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Fort Bend Coping With 14% Retail Vacancy

remstaff &Globe Street | August 23, 2002

FORT BEND COUNTY, TX-Despite the vacancy, Fort Bend County says its retail sector is doing OK despite the economy. About 900,000 sf of new space will deliver this year, but most of it is pre-leased.

Architects Chosen for Convention Center Hotel

remstaff &Globe Street | August 23, 2002

DENVER-Klipp Colussy Jenks DuBois Architects leads a team that also includes Brennan Beer Gorman of New York City and Harold Massop Associates of Denver. Brian Klipp's involvement in previous hotel efforts is cited as a key factor in decision-making.

Loyola Offers 24,000-SF Site to Developers

remstaff &Globe Street | August 23, 2002

CHICAGO-The site that now includes two buildings totaling 68,000 sf could be developed with nearly 300,000 sf of high-rise multifamily residential, hotel, retail or office development, offering upper-floor views rivaling nearby Park Hyatt Tower.

BRA Puts Off Vote on 305-Room Hotel Project

remstaff &Globe Street | August 23, 2002

BOSTON-Carpenter & Co. received some surprising news when it heard that the board of the Boston Redevelopment Authority put off its vote on the Cambridge-based developer's hotel project because of its conflict with the hotel workers' union.

Bresler & Reiner Buys 25% Interest in Madison Building

remstaff &Globe Street | August 23, 2002

MCLEAN, VA-In a joint venture deal, real estate company Bresler & Reiner Inc. takes on a 25% interest in Fairfax County's 18-year-old Madison Building. All of the structure's 82,000-sf of space is leased to tenants ranging from realtors to physicians and attorneys.

Judge Dismisses Catskills Casino Complaint

remstaff &Globe Street | August 23, 2002

NEW YORK CITY-A lawsuit claiming that Las Vegas' Park Place Entertainment Corp. tried to prevent three developers from building a casino with the Saint Regis Mohawk Tribe was thrown out yesterday.

CNL Restaurant Properties Settles With Roadhouse Grill

remstaff &Globe Street | August 23, 2002

ORLANDO-The Orlando-based division of CNL American Properties Fund agreed to accept a five-year, 5% promissory note on the $3 million in back rent owed by the 73-unit Pompano Beach, FL-based restaurant chain. CNL's settlement clears the way for Roadhouse to exit Chapter 11 in September.

Met Life Wins $270M for BP Plaza

remstaff &Globe Street | August 23, 2002

LOS ANGELES-Beacon Capital Partners buys the 55-story skyscraper in Downtown Los Angeles, which was on the market for some time by Metropolitan Life Insurance Co. The skyscraper, built in 1974, is more than 90% occupied.

Multifamily Complex for Sale at $50,000 per Unit

remstaff &Globe Street | August 23, 2002

LANSING, MI-The 350-unit Arbor Pointe Townhomes has a price tag of $17.5 million, or $50,000 per unit, offering a clubhouse and basements in each apartment at a price well below replacement cost.

Area Ranks No.1 in Retail Percentage Growth, ICSC Conference Told

remstaff &Globe Street | August 23, 2002

ORLANDO-Metro Orlando's four-county population of 1.7 million represents a 37% growth over the past 10 years and is the area's greatest strength, Trammell Crow Co. researchers told 3,000 delegates attending the International Council of Shopping Centers conference at the Gaylord Palms Resort, Kissimmee, FL.

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Fort Bend Coping With 14% Retail Vacancy

Architects Chosen for Convention Center Hotel

Loyola Offers 24,000-SF Site to Developers

BRA Puts Off Vote on 305-Room Hotel Project

Bresler & Reiner Buys 25% Interest in Madison Building

Judge Dismisses Catskills Casino Complaint

CNL Restaurant Properties Settles With Roadhouse Grill

Met Life Wins $270M for BP Plaza

Multifamily Complex for Sale at $50,000 per Unit

Area Ranks No.1 in Retail Percentage Growth, ICSC Conference Told

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