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Roseland Hospital Gets Land for $5M ER Expansion

remstaff &Globe Street | February 21, 2003

CHICAGO-The community development commission recommends a land write-down worth $67,234 to allow Roseland Community Hospital to expand its crowded 4,500-sf emergency room, which already serves 26,000 patients a year, to 14,200 sf.

Titles Change at NAI Partners, Trammell Crow

remstaff &Globe Street | February 21, 2003

HOUSTON-Vince Gyorgy and John Ferruzzo are made principals at NAI Partners Commercial while Trammell Crow adds the word "senior" to the title of its Houston leader, John Holland.

$1.2M Put Up for Distribution Building

remstaff &Globe Street | February 21, 2003

OXNARD, CA-Golf Sales West purchases the 15,990-sf distribution building just before the structure is due to be completed. Move-in is scheduled within several weeks. Now, the firm has 60,0000-sf plus of distribution space in town.

Retail Project Grabs $21M in Leases

remstaff &Globe Street | February 21, 2003

CORONA, CA-The 100,000-sf Eagle Glen, a project of Empire Commercial Real Estate, signs a group of shops and restaurants to leases ranging from five to seven years. Pre-leasing reaches 65%; delivery is set for June.

Property Investment Performance to Drop in 2003, Warns Gerald Eve

remstaff &Globe Street | February 21, 2003

LONDON-After several years of double-digit growth, total returns from commercial property investments are forecast to drop to 6.5% in 2003, according to new research from Gerald Eve.

Rendell Takes Charge of Riverfront Development Group

remstaff &Globe Street | February 21, 2003

PHILADELPHIA-To thwart political squabbles that threaten progress on proposed riverfront projects, the newly elected Pennsylvania governor and former Philadelphia mayor appoints himself to the board of the Delaware River Port Authority, encompassing the NJ and PA sides of the river.

Vegas 'Voyager' Gets County Go-Ahead

remstaff &Globe Street | February 21, 2003

LAS VEGAS-A joint venture between Sahara Las Vegas Corp. and Voyager Entertainment clears a hurdle with the Clark County Commission's approval of the anchor venue for a 27-acre mixed-use complex.

Davis Cos. Secures $245M in Financing for 650,000-SF Project

remstaff &Globe Street | February 21, 2003

BOSTON-The Davis Cos. nails down its financing for the $300-million redevelopment of Charles River Plaza, near Beacon Hill. The 650,000-sf project recently has signed on Massachusetts General Hospital as an anchor tenant. The hospital is leasing 355,000 sf.

Clifford Chance Signs 380,000-SF Sublease Deal

remstaff &Globe Street | February 21, 2003

NEW YORK CITY-The big-time law firm spurns two serious suitors--Boston Properties and Macklowe Properties--by cutting a deal with Deutche Bank for 14 contiguous floors at 31 W. 52nd St. beginning in May 2004.

GlobeSt.com UPDATE: Andersen Pays $32.4M to Leave 33 W. Monroe

remstaff &Globe Street | February 21, 2003

CHICAGO-Arthur Andersen LLP, which had been Prime Group Realty Trust's largest tenant, agrees on the lease termination fee for 579,982 sf of Central Loop space. It already agreed to pay $1.1 million to leave 76,490 sf at IBM Plaza.

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Roseland Hospital Gets Land for $5M ER Expansion

Titles Change at NAI Partners, Trammell Crow

$1.2M Put Up for Distribution Building

Retail Project Grabs $21M in Leases

Property Investment Performance to Drop in 2003, Warns Gerald Eve

Rendell Takes Charge of Riverfront Development Group

Vegas 'Voyager' Gets County Go-Ahead

Davis Cos. Secures $245M in Financing for 650,000-SF Project

Clifford Chance Signs 380,000-SF Sublease Deal

GlobeSt.com UPDATE: Andersen Pays $32.4M to Leave 33 W. Monroe

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