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2 Columbus Circle Goes to Craft Museum

remstaff &Globe Street | June 21, 2002

NEW YORK CITY-The city decides to unload a major white elephant by selling the love-it-or-hate-it building on the south end of Columbus Circle to the American Craft Museum, rebuffing what is said to be a higher bid from Donald Trump.

Half-Acre Acquired for Pizza Hut Location

remstaff &Globe Street | June 21, 2002

WAUKEGAN, IL-Tricon Global Restaurants, Inc. will build a Pizza Hut restaurant on a 23,522-sf site at the Lake Plaza retail center at Route 120 and Green Bay Road it acquires from Simon Properties for $188,179.

Competitive High-Grade Market Signals Industry Recovery

remstaff &Globe Street | June 21, 2002

NEW YORK CITY-Corporate spending for new space is soft as the economy struggles to break out of its extended slump, but PricewaterhouseCoopers' Peter Korpacz tells GlobeSt.com that the highly-competitive market now for top-tier properties should drive a full industry recovery as the national forecast brightens.

Mills Chosen as 108 N. State Master Developer

remstaff &Globe Street | June 21, 2002

CHICAGO-"Flexibility, experience and financial ability" give Arlington, VA-based Mills Corp. the nod over three local finalists for the right to be master developer of the site formerly known as Block 37.

Bankruptcy Case Could Include Real Estate Firms

remstaff &Globe Street | June 21, 2002

DETROIT-Lawyers say $19 million in Detroit Center Tool property should be included in the assets of the automotive assembly equipment maker. They claim J. Bronce Henderson III is involved with Detroit Center Tool as well as various real estate companies.

Statute Threatens 2 Convention Board Members

remstaff &Globe Street | June 21, 2002

PHILADELPHIA-The state anti-nepotism statute that kept Robert Judge from heading the Pennsylvania Convention Center now threatens two members of the board. One's wife holds an elected post in Chester County; another has a cabinet-level position in Mayor Street's office.

Vitamin Shoppe Opens 4,000-SF Store

remstaff &Globe Street | June 21, 2002

BURLINGTON, MA-After nearly three years of searching for a location, The Vitamin Shoppe opens a 4,000-sf store at 47 Middlesex Turnpike in a recently built shopping center. The site is near the Burlington Mall and Route 95.

Bren Schreiber Sells 325,155-SF Campus

remstaff &Globe Street | June 21, 2002

BOXBOROUGH,MA-In a transaction that a broker involved terms "significant," Bren Schreiber Properties sells Tech Central at 80 and 90 Central St. for $48.95 million to Lend Lease Real Estate Investments and Wells Real Estate Funds.

For $15M, Inland Puts Three Carolina Properties Into its Grocery Cart

remstaff &Globe Street | June 21, 2002

ATLANTA-Inland's shopping center shopping spree adds three more grocery-anchored properties to its cart. All in the Carolinas, the newest trio cost $15 million and brings the Illinois-based REIT's June 2002 tally of retail purchases in the Southeast to 12.

Two Insurance Companies Close Off 14,500 SF

remstaff &Globe Street | June 21, 2002

HOUSTON-Nationwide Mutual will set up shop in 8,008 sf in the far northwest submarket while Cooney Rikard & Curtin, a wholesale insurance broker, reserves 6,490 sf in the Westchase submarket.

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2 Columbus Circle Goes to Craft Museum

Half-Acre Acquired for Pizza Hut Location

Competitive High-Grade Market Signals Industry Recovery

Mills Chosen as 108 N. State Master Developer

Bankruptcy Case Could Include Real Estate Firms

Statute Threatens 2 Convention Board Members

Vitamin Shoppe Opens 4,000-SF Store

Bren Schreiber Sells 325,155-SF Campus

For $15M, Inland Puts Three Carolina Properties Into its Grocery Cart

Two Insurance Companies Close Off 14,500 SF

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