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TolerRx Leases 37,643 SF at Technology Square

remstaff &Globe Street | January 04, 2002

CAMBRIDGE, MA-TolerRx leases 37,463 sf of space at 300 Technology Square, part of the 1.1 million sf complex owned by the Massachusetts Institute of Technology. The deal is welcome in a market that has seen its vacancy and availability rates shoot up over the past year.

County to Build 10,000-SF Health Clinic

remstaff &Globe Street | January 04, 2002

NORTH CHICAGO, IL-With a 4.1-acre site acquired for $100,000 and more than $900,000 in federal funds, the Lake County Health Department proceeds with plans to build a new primary care clinic at 14th Street and Lewis Avenue.

Northern Corporate Center Ropes 36,457-SF Tenant

remstaff &Globe Street | January 04, 2002

PHOENIX-In a strapped office market, a 36,457-sf tenant steps forward for a 72,000-sf office building along Northern Avenue. Grubb & Ellis and Coldwell Banker Commercial fine-tune the details to seal a lease by Health Services Advisory Group.

Merrill Lynch Shedding 420,000 SF

remstaff &Globe Street | January 04, 2002

DENVER-The brokerage house that was once bullish on job growth here has hired Noon & Co. to find a buyer for its two-building campus on 33 acres in Douglas County. The sales price could top $50 million, experts believe.

Peel Wins Five-Year Planning Appeal for Manchester Retail Park

remstaff &Globe Street | January 04, 2002

MANCHESTER-Peel Holdings, owner of the Trafford Centre at Manchester's Trafford Park, has finally been granted planning permission on appeal for a 200,000-sf retail park on the 12-acre Giants Field site next to the existing mall.

Two Silicon Valley Office Developments Delayed

remstaff &Globe Street | January 04, 2002

SAN JOSE-Developers are feeling the effects of San Jose's economic downturn. This fact is visible as two developers delay their commercial real estate projects for up to one year.

Houston Firm Buys Expansion Dirt for 45 Cents per SF

remstaff &Globe Street | January 04, 2002

ORLANDO-Country Fresh Inc. paid Jetport Park $103,000 or $19,434 per acre for 5.3 acres near Orlando International Airport where the firm plans to build a 45,000-sf center and double its workforce to 200 over the next 12 months.

Blackstone Kicks Off $200-Mil JV With Senior Living Community Buy

remstaff &Globe Street | January 04, 2002

NEW YORK CITY-Investment bank the Blackstone Group completes its first acquisition with new JV partner Capital Senior Living Corp. The property is a 23-acre rental retirement community located in Williamsville NY.

City's Changing Face Prompts Smiles, Frowns

remstaff &Globe Street | January 03, 2002

EAST PALO ALTO-East Palo Alto is undergoing many changes, and will be further transformed with the addition of a five-star luxury hotel. Residents have mixed views about these changes.

Carlow Center Building Sells for $10 Mil

remstaff &Globe Street | January 03, 2002

BOLINGBROOK, IL-Remington Leasing, LLC pays $40.63 per sf for Schiller Park, IL-based Northern Builders, Inc.'s multi-tenant building at 1455 Remington Blvd. delivered 37% occupied. The submarket sees continued speculative building.

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TolerRx Leases 37,643 SF at Technology Square

County to Build 10,000-SF Health Clinic

Northern Corporate Center Ropes 36,457-SF Tenant

Merrill Lynch Shedding 420,000 SF

Peel Wins Five-Year Planning Appeal for Manchester Retail Park

Two Silicon Valley Office Developments Delayed

Houston Firm Buys Expansion Dirt for 45 Cents per SF

Blackstone Kicks Off $200-Mil JV With Senior Living Community Buy

City's Changing Face Prompts Smiles, Frowns

Carlow Center Building Sells for $10 Mil

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