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Prentiss Woos 62,122-SF Tenant With Lease Buyout

remstaff &Globe Street | May 23, 2002

COPPELL, TX-ValueOptions, looking to expand, found a guardian angel about a mile away from its Irving location. The Virginia-based health-care group gets its 40,000-sf plus lease bought out so it can relocate to Prentiss' Lakeview Center.

$5M in Financing for 26,255-SF Building

remstaff &Globe Street | May 23, 2002

CAMBRIDGE, MA-Permanent mortgage financing in the amount of $5 million is arranged for 54 CambridgePark Dr. on behalf of Samuels CambridgePark Drive LLC. The office market here continues to struggle while available biotech space is hard to come by.

GM Takes Possession of Administration Center

remstaff &Globe Street | May 23, 2002

AUBURN HILLS, MI-A Detroit architectural firm designs the new office facility for the loan group of the automotive manufacturer, using a concept that encourages interaction between departments.

Rent, Housing Costs Moving to Forefront of Concerns

remstaff &Globe Street | May 23, 2002

SAN DIEGO-Unlike four years ago, San Diego County residents now name affordable housing as one of their top three concerns, according to a private research firm that conducted the poll for the San Diego Association of Governments.

Holland & Knight Renews 74,000-SF Lease at One Atlantic Center

remstaff &Globe Street | May 23, 2002

ATLANTA-The 10-year contract has an estimated value of $17 million based on a quoted average rent of $23 per sf in the Midtown submarket. The 15-year-old, 50-story, 1.1-million-sf structure, owned by Sumitomo Life Realty (N.Y.) Inc., is 97% leased.

Four Hotel Chains Make Panel's Short List

remstaff &Globe Street | May 23, 2002

DENVER-Hyatt, Hilton, Westin and Marriott make the initial short list from the

Downtown Office Vacancy Rate of 6% Foreseen

remstaff &Globe Street | May 23, 2002

DENVER-Jones Lang LaSalle's propriety Regional Economic Growth Index predicts that vacancy rate in 2005, which would be four to nine percentage points lower than the current direct vacancy rate and total with available sublease space.

Hotel & Casino Workers Gear Up for Strike in Sin City

remstaff &Globe Street | May 23, 2002

LAS VEGAS, NV-More than 45,000 Las Vegas hotel and casino workers may go on strike if their contract negotiations are not settled by June 1. Meanwhile, talks continue between the unionized workers and the four principal casino owners, MGM Mirage, Mandalay Resort Group, Park Place Entertainment and Harrah's Entertainment.

Target Opening 17 SuperTargets in Next 6 Months

remstaff &Globe Street | May 23, 2002

MINNEAPOLIS-Target opened 28 stores during the three months ending May 4, including 13 SuperTargets. It expects to have 150 by the end of 2004 and 400 by 2010.

Mayor Outlines Cherry Creek North Parking Plan

remstaff &Globe Street | May 23, 2002

DENVER-Buying a parking garage, adding parking meters and limiting residential parking to permits are among the ideas recommended by Mayor Wellington E. Webb to ease parking in the retail district.

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Prentiss Woos 62,122-SF Tenant With Lease Buyout

$5M in Financing for 26,255-SF Building

GM Takes Possession of Administration Center

Rent, Housing Costs Moving to Forefront of Concerns

Holland & Knight Renews 74,000-SF Lease at One Atlantic Center

Four Hotel Chains Make Panel's Short List

Downtown Office Vacancy Rate of 6% Foreseen

Hotel & Casino Workers Gear Up for Strike in Sin City

Target Opening 17 SuperTargets in Next 6 Months

Mayor Outlines Cherry Creek North Parking Plan

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