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Private Purchaser in pounds 11-M Corby Deal

remstaff &Globe Street | June 30, 2003

LONDON-Deutsche Property Ventures Fund No 1, managed by Deutsche Property Asset Management, has sold the freehold investment of Phase 3, Corby Eurohub, Corby, Northamptonshire to a private investor for pounds 11 million.

Insurance Firm Takes 27,831 SF in Spring Lake

remstaff &Globe Street | June 30, 2003

ITASCA, IL-Euclid Insurance Services Inc. signs a 12-year deal at 234 Spring Lake Dr. in Panattoni Development Co.'s Spring Lake Executive Campus.

37-Story Apartment Tower to be Constructed Downtown

remstaff &Globe Street | June 30, 2003

NEW YORK CITY- In the first construction contract let since Sept. 11, 2001, the Battery Park City Authority has approved a 37-story, environmentally "green" condominium apartment tower next to the Ritz Carlton Hotel on Little West Street.

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remstaff &Globe Street | June 30, 2003

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Partnership Will Build New 120-Key Residence Inn

remstaff | June 30, 2003

PRINCETON, NJ-Paramount Hotel Group is teaming up with a local private investment group to introduce the brand to this prestigious market. The property will be located within the two million-sf Carnegie Center Office Park.

TDK's Move Keeps Company in Kensington

remstaff &Globe Street | June 30, 2003

MOUNT PROSPECT, IL-The 43,250-sf deal between the Japanese electronics company and CalEAST Industrial Investors, LLC is worth more than $4.5 million. TDK Corporation of America will relocate to 1221 Business Center Dr.

Coreland Lands 1.2M-SF Assignment

remstaff &Globe Street | June 30, 2003

TUSTIN, CA-Coreland Cos. will take over property management at the 938,000-sf Southbay Pavilion mall, plus other retail centers and some office properties. Coreland's Sharron King will oversee a team of seven for the Southbay assignment.

$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.

WestCoast Hospitality Completes $55M Mortgage Refinancing

remstaff &Globe Street | June 30, 2003

SPOKANE, WA-Secured by 10 hotel properties, the 10-year loan from Column Financial Inc. has an interest rate of 6.7% and a 25-year amortization. The money will be used to pay down debt.

New Mexico Supplier Opens Houston Shop

remstaff &Globe Street | June 30, 2003

HOUSTON-IBS Industrial of Las Cruces marks its inroad with a 9,973-sf lease for 3709 Lapas Dr. in the southeast submarket. The industrial products supplier signs a medium-term lease for about half of a two-building complex along Lapas Drive.

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Private Purchaser in pounds 11-M Corby Deal

Insurance Firm Takes 27,831 SF in Spring Lake

37-Story Apartment Tower to be Constructed Downtown

TEST

Partnership Will Build New 120-Key Residence Inn

TDK's Move Keeps Company in Kensington

Coreland Lands 1.2M-SF Assignment

$86M Buys Eight-Property Industrial Portfolio

WestCoast Hospitality Completes $55M Mortgage Refinancing

New Mexico Supplier Opens Houston Shop

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