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$282 Per SF Gets Retail Center

remstaff &Globe Street | October 02, 2002

PLAYA DEL REY, CA-A private family trust acquires the 19,317-sf center for just under $5.45 million, despite some vacancy in the property.

$3.33M Buys 26,642-SF Village Plaza

remstaff &Globe Street | October 02, 2002

VISTA, CA-A trust acquires the retail complex standing at 735 Shadowridge Dr. The center is currently 89% occupied to tenants such as Stoneridge Realty, Village Laundromat and Anna Maria's Pizza.

Great Portland Begins Restructuring With Portfolio Sale

remstaff &Globe Street | October 02, 2002

LONDON-Great Portland Estates has started the process of restructuring its office portfolio with the sale of six non-core properties for pounds 37.3 million ($60 million).

Pulliam Leaves Daniel for CB Richard Ellis in Raleigh

remstaff &Globe Street | October 02, 2002

ATLANTA-The Raleigh, NC-based affiliate of CBRE appoints D. Edward Pulliam senior vice president of leasing. He was previously vice president of leasing for Daniel Corp.'s Mid-Atlantic region and a senior marketing rep for Raleigh-based Highwoods Properties for 14 years.

40,755-SF Office Facility Trades or $8.4M

remstaff &Globe Street | October 01, 2002

SAN DIEGO, CA-Egerton Investments LLC acquires the building from JT Mesa Rim LLC for $8.4 million. Currently occupied by Tretech Software, the facility stands at 9860 Mesa Rim Rd.

Boeing Retains C&W to Oversee Int'l Portfolio

remstaff &Globe Street | October 01, 2002

NEW YORK CITY-The Aerospace company hires Cushman & Wakefield as strategic advisor for its international real estate holdings. The 54-property portfolio spans 23 countries and totals 500,000 sf.

Countrywide Pays $29M for Calabasas Office Building

remstaff &Globe Street | October 01, 2002

THOUSAND OAKS, CA-Countrywide Credit Industries of Calabasas, Calif. acquires the 157,000-sf building on West Hillcrest Drive to house the offices of its Countrywide Bank operation. The building was completed in 1983.

Jacobson's Replaced by Saks Division

remstaff &Globe Street | October 01, 2002

OKEMOS, MI-Meridian Mall will welcome an 84,000 sf Younkers next spring, bringing the department store's total to nine locations in Michigan.

Hunt Properties-Orix JV Unveils $50M Retail Plan

remstaff &Globe Street | October 01, 2002

DENTON, TX-Site work has just kicked off on Denton Crossing, 52 acres plotted with 470,000 sf of retail. The pre-leasing pace drove piecemeal reports about the undertaking, but now Hunt Properties is ready to talk about its largest development.

Austin Office Vacancies, Still Growing, But at Slower Pace

remstaff &Globe Street | October 01, 2002

AUSTIN-Vacancy posted at 24.65% at the Q3 close, up just a shade in three months although sublease space tapered. A level of stability seems to be settling over the Austin office market so tenants might want to think about taking action now.

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$282 Per SF Gets Retail Center

$3.33M Buys 26,642-SF Village Plaza

Great Portland Begins Restructuring With Portfolio Sale

Pulliam Leaves Daniel for CB Richard Ellis in Raleigh

40,755-SF Office Facility Trades or $8.4M

Boeing Retains C&W to Oversee Int'l Portfolio

Countrywide Pays $29M for Calabasas Office Building

Jacobson's Replaced by Saks Division

Hunt Properties-Orix JV Unveils $50M Retail Plan

Austin Office Vacancies, Still Growing, But at Slower Pace

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