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PrimePitch Merges With Smaller Rival

remstaff &Globe Street | June 26, 2001

LONDON-Two of the UK's top online investment sites, PrimePitch.com and e-propertyinvestor.com, have agreed to merge, reflecting the increasing trend towards consolidation in the property e-commerce market.<

LNR Beats Forecast by 13 Cents

remstaff | June 26, 2001

MIAMI-The locally based real estate investment, finance and management company reports a 15% increase in second-quarter earnings per share.

DPT Adds More R&D Space, Signs 7,500-SF Lease

remstaff &Globe Street | June 26, 2001

AUSTIN-DPT US Inc., the American branch of a Scotland-based high-tech firm, is beefing up its Austin operation, taking 7,500 sf at Cameron Creek Business Park in northeastern submarket. It also occupies 10,800 sf in a Wall Street building.

GlobeSt.com UPDATE: Mansion Goes to Mystery Offshore Buyer

remstaff &Globe Street | June 26, 2001

GROVELAND, FL-Moose Look Holdings Ltd. of St. Kitts in the Caribbean bought the largest residence in Lake County (32,000 sf) on a 160-acre rural spread off County Road 565 for an undisclosed price estimated to be $6.4 million or $200 per sf.

The Shidler Group Buys Complex for $16 Mil.

remstaff &Globe Street | June 26, 2001

SAN DIEGO-Seville Plaza, a three-building, class-A office complex in Kearny Mesa, has sold for $16.3 million. The purchase marks this year's second major acquisition in the city for the Shidler Group.

Detroit Commercial Board Changes Name

remstaff &Globe Street | June 26, 2001

DETROIT-The group merges with the national real estate association and wants to drop "Detroit" from its moniker as it will now represent commercial brokers outside of the Detroit area.

Southwest Power Signs Five-Year, 11,500-SF Industrial Lease

remstaff &Globe Street | June 25, 2001

HOUSTON-Southwest Power has sealed a five-year deal for an 11,500-sf warehouse in Dallas-based Trammell Crow Co.'s Houston Pine Forest Business Park. The site will be used to build transformer boxes for electrical lines.

430-Unit Spraddle Creek Fetches $34.5 Mil

remstaff &Globe Street | June 25, 2001

AUSTIN-Fairfield Residential Inc. has sold its 430-unit Spraddle Creek Apartments along Parmer Lane for $34.5 million. The buyer is a joint venture of Patronis Group, LNR Property Corp., Granite Associates and Greenstreet Capital LP.

Biotech Takes 82,000 SF at Oyster Point

remstaff &Globe Street | June 25, 2001

SOUTH SAN FRANCISCO-EOS Biotechnology is scheduled to occupy the space in January 2003, when the 564,000 sf Oyster Point office project is expected to be ready for occupancy. The rent is estimated to be about $45-48/sf.

Multifamily Market Healthy as Rent Rises, Vacancy Drops

remstaff &Globe Street | June 25, 2001

HOUSTON-Hendricks & Partners has Q1 2001 surging ahead of the numbers from last year. On a positive note, vacancy has come down nearly 2% points amid a decline in new deliveries. The average monthly rent is up 4.3%.

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PrimePitch Merges With Smaller Rival

LNR Beats Forecast by 13 Cents

DPT Adds More R&D Space, Signs 7,500-SF Lease

GlobeSt.com UPDATE: Mansion Goes to Mystery Offshore Buyer

The Shidler Group Buys Complex for $16 Mil.

Detroit Commercial Board Changes Name

Southwest Power Signs Five-Year, 11,500-SF Industrial Lease

430-Unit Spraddle Creek Fetches $34.5 Mil

Biotech Takes 82,000 SF at Oyster Point

Multifamily Market Healthy as Rent Rises, Vacancy Drops

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