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Oregon - New Lodging Tax Hits on Jan. 1

remstaff &Globe Street | March 19, 2002

To revive a sagging economy by funding efforts to increase tourism, Oregon has enacted a state transient-lodging tax of 1% on any consideration rendered…

$45M Multifamily Project Seeks Luxury Niche

remstaff &Globe Street | March 19, 2002

DENVER-Houston-based Hanover Co. is adding 288 rental units in a 24-story building, hoping to avoid the fate of garden-style projects in suburban areas that have been hard hit by vacancies.

Enron Returns 790,000 SF to TrizecHahn

remstaff &Globe Street | March 19, 2002

HOUSTON-Word is out that TrizecHahn has found a taker for 240,000 sf of Enron's just returned 790,000 sf in the downtown. The fallen energy giant leases about 6% of the 34 million CBD. More space is sure to open up as the bankruptcy plays out.

CarrAmerica Steers KPMG's $25M Build-Out, Relocation

remstaff &Globe Street | March 19, 2002

DALLAS-The most talked-about lease in 2001 gets a start in 2002 as the all-star cast works toward a June construction launch. Ziegler-Cooper Architects of Houston will release plans in May as Bovis Lend Lease's Irving team gears up for the job.

JV Buys Service Merchandise Asset Rights for $235M

remstaff &Globe Street | March 19, 2002

NEW YORK CITY-Shopping center REIT Developers Diversified joins Lubert-Adler Funds and Klaff Realty in a joint venture that will dispose of the bankrupt electronics retailer's 227-property portfolio.

Hotel Addition Includes Indoor Waterpark

remstaff &Globe Street | March 19, 2002

STERLING HEIGHTS, MI-A Best Western business hotel now brings in families to float on an indoor lazy river and splash through three-story water slide as part of an 52,000-sf addition.

Wentz Wraps Up $12.7M Project in Irvine

remstaff &Globe Street | March 19, 2002

IRVINE, CA-The general contractor completes the fifth and sixth phases at Irvine Technology Center. The project included five concrete tilt-up buildings totaling 238,000-sf.

Children's Theater's Unveils $24M Expansion

remstaff &Globe Street | March 19, 2002

MINNEAPOLIS-Michael Graves' design uses geometric shapes, giving it a storybook castle look. Theater officials hope the state of Minnesota will pay for half the cost of the project, but that's up to a conference committee.

100-Room Wingate Inn Going Up in Palm Valley Project

remstaff &Globe Street | March 19, 2002

GOODYEAR, AZ-A SunCor-affiliated project in Goodyear marks the construction start of a 72,000-sf hotel, ticketed to deliver in late summer. Hotel developer Jonathan Byrd and the city have teamed to push the project.

AFC Enterprises Renews 80,000-SF Lease for Estimated $16M

remstaff &Globe Street | March 19, 2002

ATLANTA-The locally based restaurant owner/operator is remaining at the 697,400-sf, 85%-leased Six Concourse Parkway for at least another 10 years. Effective rents are down from $25-per-sf highs, area brokers tell GlobeSt.com.

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Oregon - New Lodging Tax Hits on Jan. 1

$45M Multifamily Project Seeks Luxury Niche

Enron Returns 790,000 SF to TrizecHahn

CarrAmerica Steers KPMG's $25M Build-Out, Relocation

JV Buys Service Merchandise Asset Rights for $235M

Hotel Addition Includes Indoor Waterpark

Wentz Wraps Up $12.7M Project in Irvine

Children's Theater's Unveils $24M Expansion

100-Room Wingate Inn Going Up in Palm Valley Project

AFC Enterprises Renews 80,000-SF Lease for Estimated $16M

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