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Downtown Chicago Office Vacancy Rate Increases Slightly

remstaff &Globe Street | October 03, 2002

CHICAGO-With the direct lease office vacancy rate now at 10.8% in Chicago's CBD, CB Richard Ellis research finds that if sublease space is factored in as well, the rate rises to 15.6%.

Frisco Incentives Snare 17,903-SF, Class A Lease

remstaff &Globe Street | October 03, 2002

FRISCO, TX-Fieldstone Mortgage, now a Plano tenant, liked the building's location next to a Westin hotel, the first-floor availability and the City of Frisco's offer. The firm moves Dec. 1 into Sandler Southwest's newest project.

August Resort Tax Collections Lowest Since Last December

remstaff &Globe Street | October 03, 2002

ORLANDO-With one month left to compute, September, Orange County Comptroller Martha O. Haynie and other county officials are not optimistic the 12-month total will reach either the initial projected figure of $112.6 million or the revised amount of $90.6 million. The number stands at $85.5 million for 11 months.

Sainsbury's Targets Greenham Common for New Distribution Hub

remstaff &Globe Street | October 03, 2002

LONDON-The UK's number two food retailer J Sainsbury has been granted planning permission for a 666,534-sf distribution centre on the site of the former US Air Force base at Greenham Common near Newbury in Berkshire.

Ch. 55's $40M Office Tower Year Behind Schedule

remstaff &Globe Street | October 03, 2002

ORLANDO-Religious television entrepreneur Claud Bowers is asking his followers to help pay for the planned 18-story, 200,000-sf, 293-foot-high Majesty Building that would be the tallest edifice in Seminole County, seven miles from Downtown Orlando.

Land Trust Lobbies to Acquire Lighthouse From Coast Guard

remstaff &Globe Street | October 03, 2002

SAN MATEO, CA-The Peninsula Open Space Trust plans to buy the Pigeon Point Lighthouse from the U.S. Coast Guard to prevent further development in the historic area of San Mateo.

Varied Building Plans Show Austin's Market Confidence

remstaff &Globe Street | October 03, 2002

AUSTIN-The Downtown Alliance's Charlie Betts says the multitude of building projects is a strong vote of confidence in the capitol city. He and others like him are betting that the recession will be history in another year.

Intell Management Wins Enron Center With $102M Bid

remstaff &Globe Street | October 03, 2002

NEW YORK CITY-Gary Barnett's New York-based Intell Management and Investment comes out on top after three days of fiercely competitive bidding for Enron's unfinished 1.1 million-sf Houston office tower.

CVS Moves Into Sun Lakes With 22-Year Lease

remstaff &Globe Street | October 03, 2002

SUN LAKES, AZ-The Rhode Island drugstore chain signs for 11,987 sf in one of the region's fastest-growing retirement communities. CVS Pharmacy's push for a large metro footprint breaks new territory with the lease.

Hotel Industry Edges Closer to Seller's Market

remstaff &Globe Street | October 03, 2002

PHOENIX-There is pent-up money and some portfolio trimming. Still, don't look for heavy trading because many owners are refinancing instead of selling in a down market. It will get better by 2004, say those in the know at the 2002 Lodging Conference.

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Downtown Chicago Office Vacancy Rate Increases Slightly

Frisco Incentives Snare 17,903-SF, Class A Lease

August Resort Tax Collections Lowest Since Last December

Sainsbury's Targets Greenham Common for New Distribution Hub

Ch. 55's $40M Office Tower Year Behind Schedule

Land Trust Lobbies to Acquire Lighthouse From Coast Guard

Varied Building Plans Show Austin's Market Confidence

Intell Management Wins Enron Center With $102M Bid

CVS Moves Into Sun Lakes With 22-Year Lease

Hotel Industry Edges Closer to Seller's Market

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