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FAA OKs New Logan Runway--With Restrictions

remstaff &Globe Street | August 06, 2002

BOSTON-The Federal Aviation Administration releases approves a new runway at Logan International Airport, but stipulates that it can only be used in windy conditions. This is the first runway in the country to have such restrictions.

Warner Finds Multiple Uses in 108,366-SF Space

remstaff &Globe Street | August 06, 2002

FRANKLIN PARK, IL-The supplier of wall covering products gets 24,000 sf of office space in its move from 108 S. Des Plaines St. to Coolidge Chicago Equities' 9201 W. Belmont Ave., where it subleases from Transilwrap.

Tech Road Building Goes for $27.3M

remstaff &Globe Street | August 06, 2002

SILVER SPRING, MD-In a $27.3-million transaction, the 236,000-sf office complex at 11800 Tech Rd. switches ownership from The Goldstar Group to Corporate Office Property Trust. Once a flight simulator manufacturing facility, the property is 95% leased to tenants including the US Department of Defense.

Low Construction Saves Philly Multifamily Market

remstaff &Globe Street | August 06, 2002

PHILADELPHIA-The fundamentals in the city's multifamily rental market remain strong, even though the vacancy rate inches toward 3.5%, according to a research report by Encino, CA-based Marcus & Millichap's Philadelphia office. Fewer than 1,500 new units will reach completion this year.

Des Moines Buyer Bests 22 for 367-Unit Westchase Complex

remstaff &Globe Street | August 06, 2002

HOUSTON-The hot pursuit for the 22-year-old Celebration at Westchase no doubt was linked to its 95% occupancy and ample room to grow the rent. Buyer BH Equities is honing in on a renovation to do just that.

Brooks Mays Music Lines Up Inline Space at San Antonio's Forum

remstaff &Globe Street | August 06, 2002

SAN ANTONIO-The music retailer is planning a September opening in 6,494 sf at the Forum, a 1.2-million-sf outdoor shopping center in West San Antonio. Kimco and Mike Gribble Inc. are the center's developers.

Regency Plans 100,000-SF Shopping Center

remstaff &Globe Street | August 06, 2002

THORNTON, CO-The Jacksonville, FL-based company buys 20 acres at the northeast corner of 136th Avenue and Colorado Boulevard for a retail center that will be anchored by a 66,000-sf King Soopers.

623,000-SF Distribution Facility Trades for $30M

remstaff &Globe Street | August 06, 2002

WEST SACRAMENTO, CA-The buyer is Transpacific Development Co. of Torrance, Calif. The purchase is part of an acquisition program that began after Transpacific sold more than $500 million of real estate in 1998 to Spieker Properties, a REIT later acquired by Equity Office Properties Trust.

Thomann Exits Bass for Advantis/GVA

remstaff &Globe Street | August 06, 2002

ATLANTA-The former vice president of construction services at Norcross, GA-based W.H. Bass Inc. will head day-to-day operations and manage new business development for Advantis.

Val Thomas Kicks Off $8M Lofts Project

remstaff &Globe Street | August 06, 2002

SEATTLE-The 47-unit condominium development will rise on the east side of 19th Avenue at Denny Way. Val Thomas Inc. paid $1.25 million for the land and is in the midst of spending another $8.2 million to develop it.

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FAA OKs New Logan Runway--With Restrictions

Warner Finds Multiple Uses in 108,366-SF Space

Tech Road Building Goes for $27.3M

Low Construction Saves Philly Multifamily Market

Des Moines Buyer Bests 22 for 367-Unit Westchase Complex

Brooks Mays Music Lines Up Inline Space at San Antonio's Forum

Regency Plans 100,000-SF Shopping Center

623,000-SF Distribution Facility Trades for $30M

Thomann Exits Bass for Advantis/GVA

Val Thomas Kicks Off $8M Lofts Project

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