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Reverse 1031 Exchange Starts With $490,000 Buy

remstaff &Globe Street | November 14, 2002

DALLAS-A roofing company has started finish-out at 11577 Goodnight Lane, a 9,600-sf building that brings an expansion and new office accommodations. The flip side of the deal is the "for sale" sign hanging at 2912 Barge Lane on the west side of town.

Merrill Lynch Takes up More Than 100,000 SF in Leases

remstaff &Globe Street | November 14, 2002

MIAMI-The company most recently renewed and expanded its lease for a total of 72,612 sf here and inked a relocation lease for 30,392 feet in Coral Gables. And that wasn't all. Combined, the leases are estimated to be valued at $25 million.

Developers Get Two More Years to Break Ground

remstaff &Globe Street | November 14, 2002

PORTLAND-For the second time, the city's urban renewal agency revises its disposition and development agreement with Jim Winkler and Bob Naito for a 12-story, 256,000-sf office building on Naito Parkway, north of the Broadway Bridge.

Hillwood Seals Deal as Developer

remstaff &Globe Street | November 14, 2002

SAN BERNARDINO, CA-The Texas company headed by Ross Perot Jr. signs an agreement formally naming it master developer of the former Norton Air Base, which will become a transportation and logistics hub of up to 2,200 acres.

Kimco Investing in $90M Woodlands Project

remstaff &Globe Street | November 14, 2002

THE WOODLANDS, TX-Kimco Developers will kick in "between 25% and 35%" of the total capitalization for the 468,000-sf Market Street, says developer Trademark. A local OK creates an economic development zone for the town center project.

Space Availability Termed

remstaff &Globe Street | November 14, 2002

WEST ORANGE, NJ-Mitigating factors make it unlikely that the market "will fall off the cliff," according to Insignia/ESG's Robert Rudin, speaking at a forecast event.

Forman Mills Opens 96,000-SF Store

remstaff &Globe Street | November 14, 2002

JERSEY CITY-The apparel discounter's new outlet is in a vacated Bradlees location and marks the chain's northward expansion from its South Jersey base.

$8.5M Park Targets Growing Firms

remstaff &Globe Street | November 14, 2002

OXNARD, CA-A partnership of locally based Teitelbaum Development plans the 95,280-sf project for companies seeking combination industrial and office spaces of 5,000 to 12,000 sf. Groundbreaking is scheduled for early 2003.

C&W Gets Assignment for 542,300-SF Tower

remstaff &Globe Street | November 14, 2002

JERSEY CITY-The 15-story, class A building, located in this city's Journal Square market, is being developed by Hartz Mountain Industries.

CTA Buys Into Fifield's $76M Build-To-Suit

remstaff &Globe Street | November 14, 2002

CHICAGO-A $75.9-million build-to-suit project at 555 W. Lake St. prevails over 13 other lease, purchase and build-to-suit proposals. Biggest loser is Paramus, NJ-based Vornado Realty Trust, the CTA's lessor at Merchandise Mart and 350 N. Orleans St.

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Reverse 1031 Exchange Starts With $490,000 Buy

Merrill Lynch Takes up More Than 100,000 SF in Leases

Developers Get Two More Years to Break Ground

Hillwood Seals Deal as Developer

Kimco Investing in $90M Woodlands Project

Space Availability Termed

Forman Mills Opens 96,000-SF Store

$8.5M Park Targets Growing Firms

C&W Gets Assignment for 542,300-SF Tower

CTA Buys Into Fifield's $76M Build-To-Suit

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