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Another Day, Another Round in LaSalle's Bid to Boot Le Meridien

remstaff &Globe Street | July 02, 2002

DALLAS-LaSalle Hotel Properties turns to Judge Bob Jenevien for a writ to force Le Meridien's checkout sooner rather than later from the Plaza of the Americas. LaSalle says it's back to court today because it still didn't get all that it needs.

Continued Softening Seen in Industrial Market

remstaff &Globe Street | July 02, 2002

DENVER-Fuller and Co. pegs the vacancy rate at 7.7%, but it rises nearly one full percentage point when 1.8 million sf of sublease space is added to the equation.

Studio City Center Fetches $21.19M

remstaff &Globe Street | July 02, 2002

STUDIO CITY, CA-The seller acquired the center in 1997 for $11.4 million and added value by repositioning it and attracting new tenants, the buyer's broker tells GlobeSt.com.

Energy Trader Jumps Lease by 56,600-Plus SF

remstaff &Globe Street | July 02, 2002

HOUSTON-RWE Trading has expanded its 24,625-sf office spot in 4 Houston Center within nine months of opening its first US location. The deal is the handiwork of Crescent's in-house leasing director and the Calibre Group.

College Builds 77,000-SF, $11M School

remstaff &Globe Street | July 02, 2002

ARNOLD, MD-Anne Arundel Community College will open a new 77,000-sf, $10.65 million school on the county's west side, thanks to a partnership with its fundraising arm Anne Arundel Community College Foundation. Construction of the facility will be complete in August 2003.

Office, Retail Quarterbacks Hired for 178,000-SF Repositioning

remstaff &Globe Street | July 02, 2002

CARROLLTON, TX-Madison Realty is going to try again to turn around Furneaux Creek, a 25% vacant strip center in Carrollton. The investment group hires two well-known veterans for the job plus gives them two more assignments.

IBM to Sell 4.1M-SF Endicott Campus

remstaff &Globe Street | July 02, 2002

NEW YORK CITY-After selling off its original facility to a newly formed entity, the computer giant will lease back 1.4-million-sf in a 10-year deal. All 4,000 employees at the upstate complex will keep their jobs.

South OC Office Market Shows Improvement

remstaff &Globe Street | July 02, 2002

SOUTH ORANGE COUNTY, CA-The vacancy rate declined nearly 1% in May, while net absorption more than tripled, according to a recent report on the region. In addition, the average asking lease rate increased for the first time this year.

Historic Downtown Building Sells

remstaff &Globe Street | July 02, 2002

PUYALLUP, WA-A small commercial building sale in Downtown Puyallup gives city officials big hope for future revitalization efforts. Offenbecher Commercial Investment Real Estate Inc. purchased the historic building.

New Jersey's SureDeposit Carves Out SW US Region

remstaff &Globe Street | July 02, 2002

SCOTTSDALE, AZ-The firm taps the executive vice president of the New Jersey Apartment Association and president of the national association's executive council to steer the expansion. Nathan Slovin picks Scottsdale for his command center.

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Another Day, Another Round in LaSalle's Bid to Boot Le Meridien

Continued Softening Seen in Industrial Market

Studio City Center Fetches $21.19M

Energy Trader Jumps Lease by 56,600-Plus SF

College Builds 77,000-SF, $11M School

Office, Retail Quarterbacks Hired for 178,000-SF Repositioning

IBM to Sell 4.1M-SF Endicott Campus

South OC Office Market Shows Improvement

Historic Downtown Building Sells

New Jersey's SureDeposit Carves Out SW US Region

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