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Sun Life Completes 100,000-sf Leicester Sale-And-Leaseback Deal

remstaff &Globe Street | January 20, 2002

LONDON-Sun Life Pension Management Limited has bought the long lease of Emerson Process Management's massive office and production facilities on Meridian Business Park, Leicester. Sun Life achieved a yield of 9.75%

MacFarland Takes 40,000-sf Prelet On Trafford Park Shed

remstaff &Globe Street | January 20, 2002

MANCHESTER-The proposed 40,000-sf Empire Court warehouse complex on Trafford Park has been pre-let. MacFarland Group has acquired the facility for its national packaging operation.

Navy Yard Metro Center Sells for $68 Million

remstaff &Globe Street | January 18, 2002

WASHINGTON, DC-On behalf of Prudential Real Estate Investors, Spaulding & Slye Collliers sells the Navy Yard Metro Center to Dallas, TX-based Crow Holdings for $68 million. The 275,000-sf structure is fully leased.

Short Elliott Hendrickson Opens New Office

remstaff | January 18, 2002

ROCHESTER, MN-The architectural and engineering firm has tapped Gary Gray as head of the new office. The move is part of the firm's local focus, putting offices in areas where its clients are.

AMB Buys Freight-Forwarding Asset for $3 Mil

remstaff &Globe Street | January 18, 2002

ATLANTA-The San Francisco-based investor paid a subsidiary of locally based John W. Rooker & Associates $32 per sf for a fully-leased, 95,400-sf structure near the intersection of Jonesboro Road and Interstate 285.

IDEC Gets Thumbs Up from Planners for Campus

remstaff &Globe Street | January 18, 2002

OCEANSIDE, CA-A drug company has received blessing from the city Planning Commission on its $1.3 billion, campus-style research and development facility.

BJ's Pays Premium for Virginia Dirt

remstaff &Globe Street | January 18, 2002

RICHMOND, VA-The Natick, MA-based retailer purchased 15.8 acres for $3.6 million or $227,848 per acre ($5.23 per sf) at Hanover Square Shopping Center in Mechanicsville where it plans to build a 108,000 sf store.

Ballpark Opponent Claims Judge is Biased

remstaff &Globe Street | January 18, 2002

SAN DIEGO-A retired law professor who filed a lawsuit to block the San Diego Padre's ballpark project says the judge should be disqualified because of a city bias.

Small Investors Parking Money in Apartments

remstaff &Globe Street | January 18, 2002

SEATTLE, WA-Asking prices are beginning to drop and individuals are looking for less volatile alternatives to the securities markets. The convergence is keeping deal flow moving, says Paul Mickley of Paragon Real Estate Advisors.

Miller Park Board Sues Over Roof Costs

remstaff &Globe Street | January 18, 2002

MILWAUKEE-Mitsubishi says the roof for the new $393-million stadium cost far more than the one they agreed to build. Southeast Wisconsin Professional Baseball Park District alleges negligence and poor management.

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Sun Life Completes 100,000-sf Leicester Sale-And-Leaseback Deal

MacFarland Takes 40,000-sf Prelet On Trafford Park Shed

Navy Yard Metro Center Sells for $68 Million

Short Elliott Hendrickson Opens New Office

AMB Buys Freight-Forwarding Asset for $3 Mil

IDEC Gets Thumbs Up from Planners for Campus

BJ's Pays Premium for Virginia Dirt

Ballpark Opponent Claims Judge is Biased

Small Investors Parking Money in Apartments

Miller Park Board Sues Over Roof Costs

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