexes

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