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Sammamish to Build $7M City Hall

remstaff &Globe Street | July 17, 2002

SAMMAMISH, WA-The City of Sammamish plans to build a new city hall and civic campus on 30 acres of city-owned property, and will hold meetings this summer to discuss the project with residents and consultants.

London Investment Remains Strong Despite Weak Occupier Demand

remstaff &Globe Street | July 17, 2002

LONDON-The mismatch between the investment and occupational markets in central London is continuing, according to new research from Jones Lang LaSalle, with investment activity remaining buoyant despite a lack of occupier demand.

$6M Financing Arranged for Charter Schools Operator

remstaff &Globe Street | July 17, 2002

HACKENNSACK, NJ-The funding, arranged by Kennedy Funding, based here, will be used by Mosaica Education to open several new schools in the fall.

Mothers Work Leases 63,500 SF at Business Center

remstaff &Globe Street | July 17, 2002

PHILADELPHIA-The manufacturer/retailer of maternity apparel expands, moving some of its Downtown operation into a 70,318-sf existing structure on the 1,000-acre center under development by the Philadelphia Industrial Development Corp.

Drastic Drop in Values is Par for the Course

remstaff &Globe Street | July 17, 2002

SOUTHFIELD, MI-Golf course owners are suffering nationwide, says David Bur of the real estate valuation firm Stout Risius Ross, especially in Michigan. Redevelopment may be the solution for overbuilding, he suggests.

Shopping Center Changes Hands for $4.5M

remstaff &Globe Street | July 17, 2002

GLENDALE, AZ-The 41,235-sf Gilbert & Houston Plaza in Gilbert has been sold for approximately $4.5 million. This is the second shopping center of similar value to close in the last few weeks.

60,500-SF Office Property Sells for $14.2M

remstaff &Globe Street | July 17, 2002

WASHINGTON, DC-In a $14.2-million deal, the Georgetown Landings office building sells to a local Gates Foundation-funded non-profit organization. The 60,500-sf structure, located at 3333 K St., was built in 1988 and has a 2003 assessment value of approximately $10.3 million

Food Lion Becomes Plaza Grocery Anchor

remstaff &Globe Street | July 17, 2002

LAUREL, MD-Food Lion commits to 38,000 sf in the 155,100-sf Babies "R" Us Plaza off the Baltimore/Washington Parkway. The grocery store, which will open in 2003 as the third Food Lion in the Laurel area, becomes the shopping center's second anchor tenant.

18M-SF Submarket Finally Sees a Deal

remstaff &Globe Street | July 17, 2002

TROY, MI-The 15,736-sf lease with Modern Food Management Systems is likely the only industrial deal of its size during the past six months, says Grubb & Ellis Co. of Southfield brokers who represent both parties.

City Selects Designer for 12-Acre Lake Union Site

remstaff &Globe Street | July 17, 2002

SEATTLE-Seattle Parks and Recreation, which will spend between $28 million and $45 million on a waterfront project in Seattle over the next few years, selects a design consultant for the effort.

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Sammamish to Build $7M City Hall

London Investment Remains Strong Despite Weak Occupier Demand

$6M Financing Arranged for Charter Schools Operator

Mothers Work Leases 63,500 SF at Business Center

Drastic Drop in Values is Par for the Course

Shopping Center Changes Hands for $4.5M

60,500-SF Office Property Sells for $14.2M

Food Lion Becomes Plaza Grocery Anchor

18M-SF Submarket Finally Sees a Deal

City Selects Designer for 12-Acre Lake Union Site

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