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American Realty Investors Taps into Korean REIT Market

remstaff &Globe Street | May 15, 2003

SEOUL, SOUTH KOREA-The Dallas-based publicly traded real estate investor forms a joint venture with Korea Exchange Bank and WOORI Securities to advise Realty Korea CR REIT, which will invest in office buildings in Korea and throughout the world.

10-Year Lease Fills One-Year Tenant Gap

remstaff &Globe Street | May 15, 2003

PHOENIX-Acoustic Material Services lands a 44,880-sf, rail-equipped warehouse to triple its Phoenix staging area and deliver its 17th location in the Western US. The lease turns on the lights in a building that's been empty for a year.

18,769 SF of Office Leases OK'd

remstaff &Globe Street | May 15, 2003

HOUSTON-Southwestern Professional Institute extends and adds to take the bottom line to 12,693 sf in the far southwest submarket. In the Southwest Freeway corridor, CSI Software closes a deal for 6,076 sf.

Coke Dumping 250,000 SF at Glenlake

remstaff &Globe Street | May 15, 2003

ATLANTA-Owner Coca-Cola Co. hires Advantis Real Estate Services Inc. to fill the space in Sandy Springs, GA as Coca-Cola prepares to move 650 workers in the second half to its main North Avenue campus in Downtown Atlanta.

Coke Dumping 250,000 SF at Glenlake

remstaff &Globe Street | May 15, 2003

ATLANTA-Owner Highwoods Properties Inc. hires Advantis Real Estate Services Inc. to fill the space in Sandy Springs, GA as Coca-Cola prepares to move 650 workers in the second half to its main North Avenue campus in Downtown Atlanta.

Futures Firm Relocates to 600 W. Chicago

remstaff &Globe Street | May 15, 2003

CHICAGO-The futures trading firm Goldenberg, Hehmeyer will relocate from the Board of Trade building for the riverfront redevelopment project where asking lease rates are a bit lower than 141 W. Jackson Blvd.

MuniMae Absorbs HCI in $102M Cash Deal

remstaff &Globe Street | May 15, 2003

BALTIMORE-MMA Financial is born out of MuniMae's $102 million acquisition of Boston, MA's Housing and Community Investing. The resulting low-income housing debt and equity-financing provider will begin its existence with a management portfolio of approximately $7.4 billion in real estate investments.

TIB Bank Buys Land to Build 44,000-SF Facility

remstaff &Globe Street | May 15, 2003

FORT MYERS-The 133,590 sf of land, which has been up for grabs for 12 years, sold for about $1.1 million, or $8.14 per sf. The financial institution, based in Key Largo, plans to build a branch and 30,000 sf to 40,000 sf of supporting office and retail space.

Rosche Divisions Emerge From Chapter 11

remstaff &Globe Street | May 15, 2003

DALLAS-Rosche One and Rosche Aerospace pull through bankruptcy with part of their $500 million in real estate assets now headed into a liquidating trust, so the primary lender can now collect more than $60 million approved by the court.

Kenmore Buys in Southampton

remstaff &Globe Street | May 15, 2003

LONDON-The Kenmore Group has bought the freehold of the 43,000-sf Brunswick House, Brunswick Place, Southampton from AXA Sun Life for pounds 5.05 million ($8 million) to show an initial yield of 7.77%.

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American Realty Investors Taps into Korean REIT Market

10-Year Lease Fills One-Year Tenant Gap

18,769 SF of Office Leases OK'd

Coke Dumping 250,000 SF at Glenlake

Coke Dumping 250,000 SF at Glenlake

Futures Firm Relocates to 600 W. Chicago

MuniMae Absorbs HCI in $102M Cash Deal

TIB Bank Buys Land to Build 44,000-SF Facility

Rosche Divisions Emerge From Chapter 11

Kenmore Buys in Southampton

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