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Allstate Puts CT Shopping Center on Market

remstaff &Globe Street | May 15, 2002

BRISTOL, CT-Allstate Life Insurance Co., which recently took ownership of the Bristol Farms Plaza here has put the 150,000-sf shopping center on the market for sale, says officials with The Hutensky Group LLC.

MotorCity Casino Launches $300M Expansion Plans

remstaff &Globe Street | May 15, 2002

DETROIT-MotorCity Casino plans a 16-story, 400-room hotel, new convention center and more retail stores for its required permanent site. Mandalay Resort Group's casino expands 50% to 100,000 sf in the first announced expansion.

Multifamily Could Shine in Tough Year

remstaff &Globe Street | May 15, 2002

MINNEAPOLIS-Andrew Rosivach, U.S. Bancorp Piper Jaffray REIT analyst, adds coverage of eight multifamily rental investment trusts. He bestows "outperform" ratings on five of them, "market perform" on the other three.

AT&T Readies 200,000-SF Datacenter

remstaff &Globe Street | May 15, 2002

WATERTOWN, MA-In a show of confidence that the telecom industry is poised for a rebound, AT&T is planning to open its 200,000-sf Web hosting center in a few weeks. The facility was originally slated to come online last year.

Houston Office Market Bucks Some National Trends

remstaff &Globe Street | May 15, 2002

HOUSTON-Colliers International's Top 10 Trends aren't all at work in the Houston space race. A local vice president takes a point-by-point look at the Houston market in relationship to the corporate findings.

GlobeSt.com UPDATE: Atlanta's MegaStar Signs Deal for $16M Theatre

remstaff &Globe Street | May 15, 2002

ORLANDO-The 16-screen, 3,800-seat, 75,000-sf complex will be built at a development cost of $4,211 per seat ($213 per sf) in the planned $150 million, 800,000-sf Altamonte Town Center in suburban Altamonte Springs. A ground-breaking date hasn't been set.

Tucson's Office Market Powers Up Investors' Interest

remstaff &Globe Street | May 15, 2002

TUCSON-With a market of just 12.2 million sf, the Tucson office market still manages to close two significant sales in the last six months. Market watchers say it's a signal that Tucson's on its way to becoming an investors' destination spot.

Medical Groups Take 16,424-SF in Redeveloped Building

remstaff &Globe Street | May 15, 2002

BOSTON-A group of medical tenants take 16,424 sf of space at 237 Cypress St. in the neighborhood of Brookline. The broker involved tells GlobeSt.com that while this area has a lot of space available, the medical office market is tight.

Newport Buys Mixed-Use Portfolio From Orb

remstaff &Globe Street | May 15, 2002

LONDON-Newport Holdings has bought a portfolion of eight properties from Orb Estates in a Pounds 25 million ($36 million) all-paper deal.

RiverPark Plaza Takes Shape on SW Macadam

remstaff &Globe Street | May 15, 2002

PORTLAND-General contractor Howard S. Wright Construction is just a couple of months away from shell completion on Weston Holding Co.'s three-story, 60,000-sf office building overlooking the Willamette River in the Johns Landing submarket. The project broke ground in May 2001.

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Allstate Puts CT Shopping Center on Market

MotorCity Casino Launches $300M Expansion Plans

Multifamily Could Shine in Tough Year

AT&T Readies 200,000-SF Datacenter

Houston Office Market Bucks Some National Trends

GlobeSt.com UPDATE: Atlanta's MegaStar Signs Deal for $16M Theatre

Tucson's Office Market Powers Up Investors' Interest

Medical Groups Take 16,424-SF in Redeveloped Building

Newport Buys Mixed-Use Portfolio From Orb

RiverPark Plaza Takes Shape on SW Macadam

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