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Swiss Company Moves Up to Less Expensive Space

remstaff &Globe Street | April 25, 2003

ELK GROVE VILLAGE, IL-Switzerland-based freight forwarder Kuehne & Nagel reduces its cost per square foot in a move from 82,270 sf at 90 Division St. in Bensenville to 146,000 sf at 400 N. Busse Rd.

Industrial Market Holds Steady, But Recovery Will Be Slow

remstaff &Globe Street | April 25, 2003

DETROIT-Colliers report shows industrial space is not facing the same wild fluctuations

Windowless Office Building Sells

remstaff &Globe Street | April 25, 2003

HOUSTON-It took 18 months, but a buyer has been found for the 11,152-sf building on 1.3 acres in the deed-restricted Northwest Crossing Business Park. The final price fell close to the $775,000 ask.

Gloomy Forecast for Cambridge

remstaff &Globe Street | April 25, 2003

CAMBRIDGE, MA-Cresa Partners indicates that this area's corporate real estate market is going to struggle with rising vacancies and reduced rents before things turn around. Layoffs and space givebacks in the life-sciences sector are the culprits.

Manufacturer Slates New 100,000-SF Facility

remstaff &Globe Street | April 25, 2003

WRIGHTSTOWN, NJ-E.P. Henry Inc. will build its new manufacturing plant on a 57-acre industrial-park site that it is in the process of acquiring from this South Jersey town.

Storage Company Secures 30,500-SF Structure

remstaff &Globe Street | April 25, 2003

CHESAPEAKE, VA-A bit of change takes place in the 700-acre Cavalier Industrial Park as QZA Inc. sells its 30,500-sf warehouse building to Cook's Moving Service for $1.15 million. A subsidiary of the moving and storage company is leasing the 20-year old facility.

Library Contract Pushes 18,867-SF Pact

remstaff &Globe Street | April 25, 2003

HOUSTON-Amigos Library Services has taken the keys to an office at 5000 Gulf Freeway in the University Business Park. Key to the site selection was a location near the University of Houston's library.

Video Firm Pays $3.1M for Kretek Site

remstaff &Globe Street | April 25, 2003

MOORPARK, CA-The new owners relocated from nearby Newbury Park to the former Kretek International headquarters at 5069 Maureen Lane, a 40,000-sf office building loaded with extras that came with a warehouse.

$5.8M Funding Kicks Off Seniors Project

remstaff &Globe Street | April 25, 2003

YUCAIPA, CA-Metropolitan Funding says construction of the 84-bed facility will begin soon and will be completed in about 18 months. When the project's stabilized, the interest-only financing rolls into a 40-year, self-liquidating loan with 6.5% interest rate.

Pollack Makes America's Best Executive Finals

remstaff &Globe Street | April 25, 2003

MESA, AZ-Michael A. Pollack, an Arizona redevelopment expert, makes the final cut for the American Business Awards to be presented Wednesday in New York City. The awards span 40 categories.

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Swiss Company Moves Up to Less Expensive Space

Industrial Market Holds Steady, But Recovery Will Be Slow

Windowless Office Building Sells

Gloomy Forecast for Cambridge

Manufacturer Slates New 100,000-SF Facility

Storage Company Secures 30,500-SF Structure

Library Contract Pushes 18,867-SF Pact

Video Firm Pays $3.1M for Kretek Site

$5.8M Funding Kicks Off Seniors Project

Pollack Makes America's Best Executive Finals

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