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General Mills Expands, Signs for 670,000 SF

remstaff &Globe Street | July 23, 2002

FORT WORTH-The word is out that General Mills is the inbound tenant for AllianceTexas' newest build-to-suit. The deal adds 302,185 sf to General Mills' AllianceTexas hub while the development is just 54,770 sf shy of a record year.

FelCor Pays $35M for Wyndham Asset in Myrtle Beach

remstaff &Globe Street | July 23, 2002

ATLANTA-The Irving-TX-based REIT continues its buying spree with the $35.3-million purchase of the 385-room Wyndham Myrtle Beach Resort and Arcadian Shores Golf Club. It plans a $10-million renovation and conversion to the Hilton brand in spring 2003. A management agreement is already in place.

Affordable Multifamily Rental Project Planned

remstaff &Globe Street | July 23, 2002

AVON, CO-A basket of federal, state and local incentives more than half of the cost of developing the 244-unit, $31-million Buffalo Ridge Apartments in the 1,790-acre Village of Avon.

JCI Expects Approval for $160M Facility

remstaff &Globe Street | July 23, 2002

SALEM TOWNSHIP, MI-The automotive products supplier wants to consolidate operations in area west of Detroit on a 368-acre site. The township board is to vote soon on rezoning.

Matrix Plots Mixed-Use Course for Waterfront Site

remstaff &Globe Street | July 23, 2002

NEWARK-The developer, which is under contract to buy a choice 5.7-acre tract on the Passaic River, is apparently looking to put up a project dominated by market-priced residential units, and possibly a hotel.

$3M Lab Redo Under Way at UT Southwestern Medical Center

remstaff &Globe Street | July 23, 2002

DALLAS-The 24,000-sf project entails remodeling cell biology research space and offices. The two-phase project delivers in March 2003 as part of the campus' ongoing push to develop a premier biomedical corridor.

Pawn Shop Operator Pushes Ahead on Sale/Leasebacks

remstaff &Globe Street | July 23, 2002

AUSTIN-EZCorp.'s third fiscal quarter shows 40 properties have passed through a sale/leaseback transaction, upping rent expenses by $700,000 over last year's actual. The increase is offset by interest and depreciation cuts.

City Honors Multifamily, School Projects

remstaff &Globe Street | July 23, 2002

AURORA, CO-The designs of the 46-unit Tall Pines at Tallyn's Reach in the southeast corner of this city and Fletcher Elementary School receive Design of Excellence awards. Tall Pines' environmental sensitivity and non-symmetry in elevations are cited.

Innotrac Leases 286,000 SF at ProLogis Airpark

remstaff &Globe Street | July 23, 2002

PHILADELPHIA-The Duluth, GA-based provider of outsourced customer call centers and management services signs a five-year lease at ProLogis' Airpark Distribution Center on the Kentucky border near the Cincinnati/Northern Kentucky Airport. Brokers estimate the rental rate at under $4 per sf.

Shea Tops Out First Phase of $350M Vantis Project

remstaff &Globe Street | July 23, 2002

ALISO VIEJO, CA-Developer Shea Properties, along with builder Snyder Langston, completes steelwork on Phase I of Vantis. The initial phase of the eventual nine-building complex will consist of a 177,000-sf class A office building with 726 on-grade parking spaces.

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General Mills Expands, Signs for 670,000 SF

FelCor Pays $35M for Wyndham Asset in Myrtle Beach

Affordable Multifamily Rental Project Planned

JCI Expects Approval for $160M Facility

Matrix Plots Mixed-Use Course for Waterfront Site

$3M Lab Redo Under Way at UT Southwestern Medical Center

Pawn Shop Operator Pushes Ahead on Sale/Leasebacks

City Honors Multifamily, School Projects

Innotrac Leases 286,000 SF at ProLogis Airpark

Shea Tops Out First Phase of $350M Vantis Project

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