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Architecture Firm Signs on for Hills Plaza

remstaff &Globe Street | August 05, 2002

SAN FRANCISCO-Gensler Architecture, a consultant for the Lucas Presidio design team, has signed a long-term lease to occupy 56,000-sf in SOMA's historic Hills Plaza. The seven-story mixed-use building includes 180,000-sf of office space and 25,000-sf of retail space.

Brookhollow Pair Rings Up $9.3M

remstaff &Globe Street | August 05, 2002

SANTA ANA, CA-Chung and Co. LLC acquires the two office facilities, which are part of the 24-building, 400,676-sf Brookhollow Office Park. Located at 1560 and 1570 Brookhollow, the facilities encompass a total of 76,101 sf.

European Office Rents on the Slide

remstaff &Globe Street | August 05, 2002

LONDON-New research from CB Richard Ellis shows that prime office rents across the European Union fell by 2% in the second quarter of 2002 alone, with Spanish and German centres suffering the most.

Subsidized Senior Multifamily Community Sells

remstaff &Globe Street | August 05, 2002

LITTLETON, CO-Financing is key to a deal that sees the local housing authority pay $61,333 per unit for an asset appraised at two-thirds that price. A rent subsidy will continue beyond its scheduled 2003 expiration.

MeriStar Unloads Three Hotels, 556 Rooms

remstaff &Globe Street | August 05, 2002

WASHINGTON, DC-MeriStar Hospitality Corporation disposes of a portfolio of three hotels--in Houston, TX, Mahwah, NJ and Mt. Arlington, NJ. The sales span 293 rooms, 139 rooms, and 124 rooms, respectively.

Retail Show Starts at Georgetown's 125-Acre Rivery

remstaff &Globe Street | August 05, 2002

GEORGETOWN, TX-The Central Texas town rolls out the red carpet for a ceremonial ground-breaking on its largest retail project. The plan includes a Super Wal-Mart, Home Depot and 125,000 sf of inline retail and pad sites for up to five restaurants.

European Office Rents on the Slide

remstaff &Globe Street | August 05, 2002

LONDON-New research from CB Richard Ellis shows that prime office rents across the European Union fell by 2% in the second quarter of 2002 alone, with Spanish and German centres suffering the most.

Trammell Crow Changes Database Methodology

remstaff &Globe Street | August 05, 2002

DENVER-As far as Trammell Crow is concerned, the market's inventory of office space is 95 million sf, rather than 53 million sf, once buildings larger than 20,000 sf are included. The figure does not include owner-occupied properties.

John Deere Sells 300,000-SF Tennessee Asset

remstaff &Globe Street | August 05, 2002

ATLANTA-Chattanooga-based Astec Industries buys the plant, located on 108 acres in Loudon, TN, for a price estimated by local brokers as $3.4 million or about $11 per sf.

Soho Square Refurb to Test Office Rents

remstaff &Globe Street | August 05, 2002

LONDON-Asticus, part of the Swedish IVG Group, has completed the refurbishment of its 61,113-sf landmark offices at 20 Soho Square, London W1. The biggest project completed in Soho this year will be a test of the central London office market.

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Architecture Firm Signs on for Hills Plaza

Brookhollow Pair Rings Up $9.3M

European Office Rents on the Slide

Subsidized Senior Multifamily Community Sells

MeriStar Unloads Three Hotels, 556 Rooms

Retail Show Starts at Georgetown's 125-Acre Rivery

European Office Rents on the Slide

Trammell Crow Changes Database Methodology

John Deere Sells 300,000-SF Tennessee Asset

Soho Square Refurb to Test Office Rents

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