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Duke Sees Uptick After Disappointing Q4

remstaff &Globe Street | February 01, 2002

INDIANAPOLIS-Like many economists' forecasts, Duke Realty Corp. chairman and chief executive officer Thomas L. Hefner sees a flat first half of 2002 before an upturn later in the year despite a sharp increase in January leasing activity.

LMDC Creates Advisory Councils

remstaff &Globe Street | February 01, 2002

NEW YORK CITY-The city-state partnership dedicated to overseeing the redevelopment of Lower Manhattan adds five committees, each charged with gathering input on a different aspect of Downtown revitalization.

Lloyd District Class A Vacancy at 3.8%

remstaff &Globe Street | February 01, 2002

PORTLAND-"If I have to have a vacant building, I'll take it in the Lloyd District," says Dan Swift, managing director of Portland-area brokerage for Insignia/ESG, which is nearing completion on 1201 Lloyd, a 222,500-sf mid-rise office project that has yet to sign its first tenant.

CoServ Halts $1.3-Bil Foreclosure With Chapter 11

remstaff &Globe Street | February 01, 2002

CORINTH, TX-This afternoon, CoServ Electric tossed almost all of its operation into Chapter 11 bankruptcy. The rural utility takes the action to avoid the Feb. 5 auction block. With it comes a lawsuit against its Washington, DC lender.

KKE Architects Hired for Prison Work

remstaff &Globe Street | February 01, 2002

SANDSTONE, MN-The project will add a new powerhouse, new storage and maintenance building, as well as a new 512-bed housing unit at the federal prison.

Imperial Tobacco Pension Fund Stubs Out Industrial Investments

remstaff | February 01, 2002

LONDON- The Imperial Tobacco Pension Fund is reweighting its portfolio by selling six industrial estates. It plans to reinvest the proceeds in the office and retail sectors.

IREM: Downtown Set to Boom

remstaff &Globe Street | February 01, 2002

LOS ANGELES-Speakers at the Eighth Annual Real Estate Forecast Breakfast hosted by the Los

KSL Reveals Plans for La Costa Resort

remstaff &Globe Street | February 01, 2002

CARLSBAD-KSL plans to spend up to $70 million on capital improvements at its resorts this year, according to SEC documents. All 479 rooms at LaCosta are expected to be renovated by the end of the year.

$15-Mil Gift Pushes $70-Mil Hospital Forward

remstaff &Globe Street | February 01, 2002

SACRAMENTO-After having heart surgery at Mercy General Hospital, businessman Alex Spanos made a $15 million decision to support the hospital's $70-million plans to build a state-of-the-art cardiac care center.

$300-$500M LakePointe Project in Limbo

remstaff &Globe Street | February 01, 2002

KENMORE, WA-The 45-acre mixed-use development on Lake Washington has stalled, due largely to the current economic climate. Plans call for the roughly $300-$500 million project include 350,000 sf of office space and 300,000 sf of retail and commercial space.

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Duke Sees Uptick After Disappointing Q4

LMDC Creates Advisory Councils

Lloyd District Class A Vacancy at 3.8%

CoServ Halts $1.3-Bil Foreclosure With Chapter 11

KKE Architects Hired for Prison Work

Imperial Tobacco Pension Fund Stubs Out Industrial Investments

IREM: Downtown Set to Boom

KSL Reveals Plans for La Costa Resort

$15-Mil Gift Pushes $70-Mil Hospital Forward

$300-$500M LakePointe Project in Limbo

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