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Class A Multifamily Asset Brings About $24M

remstaff &Globe Street | June 11, 2003

HOUSTON-Raamco International of New Jersey takes over the 90%-occupied Lodge at West Oaks with a Freddie Mac loan despite some lender's hesitancy due to the sluggish class A market. The 324-unit buy is billed as a long-term investment play.

Marble Distributor Joins Miramar Roster

remstaff &Globe Street | June 11, 2003

SAN DIEGO-Import and distribution firm Tutto Marmo Inc. inks a five-year lease for 23,097 sf of office and warehouse space in Westcore Industrial Properties' Miramar Business Park.

Extended Stay Stakes its Claim in Hampton

remstaff &Globe Street | June 11, 2003

HAMPTON, VA-The city's first Extended Stay America Efficiency Studios hotel swings open its doors to guests, marking the debut of the company's 462nd hotel property in the country.

10-Year Wait Ends in 20-Year Retail Lockdown

remstaff &Globe Street | June 11, 2003

IRVING, TX-Jefferson Dental Clinic will unlock doors in 90 days on a 5,600-sf spot in an unnamed strip center in a high-traffic corridor in south Irving. Three brokers, backed by the owner, create the site from expiring leases to negotiate a 20-year lockdown.

P&O to Anchor King's Cross Development

remstaff &Globe Street | June 11, 2003

LONDON Transport and logistics group P&O has taken a lease on the largest building in its 630,000-sf Regent Quarter development at King's Cross in central London. On completion in 2005 it will consider relocating its London headquarters to the site.

Hartsfield Development Bonds Garner A+ Rating

remstaff &Globe Street | June 11, 2003

ATLANTA-With metro Atlanta's largest industrial development project ($6.4 billion) under way, Hartsfield Atlanta International Airport managers heard good news today as Standard & Poor's gives top ranking to the general airport revenue bonds.

Michigan Courting $900M Aircraft Plant

remstaff &Globe Street | June 11, 2003

LANSING, MI-Willow Run Airport is among eight sites being examined by state for submission to Boeing as a site to build the new 7E7 passenger plane.

100,100-SF Deal Steels Dallas-Fort Worth Soft Spot

remstaff &Globe Street | June 11, 2003

LAS COLINAS, TX-Flowserve Corp. signs a long-term lease for an address change in the Las Colinas Urban Center. It's a hard commitment with a 40,000-sf expansion for an office submarket that was shouldering a 35.5% across-the-board vacancy earlier this year.

Second Phase of $23M Multifamily Project Underway

remstaff &Globe Street | June 11, 2003

TAMPA, FL-Michaels Development Co. breaks ground on two community centers and 358 apartments at the planned 559-unit Belmont Heights Estates in East Tampa. Clark Realty Builders is the general contractor for Michaels and co-developer Tampa Housing Authority.

Double Deal Adding 630,000 SF at Former Base

remstaff | June 11, 2003

VICTORVILLE, CA-The Sagebrush Properties LLC affiliate of pet food maker Nutro Products and packaged foods company ConAgra plan new facilities at 5,000-acre Southern California Logistics Airport.

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Class A Multifamily Asset Brings About $24M

Marble Distributor Joins Miramar Roster

Extended Stay Stakes its Claim in Hampton

10-Year Wait Ends in 20-Year Retail Lockdown

P&O to Anchor King's Cross Development

Hartsfield Development Bonds Garner A+ Rating

Michigan Courting $900M Aircraft Plant

100,100-SF Deal Steels Dallas-Fort Worth Soft Spot

Second Phase of $23M Multifamily Project Underway

Double Deal Adding 630,000 SF at Former Base

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