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Cousins Properties' FFO Up in '02

remstaff &Globe Street | February 13, 2003

ATLANTA--Despite tenant lease defaults in some major markets, the developer's office portfolio ended the year with an average 94% leasing level. Company president/CEO Tom Bell predicts a difficult transaction year for 2003.

9,460-SF Building Goes in Chandler

remstaff &Globe Street | February 13, 2003

CHANDLER, AZ-Mold Solutions puts up $714,000 to outbid two others for the industrial building in the Arizona Corporate Park South in Chandler. The firm more than doubles its office and production area with the acquisition.

Swiss Banker to Buy International Corporate Park for $32M

remstaff &Globe Street | February 13, 2003

ORLANDO-Beat Kahli, majority owner of Orlando-based Avalon Park Associates LP, plans to pay Price Legacy Corp. of San Diego $13,289 per acre for the 2,408-acre, 17-year-old dormant property that Price Legacy bought in March 2001.

Office Depot Plans Spring Opening for Six Madrid Stores

remstaff &Globe Street | February 13, 2003

MADRID-Catering to the needs of Spain's small- to medium-size business community, the new stores will take advantage of in-place administrative infrastructure used by Office Depot's European catalog subsidiary.

NYC Is on the Rebound: C&W Reports

remstaff &Globe Street | February 13, 2003

NEW YORK CITY-At a breakfast held here yesterday, Cushman & Wakefield presented its latest real estate outlook for the city, suggesting that the worst may be over.

San Jose's Future Is Less than Bright

remstaff &Globe Street | February 13, 2003

SAN JOSE, CA-Colliers International sees stability as the best-case scenario for Silicon Valley commercial real estate in 2003, as there is currently 60 million sf of space available across all products in Silicon Valley.

Screen Printer Picks Up SD Space for $1.8M

remstaff &Globe Street | February 13, 2003

SAN DIEGO-Reid & Clark Screen Arts Co. purchases a 17,580-sf industrial facility from Nelson Properties at 722 33rd St. and plans to relocate its operations there from a site on Island Street in Downtown San Diego.

Community Bank Signs for Nearly 30,000 SF

remstaff &Globe Street | February 13, 2003

PASADENA, CA-The bank takes the space at 790 E. Colorado Blvd. in a building owned by Equity Office Properties Trust. The corporate office trades in a 15-year address for one with higher visibility and its name on the building's side.

Barr Labs Leases 90,000 SF for Exec Offices

remstaff &Globe Street | February 13, 2003

WOODCLIFF LAKE, NJ-The pharmaceutical company, which already has a presence in the Garden State, will relocate its head office from Blauvelt, NY, just 20 miles to the north.

REI Leases at Congressional Village

remstaff &Globe Street | February 13, 2003

ROCKVILLE, MD-Congressional Village Shopping Center makes way for a new tenant as Recreational Equipment Inc. signs on to occupy a 26,000-sf space at the 100,000-sf property. The center is currently undergoing a renovation and REI will serve as the anchor tenant upon completion.

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Cousins Properties' FFO Up in '02

9,460-SF Building Goes in Chandler

Swiss Banker to Buy International Corporate Park for $32M

Office Depot Plans Spring Opening for Six Madrid Stores

NYC Is on the Rebound: C&W Reports

San Jose's Future Is Less than Bright

Screen Printer Picks Up SD Space for $1.8M

Community Bank Signs for Nearly 30,000 SF

Barr Labs Leases 90,000 SF for Exec Offices

REI Leases at Congressional Village

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