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Capri Capital Chief Leaves AMLI Board

remstaff &Globe Street | January 13, 2003

CHICAGO-Co-chairman Quintin Primo's departure removes potential conflicts of interest and paves the way for future business between his firm and AMLI Residential Properties Trust. Polaris Capital, LLC founding partner Adam Metz takes Primo's place.

LA Investor Buys Raleigh Hills Plaza for $9.8M

remstaff &Globe Street | January 13, 2003

PORTLAND-Barclay's Realty & Mgmt. Co. acquires the 40,000-sf shopping center at the corner of Beaverton-Hillsdale Highway and Scholls Ferry Road. The tenants, all with long-term leases, are a grocery store, a drug store and a gas station.

UM Design Team to Tackle Riverfront Development

remstaff &Globe Street | January 13, 2003

DETROIT-The University of Michigan's Taubman College of Architecture and Urban Planning most recent assessment of potential redevelopment of the city focuses on the Downtown riverfront. A final presentation by five teams of professionals is today.

Beacon Centre Sees Boost in Leasing Activity

remstaff &Globe Street | January 13, 2003

MIAMI-Seven new industrial leases totaling 135,049 sf have recently been inked at the class A property here. The deals include a 50,000-sf lease with Zip Transport, a 25,230-sf lease with Geologistics America and a 20,000-sf lease with CEMUSA Miami.

Grubb & Ellis Exec Sues Firm in 'Change-of-Control' Dispute

remstaff &Globe Street | January 13, 2003

NORTHBROOK, IL-A lawsuit filed by executive vice president Maureen A. Ehrenberg claims an "executive change of control plan" has been triggered. She contends her position has been watered down in recent weeks in "a disintegrating relationship with her employer.

12,000-SF Office Building Nets $1.6M

remstaff &Globe Street | January 13, 2003

ANAHEIM, CA-A family trust from Newport Beach sells the fully occupied, multi-tenant office property to a private investor. The two-story wood frame and stucco building is located at the corner of Tustin and La Palma avenues in Anaheim.

Redner's Leases 60,000 SF at Shoppes at Valley Forge

remstaff &Globe Street | January 13, 2003

PHILADELPHIA-By Memorial Day, the rapidly expanding warehouse grocer will open in the space at the strip center in Phoenixville, PA that was vacated last March by the Ames department store chain. Plymouth Meeting, PA-based Kramont Realty Trust recently renovated the 177,000-sf property.

H.G. Fenton Gears Up for Biz Park Completion

remstaff &Globe Street | January 13, 2003

SAN DIEGO, CA-Known as Mission Valley Heights, the office and R&D development is slated for build-out by the end of 2003. It will encompass approximately 1 million sf upon completion.

Weston Retirement Community to Start Sales

remstaff &Globe Street | January 13, 2003

MIAMI-The $100 million luxury, gated community for people ages 55 and over will be located on a 24-acre site in Weston, FL. Nichols Brosch Sandoval & Associates is the architect, and Howard Design Group is the interior design firm.

Sainsbury's Opens Bidding War for Safeway

remstaff &Globe Street | January 13, 2003

LONDON-Sainsbury's has thrown its hat into the ring and announced that it is preparing to bid for Safeway, which last week announced an agreed takeover by Morrisons. But any Sainsbury bid would be closely scrutinised by the competition authorities, which could require 90 stores to be sold.

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Capri Capital Chief Leaves AMLI Board

LA Investor Buys Raleigh Hills Plaza for $9.8M

UM Design Team to Tackle Riverfront Development

Beacon Centre Sees Boost in Leasing Activity

Grubb & Ellis Exec Sues Firm in 'Change-of-Control' Dispute

12,000-SF Office Building Nets $1.6M

Redner's Leases 60,000 SF at Shoppes at Valley Forge

H.G. Fenton Gears Up for Biz Park Completion

Weston Retirement Community to Start Sales

Sainsbury's Opens Bidding War for Safeway

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