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13-Building Multifamily Package Sale Fetches $18 Mil

remstaff &Globe Street | January 30, 2002

LIVINGSTON, NJ - The portfolio sale, which involves 630 apartment units in Essex and Union counties, was closed in just three weeks from contract signing. The deal was brokered by Gebroe-Hammer.

Longtime Commercial Broker to Head Downtown Association

remstaff &Globe Street | January 30, 2002

BELLEVUE, WA-Office vacancies here are flirting with 25% and there's an eight-story hole in the Downtown core; it's an interesting time to be taking the reigns of the Bellevue Downtown Association.

Quadrant Corp. Relocates HQ to Trailside

remstaff &Globe Street | January 30, 2002

BELLEVUE, WA-The Weyerhauser real estate company will move the Snoqualmie Ridge administration's office headquarters to the Trailside building at Quadrant's Snoqualmie Ridge Business Park next month.

Area Multifamily Deemed Tight, Moving Forward

remstaff &Globe Street | January 30, 2002

DETROIT-If automakers' 2001 rebates and 0% financing turns 2002 sales into a boost, effects could be felt through the multifamily market, according to a report by Marcus and Millichap.

Town Explores Options for 14.5-Acre Parcel

remstaff &Globe Street | January 30, 2002

NATICK, MA-The town of Framingham is considering what to do with a 14.5-acre parcel it owns here. An effort to sell the parcel to a developer was rejected because many residents want to see the property remain as conservation land.

SJSU Cans Research Park, Plans More Housing

remstaff &Globe Street | January 30, 2002

SAN JOSE-San Jose State University officials, citing the decrease in the commercial real estate market, ditch plans for a commercial/research park in favor of expanding on-campus housing.

Panel Pushes Separate Twins, Football Arenas

remstaff | January 30, 2002

ST. PAUL, MN-User fees or proceeds from expanded gaming in the state are among proposals to provide public money for the stadiums. Total cost of both stadiums is estimated at $825 million.

University Acquires 81,500-SF Building for Med School

remstaff &Globe Street | January 30, 2002

WORCESTER, MA- The University of Massachusetts-affiliated Worcester City Campus Corp. acquires 100 Century Dr. here in the Worcester Corporate Center for $6.8 million. The 81,500-sf building will be used by the University of Massachusetts Medical School while its building undergoes an approximately $50 million renovation.

Shamrock, RAD Venice Team on Studios Project

remstaff &Globe Street | January 30, 2002

VENICE, CA-The Genesis LA Real Estate Fund, managed by Shamrock Capital Advisors, has provided RAD Venice, a Santa Monica-based development company, a $4.3 million loan for the development of the second phase of Hampton Studios on Main Street here.

London Heathrow has the World's Most Expensive Distribution Space

remstaff &Globe Street | January 30, 2002

LONDON-Although occupational costs have fallen by 16% over the past six months, the most expensive distribution space in the world can still be found at London's Heathrow airport according to new research from King Sturge.

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13-Building Multifamily Package Sale Fetches $18 Mil

Longtime Commercial Broker to Head Downtown Association

Quadrant Corp. Relocates HQ to Trailside

Area Multifamily Deemed Tight, Moving Forward

Town Explores Options for 14.5-Acre Parcel

SJSU Cans Research Park, Plans More Housing

Panel Pushes Separate Twins, Football Arenas

University Acquires 81,500-SF Building for Med School

Shamrock, RAD Venice Team on Studios Project

London Heathrow has the World's Most Expensive Distribution Space

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