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Starbase Terminates Alexandria Office Lease

remstaff &Globe Street | January 30, 2002

ALEXANDRIA, VA-Starbase Corp. is released from its contract at 44 Canal Center Plaza, saving the company about $10 million over the next eight years.

Heavy Hitters Team for Grubb & Ellis Investment Sales Play

remstaff &Globe Street | January 30, 2002

DALLAS-A Southwest US initiative teams Houston's Darrell L. Betts and Dallas' Scot C. Farber, who has left Credit Suisse First Boston to partner with his long-time friend. Today, the team gets its first investment sales listing: 200,000 sf in Houston.

City Selects Intrawest for Winter Park JV

remstaff &Globe Street | January 30, 2002

DENVER-East West Partners turns in a good proposal to operate and develop city-owned Winter Park Resort, but the firm from British Columbia comes in with a better proposal in the eyes of Mayor Wellington E. Webb's executive committee.

SITQ Pays $101 Mil for 50% Stake in 498 Seventh Ave.

remstaff &Globe Street | January 30, 2002

NEW YORK CITY-Northstar Capital Investment Corp. sells its half-ownership in the 25-story Garment District office tower. The building was recently chosen by Washington Mutual Inc. as the site of its first New York City branch.

Syntex Management Gives Up Greenway Plaza Space

remstaff &Globe Street | January 30, 2002

HOUSTON-A corporate training operation from Massachusetts takes over 6,559 sf of office space being relinquished by Syntex Management. Colliers International and Equis brokers negotiate the sublease deal for Eight Greenway Plaza.

Visteon Feels at Home Near $100-Mil Project

remstaff &Globe Street | January 30, 2002

VAN BUREN TOWNSHIP, MI-A $100-million residential and retail development is under construction near the potential site for Ford Motor Co.'s former parts branch's headquarters, built with the help of a $31-million tax abatement.

Frisaura Buys Into CII After Firm Posts Banner Year

remstaff &Globe Street | January 30, 2002

ORLANDO-The managing director for locally based Corporate Investment International invested an undisclosed amount in the 16-year-old, 40-agent business brokerage firm which posted $60.5 million on 54 closed property transactions in 2001.

Einstein Bagels HQ Gets $11-Mil Mortgage

remstaff &Globe Street | January 30, 2002

LAKEWOOD, CO-The 180,000-sf Cole Building in the Denver West Office Park is financed with a loan provided by Fremont Investment & Loan on behalf of Alliance Commercial Partners. L.J. Melody & Co.'s Denver office arranged the deal.

24 Hour Fitness Inks $11.9-Mil Deal

remstaff &Globe Street | January 30, 2002

BREA, CA-The health club chain takes a 37,000-sf facility in the Brea Marketplace, which was previously occupied by a movie theater. The new location is scheduled to open in late summer of this year.

Padilla Speer Beardsley Takes 37,000-SF HQ

remstaff &Globe Street | January 30, 2002

MINNEAPOLIS-The public relations firm will double its space and consolidate its Twin Cities operations at 1101 West River Pkwy. The previous headquarters: two historic Georgian mansions at 224 West Franklin Ave., are on the market.

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Starbase Terminates Alexandria Office Lease

Heavy Hitters Team for Grubb & Ellis Investment Sales Play

City Selects Intrawest for Winter Park JV

SITQ Pays $101 Mil for 50% Stake in 498 Seventh Ave.

Syntex Management Gives Up Greenway Plaza Space

Visteon Feels at Home Near $100-Mil Project

Frisaura Buys Into CII After Firm Posts Banner Year

Einstein Bagels HQ Gets $11-Mil Mortgage

24 Hour Fitness Inks $11.9-Mil Deal

Padilla Speer Beardsley Takes 37,000-SF HQ

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