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Lowe Sets Up $160M Hotel Debt Fund

remstaff &Globe Street | March 09, 2003

LOS ANGELES-Banking on 30-plus years investing in the hospitality sector, the LA-based firm believes it can find profits in subordinated debt. Major markets will have the attention of the capital flow.

129,000-SF Theater Retooling Under Way

remstaff &Globe Street | March 09, 2003

AUSTIN-Alamo Drafthouse is retrofitting a third theater for its dinner-and-a-movie concept, with a plan to open the venue in May at Lake Creek Festival Shopping Center in the far northwest submarket.

CIP Returns With $22.2M for Two More Towers

remstaff &Globe Street | March 09, 2003

ONTARIO, CA-The Irvine-based investment firm now owns all three office buildings in the 322,000-sf Empire Towers development. A $17.8-million loan and $4.7-million equity partner buy the extra 145,239 sf of class A office space.

CIP Returns With $22.2M for Two More Towers

remstaff | March 09, 2003

Quesada May be Off the Hook

remstaff &Globe Street | March 09, 2003

PITTSBURG, CA-Former City Councilman Frank Quesada will not be charged as the local DA decides the evidence is too sketchy on allegations that Quesada showed favoritism to a prominent developer to whom he owed more than $370,000.

Sound Federal Savings to Relocate HQ to White Plains

remstaff &Globe Street | March 09, 2003

WHITE PLAINS-Sound Federal Savings will relocate its corporate headquarters operations from leased space in Mamaroneck and Peekskill to approximately 14,000 sf of space at the Parker Corporate Center here.

$42M Buys 70% Stake in Viad Corporate Center Stake

remstaff &Globe Street | March 09, 2003

PHOENIX-For the second time in less than a year, Parkway Properties sells the majority interest in a high-profile office building to Investcorp. The shared deed comes 10 months after Parkway pays $58 million for the downtown Phoenix landmark.

GlobeSt.com UPDATE: EDD Says Unemployment Up in San Diego

remstaff &Globe Street | March 09, 2003

SAN DIEGO-According to the newest report by the State of California Employment Development Department, the county started off 2003 with a drop in employment. The EDD research shows that the unemployment rate here rose slightly from 4.2% in December of 2002 to 4.4% in January of 2003.

2003 Retail Pipeline Holding About 4.5M SF

remstaff &Globe Street | March 09, 2003

HOUSTON-About 90% of the pipeline is pre-leased, says O'Connor & Associates in its latest retail analysis. Occupancy now is hovering at 85% as brokers work to fill big boxes that went dark or are going dark.

$45M Mixed-Use Project Under Way

remstaff &Globe Street | March 08, 2003

NOVI, MI-The Gateway development will have attached condominiums and retail components,

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Lowe Sets Up $160M Hotel Debt Fund

129,000-SF Theater Retooling Under Way

CIP Returns With $22.2M for Two More Towers

CIP Returns With $22.2M for Two More Towers

Quesada May be Off the Hook

Sound Federal Savings to Relocate HQ to White Plains

$42M Buys 70% Stake in Viad Corporate Center Stake

GlobeSt.com UPDATE: EDD Says Unemployment Up in San Diego

2003 Retail Pipeline Holding About 4.5M SF

$45M Mixed-Use Project Under Way

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