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Record Price Paid for Apartments

remstaff &Globe Street | July 09, 2001

DENVER-Boston-based General Investment & Development Co. pays $78.7 million to Dallas-based JPI for the 652-unit Jefferson at Meridian. The seller probably would have been higher had JPI waited to increase occupancy.

Investor Snags 45,000-SF Warehouse

remstaff | July 09, 2001

HOUSTON-A Houston investor has taken the title to a 45,000-sf warehouse along S. Interstate 35 in a deal brokered by NAI Partners Commercial and Southwest Realty Advisors. The property had carried a $650,000 asking price.

Bycor Construction Begins Apartment Facelift

remstaff &Globe Street | July 09, 2001

SAN DIEGO-A local construction company is tapping into the county's hot apartment market, launching a nearly $1 million renovation of a Mission Valley complex.

Demand Keeps OC Industrial Market Steady

remstaff &Globe Street | July 09, 2001

ORANGE COUNTY, CA-As the lack of new construction keeps demand for industrial product high in Orange County, the region's industrial market has remained fairly stable, according to a recently released report by Voit Commercial Brokerage.

Maguire Picks Architect, Looks for Buyer

remstaff &Globe Street | July 09, 2001

LOS ANGELES-Development firm MaguirePartners chooses designer for key Playa Vista component. Decision on sale of major stake in the company will come soon.

O'Hare Industrial Sales Average $40 Per SF

remstaff &Globe Street | July 09, 2001

ELK GROVE VILLAGE, IL-A 100%-leased 25,000-sf industrial building at 65 Kelly St. is sold for $1.05 million after a 20,616-sf industrial building at 115 Gateway in west suburban Bensenville sells for $825,000.

Advantis Gets 42,866-SF Sublease Job

remstaff &Globe Street | July 09, 2001

ATLANTA-Paradyne, a Fairlawn, NJ-based broadband hardware maker, is contracting with locally based Advantis Real Estate Services Co. to find office tenants for its Building H in Spectrum Technology Park, Largo, FL, a Tampa suburb 80 miles west of Downtown Orlando. The negotiated fee was not disclosed.

Lenders Red-lining Certain Projects

remstaff &Globe Street | July 09, 2001

ORLANDO-Market leaders in office, retail and multifamily get favorable treatment while industrial projects have to beg a little more, Mark L. Findura, president of locally based R.J. Twitty & Co. II, tells GlobeSt.com. Loan interest rates aren't falling below 6.75%.

Hotel Renaissance Continues with Gaslamp Hilton

remstaff &Globe Street | July 09, 2001

SAN DIEGO-Construction is moving forward on the latest Gaslamp area hotel -- the $3 million Hilton San Diego Gaslamp Quarter at Bridgeworks. It's one of a handful of new hotel projects in the Downtown area, which is experiencing increased demand caused by the new Convention Center.

$155-Mil Loan Finances RREEF Portfolio

remstaff &Globe Street | July 09, 2001

CHICAGO- Prudential Mortgage Capital Co. uses a $91-million securitized "A note" and $64.4-million non-securitized "B note" to finance industrial, retail, office and multifamily properties in eight markets.

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Record Price Paid for Apartments

Investor Snags 45,000-SF Warehouse

Bycor Construction Begins Apartment Facelift

Demand Keeps OC Industrial Market Steady

Maguire Picks Architect, Looks for Buyer

O'Hare Industrial Sales Average $40 Per SF

Advantis Gets 42,866-SF Sublease Job

Lenders Red-lining Certain Projects

Hotel Renaissance Continues with Gaslamp Hilton

$155-Mil Loan Finances RREEF Portfolio

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