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First Independent Adds Lending Executive

remstaff &Globe Street | May 21, 2002

VANCOUVER, WA-In an effort to continue expanding its commercial lending business, First Independent Bank recently created a new top management position. Former Bank of America executive Mark Brandon has been named a senior vice president and chief lending officer at the 22-branch bank.

US Mayors Converge on DC to Forge National Housing Agenda

remstaff &Globe Street | May 21, 2002

Washington, DC-Boston Mayor Tom Menino has rallied US mayors to put their heads together and develop proposals for a national housing agenda. The results of yesterday's meetings will be presented to congress today.

Marriott Sells Five Housing Properties for $59M

remstaff &Globe Street | May 21, 2002

WASHINGTON, DC-Marriott International Inc. sells five assisted living communities to CNL Retirement Corp. for $59 million. As part of the deal, Marriott takes on 23% equity interest in CNL and stays on as manager of the properties located in California, Maryland, and Massachusetts.

Cushman & Wakefield Healey & Baker Calls the End of the Bear Market

remstaff &Globe Street | May 21, 2002

LONDON-UK property yields are falling again, according to Cushman & Wakefield Healey & Baker's latest quarterly market report. The return of institutional money has resulted in more competition in the market for prime property.

Mixed-Use Building Sells for $2.88M

remstaff &Globe Street | May 21, 2002

NORTH HOLLYWOOD, CA-The 28,392-sf office and retail property was sold by Southern Calif.-based Woodman Partners to Cyrus Etemad, a private investor. The capitalization rate on the deal was about 12% at the time of sale.

Trammell Crow Beefs Up Austin Office's Industrial Division

remstaff &Globe Street | May 21, 2002

AUSTIN-The industrial division gets two property managers, two assistant property managers and an associate. Two administrative hires round out the changes for Trammell Crow's state capital team.

$20M Facility at UCI Winding Up

remstaff &Globe Street | May 21, 2002

IRVINE, CA-Encompassing 68,000 sf, the recently completed building is the second major facility to be built within the UC Irvine Biomedical Research Center. The Robert R. Sprague Family Foundation Hall includes 36,000 sf of open laboratory and support space, in addition to the state's only Cancer Genetic Network Center.

143,000-sf Industrial Building Sells

remstaff &Globe Street | May 21, 2002

SAN FRANCISCO-An industrial gas company sells a 143,000-sf industrial building in Fremont for $5.35 million to Allen Mizael and an automobile salvage auction company signs a long-term lease to occupy 70,000-sf of in Fairfield.

Anschutz Proposes $450M NFL Stadium

remstaff &Globe Street | May 21, 2002

LOS ANGELES-Promising to bring the National Football League and the Super Bowl back to Los Angeles, Anschutz Entertainment Group has plans to build a 64,000 seat stadium in the Downtown section of the city not far from its successful Staples Center development.

Law Firm Expands Office From 18,000 to 47,000 SF

remstaff &Globe Street | May 21, 2002

PRINCETON, NJ-The Pennsylvania-based Reed Smith LLP cites its rapid growth in the New Jersey market for leasing and building out the extra space at Princeton Forrestal Center.

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First Independent Adds Lending Executive

US Mayors Converge on DC to Forge National Housing Agenda

Marriott Sells Five Housing Properties for $59M

Cushman & Wakefield Healey & Baker Calls the End of the Bear Market

Mixed-Use Building Sells for $2.88M

Trammell Crow Beefs Up Austin Office's Industrial Division

$20M Facility at UCI Winding Up

143,000-sf Industrial Building Sells

Anschutz Proposes $450M NFL Stadium

Law Firm Expands Office From 18,000 to 47,000 SF

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