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Investors for Barracks Few and Far Between

remstaff &Globe Street | October 20, 2002

SAN FRANCISCO-The Presidio Trust is relying on investors to help rehabilitate the Presidio's Montgomery Street barracks, but the estimated renovation costs coupled with the current economy, has kept interest light.

Oil Town Pocket Hits Auction Block, 600,000-Plus SF

remstaff &Globe Street | October 20, 2002

MIDLAND, TX-Las Vegas casino owner Ralph Engelstad ends eight years of looking for the right buyer and price for a Midland office portfolio. The "no minimum" auction is to be "absolute," but industry sources say there could be some surprises.

Multifamily Complex Fetches $166,666 Per Unit

remstaff &Globe Street | October 20, 2002

SAN DIEGO, CA-An LLC pays $1.5 million for the property, known as Monroe. The nine-unit apartment complex, which is a condo conversion, stands at 2230 Monroe Ave. in San Diego.

Seniors Apartments Sell for $7.92M

remstaff &Globe Street | October 18, 2002

HEMET, CA-The property, for tenants 55-and-older, is one of relatively few such complexes to be offered for sale in a tight market. The 11-building complex was 96% occupied at the time of sale.

Philly's Rubenstein Hires Eastdil to Scout Capital City Plaza Buyers

remstaff &Globe Street | October 18, 2002

ATLANTA-The Philadelphia-based owner is considering selling the 18-story, 410,000-sf trophy property in Buckhead for about $80 million or $195 per sf. The building is 93% leased at rates of about $28 per sf.

Cable Systems Supplier Adds Houston Office

remstaff &Globe Street | October 18, 2002

HOUSTON-Suncoast Post-Tension, a division of a London company, signs for 7,501 sf at Bridgewood I, a 135,777-sf suburban office building in the North Belt/Greenspoint submarket. It's the firm's second Houston office.

$100B Terrorism Insurance Deal Struck

remstaff &Globe Street | October 18, 2002

WASHINGTON, DC-Congressional negotiators reach an agreement on a $100 billion terrorism insurance package, calling for the government to cover 90% of terror-attack incurred damages beyond $10 billion. All conferees must sign off on the deal before the House and Senate can pass the legislation.

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Investors for Barracks Few and Far Between

Oil Town Pocket Hits Auction Block, 600,000-Plus SF

Multifamily Complex Fetches $166,666 Per Unit

Seniors Apartments Sell for $7.92M

Philly's Rubenstein Hires Eastdil to Scout Capital City Plaza Buyers

Cable Systems Supplier Adds Houston Office

$100B Terrorism Insurance Deal Struck

Region Wide Industrial Vacancy Flirts With 10%

Product Review - SPACEdirect 2.0

First Industrial Offers 2.9M-SF Package for $132M

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