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Vision Sees Opportunity in Lisbon Office Market

remstaff &Globe Street | October 15, 2002

LONDON-In one of Portugal's biggest investment deals of the year, the Amorim Group and GE Capital Real Estate have sold Entrecampos 28, a landmark building in Lisbon, to the Vision Office Fund.

Copyright Suit Over Condo Design Seeks $25M

remstaff &Globe Street | October 15, 2002

ROYAL OAK, MI-Two suburban Detroit developers say their unique plans for 12-unit multifamily buildings are being copied by Centex Homes and locally-based Crosswinds Communities. The two-story buildings offer private access to garages.

Crow Wins 1.3M-SF Alamo Crossing Leasing Contract

remstaff &Globe Street | October 15, 2002

HOUSTON-But the big unanswered question is: Why did owner CB Richard Ellis Investors Inc. give the lucrative assignment to a rival? In the meantime, new broker and tenant incentives are in the air.

402-Unit Apartment Complex Trades for $38M

remstaff &Globe Street | October 15, 2002

GARDEN GROVE, CA-Eagle Real Estate Group buys the 402-unit Bayport Apartments using tax-exempt financing that requires it to make 20% of the units available affordable to people with very low-incomes. Eagle also plans to invest $5 million improving the property.

Demetree Enters Builders' Hall of Fame

remstaff &Globe Street | October 15, 2002

ORLANDO-A little-known item in William C. Demetree's 50-year real estate career is that he and his Orlando partners in 1965 sold the late Walt Disney the 12,400 acres in Lake Buena Vista, FL that became the Magic Kingdom, the hallmark of the 30,000-acre Walt Disney World attraction.

Developer Orton Expands in Irvine

remstaff &Globe Street | October 15, 2002

IRVINE, CA-The Northern California firm opens an office in Irvine and names a former Grubb & Ellis senior VP as CEO there. Orton's portfolio and projects include mixed-use rehabilitation, redevelopment, and management of more than 45 projects totaling in excess of 6 million sf.

Third-Quarter Office Vacancies Tanking at 19.7%

remstaff &Globe Street | October 15, 2002

ORLANDO-Subleased space has swollen to 969,960 sf while worst-market honors in metro Orlando fall to the southwest sector with a 29% vacancy, Cushman & Wakefield of Florida Inc.'s newest study shows.

Liberty Northwest Insurance Takes Another 40,000 SF at Liberty Center

remstaff &Globe Street | October 15, 2002

PORTLAND-The anchor tenant and 50% owner of the 16-story Lloyd District office building will use the space to house two automobile insurance firms it acquired back in January. Its co-owner, Ashforth Pacific, which owns two other office towers in the district, shuffled tenants to make room.

Wall Street Watch

remstaff &Globe Street | October 15, 2002

MOODY'S ASSIGNS A3 RATING TO MITSUBISHI ESTATE'S DOMESTIC STRAIGHT BONDS Yen 10 Billion of Debt Securities Affected Tokyo, October 15, 2002 -- Moody's…

345,000-SF Expansion Underway at College Park

remstaff &Globe Street | October 15, 2002

PRINCETON, NJ -Developer Lawrence Zirinsky Associates is doing the new space on a build-to-suit basis, adding to the business park's existing 814,000 sf of office and R&D facilities.

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Vision Sees Opportunity in Lisbon Office Market

Copyright Suit Over Condo Design Seeks $25M

Crow Wins 1.3M-SF Alamo Crossing Leasing Contract

402-Unit Apartment Complex Trades for $38M

Demetree Enters Builders' Hall of Fame

Developer Orton Expands in Irvine

Third-Quarter Office Vacancies Tanking at 19.7%

Liberty Northwest Insurance Takes Another 40,000 SF at Liberty Center

Wall Street Watch

345,000-SF Expansion Underway at College Park

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