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Globix Buys Out of City Lease

remstaff &Globe Street | April 29, 2002

LONDON-Troubled data centre operator Globix--which has just emerged from Chapter 11 protection--has paid Derwent Valley Holdings a substantial reverse premium to shed over 100,000 sf of space in the City of London.

Real Estate Research Adds Houston Director

remstaff &Globe Street | April 29, 2002

HOUSTON-Del Kendall returns to the organization's fold as principal and director in Houston. In the 1990s, he was RERC's COO. His return, says RERC's CEO, will definitely bolster the firm's presence in the South.

CNL Franchise Buys Buffets' Block in $44M Sale/Leaseback

remstaff &Globe Street | April 29, 2002

ORLANDO-The deal was done after the Minnesota-based restaurant chain needed quick funds to refinance 24 of its 400 properties in 12 states. Under the deal, Orlando-based CNL Franchise will own the 24 restaurants and Buffets will be the tenant at undisclosed rents.

Scholls Business Center Keeps Four, Adds One

remstaff &Globe Street | April 29, 2002

BEAVERTON, OR-Four small businesses renew and a fourth joins them at Scholls Business Center I, an 11-building, 188,000-sf flex-office development that stands 77% occupied near the confluence of the 210 and 217 freeways.

Convention Center Expansion Benefits 'Invisible'

remstaff &Globe Street | April 29, 2002

DENVER-Convention delegates coming to Denver as a result of the expansion will pay an additional $10 million in city taxes every year, says Eugene Dilbeck, president of the Denver Metro Convention & Visitors Bureau.

Market Strategies Renews at U.S. Bancorp Tower

remstaff &Globe Street | April 29, 2002

PORTLAND-The market research and consulting firm out of Chicago is enticed to keep its 18th floor suite with significant tenant improvement dollars and a lease rate said to be in the low $20s.

Farmer's Market to Boost Chinatown BID

remstaff &Globe Street | April 29, 2002

LOS ANGELES-In another positive development for the burgeoning Downtown area, Chinatown will launch a weekly Farmers' Market on May 16 to become the first Chinatown in the nation to host this type of specialty market.

Medical Office Complex Wrests $2.1M From Arizona Investor

remstaff &Globe Street | April 29, 2002

GILBERT, AZ-Buyer David Day rolls in the three-building Gilbert Cove to his budding metro Phoenix portfolio. The California seller, Olson-Arizona, says it was simply time to dispose of the 96%-occupied, 26,654-sf Arizona holding.

Vantage Scores 48,000-SF Triple Play

remstaff &Globe Street | April 29, 2002

HOUSTON-New tenants are heading into Pinemont Center and Beltway 8 business parks while the Clinton Industrial Park snags an expansion. Pollock Summit Electric signs for the largest chunk of industrial space, 23,625 sf.

Retail Headed for Major Shakeout, Says Consultant

remstaff &Globe Street | April 29, 2002

ORLANDO-The 1.3 million-sf, $250 million partially completed Mall at Millennia in south Orlando and the planned $200 million Altamonte Springs Town Center, seven miles north of Downtown, will have larger trade areas than the five-mile radius of the traditional suburban mall, David Marks of MarketPlace Advisors Inc. tells GlobeSt.com.

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Globix Buys Out of City Lease

Real Estate Research Adds Houston Director

CNL Franchise Buys Buffets' Block in $44M Sale/Leaseback

Scholls Business Center Keeps Four, Adds One

Convention Center Expansion Benefits 'Invisible'

Market Strategies Renews at U.S. Bancorp Tower

Farmer's Market to Boost Chinatown BID

Medical Office Complex Wrests $2.1M From Arizona Investor

Vantage Scores 48,000-SF Triple Play

Retail Headed for Major Shakeout, Says Consultant

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