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Mayor Names Raffesberger to CCDC Board

remstaff &Globe Street | June 30, 2003

SAN DIEGO-Business consultant and attorney Wayne Raffesberger joins the Centre City Development Corp. Board of Directors. As a board member, he will assist with negotiations and recommendations regarding property and project areas, redevelopment plans and implementation strategies.

Chesterton Bid Goes Unconditional

remstaff &Globe Street | June 30, 2003

LONDON-Mohammad Jafari-Fini's bid for troubled property consultancy Chesterton has gone unconditional. His first move has been to bring in ex-Insignia director Ted Webster to head the commercial division.

Cousins Adds Shares of Preferred Stock

remstaff &Globe Street | June 30, 2003

ATLANTA-The locally-based REIT, which has been trading on the New York Stock Exchange since 1962, has updated its SEC registration statement which now registers debt securities, common stock and warrants to purchase common stock and has about $130 million available.

Davlyn Puts Up $24M for 208 Units

remstaff &Globe Street | June 30, 2003

RIVERSIDE, CA-The San Diego-based investment firm acquires the three-year-old Estancia Apartments from a Riverside seller. The 95%-occupied asset sits on 12 acres and comes with "a host of institutional-grade amenities," the buyer says.

CB Richard Ellis Replaces Trammell Crow for 33 Arch St.

remstaff &Globe Street | June 30, 2003

BOSTON-Trammell Crow Co. is being replaced by CB Richard Ellis as exclusive leasing agent for 33 Arch St., a 600,000-sf tower in the city's financial district that is scheduled for completion early next year and has yet to sign a single tenant.

$86M Buys Eight-Property Industrial Portfolio

remstaff &Globe Street | June 30, 2003

SAN DIEGO-RREEF America REIT II purchases the 828,315-sf portfolio from a group of Westcore Industrial Properties subsidiaries. The newly acquired assets range from corporate headquarters and R&D facilities to multi-tenant industrial product.

Stair-Step Pact Corners 16,500-SF Tenant

remstaff &Globe Street | June 30, 2003

FARMERS BRANCH, TX-Custom Millwork Inc. has tripled the operations area with a long-term lease at a $3.45 per sf gross start for industrial space at 13777 Bee St. The custom finish-out company for restaurants took "as-is" space that it's now upgrading.

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Mayor Names Raffesberger to CCDC Board

Chesterton Bid Goes Unconditional

Cousins Adds Shares of Preferred Stock

Davlyn Puts Up $24M for 208 Units

CB Richard Ellis Replaces Trammell Crow for 33 Arch St.

$86M Buys Eight-Property Industrial Portfolio

Stair-Step Pact Corners 16,500-SF Tenant

Delray Beach Plaza Sells for $6.85M

$24M Mixed-Use Project Now Rising in Uptown

Trammell Crow Beefs Up Industrial Team

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