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Veteran Silicon Valley Broker Receives Community Honor

remstaff &Globe Street | March 13, 2001

SAN JOSE-The Association of Silicon Valley Brokers honored Mark Ritchie this week with the Mike Murphy Award, given each year to an ASVB member who makes extraordinary contributions to the organization and the South Bay community.

Cathartes to Sell Residential Project

remstaff &Globe Street | March 13, 2001

BOSTON-Cathartes Investments looks to sell its 710-unit residential project here in South Boston across from the proposed convention center. The company has just received its approvals for developing the property, which significantly raises the value of the site.

Harbor Buys Retail, Office Center in Ann Arbor

remstaff &Globe Street | March 13, 2001

BLOOMFIELD HILLS, MI-The investment, development and management firm buys a 83,319-sf shopping and office center in Ann Arbor, MI. The mall is 100% leased and has retained high occupancy since opening in the 1970s.

Quake-Damaged Bon Marche Reopens Three Floors at Southcenter Mall

remstaff &Globe Street | March 13, 2001

RENTON, WA-Though the rest of the mall here has been open, the Bon has been closed since the earthquake due to significant damage to its north and south walls. The basement, first and second floors reopened Sunday.

Quantitude Takes 45,000 SF at Executive Center One

remstaff &Globe Street | March 13, 2001

DENVER-Quantitude is moving into 45,000 sf at the Executive Center One. The company is building one of the world's largest telecommunications TCP/IP networks, due to deliver in 2002.

Boutique Hotel to Rise on 30-Year Old Parking Lot

remstaff &Globe Street | March 13, 2001

NEW YORK-Richard Born and Ian Schrager purchased the property for $7 million and plan putting up a $30-million property.

Newport Beach Developer Pays $15 Mil for Commercial Site

remstaff &Globe Street | March 13, 2001

OTAY MESA, CA-Newport Beach-based Master Development Corp. has acquired 15 acres in Otay Mesa for $15 million to develop Britannia Corporate Center.

Liquidating REIT Reports Improved Occupancy

remstaff &Globe Street | March 13, 2001

CHICAGO-Banyan Strategic Realty Trust increases occupancy to 87% in the first quarter of 2001 while efforts continue to sell the REIT's assets to Denholtz Management Corp. amid an ongoing legal battle with its former president.

Archstone Buying Its Own Stock

remstaff &Globe Street | March 13, 2001

DENVER-Archstone Communities is buying $50 million of stock from Security Capital. The seller wants more flexibility, a feat being accomplished by selling interests in 18 companies, Archstone among them.

Architectural Firm and Dance Studio Purchase New Facilities

remstaff &Globe Street | March 13, 2001

COSTA MESA, CA-An architectural firm is already occupying a building it purchased for $1.132 million. Arthur Murray Dance Studio has purchased a building and plans to open a new dance studio there this summer.

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Veteran Silicon Valley Broker Receives Community Honor

Cathartes to Sell Residential Project

Harbor Buys Retail, Office Center in Ann Arbor

Quake-Damaged Bon Marche Reopens Three Floors at Southcenter Mall

Quantitude Takes 45,000 SF at Executive Center One

Boutique Hotel to Rise on 30-Year Old Parking Lot

Newport Beach Developer Pays $15 Mil for Commercial Site

Liquidating REIT Reports Improved Occupancy

Archstone Buying Its Own Stock

Architectural Firm and Dance Studio Purchase New Facilities

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