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CT Realty Hawks Fourth Office Property

remstaff | June 23, 2003

SANTA ANA, CA-The $2.2-million sale is the third disposition in the office portfolio since CT acquired it from Newport Federal in 2001, with the fourth under contract. The 18,126-sf Boardwalk is an 82%-leased building that went to two private investors.

Hilton Opening 14 New Properties in Asia Pacific Region

remstaff &Globe Street | June 23, 2003

SINGAPORE-Threat of SARS and the war in Iraq will not stop the company's pledge to build a hotel where customers want to go, says the firm's president.

Auction Method Chosen to Move Condo Sales

remstaff &Globe Street | June 23, 2003

CHARLEVOIX, MI-Developers decide to use the auction process to jump start sales in order to get on with Phase II of the project located in northern Michigan.

Hilton Idea Follows Successful Willits Project

remstaff &Globe Street | June 23, 2003

BIRMINGHAM, MI-A new 105-room hotel could be built at Woodward and Maple at the entrance to the downtown area, bulldozing a closed Sunoco gas station and a popular hamburger joint. Developers are requesting a fifth floor to have up to 12 high-end multifamily units.

DIA Partnership Hosts Awards Luncheon

remstaff &Globe Street | June 23, 2003

DENVER-The luncheon, attended by more than 500 people, honored Mayor Webb's 12 years in office crediting him for business development and growth in the Denver International Airport district. Five projects were also recognized.

FelCor Casts $200M Safety Net With Debt Facility

remstaff &Globe Street | June 23, 2003

IRVING, TX-The REIT puts up 13 hotels with 3,400 rooms as security for the JPMorgan Chase funds. FelCor says it's building fiscal flexibility for capital expenditures and an October 2004 due date on senior notes.

Law Firm Renews 156,636-SF Lease

remstaff &Globe Street | June 23, 2003

ATLANTA-Smith, Gambrell & Russell LLP has decided to remain in Midtown at its Promenade II quarters for another 18 years, according to Equity Office Properties Trust of Chicago.

Acadia Realty Trust Relocates from LI to Westchester

remstaff &Globe Street | June 23, 2003

WHITE PLAINS, NY-Acadia Realty Trust, a retail REIT, has relocated its corporate headquarters from Port Washington on Long Island to more than 20,000 sf of sublease space at 1311 Mamaroneck Ave. here.

Orion Signs For New Space

remstaff &Globe Street | June 23, 2003

RICHMOND, CA-The third-party logistics provider will convert a former Crown Cork & Seal manufacturing facility into warehouse and distribution space.

Weitz Executive Appointed to BVA Board

remstaff &Globe Street | June 23, 2003

PHOENIX-Clay Wells, business development manager, is selected for a three-year term on the board of directors for the Business Volunteers for the Arts, a non-profit group linking businesses with such Valley organizations as the Phoenix Boys Choir.

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CT Realty Hawks Fourth Office Property

Hilton Opening 14 New Properties in Asia Pacific Region

Auction Method Chosen to Move Condo Sales

Hilton Idea Follows Successful Willits Project

DIA Partnership Hosts Awards Luncheon

FelCor Casts $200M Safety Net With Debt Facility

Law Firm Renews 156,636-SF Lease

Acadia Realty Trust Relocates from LI to Westchester

Orion Signs For New Space

Weitz Executive Appointed to BVA Board

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