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Baseline Foothills Reaches 50% Occupancy

remstaff &Globe Street | September 08, 2003

PHOENIX-A five-year, 11,206-sf lease closes for the 147,454-sf, two-year-old project along Baseline Road. The inbound tenant, Fordyce Floors, joins a roster with Otis Elevator, Diebold, Lifecare Solutions and Regal Plastic.

Grocery Store Wars Heating Up in Twin Cities

remstaff &Globe Street | September 08, 2003

MINNEAPOLIS-Roundy's will invest heavily in its newly acquired 30 Rainbow Foods stores, a good sign for related shopping center landlords.

Cousins Shareholders Hit Pay Dirt

remstaff &Globe Street | September 08, 2003

ATLANTA-The locally based REIT will be paying a total special cash dividend of $100.3 million, or $2.07 per share, on Sept. 22 to holders of record on Sept. 15. Taxable gains from the sale of four projects triggered the dividend.

GlobeSt.com EXCLUSIVE: Merritt Island's Victoria Square Sold

remstaff &Globe Street | September 08, 2003

MERRITT ISLAND, FL-After seven months of negotiations, largely due to an environmental issue, Equity Investment Group Merritt Island LP has sold the 17-tenant, 100%-leased Shoppes of Victoria Square to Victoria Square Partner LLC for $5.98 million, or about $54.04 per sf.

Krispy Kreme Firms Up Expansion Plan

remstaff &Globe Street | September 08, 2003

DALLAS-The doughnut maker hires a Staubach Co. team for site selection in North Texas and Shreveport, LA less than two months after spending $67 million for the franchise buyback as part of a developing corporate strategy.

Woodlands Hawking Fifth Office Building

remstaff &Globe Street | September 08, 2003

THE WOODLANDS, TX-After $1 million in renovations, the 65%-leased, class A Woodlands Southgate comes to market. The Woodlands acquired the 121,497-sf building about three years ago in a property swap with Hewitt Associates.

September Looking Good for CMBS Market

remstaff &Globe Street | September 08, 2003

RICHMOND, VA- The commercial mortgage-backed securities market had a so-so August, but September is expected to be a stellar month, according to the most recent Barron's/John B. Levy & Co. National Mortgage Survey.

Kortz to Head Chamber of Commerce

remstaff &Globe Street | September 08, 2003

DENVER-Veteran real estate executive takes the reigns of the Metro area's Chamber of Commerce with a goal of using the platform as a tool to improve the local economy.

Zyng Noodlery Signs Three-Restaurant Franchise Deal

remstaff &Globe Street | September 08, 2003

MINNEAPOLIS-Randy Portner, a Quiznos franchiser, will open three restaurants in western suburbs of the Twin Cities; Zyng also plans a restaurant at Minneapolis-St. Paul International Airport.

Unico Properties Adds SVP of Management, Leasing

remstaff &Globe Street | September 08, 2003

SEATTLE-Michael Belka, most recently a regional property manager with the Seattle office of Tower Realty Management Corp., will lead the management and leasing team for Unico, which owns and operates 6 million sf of office space.

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Baseline Foothills Reaches 50% Occupancy

Grocery Store Wars Heating Up in Twin Cities

Cousins Shareholders Hit Pay Dirt

GlobeSt.com EXCLUSIVE: Merritt Island's Victoria Square Sold

Krispy Kreme Firms Up Expansion Plan

Woodlands Hawking Fifth Office Building

September Looking Good for CMBS Market

Kortz to Head Chamber of Commerce

Zyng Noodlery Signs Three-Restaurant Franchise Deal

Unico Properties Adds SVP of Management, Leasing

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