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Grubb & Ellis Sells, Leases Industrial Space

remstaff &Globe Street | March 21, 2003

WALLED LAKE, MI-The firm handles transactions at three properties, including deals for a software developer and a concrete manufacturer.

The Cornerstone Group Sees 33% Revenue Hike

remstaff &Globe Street | March 20, 2003

MIAMI-Revenue for 2002 increased to approximately $200 million from $150 million the year before. The company attributes its growth to focusing more on developing upscale, market-rate rental communities, luxury condominiums, and affordable multifamily units.

Equity Office Renovating Pruneyard Inn

remstaff &Globe Street | March 20, 2003

CAMPBELL, CA-A centerpiece of The Prune Yard, a 251,903-sf upscale shopping, entertainment and office property, the 172-room Pruneyard Inn will undergo a $1.5 million renovation that its owner hope will restore the property to its original grandeur as an upscale boutique hotel.

Energy Standards Board Signs $748,000 Lease

remstaff &Globe Street | March 20, 2003

HOUSTON-The Shidler Group makes the close on a seven-year lease within days of talks falling apart with another building owner. The North American Energy Standards Board will move in at the end of the month to 1301 Fannin St.

Thiel Logistics Enters US With 85,424-SF Miami Lease

remstaff &Globe Street | March 20, 2003

MIAMI-Thiel Logistics USA Inc. has leased 85,424 sf in a freestanding, class A warehouse/distribution facility in Beacon Industrial Park from AMB Property Corp. The lease establishes a US headquarters for the Germany-based logistics provider.

Ellen Named Property Mgr. at The Forum

remstaff &Globe Street | March 20, 2003

ATLANTA-Terri Ellen moves up from senior property manager at two-year-old Ronus Properties to oversee activity at the 220,000-sf, 80%-leased, class A office building in suburban Buckhead, GA.

Occupancy of City-Owned Hotel Up over 40%

remstaff &Globe Street | March 20, 2003

PORTLAND-After languishing in the 14% to 24% occupancy range through the fall and winter, the city's investment across from the newly expanded Oregon Convention Center is holding its own while the city decides what it wants to do with the site.

IMPAC Medical Systems Takes 17,953 SF in Sublease Deal

remstaff &Globe Street | March 20, 2003

CAMBRIDGE, MA-IMPAC Medical Systems, a provider of healthcare information technology, leases 17,953 sf of office space from Monitor Group at Two Canal Park. The sublease deal represents an expansion for IMPAC, which is relocating from a 7,000 sf office around the corner.

Daley Presses for 'No-Fly' Zone to Protect City

remstaff &Globe Street | March 20, 2003

CHICAGO-If Disney amusement parks as well as New York City and Washington, DC, can be protected by a "no-fly" zone, Mayor Richard M. Daley asks, why can't the city with the tallest building in the Western Hemisphere?

2300 N St. Brings In $114M

remstaff &Globe Street | March 20, 2003

WASHINGTON, DC-Ownership of the eight-story edifice at 2300 N St. changes hands in a $114 million transaction between seller Boston Properties and buyer Blue Capital Investments Inc. The 280,000-sf, class A office tower has been around since 1986 when Boston Properties completed its development.

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Grubb & Ellis Sells, Leases Industrial Space

The Cornerstone Group Sees 33% Revenue Hike

Equity Office Renovating Pruneyard Inn

Energy Standards Board Signs $748,000 Lease

Thiel Logistics Enters US With 85,424-SF Miami Lease

Ellen Named Property Mgr. at The Forum

Occupancy of City-Owned Hotel Up over 40%

IMPAC Medical Systems Takes 17,953 SF in Sublease Deal

Daley Presses for 'No-Fly' Zone to Protect City

2300 N St. Brings In $114M

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