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Office Building Repositioning Earns $14.5M

remstaff &Globe Street | February 12, 2003

TORRANCE, CA-Saunders Property of Newport Beach buys the 116,233-sf, two-building office complex from Harbor Business Center LLC, which took the property from 75% to 96% occupancy in 18 months of ownership.

New Westin Postponed for 6 Months

remstaff &Globe Street | February 12, 2003

DENVER-Plans for constructing the $125 million Westin Hotel at DIA have been put on hold for a new mayor and mostly new City Council to decide its fate.

Romney Eyes Fees for Out of State Casino Owners

remstaff &Globe Street | February 12, 2003

BOSTON-Governor Mitt Romney is exploring other options for bringing money into the state via casino gambling. One scenario involves a ban on casinos in the state in exchange for payments from casino owners in neighboring states.

South Beach Retail Project Under Way

remstaff &Globe Street | February 12, 2003

SOUTH BEACH, FL-Suffolk Construction has broken ground on the 60,000-sf project on Collins Avenue, set in the successful retail district between 5th and 6th streets. The new complex is slated to open in January.

Xanadu: Mills, Mack-Cali Get Nod for $1.3B Project

remstaff &Globe Street | February 12, 2003

EAST RUTHERFORD, NJ-The two real estate giants have won the right to negotiate a developer's agreement with the NJSEA to redevelop the 106-acre Continental Airlines Arena site.

Grubb Forms Financial Services Group

remstaff &Globe Street | February 12, 2003

NEW YORK CITY-Keith Misner, formerly of Grubb's Multi Housing Investment Group, will head up three regional US divisions and coordinate efforts with global partners Knight Frank and Avison Young.

LandSec Submits Plans for 740 Acre Thames Gateway Site

remstaff &Globe Street | February 12, 2003

LONDON-Land Securities has submitted a planning application for Eastern Quarry, a 740 acre site in the Thames Gateway to the east of London. Plans include 3 million sf of commercial space and 7,250 new homes.

NAI Hanson Will Market 293,000-SF Building

remstaff &Globe Street | February 12, 2003

FAIRVIEW, NJ-The industrial asset, located in Bergen County and owned by Safer Development, is already 87% leased, with just 37,500 sf available on its first floor.

INS Plans $17M Facility for Campo

remstaff &Globe Street | February 12, 2003

CAMPO, CA-Design plans are already underway for the building, which will be used as a U.S. Border Patrol Station. Slated for groundbreaking in the fourth quarter of 2003, the facility will encompass a total of 40,000 sf on completion.

Downtown Office Building Fetches $20.5M

remstaff &Globe Street | February 12, 2003

SAN DIEGO-In the latest sign of Downtown San Diego's status as the darling of the county, an investor picks up the 186,494-sf JDS office building in a 1031 exchange transaction.

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Office Building Repositioning Earns $14.5M

New Westin Postponed for 6 Months

Romney Eyes Fees for Out of State Casino Owners

South Beach Retail Project Under Way

Xanadu: Mills, Mack-Cali Get Nod for $1.3B Project

Grubb Forms Financial Services Group

LandSec Submits Plans for 740 Acre Thames Gateway Site

NAI Hanson Will Market 293,000-SF Building

INS Plans $17M Facility for Campo

Downtown Office Building Fetches $20.5M

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