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Building Sale will Bring Bronx Food Firm to Rockland

remstaff &Globe Street | November 21, 2002

CONGERS, NY-Fischer Foods, a food distributor based in the Hunts Point section of the Bronx, will be relocating to a portion of 200 Brenner Driver, a 42,897-sf building in Congers, according to officials with Rockland Realty Corp.

First Industrial Adds to Texas Holdings

remstaff &Globe Street | November 21, 2002

DALLAS-First Industrial Realty Trust acquires six properties for $20.8 million and sells two others for $16.3 million, giving the real estate investment firm a stronger foothold in the Texas market.

200-Unit Complex Sells for $33.4M

remstaff &Globe Street | November 21, 2002

RANCHO BERNARDO, CA-Colrich Communities LLC acquires a 17-year-old multifamily property on 20 acres here at 11880 Caminito Ronaldo. The seller was Rreef Apartment Fund I - Four Inc.

City Dips Into Reserves to Pay Hotel Design Fees

remstaff &Globe Street | November 21, 2002

DENVER-The $2.5 million for architectural fees for the planned 1,100-room Hyatt Regency Convention Hotel comes from the city's fleet reserve fund, which has about $22 million. City council approval comes with a pledge to repay the reserve fund.

Court Enters Injunction Against Beacon Hill

remstaff &Globe Street | November 21, 2002

SUMMIT, NJ-The $2 billion hedge fund manager has consented to the court's order in the wake of charges that it overstated losses relating to "bets" on mortgage-backed securities by three feeder and one master fund.

San Diego Office Facility Fetches $2.5M

remstaff &Globe Street | November 21, 2002

SAN DIEGO, CA-Private investor Hilbert Chu acquires the 20,098-sf building, which stands at 2555 Camino del Rio South. The property is a multi-tenant facility that was nearly 100% occupied at the time of sale.

Airport Holiday Inn Renovation Complete

remstaff &Globe Street | November 21, 2002

PORTLAND-Springfield, Mo.-based John Q. Hammons Hotels ceremoniously reopens the 286-room Holiday Inn Portland Airport Hotel following a $2-million renovation of the lobby, atrium and half the guest rooms. The same public company owns the nearby Airport Embassy Suites.

City Planning Board Approves 767-Unit Project

remstaff &Globe Street | November 21, 2002

CAMBRIDGE, MA-The city's planning board gives a thumbs up to Charles E. Smith Residential's 767-unit multiphase project to be located on a five-acre parcel in the North Point section of East Cambridge. Construction on the first phase of the project is set to begin this summer.

64,000-SF Distribution Building Sells For $3.8M

remstaff &Globe Street | November 21, 2002

MILFORD, MA-Clarke Distribution purchases 393 Fortune Blvd. from Dunkin' Donuts Northeast Distribution Center Inc for $3.8 million. The company plans to nearly double the size of the building and use it as its corporate headquarters, showroom and distribution center.

City Sells 17 Acres for $100M Reserve Bank

remstaff &Globe Street | November 21, 2002

DETROIT-Construction is expected to begin next year on the 260,000-sf building, where about 275 Federal Reserve employees will oversee banking activities in the Midwest region. The city sells the land for about $3 million.

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Building Sale will Bring Bronx Food Firm to Rockland

First Industrial Adds to Texas Holdings

200-Unit Complex Sells for $33.4M

City Dips Into Reserves to Pay Hotel Design Fees

Court Enters Injunction Against Beacon Hill

San Diego Office Facility Fetches $2.5M

Airport Holiday Inn Renovation Complete

City Planning Board Approves 767-Unit Project

64,000-SF Distribution Building Sells For $3.8M

City Sells 17 Acres for $100M Reserve Bank

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