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Tenants Demand Reappraisal After Rent Spike

remstaff &Globe Street | February 01, 2002

SAN DIEGO-The increase double and even tripled rates for tenants at Otay Mesa airport. The tenants association, which will meet Feb. 12 to discuss the dispute, has accused the city of failing to conduct a proper appraisal to justify the more costly rents.

New York Firms Finds Colorado Springs Bargain

remstaff &Globe Street | February 01, 2002

COLORADO SPRINGS, CO-At $31,667 per unit, the price is right for Coolidge Cottonwood Park LLC, which buys the 90-unit Cottonwood Park Apartments here from California-based Cottonwood Park Housing Partners.

Robert Brennan's Golf Course Sells for $20 Mil

remstaff &Globe Street | February 01, 2002

COLTS NECK, NJ-The disgraced--and imprisoned--penny stock trader's Due Process Golf Course goes to a top Goldman Sachs executive as the bankruptcy courts continue to shed his assets.

Town Votes to Acquire 92.7-Acre Parcel

remstaff &Globe Street | February 01, 2002

MIDDLEBOROUGH, MA-The town has decided to purchase a 92.7-acre parcel here on which a developer had been interested in developing a multihousing project with an affordable housing component.

Monterrey's Maquiladora Trade Pumped Up for 2002

remstaff &Globe Street | February 01, 2002

MONTERREY, MEXICO-It will be another year of good fortune for Monterrey despite the US recession, says a Grubb & Ellis analysis. Second- and third-tier support industries for the maquiladora base are poised to take up most of the available three million sf.

Houston Law Firm Inks Deal for Inside Loop Office

remstaff &Globe Street | February 01, 2002

HOUSTON-The firm of Frank E. Mann & Associates is making plans to move into 4,586 sf in a 51,530-sf office building strategically positioned inside the Loop and just west of Houston's CBD. The new deal pushes occupancy to about 85%.

Former KPMG Executive Starts Consulting Firm

remstaff &Globe Street | February 01, 2002

FORT LAUDERDALE, FL-REH Capital Partners, a real estate and hospitality advisory services firm, is launching a Ft. Lauderdale and a Stamford, CT office. Frank Nardozza will head the Ft. Lauderdale office.

Area Drops in Multifamily Building Permit Rankings

remstaff &Globe Street | February 01, 2002

ORLANDO-The city ranked sixth in the nation in the first nine months of 2001, down from second place in 1999, according to a new University of Central Florida study by Dr. David F. Scott Jr. Las Vegas has led UCF's private construction intensity index since 1998.

Sperry Van Ness Expands to Palm Springs

remstaff &Globe Street | February 01, 2002

IRVINE, CA-The Irvine-based real estate investment firm has opened an affiliate office in Palm Springs. The new team will include commercial real estate agents Bill Duff, Roberleigh Haig, Michael Kassinger and John Stiles.

Service Resources Exec Named Outsourcing Finalist

remstaff &Globe Street | February 01, 2002

MARIETTA, GA-Bob Dickhaus, his firm's founder and chief executive officer, was selected for the Outsourcing World Achievement Award, an event sponsored by PricewaterhouseCoopers and Michael F. Corbett & Associates.

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