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Downtown Building Regains Prestige, Title

remstaff &Globe Street | January 30, 2002

DETROIT-The 23-story Griswold Place receives a $40 million-upgrade and regains its original name. The BOSC Group Inc. has renamed the 89-year-old, 320,000-sf office tower The Dime Building.

$11.7-Mil Loan for 120-Unit Briarcliff Homes

remstaff &Globe Street | January 30, 2002

KANSAS CITY-The loan, arranged by Arbor Commercial Mortgage, will convert to a 40-year, 7% mortgage following construction. Briarcliff Apartment Homes will be a luxury, high-end market rate, townhouse style apartment development.

Houston's Not Going South in 2002

remstaff &Globe Street | January 30, 2002

HOUSTON-The US economy, Enron and the Hewlett Packard-Compaq merger won't take down the Houston economy, says the Greater Houston Partnership. The job engine is churning and businesses have taken all heavy hits into account for future planning.

Harbor Group Buys and Sells in the Southeast

remstaff &Globe Street | January 30, 2002

NORFOLK, VA-Harbor Group International acquires two apartment complexes in Birmingham, AL for $10.8 million, and lets go of two properties in Alabama and South Carolina for $10.1 million. The real estate company will spend an additional $2.75 million to renovate the new Birmingham additions to its portfolio.

Real Estate Investment Will Outperform Stock Market, Livingston Predicts

remstaff &Globe Street | January 30, 2002

ORLANDO-Rent increases will be moderate this year but demand for all product categories will outpace supply, says the president of the Orlando chapter, National Association of Office and Industrial Properties. Foreign investment will continue to be steady.

CBRE Names Asset Services Division Managing Director

remstaff &Globe Street | January 30, 2002

ATLANTA-Todd A. Pardon has 12 years of experience, most recently as regional vice president with Prentiss Properties Trust.

17-Acre Plot Sells for $3.4 Million

remstaff &Globe Street | January 30, 2002

CHANTILLY, VA-Newmark orchestrates the $3.4-million sale of a 17-acre plot to Moore Cadillac on behalf of owner The Batman Corporation.

Corporate Investment International Credits Networking for Record 2001

remstaff &Globe Street | January 30, 2002

ORLANDO-The 16-year-old, 40-agent firm brokered 54 business property sales transaction valued at $60.5 million, doubling the 2000 volume and surpassing its 2001 projection of $40 million by 51%.

Payless ShoeSource Closing 104 Stores

remstaff &Globe Street | January 30, 2002

TOPEKA, KS-Even after the cutbacks, the 4,974-store retailer expects to have a net increase of 75 to 80 stores this year. Cost of the closings, including lease terminations, are estimated at $70 million.

Skylab Building Fetches $4 Million

remstaff &Globe Street | January 30, 2002

HUNTINGTON BEACH, CA-A sheet metal fabricator snaps up the 46,000-sf facility, which it has occupied since 2000. The building is located in the 107,600-sf Skylab Corporate Center.

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Downtown Building Regains Prestige, Title

$11.7-Mil Loan for 120-Unit Briarcliff Homes

Houston's Not Going South in 2002

Harbor Group Buys and Sells in the Southeast

Real Estate Investment Will Outperform Stock Market, Livingston Predicts

CBRE Names Asset Services Division Managing Director

17-Acre Plot Sells for $3.4 Million

Corporate Investment International Credits Networking for Record 2001

Payless ShoeSource Closing 104 Stores

Skylab Building Fetches $4 Million

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