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Doubletree Crystal City Sells for $70M

remstaff &Globe Street | January 10, 2003

CRYSTAL CITY, VA-The 630-room Doubletree Hotel Crystal City gets a new owner in a $70-million transaction in which a Lend Lease Real Estate Investments fund sells the property to a CNL Hospitality Corp. affiliate. The 30-year-old hotel was last sold in 2001 for $53 million.

TIAA Lets London Office Space

remstaff &Globe Street | January 10, 2003

LONDON-Teachers Insurance Annuity Association has made progress on the letting campaign at its 117,000-sf Widewater Place office scheme in Harefield, north-west London.

Biotech Firm Lines Up 5,148 SF in Westchase

remstaff &Globe Street | January 10, 2003

HOUSTON-Synthegen finds the office/lab space that it needs in a 27,352-sf office building near Beltway 8 and Harwin Drive in the Westchase submarket. In the Woodlands, a high-tech spot is subleased.

Tuesday Morning OKs 12,132 SF in Suburban Center

remstaff &Globe Street | January 10, 2003

WEBSTER, TX-The popular discount retailer reserves the space in a five-year signing for the 500,000-sf center in the suburb of Webster. The new deal takes the Fiesta Mart-owned center to 90% occupancy.

NRT Promotes Several Top Execs

remstaff &Globe Street | January 10, 2003

PARSIPPANY, NJ-Cendant's residential brokerage subsidiary, which operates the Coldwell Banker and ERA brands, taps a new COO and CAO, as well as three new SVPs.

Mosler Bullish on '03 Prospects

remstaff &Globe Street | January 10, 2003

NEW YORK CITY-Cushman & Wakefield's president of US operations Bruce Mosler tells GlobeSt.com he is more optimistic than most about the year ahead and says the glut of Manhattan sublease space should start easing up by mid-2003.

AMC Theatre Comes to Mall in Columbia

remstaff | January 10, 2003

COLUMBIA, MD-The Plaza at The Mall in Columbia prepares to welcome a new tenant as AMC Entertainment Inc. commits to opening a new theater in the retail center. The 14-screen, state-of-the-art movie complex is expected to make its debut later this year.

Riggins Takes on VP Role at MeriStar

remstaff &Globe Street | January 10, 2003

WASHINGTON, DC-After four years with MeriStar Hospitality Corp., director of finance Bruce Riggins gets advanced to the position of vice president for strategic planning and analysis. Tasks included in Riggins' new role include the handling of MeriStar's treasury and investor relations.

PM Realty Advisors Calls it Quits

remstaff &Globe Street | January 10, 2003

NEWPORT BEACH, CA-Parent Pacific Life is pulling the plug on its real estate advisory subsidiary, saying it wants to focus on its core business of insurance and related products.

Renovated, Converted Building to be Landmarked

remstaff &Globe Street | January 10, 2003

CHICAGO-Besides a $49-million renovation from offices to multifamily rental units, the Trustees System Service Building at 201 N. Wells St. gets recommended for preliminary landmark designation by the Chicago Commission on Landmarks.

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Doubletree Crystal City Sells for $70M

TIAA Lets London Office Space

Biotech Firm Lines Up 5,148 SF in Westchase

Tuesday Morning OKs 12,132 SF in Suburban Center

NRT Promotes Several Top Execs

Mosler Bullish on '03 Prospects

AMC Theatre Comes to Mall in Columbia

Riggins Takes on VP Role at MeriStar

PM Realty Advisors Calls it Quits

Renovated, Converted Building to be Landmarked

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