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Brits Buy Stake in 3M-SF California Mart

remstaff &Globe Street | February 10, 2003

LOS ANGELES-Britain's DMG World Media goes from tenant to part owner of the California Market Center, buying "a significant share" from the Hertz Group, which paid $90 million two years ago for the building trio in Downtown LA.

Retail Talk for 650 Acres Dovetails $5.5M Project

remstaff &Globe Street | February 10, 2003

LEWISVILLE, TX-The time has come for retail to roll out in Castle Hills, a 2,500-acre, five-year-old development. With the first Village Center building rising, talks also start with a developer on a tract dedicated to big boxes and followers.

21st Century Stays Put in 23,000 SF

remstaff &Globe Street | February 10, 2003

ONTARIO, CA-The insurance company signs one of the Inland Empire's largest leases in the past year. The terms run for 10 years in a package valued at $4.8 million for office space at 3450 Centerlake Dr. in the Lakeshore Center project.

Town Purchases 60-Acre Site

remstaff &Globe Street | February 10, 2003

SHREWSBURY, MA-The town is acquiring the Allen Farm development site located on South Street. Shrewsbury blocked the sale of the 60-acre parcel to a national developer by exercising its right of first refusal on the planned 600,000-sf property.

9,650 SF of Industrial Space Closed Off

remstaff &Globe Street | February 10, 2003

HOUSTON-A machine shop takes 6,200 sf of a 15,000-sf building at 1171A Brittmoore Rd. while a telecommunications firm stakes a claim to 3,450 sf at 1424 W. Sam Houston Parkway, a 35,176-sf industrial building.

CSC Renews Lease for 36,000 SF

remstaff &Globe Street | February 10, 2003

MOORESTOWN, NJ-The information technology company, which started out with a small suite at 300 Harper Place, now occupies all of the three-story, Pureland-owned building.

96,608-SF Lease Brings Southshore to 100% Occupancy

remstaff &Globe Street | February 10, 2003

PORTLAND-Expanding from 25,000 sf in another business park, NIR Inc., a maker of golf product displays, takes all of Building D at Southshore Corporate Park, bringing occupancy at the park to 100%.

PECO Sells 75,400-SF Morton, PA Property

remstaff &Globe Street | February 10, 2003

PHILADELPHIA-The property at 200 Yale Ave., north of suburban Bala Cynwyd, PA, will house new offices of the Delaware County Intermediate Unit, one of 29 state regional educational agencies. The locally based energy company did not disclose the sale price of the site.

More Facilities Needed at Border

remstaff &Globe Street | February 10, 2003

DETROIT-With the rise of inspections since terrorist attacks in 2001, state representatives are urging GSA to "expedite border enhancements and improvements to safety," claiming Michigan's and the nation's security is at stake.

JV Will Spend $150M to Build More Than 800 Apts.

remstaff &Globe Street | February 10, 2003

HOBOKEN, NJ-Tarragon Realty Investors, based across the Hudson in New York, will team with local development groups for the two separate projects. Plans have been approved for the first and were recently submitted for the second.

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Brits Buy Stake in 3M-SF California Mart

Retail Talk for 650 Acres Dovetails $5.5M Project

21st Century Stays Put in 23,000 SF

Town Purchases 60-Acre Site

9,650 SF of Industrial Space Closed Off

CSC Renews Lease for 36,000 SF

96,608-SF Lease Brings Southshore to 100% Occupancy

PECO Sells 75,400-SF Morton, PA Property

More Facilities Needed at Border

JV Will Spend $150M to Build More Than 800 Apts.

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