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Granchester Loses Bid to Overturn Planning Restriction

remstaff &Globe Street | January 16, 2003

LONDON-Retail warehouse specialist Grantchester has lost its high court bid to overturn a planning restriction.

Palm Springs Weighs Development Proposal

remstaff &Globe Street | January 16, 2003

PALM SPRINGS, CA-The Star Canyon Resort, including 255 timeshare units,

Taubman Board to Examine New Simon Offer

remstaff &Globe Street | January 16, 2003

BLOOMFIELD HILLS, MI-The company wants shareholders to wait 10 days until board can look at $20 a share offer; Simon wants two-thirds of shares tendered by February 14.

Yearend Sign Positive for Industrial Market

remstaff &Globe Street | January 16, 2003

AUSTIN-For the first time in 18 months, the flex/research and development space managed a slim positive absorption in Austin. The uptick came at the close of the year to uplift hopes that the worst is over for the city's industrial market.

Partnership Buys 119,000-SF Shopping Center

remstaff &Globe Street | January 16, 2003

MANCHESTER TWP., NJ-The asset, acquired by Kay Realty Services and Holualoa Arizona for an undisclosed price, serves as the "downtown" for an 11,000-home retirement community.

Denver Company Buys Nebraska Property

remstaff &Globe Street | January 16, 2003

DENVER-An affiliate of Denver-based J. Herzog & Sons Inc. acquires the 612,540-sf Conestoga Shopping Mall in Grand Island, NE. Plans include updating the mall's interior and leasing out the remainder of its available space

78,000-SF Expansion Wins Retail Draws

remstaff &Globe Street | January 16, 2003

HOUSTON-Talbot's reserves 6,000 sf, Ann Taylor Loft taps 5,200 sf and Chico's is in for 2,600 sf. It's the first signing by the all-star lineup being courted for the expansion of the 99,000-sf Kingwood Commons in North Houston.

Tortilla Maker Begins 100,000-SF Expansion

remstaff &Globe Street | January 16, 2003

SALEM, OR-Locally based Puentes Brothers Inc., producer of Don Pancho Mexican Food Products, says it will spend $5 million here to double its manufacturing and warehouse space. Site work is under way.

Kmart To Close 326 More Stores Across US

remstaff &Globe Street | January 15, 2003

TROY, MI-The retailer will take $1.7-billion hit as it closes stores in 44 states and Puerto Rico in an attempt to emerge from bankruptcy. One of its 18 distribution centers in Texas also will close.

Prime Hospitality JV Buys Holiday Inn Select

remstaff &Globe Street | January 15, 2003

QUEBEC CITY-A 50/50 partnership between Prime Hospitality Corp and United Capital closes on the acquisition of a 238-key hotel property in the city's Saint-Roch District, an area that has seen heavy investment activity over the last decade.

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Granchester Loses Bid to Overturn Planning Restriction

Palm Springs Weighs Development Proposal

Taubman Board to Examine New Simon Offer

Yearend Sign Positive for Industrial Market

Partnership Buys 119,000-SF Shopping Center

Denver Company Buys Nebraska Property

78,000-SF Expansion Wins Retail Draws

Tortilla Maker Begins 100,000-SF Expansion

Kmart To Close 326 More Stores Across US

Prime Hospitality JV Buys Holiday Inn Select

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