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Outstate Deals Performed by Two Firms

remstaff &Globe Street | July 07, 2003

DETROIT-Signature Associates negotiated the sale of the 20,000-sf Trestlebridge American Express building and leased 2,000 sf in the Little Chick Shoe building, both in Kalamazoo. In a separate transaction, Friedman represented Dress Barn in a lease in the new Edelweiss Center in Gaylord.

Merck to Manage Metlife's $30B Real Estate Portfolio

remstaff &Globe Street | July 07, 2003

NEW YORK CITY-MetLife veteran Robert R. Merck has been named to manage the firm's $30 billion portfolio. He has been with MetLife since 1982.

40,000-SF Converted Store Sells Again

remstaff &Globe Street | July 07, 2003

HALTOM CITY, TX-A Fort Worth investor and a defense contractor cut a nine-month sale/leaseback in an all-cash deal for the former Safeway supermarket, converted about three years ago for manufacturing use.

JV Invests in 235,000-SF East End Property

remstaff &Globe Street | July 07, 2003

WASHINGTON, DC-A joint venture involving Lerner Enterprises and Guggenheim Partners-Real Estate Group takes the class A office building at 1275 K St as its own through a recent acquisition deal with seller JBG Cos.

Relocation Reflects OC Industrial Trends

remstaff &Globe Street | July 07, 2003

IRVINE, CA-A Costa Mesa firm will move to an industrial facility at 17192 Daimler in the Irvine Business Center in a $1.3-million lease that puts it into top-quality space at bargain rents in a submarket that's making some positive gains.

Starwood Sells 12 US Hotels, Including Two in CT

remstaff &Globe Street | July 07, 2003

WHITE PLAINS, NY-Starwood Hotels & Resorts Worldwide Inc., as part of its continuing effort to sell some of its non-core hotels to pay off debt, has sold 12 domestic hotels for about $300 million.

45-Acre Industrial Park Nears Start

remstaff &Globe Street | July 07, 2003

HOUSTON-Opus West acquires 15.7 acres with options for the balance of a 45-acre tract in the Houston Medical Center submarket. The 203,760-sf first phase breaks ground in 30 days.

NYU Signs 15-Year Lease for 75,000 SF at Puck Building

remstaff &Globe Street | July 07, 2003

NEW YORK CITY- New York University has signed a 15-year lease for three floors, comprising 75,000 sf of contiguous space, in the historic Puck Building, 295 Lafayette St.

Atlanta Comes in as the 'Big Cheese' in Hotel Affordability

remstaff &Globe Street | July 07, 2003

NEW YORK CITY-Atlanta tops the Jones Lang LaSalle Hotels' "Big Mac Index" as the city with the most affordable hotel rates worldwide. The least affordable cities are London, Paris, Milan, Rome and Prague.

Office Rents Reach New Highs And Lows

remstaff &Globe Street | July 07, 2003

LONDON-They soared in Bournemouth but crashed on the M4. That's the conclusion of Jones Lang LaSalle's bi-annual 50 Centres Guide to prime office rents across the UK

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Outstate Deals Performed by Two Firms

Merck to Manage Metlife's $30B Real Estate Portfolio

40,000-SF Converted Store Sells Again

JV Invests in 235,000-SF East End Property

Relocation Reflects OC Industrial Trends

Starwood Sells 12 US Hotels, Including Two in CT

45-Acre Industrial Park Nears Start

NYU Signs 15-Year Lease for 75,000 SF at Puck Building

Atlanta Comes in as the 'Big Cheese' in Hotel Affordability

Office Rents Reach New Highs And Lows

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