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New South Carolina Hotel Properties Financed for $25M

remstaff &Globe Street | June 23, 2003

CHARLESTON, SC-Hotels in the historic district of the city earn high marks from GMAC mortgage officials, who say that the city seems to have escaped the hospitality market problems. The loan is for City Market Hotel Associates' two adjoined hotel properties on Church and Hayne streets.

$5M Sale Closes Out Reverse 1031 Exchange

remstaff &Globe Street | June 23, 2003

CHATSWORTH, CA-The seller had previously acquired a House2Home property in Canoga Park after the retailer's bankruptcy. The eight-year-old building brings in $5,000 more than the asking price.

Aderans Quadruples Space at Science Center

remstaff &Globe Street | June 23, 2003

PHILADELPHIA-The pioneering researcher in the growth and regeneration of hair will move from 1,000 sf in the Port Building to a 4,000-sf, custom-designed lab at the newly renovated 3401 Market St. building. The 10-year lease is valued at $1 million.

Kushner Buys Mixed Portfolio for $40M

remstaff &Globe Street | June 23, 2003

FLORHAM PARK, NJ-The assets, which include 537 apartments, several commercial buildings and more than 100 acres for future development, are scattered across New Jersey, plus two buildings in Philadelphia.

REBNY Honors 2002 Retail Deals

remstaff &Globe Street | June 23, 2003

NEW YORK CITY-The most creative and most beneficial retail deals in Manhattan and the Outer Boroughs were honored by REBNY at a recent awards gala.

Food Network to Take 106,000 SF in Chelsea Market

remstaff &Globe Street | June 23, 2003

NEW YORK CITY-Food Network is packing up its pots and pans and moving to Chelsea, as first reported by GlobeSt.com at the end of April.

$3.7M Seals 24-Unit Multifamily Deal

remstaff &Globe Street | June 23, 2003

HUNTINGTON BEACH, CA-A Santa Monica family trust buys the three-building complex near Pacific Coast Highway from its owner of 16 years. The fully occupied development, built in 1975, has units with monthly rents of $1,200 to $1,850.

Newmark Expands By Three

remstaff &Globe Street | June 23, 2003

SAN DIEGO-The brokerage adds three to the ranks of its San Diego office, part of what it says will be a continuing expansion.

Fantasy of the Ocean Plans Fall Ground-Breaking

remstaff &Globe Street | June 23, 2003

SUNNY ISLES BEACH-The $50 million, 21-story oceanfront tower will be a condominium hotel managed by Hilton. Units sell for $345,000 to about $645,000, with penthouses starting at $1.5 million. The project is scheduled to be completed in early 2005.

William Gallagher Associates Takes 45,152 SF at Independence Wharf

remstaff &Globe Street | June 23, 2003

BOSTON-In one of the downtown area's largest leases of the year, William Gallagher Associates leases 45,152 sf in Independence Wharf, a 14-story 336,725-sf office building that has only had about 25% of its space occupied.

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New South Carolina Hotel Properties Financed for $25M

$5M Sale Closes Out Reverse 1031 Exchange

Aderans Quadruples Space at Science Center

Kushner Buys Mixed Portfolio for $40M

REBNY Honors 2002 Retail Deals

Food Network to Take 106,000 SF in Chelsea Market

$3.7M Seals 24-Unit Multifamily Deal

Newmark Expands By Three

Fantasy of the Ocean Plans Fall Ground-Breaking

William Gallagher Associates Takes 45,152 SF at Independence Wharf

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