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Panel Splits on Commissions for Utilities

remstaff &Globe Street | August 09, 2002

PHILADELPHIA-New Jersey-based PSEG's SiteFinder partnership highlights the strengthening relationship between brokers and utilities at a Utility Economic Development Association forum. A panel applauds utilities' databanks and analyses, but split over whether utilities should charge commissions.

Mixed-Use Project Will Rise on 165 Acres

remstaff &Globe Street | August 09, 2002

HOUSTON-Investment Property Exchange is laying the groundwork for a mixed-use development that has 38 acres dedicated to retail development, 20 acres marked for mini-storage and the balance going for residential lots.

$250M Multifamily Project Kicks Off

remstaff &Globe Street | August 09, 2002

NORTHVILLE TOWNSHIP, MI-A deal with Grand Sakwa Properties of Farmington Hills nixes mobile homes while allowing for high-priced houses, duplexes and condominiums on 400 acres.

QFC Seeking Permit for 39th & Stone Way

remstaff &Globe Street | August 09, 2002

SEATTLE-The Bellevue-based division of The Kroger Company is seeking a master use permit to develop a 35,000-sf store topped by 26 residential units. The project, proposed on the site of an existing but vacant grocery store, is one of few mixed-use projects involving a grocery store in recent years.

70,000-SF Laundry Facility Breaks Ground

remstaff &Globe Street | August 09, 2002

PHOENIX-LGE Corp. kicks off the project for Angelica Textile Services, a primary laundry service for the health-care industry. The factory will add 100 jobs to the region when it delivers in spring 2003.

Phoenix Awards $2.2M Library Project

remstaff &Globe Street | August 09, 2002

PHOENIX-The Cave Creek-Tatum Road area in the city's northern tier gets its first city services' building--a 15,000-sf library. Ground will break in first quarter 2003, with delivery planned for summer 2004.

$3.2M Loan Jumpstarts 122,000-SF Start for 40,000-Acre Border Development

remstaff &Globe Street | August 09, 2002

SANTA TERESA, NM-Construction crews are ready to dig into the first building in the Santa Teresa Border Industrial Park, a mixed-use development at the US-Mexico border. Tremont Capital arranges the loan to start the project rolling.

Bagelmaker Will Shutter 90,000-SF Facility

remstaff &Globe Street | August 09, 2002

EATONTOWN, NJ-New World Restaurant Group, which operates several chains, will close its production facility here and another on the West Coast as part of a company-wide consolidation.

FDIC Sells $198M in Residential Real Estate Loans

remstaff &Globe Street | August 09, 2002

BOSTON-DebtX, a locally based loan sale advisor, provides the FDIC with an electronic platform to sell $198 million in residential real estate loans via online auction. Deloitte & Touche is managing the overall sale.

Development Rights to 240-Acre Thompson Island Sell for $4M

remstaff &Globe Street | August 09, 2002

BOSTON-In a deal that has been in the works for seven years, the Thompson Island Outward Bound Education Center sells the development rights to the 240-acre Thompson Island, the last privately owned island in the Boston Harbor, for $4 million.

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Panel Splits on Commissions for Utilities

Mixed-Use Project Will Rise on 165 Acres

$250M Multifamily Project Kicks Off

QFC Seeking Permit for 39th & Stone Way

70,000-SF Laundry Facility Breaks Ground

Phoenix Awards $2.2M Library Project

$3.2M Loan Jumpstarts 122,000-SF Start for 40,000-Acre Border Development

Bagelmaker Will Shutter 90,000-SF Facility

FDIC Sells $198M in Residential Real Estate Loans

Development Rights to 240-Acre Thompson Island Sell for $4M

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