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Change in Law Crosses Out Bank's Q1 Profit

remstaff &Globe Street | April 23, 2003

BOSTON-Capital Crossing Bank intends to "vigorously" challenge a change in state law wiping out deductions of dividends from a REIT subsidiary, retroactive to 1999. Meanwhile, it buys loans and leases worth a potential $56.1 million for 80 cents on the dollar.

Insite Completes Transactions in Four Cities

remstaff &Globe Street | April 23, 2003

SOUTHFIELD, MI-Two retail leases have been arranged by the freshman firm Insite, which has also become the leasing agent for a retail center in Centerline, and sales agent for a 15,400-sf building in

Citigroup Takes Down Another 46,758 SF at One Sansome Street

remstaff &Globe Street | April 23, 2003

SAN FRANCISCO-The global financial services company occupies about one-quarter of the 43-story, 734,341-sf Class A building, which is owned by a European entity and managed by San Francisco-based Rreef.

Vintage Complex Nets About $3.4M

remstaff &Globe Street | April 23, 2003

PEARLAND, TX-A Houston seller lets go of the 101-unit Park Place Apartments as the first leg of a 1031 Exchange to swap the property for a newer and larger multifamily holding. The buyer is a Houston syndicate.

224,000-SF BMS Distribution Center Hits the Market

remstaff &Globe Street | April 23, 2003

CRANBURY, NJ-Following its announcement earlier this year that the facility would be the victim of a consolidation, the pharmaceutical company has made its disposition status official by tapping the Garibaldi Group to move it.

Audubon Society Gains Namesake's Home, Rent-Free, for 50 Years

remstaff &Globe Street | April 23, 2003

MILL GROVE, PA-The society's lease with Montgomery County includes a

Knickerbocker Closes $150M Refinancing of 21-Building Portfolio

remstaff &Globe Street | April 23, 2003

KANSAS CITY, KS-Located in a master-planned suburban corporate office setting in Overland Park, the 21-building portfolio offers over 2.2 million sf of Class A and B office space. Northwestern Mutual provided the funding.

Beazer Prepares to Debut Townhomes at Atlantic Station

remstaff &Globe Street | April 23, 2003

ATLANTA-Locally based Lane Investment and Development Corp. is targeting a spring 2004 opening of 600 apartments and 69 condominiums at developer Jim Jacoby's $2 billion, mixed-used Atlantic Station project on the site of the former Atlantic Steel Mill.

Fitzsimons Redevelopment Authority Gets Award

remstaff &Globe Street | April 23, 2003

AURORA, CO-Fitzsimons received the 2003 Technology Development Award for the new $4 billion medical center and bioscience park, which once completed will employ more people in Colorado than the ski industry.

Hoolihan Realty Group Formed

remstaff &Globe Street | April 23, 2003

MIAMI BEACH-The Coral Gables, FL-based company offers commercial leasing and sales services, along with property management, tenant representation, consulting and lease audits. Principal B. William Hoolihan, a certified public accountant, heads the firm.

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Change in Law Crosses Out Bank's Q1 Profit

Insite Completes Transactions in Four Cities

Citigroup Takes Down Another 46,758 SF at One Sansome Street

Vintage Complex Nets About $3.4M

224,000-SF BMS Distribution Center Hits the Market

Audubon Society Gains Namesake's Home, Rent-Free, for 50 Years

Knickerbocker Closes $150M Refinancing of 21-Building Portfolio

Beazer Prepares to Debut Townhomes at Atlantic Station

Fitzsimons Redevelopment Authority Gets Award

Hoolihan Realty Group Formed

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