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CenterPoint Developments Humming Along

remstaff &Globe Street | July 17, 2002

OAK BROOK, IL-"On time and on budget" becomes a recurring refrain during an earnings conference call, where CenterPoint Properties Trust report on a list of major industrial developments, as well as early leasing deals.

$14M Refi for Kingwood Apartments

remstaff &Globe Street | July 17, 2002

HOUSTON-The Lodge at Kingwood, a three-year-old, 312-unit apartment community in the suburban neighborhood of Kingwood, gets $14.1 million in refinancing from Nationwide Life Insurance. The mortgage is a three-year adjustable-rate loan.

Kilroy Breaks Ground on AMN Building

remstaff &Globe Street | July 16, 2002

DEL MAR, CA-In what is purportedly one of the largest office leases of the year in the county, Kilroy Realty Corp. has begun construction at 12400 High Bluff Drive on the new headquarters for AMN Healthcare Services Inc.

Restaurant Takes Retail Space at 1010 Lamar

remstaff &Globe Street | July 16, 2002

HOUSTON-Chesterfield's Restaurant is reopening at 1010 Lamar St. after Tropical Storm Allison flooded out the 30-year-old business last year. The restaurant chooses a Koll Bren Schreiber Realty Adivsors building.

T. Stacy & Assoc Buys 210,000 SF Park 22

remstaff &Globe Street | July 16, 2002

AUSTIN-The real estate firm, long a mainstay in downtown Austin, branches out to the northwest submarket, promising aggressive marketing of three-building complex on RM 2222. $1 million in renovations are planned as part of the campaign.

TMW Enters Market Via $248M Deal With Davis

remstaff &Globe Street | July 16, 2002

CHICAGO-Making the acquisition on behalf of a German closed-end public fund, Atlanta-based TMW Real Estate Group, LLC pays $265 per sf for the 50-story office building at 181 W. Madison St., which The Davis Cos. bought shortly after Sept. 11.

Office Market Tanks as Owners Offer Six Months Free Rent on Five-Year Leases

remstaff &Globe Street | July 16, 2002

ORLANDO-Five million sf is vacant in the six submarkets monitored in the second half by four area brokerages. Downtown vacancies are at 12.4%, up from 9.5% in the same 2001 period. South Orlando is drowning at a 25.1% vacancy level, up from 15% a year ago.

Apartment Investment Values Strong Despite Forecast of Rising Vacancies

remstaff &Globe Street | July 16, 2002

MIAMI-Mixed signals from a new Marcus & Millichap study predict the South Florida multifamily market will remain robust over the next 12 months despite projections of rising vacancy rates and rents and a construction slowdown.

Metropolitan Life Insurance Expands in AZ

remstaff &Globe Street | July 16, 2002

MESA, AZ-Metropolitan Life Insurance is expanding its presence at the Financial Plaza building in Mesa. The firm has signed a six-year deal for 12,907 sf that is valued at nearly $2 million.

Six WTC Site Proposals Designed to Spark Public Debate

remstaff &Globe Street | July 16, 2002

NEW YORK CITY-Unveiling proposed replacement acreage for the World Trade Center, the Lower Manhattan Development Corp. and the Port Authority yesterday rang the opening bell on what is planned to spark weeks of public discussion. Despite the variety of designs, all renderings reflect Silverstein and the Port Authority's rights as tenant and owner, said LMDC chief Whitehead.

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CenterPoint Developments Humming Along

$14M Refi for Kingwood Apartments

Kilroy Breaks Ground on AMN Building

Restaurant Takes Retail Space at 1010 Lamar

T. Stacy & Assoc Buys 210,000 SF Park 22

TMW Enters Market Via $248M Deal With Davis

Office Market Tanks as Owners Offer Six Months Free Rent on Five-Year Leases

Apartment Investment Values Strong Despite Forecast of Rising Vacancies

Metropolitan Life Insurance Expands in AZ

Six WTC Site Proposals Designed to Spark Public Debate

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