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Governor Okays Funding for $50M Biotech Development

remstaff | January 28, 2003

ROCKVILLE, MD-The University of Maryland Biotechnology Institute gets good news with the governor's recent allotment of funding from the fiscal 2004 capital budget for the $50-million development of the Center for Advance Research in Biotechnology II.

Georgia Restaurateurs Form Trade Group

remstaff &Globe Street | January 28, 2003

ATLANTA-The association representing the $10 billion industry will be temporarily co-directed by Alan LeBlanc, owner of Max Lager's, and Karen Bremer, owner of the Dailey's and City Grill restaurants.

Empire Secures $10M Financing

remstaff &Globe Street | January 28, 2003

ONTARIO, CA-The commercial real estate developer obtains the funding for a 78,000-sf office building, now Empire's headquarters. The strategy is to free up capital for more projects, including a 100,000-sf spec office undertaking.

Boston's Cabot Baits Buy With $3.3M Offer

remstaff &Globe Street | January 28, 2003

TEMPE, AZ-Cabot Properties pays cash for the 50,000-sf, fully leased property in the Broadway Industrial Park. It's a first purchase in Phoenix under the new moniker for the Boston-based buyer

GlobeSt.com UPDATE: ML Realty Lands Messenger Complex

remstaff &Globe Street | January 28, 2003

DES PLAINES, IL-Based in East Dundee, former McShane Corp. president Michael Luecht's ML Realty Partners LLC was having better acquisition success in Houston before landing the 380,000-sf warehouse a block north of O'Hare International Airport.

Plaza Group Teams up With Avatar Properties

remstaff &Globe Street | January 28, 2003

HOLLYWOOD, FL-The two South Florida companies just formed a joint venture to develop the $200 million Ocean Palms on Hollywood Beach here. The ultra-luxury condominium development will comprise 250 units costing between $400,000 and $2 million.

104-Room Merv Griffin Resort Reopens

remstaff &Globe Street | January 28, 2003

PALM SPRINGS, CA-The entertainer's former resort reopens as the Givenchy Resort & Spa, a property of Costa Mesa, CA-based Tarsadia Hotels. Once a favorite of Hollywood stars and entertainers, the resort has been getting a makeover for three months.

Peoplesoft, EOP Sign 90,240-SF Renewal

remstaff &Globe Street | January 28, 2003

WESTCHESTER, IL-The human resources software provider relocates and consolidates offices in space at Three Westbrook Corporate Center, one of five buildings in a 1.1-million-sf complex where vacancy has approached 17% in recent months.

Dixie Sales Signs 26,970-SF Lease at Westpark

remstaff &Globe Street | January 28, 2003

PHILADELPHIA-The Browns Summit, NC-based garden parts and equipment supplier whistles a happy tune after signing a 26,970-sf lease for space in Keystone Property Trust's 7520 Morris Ct. in the Westpark Business Center in Allentown, PA.

Archon Cuffs 10 Deeds, Five More Pending

remstaff &Globe Street | January 28, 2003

SAN ANTONIO-Archon marks its entry into the San Antonio retail market with the purchase of shuttered Albertsons stores. The turn-over plan is to re-tenant the properties for various uses, hiring Transwestern for the job.

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Governor Okays Funding for $50M Biotech Development

Georgia Restaurateurs Form Trade Group

Empire Secures $10M Financing

Boston's Cabot Baits Buy With $3.3M Offer

GlobeSt.com UPDATE: ML Realty Lands Messenger Complex

Plaza Group Teams up With Avatar Properties

104-Room Merv Griffin Resort Reopens

Peoplesoft, EOP Sign 90,240-SF Renewal

Dixie Sales Signs 26,970-SF Lease at Westpark

Archon Cuffs 10 Deeds, Five More Pending

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