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Frost Bank's Back Office Headed for Suburbs

remstaff &Globe Street | May 30, 2003

IRVING, TX-The operations center will go from the Dallas CBD to new space at Esters 114 Office Center. A 10-year lease at the right price, with substantial TIs, and easy-in, easy-out access to mainline stops for couriers win the deal.

Rock Bottom Closes Harvard Square Location

remstaff &Globe Street | May 30, 2003

CAMBRIDGE, MA-Rock Bottom Restaurants Inc. is closing its restaurant in Harvard Square. The Louisville, CO-based company attributes the closure to the current economic slowdown. The chain still has two other area locations.

State Hands Out $5.7M in Loans to Five Properties

remstaff &Globe Street | May 30, 2003

HARRISBURG, PA-Five Pennsylvania Industrial Development Authority low-interest loans have been granted to local industrial development groups in four counties. Projects include the acquisition and renovation of the former 298,270-sf Foamex site and conversion of the 140,170-sf former Staples building in Philadelphia.

NJ EDA Establishes New Brownfields Office

remstaff &Globe Street | May 30, 2003

TRENTON, NJ-The aim of the new office is to facilitate the flow of financial services to towns, developers and businesses involved in the redevelopment of contaminated sites.

Management Changes are Ahead for Brookfield

remstaff &Globe Street | May 30, 2003

NEW YORK CITY-Starting June 30, a number of senior management changes will be put in place by Brookfield Properties Corp.

Wolf Greenfield Takes 60,000 SF at Federal Reserve Building

remstaff &Globe Street | May 30, 2003

BOSTON-Wolf, Greenfield & Sacks PC expands to 60,000 sf at the Federal Reserve Bank of Boston at 600 Atlantic Ave. in the heart of the city's financial district.

Two-Tenant Center Filled; Another Hits 100%

remstaff &Globe Street | May 30, 2003

HOUSTON-Verizon Wireless and Men's Wearhouse will open stores in late summer in the newly constructed, two-tenant Baybrook Collection in the far southeast submarket. In Westchase, the same owner lands two more names to fill a 10,000-sf property.

Heidelberg Plant Sold in $17.2M Sale/Leaseback

remstaff &Globe Street | May 30, 2003

ATLANTA-Macfarlan Real Estate Investment Management of Dallas purchases the nine-year-old, 176,000-sf printing press manufacturing property from Heidelberg USA Inc. for $97.73 per sf. Heidelberg is leasing the asset for 23 years at an undisclosed aggregate rent.

Average Price of Condominiums Hits Record

remstaff &Globe Street | May 30, 2003

DENVER-Prices of condominiums in Denver continue to rise as buyers find it a great way to enter the housing market. However, overall sales statistics are down.

Condo-Hotel Plans June Groundbreaking

remstaff &Globe Street | May 30, 2003

WINTER PARK, FL-Demand for the blended high-end product is growing in metro Orlando as the $70 million, 110-unit Regent Winter Park Hotel, Spa and Residence signs sales contracts for 13 of the 23 condos and 12 of the 37 suites.

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Frost Bank's Back Office Headed for Suburbs

Rock Bottom Closes Harvard Square Location

State Hands Out $5.7M in Loans to Five Properties

NJ EDA Establishes New Brownfields Office

Management Changes are Ahead for Brookfield

Wolf Greenfield Takes 60,000 SF at Federal Reserve Building

Two-Tenant Center Filled; Another Hits 100%

Heidelberg Plant Sold in $17.2M Sale/Leaseback

Average Price of Condominiums Hits Record

Condo-Hotel Plans June Groundbreaking

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