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New Spec Project Secures Two Tenants

remstaff &Globe Street | May 15, 2002

HOUSTON-A dialysis clinic signs for 19,308 sf at Corporate Center Kirby while a laser surgery and skin care products distributor reserves almost 11,000 sf. The deals take the two-building project to 30% occupancy, but the pipeline holds a lot more.

Regence Buys 84,000-SF in Southern Oregon

remstaff &Globe Street | May 15, 2002

MEDFORD, OR-The one-story tilt-up on Commerce Drive will serve as Regence BlueCross BlueShield's Southern Oregon Regional Headquarters. Regence is expanding from a 27,000-sf building it owns in Downtown Medford that is now being marketed for sale.

260,000-SF Mixed-Use Property Sells for $34M

remstaff &Globe Street | May 15, 2002

NEW YORK CITY-One of the largest properties in the King of Prussia, PA market is bought by sitting tenant PFPC, a subsidiary of PNC bank. The seller is O'Neil properties, also located in King of Prussia. PFPC occupies all but 30,000 sf of the building, the remainder of which is leased to ITT Technical Institute.

500,000 SF American Center Goes to Market

remstaff &Globe Street | May 15, 2002

SOUTHFIELD, MI-REDICO hires local brokerage Signature Associates--ONCOR International after finishing $5 million in renovations at its 500,000-sf building on Franklin Road. The company is completing the second office tower of the Oakland Towne Square here.

Tempe Distribution Site Fetches $1.3M

remstaff &Globe Street | May 15, 2002

TEMPE, AZ-Educational Sales Co. will occupy half of its 25,570-sf purchase, but not for six months. The seller needs to stay put as it searches for another good spot for his carpeting business. The closed deal came within $100,000 of the asking price.

Miller Construction Names Three New Shareholders

remstaff &Globe Street | May 15, 2002

MIAMI-Senior vice presidents W. Edward Cox, Coty L. Fournier and Michele E. Snow were selected by company CEO Thomas J. Miller and president Harley W. Miller for their expertise in growing the 29-year-old general contracting firm in Miami-Dade, Broward and Palm Beach counties.

Opus South Breaks Ground on Spec Office Venture

remstaff &Globe Street | May 15, 2002

ORLANDO-The Minneapolis-based developer is constructing the three-story, 105,000-sf University Corporate Center Two in the Quadrangle Office Park in east Orlando, one of the area's strongest submarkets.

West End Building Commands $84.5M

remstaff &Globe Street | May 15, 2002

WASHINGTON, DC-The 16-year-old class A office building at 2445 M St. sells to Beacon Capital Partners in an $84.5 million transaction with Germany-based owner Deka Immoblien Investment GmbH. Deka bought the 273,000-sf, nine-story property from developer CarrAmerica four years ago for $78.1 million.

20,000 SF of Retail Ready at $30M NoLIta Place

remstaff &Globe Street | May 15, 2002

NEW YORK CITY-Located at 199 Bowery between Spring and Prince streets, the newly completed 12-story luxury residential tower is looking for upscale retail tenants to fill nearly 20,000 sf on the ground and lower levels of the building.

Prandium Sells Hamburger Hamlet for $15M

remstaff &Globe Street | May 15, 2002

IRVINE, CA-The Irvine-based restaurant holding company announces that its wholly owned subsidiary, FRI-MRD Corp., has inked an agreement for the stock sale of its 14-unit Hamburger Hamlet chain. The transaction is part of Prandium's reorganization plan, which was unveiled last June.

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New Spec Project Secures Two Tenants

Regence Buys 84,000-SF in Southern Oregon

260,000-SF Mixed-Use Property Sells for $34M

500,000 SF American Center Goes to Market

Tempe Distribution Site Fetches $1.3M

Miller Construction Names Three New Shareholders

Opus South Breaks Ground on Spec Office Venture

West End Building Commands $84.5M

20,000 SF of Retail Ready at $30M NoLIta Place

Prandium Sells Hamburger Hamlet for $15M

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