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First United Bank Opening Downtown Branch

remstaff &Globe Street | October 28, 2002

DENVER-Stephen P. Baltz is spending $200 per sf to renovate an office condominium in the historic Equitable Building at Stout and 17th streets for a branch of his family's First United Bank.

Adams, Cooper and Marks Signs Nearly $1.3M Lease in Boca Raton

remstaff &Globe Street | October 28, 2002

MIAMI-The Minneapolis-based company, which helps companies process and collect on non-sufficient funds checks, is paying about $20.75 per sf in this relocation and expansion into 12,500 sf in the North 40 Complex.

Apartment Occupancy at 90.7%

remstaff &Globe Street | October 28, 2002

ORLANDO-Slower construction of new product is a factor in the improved renting performance at metro Orlando's 139,000 multifamily units, according to a six-month study by Charles Wayne Consulting of suburban Maitland, FL.

Industrial Portfolio Fetches $54M

remstaff &Globe Street | October 28, 2002

TORRANCE, CA-First Industrial Realty and the Carlyle Group's 635,532-sf industrial portfolio of five business parks sells in five separate transactions to private and institutional buyers.

Remediation Specialist Signs 21,600-SF Headquarters Lease

remstaff &Globe Street | October 28, 2002

HOUSTON-ACT Service will relocate from within the southwest submarket in a seven-year lease for an office/warehouse at 12610 W. Airport Blvd. Yancey-Hausman and Transwestern work out the details.

Retail Centers Bring Nearly $50M

remstaff &Globe Street | October 28, 2002

ORANGE COUNTY, CA-The sale of a 110,650-sf center in Mission Viejo and a 78,784-sf property in Huntington Beach signal renewed investor interest in retail properties. The sellers received multiple offers on both properties, which were approximately 98% occupied at the time of sale.

$8M Office Sale Part of Transition to Multifamily

remstaff &Globe Street | October 28, 2002

CHICAGO-Kansas City, MO-based Maxus Realty Trust, Inc. will have one remaining office asset in Bloomington, MN once it closes a sale of the 70,000-sf Applied Communications, Inc. Building in Omaha, NE. It has five multifamily properties totaling 812 units.

54,000-SF Facility Sells for $3.4M

remstaff | October 28, 2002

TAUNTON, MA-New England Ice Cream Corp. acquires a 54,000-sf manufacturing/distribution facility for $3.4 million from Keller/Davis Co. New England Ice Cream currently has multiple locations and it will use the new building to consolidate its operations.

Still More Downtown Office Buildings Trade Hands

remstaff &Globe Street | October 28, 2002

CHICAGO-In the last days of October, two more office buildings in Downtown Chicago traded hands, one to a West Coast investor not previously in the Chicago market, the other to a local investor not previously in the Downtown market.

Biopharm Company Expands to 93,000 SF

remstaff &Globe Street | October 28, 2002

BERKELEY HEIGHTS, NJ-Making its second major space grab in less than three years, Genta Inc. has bumped its occupancy way up from its original 12,000 sf within Connell Corporate Center.

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First United Bank Opening Downtown Branch

Adams, Cooper and Marks Signs Nearly $1.3M Lease in Boca Raton

Apartment Occupancy at 90.7%

Industrial Portfolio Fetches $54M

Remediation Specialist Signs 21,600-SF Headquarters Lease

Retail Centers Bring Nearly $50M

$8M Office Sale Part of Transition to Multifamily

54,000-SF Facility Sells for $3.4M

Still More Downtown Office Buildings Trade Hands

Biopharm Company Expands to 93,000 SF

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