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Aventis Will Re-Occupy 70,000 SF at Morris Corporate Center IV

remstaff &Globe Street | May 02, 2002

PARSIPPANY, NJ-The international drug maker, which had put all 340,000 sf of the asset on the sublet market, will use the space for client and travel management, and for training and conferencing purposes.

RICS Highlights Waste of Property Resources

remstaff &Globe Street | May 02, 2002

LONDON-UK businesses lose pounds 18 billion ($26 billion) per year through the inefficient use of property assets, according to new figures published by the Royal Institution of Chartered Surveyors.

Brokers Aim to Lease 80,000 SF in Giffels

remstaff &Globe Street | May 02, 2002

SOUTHFIELD, MI- CB Richard Ellis, Inc.'s Detroit office is looking to lease up to 80,000-sf in Arcadis-Giffels Corp.'s headquarters facility, owned by Urstadt Biddle Properties, in the heart of Southfield's business district.

GlobeSt.com UPDATE: Zylka Pleads Guilty to Securities Fraud

remstaff &Globe Street | May 02, 2002

ORLANDO-Bill Cuthill Jr., the court-appointed trustee for 2,000 fleeced Evergreen Security Ltd. investors in a 10-year-old scam, is going after an estimated $8 million worth of the New Jersey entrepreneur's stock assets in a startup Canadian mining company.

Group Eyes DuPont Site for $60M Ethanol Plant

remstaff &Globe Street | May 02, 2002

CARNEYS POINT TWP., NJ-Garden State Ethanol, aiming to build the first such plant on the East Coast, is in active talks with the chemical giant to take over its Chambers Works site.

Imation Building 128,000-SF Expansion

remstaff &Globe Street | May 02, 2002

WAHPETON, ND-The Oakdale, MN-based company embarks on a $9.4-million project at the plant where it makes 3.5-inch floppy diskettes at the facility. Grants are being used in addition to a $7.1-million loan.

Cardiff Bucks the Trend With Office Rental Growth

remstaff &Globe Street | May 02, 2002

LONDON-The office market in the Welsh capital has continued to flourish with strong rental growth driven by the expansion of large financial, telecom and legal occupiers, according to new research from Atis Real Weatheralls.

South End Apartment Market "Relatively Healthy

remstaff &Globe Street | May 02, 2002

SEATTLE, WA-Though negative economic effects continue to be felt throughout Puget Sound's apartment market, a new study out of Paragon Real Estate Advisors says South Seattle is maintaining a state of relative health.

Billionaire Settles Property Dispute

remstaff &Globe Street | May 02, 2002

SANTA ROSA, CA-A controversial lawsuit filed against Santa Rosa landlord Gensiro Kawamoto was settled in court this week. The settlement provides for up to two months free rent and the return of the security deposit providing the tenants agree to take no further legal action against Kawamoto.

Cendant Buys 90% of Trendwest for $1B

remstaff &Globe Street | May 02, 2002

NEW YORK CITY-Travel and real-estate services provider Cendant Co. yesterday traded 48.3 million of its own shares for 90% of the outstanding stock in timeshare company Trendwest Resorts. Cendant will acquire the remainder of Trendwest's common stock within 30 days, GlobeSt.com is told.

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