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Degussa Leases 55,000-SF Build-to-Suit

remstaff &Globe Street | May 14, 2002

ATLANTA-McNeel Builders of Marietta, GA constructed the warehouse in Northpoint Business Park, Acworth, GA, for an estimated $40 per sf or $2.2 million, roughly the aggregate rent the Shakopee, MN-based tenant will be paying over 10 years.

$800,000 Lease Drives Golf Academy Consolidation

remstaff &Globe Street | May 14, 2002

SCOTTSDALE, AZ-A long-term lease is signed for an extra 2,000 sf at Scottsdale Centre in the city's northern tier. San Diego Golf Academy is positioning itself for growth, but will be using one location instead of two.

Guthrie Theater Land Costs Doubles to $6.3M

remstaff &Globe Street | May 14, 2002

MINNEAPOLIS-A Hennepin County condemnation commission assesses the property at $6.3 million, more than twice the $3 million the Guthrie Theater agreed to pay for the riverfront acreage. It's unclear who will make up the difference.

$343M City Hall Project Approved

remstaff &Globe Street | May 14, 2002

SAN JOSE-Six years after voters approved the concept, City officials plan to break ground on the 530,000-sf project this summer and complete it in 2005. The project's design is being handled by renowned architect Richard Meier, best known for designing the Getty Center in Los Angeles.

Suburb's Uptown Vision Approaches Take-Off

remstaff &Globe Street | May 14, 2002

PARK RIDGE, IL-This city on the edge of Chicago's Northwest Side and along a major Metra commuter rail line already has developers "biting at the bit" to be a part of the next suburban Downtown redevelopment project.

Anschutz Takes Movie Theater Chain Public

remstaff &Globe Street | May 14, 2002

DENVER-The initial public offering goes off at $19 per share, $1 more than anticipated, raising $342 million in equity for the firm Philip Anschutz created by combining three bankrupt movie companies.

88,000-SF Addition Underway at Hillsboro Market Center

remstaff &Globe Street | May 14, 2002

HILLSBORO, OR-Regency Centers opened the 68,000-sf first phase last August and anchored it with Albertson's. The second phase, to be ready for the 2002 holiday season, will include Marshalls, PETsMART and International House of Pancakes, among others.

GlobeSt.com UPDATE: Creditors Challenge Planet Hollywood's Bankruptcy Plan

remstaff &Globe Street | May 14, 2002

ORLANDO-In an unusual move, the creditors' Orlando lawyer, Denise Dell, is asking U.S. Bankruptcy Judge Arthur B. Briskman to appoint a special examiner to audit the restaurant chain's financials.

Forecast Report: 'The Bottom' Still Unrealized

remstaff &Globe Street | May 14, 2002

SEATTLE-"Unfortunately, even when the economy stabilizes, there will be fewer companies and the surviving businesses will be wary of taking on excess space in anticipation of expansion," says Gregory Wendelken, regional manager in the Seattle office of Marcus & Millichap Real Estate Investment Brokerage Co.

Investors Game Out Biotech Initiative for Medical District Buy

remstaff &Globe Street | May 14, 2002

DALLAS-The former Carter BloodCare Building brings out a bevy of bidders, but a local investment group wins the race to the closing table. L.G. Moser Industrials intends to make the newly renamed building into a premier biotech address.

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Degussa Leases 55,000-SF Build-to-Suit

$800,000 Lease Drives Golf Academy Consolidation

Guthrie Theater Land Costs Doubles to $6.3M

$343M City Hall Project Approved

Suburb's Uptown Vision Approaches Take-Off

Anschutz Takes Movie Theater Chain Public

88,000-SF Addition Underway at Hillsboro Market Center

GlobeSt.com UPDATE: Creditors Challenge Planet Hollywood's Bankruptcy Plan

Forecast Report: 'The Bottom' Still Unrealized

Investors Game Out Biotech Initiative for Medical District Buy

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