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RICS Bids To Improve Property Auctions

remstaff &Globe Street | May 09, 2002

LONDON-The old ways of muddled conditions of sale are over. The Royal Institution of Chartered Surveyors has come up with a system of common conditions for property at auction

City Approved Ballot Measure for 544-Acre El Corazon Site

remstaff &Globe Street | May 09, 2002

OCEANSIDE, CA-The City Council Wednesday voted 4-1 to approve ballot language for an alternative version of the El Corazon Dedicated Parkland Initiative. The measure will appear on the Nov. 5 ballot.

Judge Gives Holy Land Park 20 Days to Amend Suit

remstaff &Globe Street | May 09, 2002

ORLANDO-Orange Circuit Judge William C. Gridley wants Zion's Hope Inc. owner Marvin J. Rosenthal to file a new complaint, separating state and federal constitutional points that argue the $16 million, 15-month-old attraction near Walt Disney World is exempt from paying county property taxes because it is a not-for-profit ministry.

Knoxville's Innovo Realty Does $98M Apartment Deal

remstaff &Globe Street | May 09, 2002

ATLANTA-The Tennessee-based subsidiary of Innovo Group Inc. paid $24,500 per unit for 4,000 apartments nationwide. The sellers are Dallas-based Transcontinental Realty Investors, American Realty Investors Inc. and Income Opportunity Realty Investors Inc., all directed by Gene Phillips, former president of the bankrupt Southmark Corp.

ORIGIX Raises $4.2M to Wire Downtown

remstaff &Globe Street | May 09, 2002

MINNEAPOLIS-The firm will light the major buildings by connecting them to an optical fiber ring, which will also provide off-site data storage for the tenants there. Funding is obtained in spite of a tough equity market for those in the industry.

Veteran Hotelier Tapped for Mountain Resort

remstaff &Globe Street | May 09, 2002

BEAVER CREEK, CO-An experienced hotel manager in the US and Asia Pacific, as well as a familiar face on the slopes, Todd W. Harris takes over as general manager of the new Ritz-Carlton, Bachelor Gulch.

Birtcher Buys 38,000-SF Office Property

remstaff &Globe Street | May 09, 2002

SAN DIEGO-In the past four quarters, the Mission Valley market's high occupancy and consistent leasing activity has helped to stave off the eroding asking rents and negative net absorption that plagued San Diego's higher profile markets.

Tower at Hayden Heads Into Final Leasing Stretch

remstaff &Globe Street | May 09, 2002

TEMPE, AZ-Lowe's Enterprises signs a new tenant for one of the remaining offices available at its 68,306-sf office tower in Tempe's CBD. Coming on board is Option One Mortgage, an Irvine, CA-based subsidiary of H&R Block.

$25M Mountaineer Gaming Hotel Expansion Complete

remstaff &Globe Street | May 09, 2002

CHESTER, WV-After a $25-million renovation, the Mountaineer Race track & Gaming Resort's hotel re-opens as an upscale, 219,000-sf property.

Empty CSC Building Corners 56,000-SF Tenant

remstaff &Globe Street | May 09, 2002

AUSTIN-Advanced Micro Devices will move within 45 days to 9500 Arboretum in the northwest submarket. The major Austin employer is the first one to sign for the 187,385-sf CSC building, dark since last year.

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RICS Bids To Improve Property Auctions

City Approved Ballot Measure for 544-Acre El Corazon Site

Judge Gives Holy Land Park 20 Days to Amend Suit

Knoxville's Innovo Realty Does $98M Apartment Deal

ORIGIX Raises $4.2M to Wire Downtown

Veteran Hotelier Tapped for Mountain Resort

Birtcher Buys 38,000-SF Office Property

Tower at Hayden Heads Into Final Leasing Stretch

$25M Mountaineer Gaming Hotel Expansion Complete

Empty CSC Building Corners 56,000-SF Tenant

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