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Airport Plan Skids to a Halt

remstaff &Globe Street | March 07, 2002

EL TORO, CA-The proposed El Toro airport-conversion may have met its final defeat this week, as Orange County voters approved ballot measure W. The approval has been followed by the Navy's announcement that they may sell off the property in a public sale.

Commercial Real Estate Embraces Five-Year Freeway Project

remstaff &Globe Street | March 07, 2002

HOUSTON-The Galleria submarket's freeway project promises to make the high-demand area more accessible and reduce traffic congestion. Yesterday's project update assures benefits at the end of the road for the commercial real estate community.

Emerald City Ranks 27th in Rent Rollback

remstaff &Globe Street | March 07, 2002

SEATTLE, WA-Grubb & Ellis ranks Seattle well down the list of 61 worldwide the tech markets that have seen the largest reductions in office occupancy costs. Occupancy costs are down more than 14% from a year earlier.

Wrigley Field Expansion Scores Support

remstaff &Globe Street | March 07, 2002

CHICAGO-With 2,100 additional seats rather than 2,600, as well as ivy on the outside of the Waveland and Sheffield avenue walls and a pedestrian peep-hole, the Cubs' expansion plans wins a fan in the Landmarks Preservation Council of Illinois.

Realty Partners Acquire Interest in 170,000-SF Shopping Center

remstaff &Globe Street | March 07, 2002

SALEM, NH-Developers Diversified Realty and Coventry Real Estate Partners, its majority-owned affiliate, acquire Prudential Real Estate Investors' 74% joint venture interest in Village Shoppes, a 170,000-sf shopping center.

165-Unit Apartment Complex Sells for $10.5M

remstaff &Globe Street | March 07, 2002

STOCKTON, CA-The 20-building complex has been sold to E.J. Williams Company. The complex is fully occupied. The seller was a partnership between Southern California-based Sares-Regis Multifamily Housing Group and New York-based Citibank Private Bank.

Court Rebuffs County Amphitheater Opponents

remstaff &Globe Street | March 07, 2002

VANCOUVER, WA-The state Supreme Court declines to hear an appeal from opponents of the would-be 18,000-seat amphitheater on the Clark County Fairgrounds, clearing the way for a construction to begin, possibly this summer.

600 Acres Next to Airport On Block Again

remstaff &Globe Street | March 07, 2002

ROMULUS, MI-Grand Sakwa lets an option on the land expire, meaning yet another development proposal has fallen through. Previous plans have included a stadium for the Detroit Tigers as well as a casino.

Appliance Distributor Lines Up First Arizona Location

remstaff &Globe Street | March 07, 2002

TEMPE, AZ-Freed Appliance Distributors marks its inroad into the state with a 28,119-sf lease at Elliott Business Park in Tempe. The five-year lease, says an insider, is valued at $950,000 for the market newcomer.

40B Holds Up Passage of $509M Housing Bill

remstaff &Globe Street | March 07, 2002

BOSTON-Disagreements over changes to the state's Chapter 40B bill, which requires towns and cities in the state to have 10% affordable-housing density, are holding up the passage of the state's $509-million housing bond bill.

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Airport Plan Skids to a Halt

Commercial Real Estate Embraces Five-Year Freeway Project

Emerald City Ranks 27th in Rent Rollback

Wrigley Field Expansion Scores Support

Realty Partners Acquire Interest in 170,000-SF Shopping Center

165-Unit Apartment Complex Sells for $10.5M

Court Rebuffs County Amphitheater Opponents

600 Acres Next to Airport On Block Again

Appliance Distributor Lines Up First Arizona Location

40B Holds Up Passage of $509M Housing Bill

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