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Congress at Fourth Snags Sixth Tenant

remstaff &Globe Street | March 12, 2003

AUSTIN-The San Antonio-based bank takes 52,000 sf in the 33-story CBD high-rise to boost the pre-leased space to 46%. Frost Bank becomes the largest space taker of the five leases signed to date. The building opens in January 2004.

Philly Ranked Top 2002 Retail Buyer Investment Market

remstaff &Globe Street | March 12, 2003

PHILADELPHIA-At year-end 2002, with an average 11.25% yield and an average

Forecast Cites Real Estate Uncertainty

remstaff &Globe Street | March 12, 2003

LOS ANGELES-The big questions lie in the housing market. The commercial markets are seen as stable, with industrial and retail sectors cited as the strongest. The Inland Empire will continue as an economic driver for the state.

New President Takes Helm at Mark-Taylor

remstaff &Globe Street | March 12, 2003

SCOTTSDALE, AZ-Dale Phillips gets the top job at Mark-Taylor Residential, one of the state's largest luxury multifamily developers. Phillips, who joined the firm in 1985, most recently was senior asset manager.

Lehman Refinances IBM Plaza for $195M

remstaff &Globe Street | March 12, 2003

CHICAGO-The three-year loan reduces Prime Group Realty Trust's interest payments, replacing debt that cost 8% and up with a first mortgage carrying an initial rate of 5.03%. The savings is estimated at $12.4 million a year.

Congress at Fourth Snags Sixth Tenant

remstaff | March 12, 2003

1700 K St. to Move to Head of the Class

remstaff &Globe Street | March 12, 2003

WASHINGTON, DC-Office space at the corner of 17th and K streets is in store for a change in status as developers and contractors demolish two class B structures that will ultimately be replaced by a 530,000-sf class A trophy property. The $50-million endeavor is on target for a winter 2005 completion date.

Thor Buys South DeKalb Mall for $27M

remstaff &Globe Street | March 12, 2003

ATLANTA-The New York-based urban retail developer paid $38.71 per sf for the 33-year-old asset to ownership partners Simon Property Group of Indianapolis, IN; O'Leary Properties Inc., Atlanta; and Nomura Asset Capital Corp. of New York.

Crescent Sells 71,456-SF Hospital

remstaff &Globe Street | March 12, 2003

JEFFERSONVILLE, IN-The facility is part of a 511,171-sf portfolio of medical assets formerly occupied by Charter Behavioral health, which went bankrupt in 1999. The buyer is locally based Medical Risk Managers & Consultants Inc.

AutoTrader Relocates HQ

remstaff &Globe Street | March 12, 2003

ANDOVER, MA-AutoTrader.com, a Cox Communications Company that conducts an online automotive marketplace, relocates its headquarters to 8,412 sf at 400 Brickstone Square. The three-building, one-million sf Brickstone Square complex is owned by Brickstone Properties

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Congress at Fourth Snags Sixth Tenant

Philly Ranked Top 2002 Retail Buyer Investment Market

Forecast Cites Real Estate Uncertainty

New President Takes Helm at Mark-Taylor

Lehman Refinances IBM Plaza for $195M

Congress at Fourth Snags Sixth Tenant

1700 K St. to Move to Head of the Class

Thor Buys South DeKalb Mall for $27M

Crescent Sells 71,456-SF Hospital

AutoTrader Relocates HQ

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