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AP Moves to 10,400 SF at 1835 Market Street

remstaff &Globe Street | January 20, 2003

PHILADELPHIA-In a long-term lease valued in excess of $4 million, Associated Press will occupy the 17th floor of the 29-story, 684,000-sf, class-A property also known as Eleven Penn Center. AP is relocating its local news/photo bureau from One Franklin Plaza.

Major Real Estate Law Firm Enters Local Market

remstaff &Globe Street | January 20, 2003

BOSTON-Piper Rudnick opens a local office with 33 attorneys, 17 of whom are from the former Hill & Barlow firm, which dissolved in early December. The firm, one of the country's leading in real estate, plans to expand the size of its practice here.

Western States Technologies Enters San Diego Market

remstaff &Globe Street | January 20, 2003

SAN DIEGO, CA-Los Angeles-based Western States Technologies Inc. shells out $4 million for an industrial corporate headquarters property in San Diego, marking the investment firm's first foray into the region.

Crescent at Carlyle Sells for Close to $75M

remstaff &Globe Street | January 20, 2003

ALEXANDRIA, VA-In a $75-million transaction, Crescent at Carlyle becomes the property of an unnamed overseas client of Falcon Real Estate Investment Co. The 212,000-sf, class A office property is fully leased through 2018 by law firm Oblon, Spivak, McClelland, Maier & Neustadt PC.

Two Deals Closed by Capitani

remstaff &Globe Street | January 20, 2003

TROY, MI-L. Mason Capitani has closed two deals. An 87-acre Champion Homes property, four buildings, sells in Mottville; and a candy maker moves from one township to another.

HomeStreet Affiliates With Colliers Cauble

remstaff &Globe Street | January 20, 2003

ATLANTA-The 82-year-old, Seattle-based multifamily and commercial real estate lender names the 36-year-old Atlanta-based commercial real estate services firm as a Fannie Mae DUS lending correspondent.

$2.75M Buys 43-Unit Complex

remstaff &Globe Street | January 20, 2003

LOS ANGELES, CA-A buyer from Hollywood acquires the Sierra Vista apartments, a mix of studios, one- and two-bedroom apartments, in a 1031 exchange from a seller who had owned the property for seven years.

Innkeepers Hospitality to Manage 17 Residence Inns

remstaff &Globe Street | January 20, 2003

MIAMI-The company is the primary lessee of Innkeepers USA Trust, a publicly traded hotel real estate investment trust and upscale hotel owner. The Residence Inns are currently managed by Marriott International Inc.

Courts Continue to Thwart 173,000-SF Home Depot Project

remstaff &Globe Street | January 20, 2003

SOMERVILLE, MA-A Superior Court judge rules that the city's planning board should have required a special permit site plan review for the 173,000-sf Home Depot proposed for Assembly Square Mall.

ShopRite Opens 91,000-SF Supermarket

remstaff &Globe Street | January 20, 2003

WOODBRIDGE, NJ-Relocating from a smaller space within the same shopping center, the grocer's expanded store is part of an overall rehab of the 317,621-sf St. Georges Crossing.

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AP Moves to 10,400 SF at 1835 Market Street

Major Real Estate Law Firm Enters Local Market

Western States Technologies Enters San Diego Market

Crescent at Carlyle Sells for Close to $75M

Two Deals Closed by Capitani

HomeStreet Affiliates With Colliers Cauble

$2.75M Buys 43-Unit Complex

Innkeepers Hospitality to Manage 17 Residence Inns

Courts Continue to Thwart 173,000-SF Home Depot Project

ShopRite Opens 91,000-SF Supermarket

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