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$40M Andover House Apartments Under Way

remstaff &Globe Street | March 06, 2003

WASHINGTON, DC-The 171-unit luxury apartment property to be known as Andover House takes a big step toward realization as developer LCOR Inc. breaks ground on the $40 million development.

SuperValu Plans Estimated 525,000-SF Expansion

remstaff &Globe Street | March 06, 2003

ATLANTA-The Eden Prairie, MN-based grocer expects to open 35 Sav-A-Lot and Deals stores in Atlanta over the next five years, marking a comeback from two years ago when it closed 17 Cub Foods sites co-owned with Delhaize Group, parent of Food Lion.

Groundbreaking Soon for $150M Cumberland Yacht Harbor Project

remstaff &Globe Street | March 06, 2003

NASHVILLE-The complex will feature 175 residential units starting at $500,000 each, a 225-slip marina, commercial space and a laundry list of luxury amenities, all located along the banks of the Cumberland River.

Bill to Extend Big Dig Claims is Signed by Governor

remstaff &Globe Street | March 06, 2003

BOSTON-Governor Mitt Romney signs legislation that will extend the state's ability to pursue claims on contractors on the Big Dig--the massive highway project going on in the heart of the city--for up to 10 years.

$95M Pier Village Project Signs Restaurant Anchor

remstaff &Globe Street | March 06, 2003

LONG BRANCH, NJ-Local restaurateur and bandleader Tim McLoone today inked a deal for a 12,000-sf freestanding eatery as a key tenant in the project's 100,000-sf retail component.

Buyer Doubles Space in $16M Purchase

remstaff &Globe Street | March 06, 2003

CITY OF INDUSTRY, CA-The industrial deal is one of the largest so far this year in the San Gabriel Valley. Fortune Dynamic will use part of the 321,600-sf facility and rent the remainder to an existing tenant.

Investor Hunger Grows in Western Europe

remstaff &Globe Street | March 06, 2003

CANNES-Investor interest in commercial property across western Europe remains strong. DTZ Research expects demand for quality product to continue throughout 2003 despite the current economic uncertainty

Hotel Demolished for New Condo Development

remstaff &Globe Street | March 06, 2003

MIAMI-The Mandalay motel in Sunny Isles Beach, FL was cleared to make room for Sayan, a $49 million, 90-unit, luxury oceanfront tower. Ground-breaking is planned for this summer with occupancy expected within two years.

235,805-SF Quadrant I-5 Center Back in Lender's Hands

remstaff &Globe Street | March 06, 2003

LYNNWOOD, WA-The Texas-based owner of the long vacant two-building office development declared bankruptcy in early 2002. After a failed sale to CarrAmerica in November and an unsuccessful auction on Monday (March 3, 2003), it is back in the hands of the lender, Investor Life Insurance Co. of America.

Importer Relocates With 10-Year Lease

remstaff &Globe Street | March 06, 2003

IRVINE, CA-Kusha moves from one location to another in the city, expanding its industrial space to 30,000 sf from 19,000 sf in a deal timed to coincide with a lease expiration. The full-building lease carries a price tag of $2.9 million.

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$40M Andover House Apartments Under Way

SuperValu Plans Estimated 525,000-SF Expansion

Groundbreaking Soon for $150M Cumberland Yacht Harbor Project

Bill to Extend Big Dig Claims is Signed by Governor

$95M Pier Village Project Signs Restaurant Anchor

Buyer Doubles Space in $16M Purchase

Investor Hunger Grows in Western Europe

Hotel Demolished for New Condo Development

235,805-SF Quadrant I-5 Center Back in Lender's Hands

Importer Relocates With 10-Year Lease

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