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County, Trust Buy 1,900-Foot High Mountain for 47 Cents Per SF

remstaff &Globe Street | January 10, 2001

ATLANTA-Forsyth County and the Trust for Public Land bought Sawnee Mountain and the 295 acres on which it stands from various landowners for $6 million or $20,339 per acre. The purchase was made to preserve the mountain in the face of rapid development in one of the fastest growing counties in the nation. The mountain is 35 miles north of Downtown.

Existing Homes Sales Off Slightly in 2000 and Expected to Drop More

remstaff &Globe Street | January 10, 2001

PHOENIX-Sale of existing homes in the Valley dropped by approximately 2%, but the drop was offset by an overall 7% increase in median price.

Archon Closes Purchase of RREEF's 720 Olive Way

remstaff &Globe Street | January 10, 2001

SEATTLE, WA-In December 1996, RREEF purchased the 20-story office building for $34.6 million. Four years and a renovation later, the pension advisor has sold the tower for just about double what it paid.

Sears $100-Mil Cherry Creek North Proposal Draws Neighbors' Ire

remstaff &Globe Street | January 10, 2001

DENVER-Sears & Roebuck has big plans for an aging store, but the proposal is upsetting other Cherry Creek property owners. The retailer is looking to pump $100 million into a mixed-use development, with a hotel soaring 130 feet and a 120-foot high office tower.

Ann Arbor Office in Hot Downtown Market Goes for $9.6 Mil

remstaff &Globe Street | January 10, 2001

ANN ARBOR, MI-Larson Realty and partners have bought the 81,000-sf building in a package that also includes shopping centers in this college town.

Ryan's Laraway Crossings Business Park to Add 6-Mil SF of Industrial Space

remstaff &Globe Street | January 10, 2001

JOLIET-More than 6 million sf of space built to handle high-capacity data and electrical needs of its tenants is coming to this city 40 miles southwest of Chicago. Ryan Cos. plans to break ground in the spring.

San Diego Office of CB Handles $6.6-Mil Sale of Huntington Center

remstaff &Globe Street | January 10, 2001

SAN DIEGO-Royal Investors Group Inc. of Los Angeles buys the 110,224-sf

Port Recommends Company for Exclusive Negotiating Rights On $37 Mil Pier Project

remstaff &Globe Street | January 10, 2001

SAN FRANCISCO-The San Francisco Port Commission will meet this week to discuss plans for the $37.2 million pier plan. The staff will recommend that the port enter exclusive negotiations with the San Francisco Waterfront Partners, a joint venture between the Jefferson Co. and Putnam Waterfront Partners.

EastGroup Buys Majority of Vacant Land in World Houston Park

remstaff &Globe Street | January 10, 2001

HOUSTON-EastGroup Properties has acquired 63 acres of raw land and a 107,000-sf building in World Houston International Business Center. The developer is gearing up for the first building phase for the land, which can support up to 800,000 sf.

PerkinElmer Shifts Norwalk Operations to Shelton

remstaff &Globe Street | January 10, 2001

SHELTON, CT-PerkinElmer Instruments has signed a lease for 245,000 sf of space at 710 Bridgeport Ave. and will relocate its current operations in Norwalk and Wilton here by the second quarter of this year.

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County, Trust Buy 1,900-Foot High Mountain for 47 Cents Per SF

Existing Homes Sales Off Slightly in 2000 and Expected to Drop More

Archon Closes Purchase of RREEF's 720 Olive Way

Sears $100-Mil Cherry Creek North Proposal Draws Neighbors' Ire

Ann Arbor Office in Hot Downtown Market Goes for $9.6 Mil

Ryan's Laraway Crossings Business Park to Add 6-Mil SF of Industrial Space

San Diego Office of CB Handles $6.6-Mil Sale of Huntington Center

Port Recommends Company for Exclusive Negotiating Rights On $37 Mil Pier Project

EastGroup Buys Majority of Vacant Land in World Houston Park

PerkinElmer Shifts Norwalk Operations to Shelton

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