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CMBS Markets Could Benefit From Broadened Disclosures

remstaff | February 04, 2003

WASHINGTON, DC-After having joined forces to survey disclosure practices in mortgage-backed securities markets, the US Department of the Treasury, the Securities and Exchange Commission, and the Office of Federal Housing Enterprise Oversight release a study with suggestions for improvements.

Duo Sells Two Office Buildings for $10M

remstaff &Globe Street | February 04, 2003

WEST ORANGE, NJ-The two separate properties, sold as part of a 1031 tax-free exchange, total more than 100,000 sf and are currently fully occupied. Newmark Associates arranged the deal.

OKC Investor Gets Deed With Top Offer

remstaff &Globe Street | February 04, 2003

COPPELL, TX-Charles Johnson Investments takes the title from a Dallas-based merchant builder, who had tied a $2.8-million asking price on a fully occupied office/retail center that delivered last year in Coppell.

Courtland Center Sells for Almost $21 Million

remstaff &Globe Street | February 04, 2003

BURTON, MI-Brokers had to overcome difficulties such as a shifting tenant mix and the purchase of a strip of utility-owned land to secure the large shopping mall.

Peninsula Creamery Slated for Destruction

remstaff &Globe Street | February 04, 2003

PALO ALTO, CA-After years of controversy over the proposed demolition of the old Peninsula Creamery building in Palo Alto, which could be eligible for historic preservation, the Palo Alto City Council has voted in favor of new development.

State Hotels Plod Through Tough Year

remstaff &Globe Street | February 04, 2003

DENVER-Hotel occupancy rates throughout the state of Colorado were down in 2002. Even popular resort communities such as Vail and Aspen couldn't bring rates up.

Duke Relents, Sells 70,000 SF in Great SW

remstaff &Globe Street | February 04, 2003

GRAND PRAIRIE, TX-The Keith Cos. of Charlotte, NC needed the building so its 10-year client, IBA, could expand the Dallas-Fort Worth operation. Six months of leasing and talking get Duke to part with one of two buildings on the 6.6-acre tract.

Tremont Arranges $5.1M Financing for 1750 N. Clark

remstaff &Globe Street | February 04, 2003

CHICAGO-Tremont Realty Capital arranges financing for 1750 N. Clark St., a 44,700-sf retail building formerly occupied by upscale men's apparel retailer Bigsby & Kruthers and located in Chicago's Lincoln Park neighborhood.

Hodges Begins $14M, 500,000-SF Project

remstaff &Globe Street | February 04, 2003

ATLANTA-M.D. Hodges Enterprises, the Atlanta suburban affiliate of New York-based Blackstone Real Estate Advisors, is looking to a March start on a distribution center within the hot 1,200-acre Southpark development.

Analogic Corp. to Expand HQ by 100,000 SF

remstaff &Globe Street | February 04, 2003

PEABODY, MA-Analogic Corp. will build a 100,000-sf addition to its 400,000-sf headquarters building at 8 Centennial Dr. The company designs and manufactures advanced health and security.

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CMBS Markets Could Benefit From Broadened Disclosures

Duo Sells Two Office Buildings for $10M

OKC Investor Gets Deed With Top Offer

Courtland Center Sells for Almost $21 Million

Peninsula Creamery Slated for Destruction

State Hotels Plod Through Tough Year

Duke Relents, Sells 70,000 SF in Great SW

Tremont Arranges $5.1M Financing for 1750 N. Clark

Hodges Begins $14M, 500,000-SF Project

Analogic Corp. to Expand HQ by 100,000 SF

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