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Land Securities and Capital Shopping Centres Join Forces in Cardiff

remstaff &Globe Street | September 17, 2001

CARDIFF-Land Securities and Capital Shopping Centres have agreed to merge their landholdings in Cardiff to bring forward a 750,000 sf redevelopment of the retail core of the Welsh capital.

GlobeSt.com UPDATE: After 22 Years, $255 Mil Arts Center Project Down to the Wire

remstaff &Globe Street | September 17, 2001

MIAMI-Administrative staff urges Miami-Dade County Commission to quickly ratify a Performing Arts Center construction contract with a consortium that includes Odebrecht Construction, Haskell Co. and Ellis Don Construction.

After a Dry Spell, Paradigm Properties Makes a Local Purchase

remstaff &Globe Street | September 17, 2001

FRAMINGHAM, MA-After laying low for nearly a year, Boston-based Paradigm Properties acquires 959 Concord St. here for $12.15 million. Leggat McCall Properties, which is currently involved in restructuring its company, sold the 76,000-sf building.

Talks Under Way with Retail Prospects for 6.9-Acre Buy

remstaff &Globe Street | September 17, 2001

SACHSE, TX-About 6.9 acres, under contract since spring, are now in the hands of a group of experienced investors who are seeking retailers for pad sites in Sachse, a northeast Dallas suburb. The first closings will come in Q1 2002, the broker confides.

Amazon.com Takes Distribution Space in Reno

remstaff &Globe Street | September 17, 2001

RENO, NV-The Seattle-based company currently leases a 588,560 sf facility in nearby Fernly; it plans to use its new space for overflow storage. The 336,000-sf building has 30-foot-clear ceilings and 76 dock-high doors.

Equity One Closes on $7 Mil Stock Sale

remstaff &Globe Street | September 17, 2001

NORTH MIAMI BEACH, FL-Alony-Hetz Properties & Investments Ltd. exercises warrants to purchase 650,000 shares in the locally based real estate investment trust at a price of about $10.88 a share.

FlatIron Crossing's Marketing Guru Quits

remstaff &Globe Street | September 17, 2001

BROOMFIELD, CO-Marketing director Janet Beaudry will explore other possibilities after putting in 60- to 80-hour weeks at the mall that posted sales of $461 per sf, nearly 30% more than the national average.

Cornerstone Pays $34.7 Mil for Two Properties

remstaff &Globe Street | September 17, 2001

RICHMOND, VA-The REIT paid Poplar and Enclave Housing Associates an average $66,221 per unit for the two adjacent multifamily communities totaling 524 units in suburban Kennesaw, GA, 20 miles northwest of Downtown Atlanta.

Inland Pays Premium $172.55 per SF for Just for Feet Store

remstaff &Globe Street | September 17, 2001

DAYTONA BEACH, FL-The Oak Brook, IL-based retail REIT bought the triple-net leased 22,255-sf property from Wilton Partners Daytona Ltd. for $3.84 million.

Retail Center Sells for $3.3 Million

remstaff &Globe Street | September 17, 2001

SANTA ANA-The auto retail complex, which encompasses 20,381 sf, is occupied by Jiffy Lube and Bridgestone Tires. The seller is Frye Family Partnership and the buyer is T & N Tustin Investments Inc.

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Land Securities and Capital Shopping Centres Join Forces in Cardiff

GlobeSt.com UPDATE: After 22 Years, $255 Mil Arts Center Project Down to the Wire

After a Dry Spell, Paradigm Properties Makes a Local Purchase

Talks Under Way with Retail Prospects for 6.9-Acre Buy

Amazon.com Takes Distribution Space in Reno

Equity One Closes on $7 Mil Stock Sale

FlatIron Crossing's Marketing Guru Quits

Cornerstone Pays $34.7 Mil for Two Properties

Inland Pays Premium $172.55 per SF for Just for Feet Store

Retail Center Sells for $3.3 Million

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