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Promenade Expansion Hooks $104M Loan

remstaff &Globe Street | June 12, 2003

SCOTTSDALE, AZ-The Promenade's owner gets a five-year loan for what is being touted as the largest loan made in the Valley by a single lender. The capital goes to a second phase with 255,000 sf of office space, 80,000 sf of retail and 800 parking spaces.

HVAC Distributor Signs 162,000-SF Lease

remstaff &Globe Street | June 12, 2003

OAKLAND, CA-US Air Conditioning Distributors Inc. leases more than half of a 288,000-sf industrial building on Fairway Drive in San Leandro. It will be used for storage and distribution space and administrative and staff offices.

GMAC Stakes Morgan's PREIT Acquisition

remstaff &Globe Street | June 12, 2003

HORSHAM, PA-The locally based commercial mortgage corporation is not only providing $313 million in debt financing, but it's also making a $90-million equity

Staubach Forms Restaurant, Entertainment Unit

remstaff &Globe Street | June 12, 2003

NEWPORT BEACH, CA-The Texas-based firm uses the Orange County office as the base of operations for the new specialty group, which has been two years in development. Brian Kjos is picked to lead a seven-member team that's expected to grow.

10,000-SF Scott Street Center Fills Last Spot

remstaff &Globe Street | June 12, 2003

HOUSTON-The six-month-old retail property beats the projected lease-up by at least six months. United Equities credits the quick fill to positioning in an area with little new development through the years.

150-Unit Complex Earns $5M-Plus Refinance

remstaff &Globe Street | June 12, 2003

EULESS, TX-AmeriSouth gets a stamp of approval on a repositioning with a 5.5% fixed interest rate from KeyBank on a 10-year loan leveraged by the 94%-occupied Euless Square, a one-time 100% HUD-subsidized holding.

Segale Acquires 120 Acres Adjacent Kent Space Center

remstaff &Globe Street | June 12, 2003

KENT, WA-The property is in The Boeing Co.'s Pacific Gateway Business Park, which is bordered to the west by the Green River. Mario Segale now owns several hundred acres on both sides of the river and is planning a mixed-use development.

RS Information Expands to Maryland

remstaff &Globe Street | June 12, 2003

GAITHERSBURG, MD-Computer engineering company RS Information Systems expands its office space to accommodate a new government contract by taking on a 30,600-sf space in the building at 656 Quince Orchard Rd.

200,000-SF Shopping Center in the Works

remstaff &Globe Street | June 12, 2003

FORT LAUDERDALE-Harbor Shops LLC is developing the $35 million center here in the city's 17th Street Causeway area. Publix has inked a 20-year lease with renewal options to be the center's anchor tenant with a 54,340-sf store planned.

Security Door Maker Signs for 52,780 SF

remstaff &Globe Street | June 12, 2003

GILBERT, AZ-Downsizing by a high-tech firm creates an opportunity for a home security maker to sublease industrial space that more than quadruples its size. The two-year pact is valued at more than $450,000.

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Promenade Expansion Hooks $104M Loan

HVAC Distributor Signs 162,000-SF Lease

GMAC Stakes Morgan's PREIT Acquisition

Staubach Forms Restaurant, Entertainment Unit

10,000-SF Scott Street Center Fills Last Spot

150-Unit Complex Earns $5M-Plus Refinance

Segale Acquires 120 Acres Adjacent Kent Space Center

RS Information Expands to Maryland

200,000-SF Shopping Center in the Works

Security Door Maker Signs for 52,780 SF

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