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Parke Chapman

Parke’s Recent activity

Office Development Wave Hits D.C.
Jun 01, 2004
Washington, D.C. owes its status as the nation's tightest office market to a vibrant local job market. The metro area produced nearly 37,000 new jobs in 2003, many of them within its thriving legal and governmental...
New Lease Raises Occupancy at Chicago Building to 90%
May 28, 2004
Chicago-based private equity firm CIVC Partners has signed a 12,218 sq. ft. office lease at 191 North Wacker Drive in Chicago. Once finalized, the company’s lease will increase the occupancy of the West Loop building...
SVP Arabe Departs CoStar
May 24, 2004
Senior Vice President Michael Arabe has announced his departure from publicly traded data provider CoStar Group. Arabe will be leaving for personal reasons...
Grubb & Ellis Reports Net Loss in the First Quarter
May 19, 2004
Grubb & Ellis (OTC: GBEL) reported a $3.7 million net loss for the first quarter of 2004. The Northbrook, Ill.-based real estate services firm posted a net loss of $16.1 million, or $1.06 per common share, for the...
Mack-Cali President Resigns
May 12, 2004
Timothy Jones, president of Mack-Cali Realty Corp., has resigned "to pursue private investment opportunities," according to the firm, and CEO Mitchell Hersh will assume the title of president. Jones worked for...
Virgo Leases a Full Floor at Empire State Building
May 12, 2004
Virgo Business Centers has leased the 59th floor of the Empire State Building. The company, which leases full-service, subdivided office suites, will occupy 22,000 sq. ft. in September. The space includes 66 executive...
ProLogis to Buy Keystone for $1.6B
May 04, 2004
Industrial REIT ProLogis has agreed to buy Keystone Property Trust for $1.6 billion. ProLogis partnered with Eaton Vance Fund Affiliates in the transaction, which is expected to close in the third quarter of 2004...
Jury: Silverstein Payout Limited to One Attack
May 04, 2004
World Trade Center leaseholder Larry Silverstein was dealt another legal setback yesterday. A Manhattan jury ruled that the largest insurer of the Trade Center complex — Swiss Re — was operating under contractual...
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