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AvalonBay Expands Southern California Staff

remstaff &Globe Street | April 21, 2003

NEWPORT BEACH, CA-The Virginia-based REIT adds Sean Breslin as a vice president of investments for the West Coast and Matthew Winsryg as development director to its Southern California staff.

Price Is Right for SW Suburban Buyers

remstaff &Globe Street | April 21, 2003

CHICAGO-Brighton Trading Inc. and Nickel Composite Coating, Inc. each pay $675,000 buildings in Forest View and Bedford Park, respectively. While Nickel Composite Coating Inc. pays $45 per sf, Brighton Trading gets 31,400 sf, paying less than $22 per sf.

DFW Office Talks Seal Off 15,450 SF

remstaff &Globe Street | April 21, 2003

DALLAS-Five leases are good to go as final signatures go on contracts for four buildings in the metroplex. The 14800 Quorum Building gets the largest deal, a 7,003-sf sublease, while the Atrium at Collin Ridge scores a double play.

Birtcher Earns About $5M in Dual Sales

remstaff &Globe Street | April 21, 2003

IRVINE, CA-The Laguna Niguel firm sells the 29,058-sf and 24,701-sf research and development buildings to Dolan Construction Co. and KC Communications, respectively. The plans now are renovate and occupy.

Multifamily Sector Makes Modest Gains in Q1

remstaff &Globe Street | April 21, 2003

PHOENIX-The Valley is the only one of 11 markets in RealFacts research area to experience an uptick in both rent and occupancy of investment-grade complexes with 100 or more market-rate units.

Titan Corp. Carves out 282,000 SF at Two Freedom Square

remstaff &Globe Street | April 21, 2003

RESTON, VA-The San Diego-based Titan Corp. carves out 282,000 sf for itself in the 425,000-sf Two Freedom Square building here. Titan culled the class A space through both direct and sublease deals.

Eight-Building Complex Brings About $4.3M

remstaff &Globe Street | April 21, 2003

HOUSTON-The seller is a Los Angeles-based investment group and the buyer hails from Houston. And both are working 1031 Exchanges with the transaction, the 200,000-sf Wayside Business Center in the southeast submarket.

Orange County Industrial Market Ticks Upward

remstaff &Globe Street | April 21, 2003

ANAHEIM, CA-In a new report, Voit Commercial Brokerage says absorption posted positive and the availability rate dropped for the third consecutive quarter. The big decline, though, is new construction, which is down 73% from a year ago.

Norwegian Cruise Lines Signs $3.75M Lease Expansion

remstaff &Globe Street | April 21, 2003

MIAMI-The cruise line is adding 39,181 sf to its current 125,658 sf at Airport Corporate Center here. Insignia/ESG Inc. and Julien J. Studley brokered the long-term expansion deal.

Cohen Financial Secures $1.7M for New Retail Building

remstaff &Globe Street | April 21, 2003

MIAMI-A Michigan-based investor purchased 1011 Sumter in North Port, FL from Bell-Aire Development Group. Public Bank was the lender. Seven Eleven is leasing the 2,960-sf, single-tenant property.

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AvalonBay Expands Southern California Staff

Price Is Right for SW Suburban Buyers

DFW Office Talks Seal Off 15,450 SF

Birtcher Earns About $5M in Dual Sales

Multifamily Sector Makes Modest Gains in Q1

Titan Corp. Carves out 282,000 SF at Two Freedom Square

Eight-Building Complex Brings About $4.3M

Orange County Industrial Market Ticks Upward

Norwegian Cruise Lines Signs $3.75M Lease Expansion

Cohen Financial Secures $1.7M for New Retail Building

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