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Company Bags Shopping Center Redevelopment Job

remstaff &Globe Street | July 11, 2003

LANSING, MI-Broder & Sachse will handle leasing and redevelopment of 276,000-sf Logan Square shopping center for a private investor.

Remote Sensing Company Vexcel Buys Building

remstaff &Globe Street | July 11, 2003

BOULDER, CO-Going against the recessionary grain, a locally based company has bought a building here to accommodate its growth.

Office Pacts Land in Phoenix, Scottsdale

remstaff &Globe Street | July 11, 2003

PHOENIX-The firm of Parker and Thompson settle on 3,740 sf in a mid-term lease for a Phoenix office building at 141 E. Palm Lane. In Scottsdale, Larson Engineering takes 3,029 sf in the Scottsdale Financial Center.

240,600-SF Assignment Changes Hands

remstaff &Globe Street | July 11, 2003

COPPELL, TX-Transwestern Commercial Services gets back a project it developed, Coppell Commerce Center, to carry it to lease-up. The chase begins with free rent, trips and a quote of $9 per sf net in a three-year-old development that's 78% filled.

Magna International Spinning Off $1.1B Real Estate Unit

remstaff &Globe Street | July 11, 2003

AURORA, ONTARIO-Magna International proposes to spin off to its shareholders 100% of MI Developments, which would own substantially all of Magna's automotive real estate in addition to Magna's interest in Magna Entertainment Corp., North America's largest owner and operator of horse racetracks.

Plant May Become Mixed-use Development

remstaff &Globe Street | July 11, 2003

ANN ARBOR, MI-Eaton Corp. is selling a five-story industrial plant by the sealed bid process. The city wants to designate the land as residential in order to create more housing for the University of Michigan college crowd.

State Farm Sells Building for $1.35M

remstaff &Globe Street | July 11, 2003

MIAMI-Alan Roscoe paid $135 per sf for the 10,000-sf building here. He plans to relocate his law firm to the 19-year-old building, which was on the market for 30 days.

Wal-Mart Strikes Out Again in Oviedo

remstaff &Globe Street | July 11, 2003

ORLANDO-The world's largest retailer lost a second bid in the last 18 months to build a $28 million, 230,000-sf Supercenter in one of Orlando's affluent suburbs after residents' pleas convinced a Seminole County planning board to reject the project.

Engineering Firm Moves to 9,600-SF Office Downtown

remstaff &Globe Street | July 11, 2003

NEW YORK CITY-Current incentive programs offered by the government have encouraged Horizon Engineering Associates LLP to move to Downtown.

Cooling Plant Construction Nears Completion

remstaff &Globe Street | July 11, 2003

SAN DIEGO-Construction of the East Village District Cooling Plant has surpassed the halfway mark, with completion slated for September 2, 2003. Starting in December of this year, the 5,040-sf facility will provide permanent chilled water service to Petco Park, the Omni San Diego Hotel and other ancillary developments in the East Village.

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Company Bags Shopping Center Redevelopment Job

Remote Sensing Company Vexcel Buys Building

Office Pacts Land in Phoenix, Scottsdale

240,600-SF Assignment Changes Hands

Magna International Spinning Off $1.1B Real Estate Unit

Plant May Become Mixed-use Development

State Farm Sells Building for $1.35M

Wal-Mart Strikes Out Again in Oviedo

Engineering Firm Moves to 9,600-SF Office Downtown

Cooling Plant Construction Nears Completion

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