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Six Tenants Re-Up 60,325 SF Around Town

remstaff &Globe Street | March 21, 2003

DALLAS-The mixed bag of deals range from 911 sf to 47,241 sf to keep a half dozen businesses firmly rooted in medium- to long-term pacts. The leasing round supports predictions early on that the 2003 push would be tenant retention.

Planning Application Submitted for 1.5MSF Mixed Scheme

remstaff &Globe Street | March 21, 2003

LONDON-Valley & Vale Properties has submitted a planning application for a 1.5 million-sf mixed development in Salford, Manchester.

Thomas Properties Group Moves to Arco Plaza

remstaff &Globe Street | March 21, 2003

LOS ANGELES-The investment and development group moves from Wells Fargo Center into 25,000 sf of the 2.7-million-sf property it bought earlier this year for $270 million. Next, a capital improvements plan will be unveiled for the two-tower Downtown asset.

Housing Market Gets the Jitters

remstaff &Globe Street | March 21, 2003

LONDON-The prospect of imminent war and continued economic uncertainty led to the first fall in house prices in England and Wales for over two years during February 2003, according to the RICS.

Apartment Building Sells for Just Under $3M

remstaff &Globe Street | March 21, 2003

ENGLEWOOD, NJ-Real Estate Equities Group bought the 35-unit building from a local investment group. Financing for the transaction was arranged by East Hill Realty Advisors.

Endoscopy Firm Renews 63,490 SF

remstaff &Globe Street | March 21, 2003

CULVER CITY, CA-Karl Storz Endoscopy signs a six-year lease for 600 Corporate Pointe in a deal valued at $8.5 million. The nine-year tenant, which had considered a build-to-suit, took the deal on the table a year before the existing pact expired.

Selfridges on Track for Eight UK Stores

remstaff &Globe Street | March 21, 2003

LONDON-Department store group Selfridges has reiterated its strategy of opening a nationwide chain, and talks are under way for three new sites in Bristol; Leeds and Newcastle.

Elimination of Annual MUP Renewal Closer to Council Vote

remstaff &Globe Street | March 21, 2003

SEATTLE-There are now two versions of a new policy on the table. One would protect a Master Use Permit approval from subsequent code changes for five years and the other would vest the approval for four years.

Icon Leases 40,000-SF Build-to-Suit in Lansdale, PA

remstaff &Globe Street | March 21, 2003

PHILADELPHIA-The provider of clinical research services to pharmaceutical companies will relocate from North Wales, PA, to the larger office facility at Pennbrook Business Center in November. Merck is among the tenants at the 80-acre campus, which can accommodate 750,000 sf.

Completion Pending for New $885M Patent Office

remstaff &Globe Street | March 21, 2003

ALEXANDRIA, VA-The new $885 million headquarters for the US Patent and Trademark Office comes closer to its planned 2005 completion with the recent topping out of two of the five office buildings that will ultimately occupy the 15-acre campus.

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Six Tenants Re-Up 60,325 SF Around Town

Planning Application Submitted for 1.5MSF Mixed Scheme

Thomas Properties Group Moves to Arco Plaza

Housing Market Gets the Jitters

Apartment Building Sells for Just Under $3M

Endoscopy Firm Renews 63,490 SF

Selfridges on Track for Eight UK Stores

Elimination of Annual MUP Renewal Closer to Council Vote

Icon Leases 40,000-SF Build-to-Suit in Lansdale, PA

Completion Pending for New $885M Patent Office

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