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Survey Points to Lower Rents in 2002

remstaff &Globe Street | January 02, 2002

ORANGE COUNTY, CA-In a recent survey, brokerage firms predict that Orange County's industrial rents will decrease in the upcoming months, while sale prices will remain fairly stable.

Windy Point Sells for Nearly $90 Mil

remstaff &Globe Street | January 02, 2002

SCHAUMBURG, IL-Atlanta-based Wells Real Estate Investment pays $183.33 per sf for the two-building complex along the Northwest Tollway. Zurich Kemper Life Insurance Co. has a net lease through August 2011 on 300,034 sf.

Bay Area Buyers Short on Prospects

remstaff &Globe Street | January 02, 2002

SAN FRANCISCO-A recent conference of commercial investment brokers reveals that there is no shortage of clients who can buy Bay Area real estate. Rather, there are a lack of sellers.

Teachers Buys Hogan's Glenridge Highlands Two for $174 per SF

remstaff &Globe Street | January 02, 2002

ATLANTA-The Tampa, FL merchant builder constructed the 20-story, 414,000-sf structure in 2000 for an estimated $62 million ($150 per sf) and sold the property for $72 million. The sale closed Dec. 31 and ranks among the highest per-sf prices of the year.

Regent Assisted Living President Retires

remstaff &Globe Street | January 01, 2002

PORTLAND-Louis Swart is stepping down as president of the publicly traded owner-operators of senior facilities. The role is being assumed by Walter C. Bowen, the company's existing chairman and CEO.

88-Unit Apt. Complex Trades for $8.3 Mil

remstaff &Globe Street | January 01, 2002

BUENA PARK, CA-Irvine-based Bascom Lincoln Avenue Apartments LLC sells Cypress Village Apartments sells to private investor Ed Crerna in a deal brokered by Morgan Skenderian Investment Real Estate Group.

140,000-SF Business Center Proposed

remstaff &Globe Street | January 01, 2002

WILSONVILLE, OR-On behalf of Our Associates of Wilsonville, Architect WRG Design submits a proposal for a three-building development on 24 acres along Freeman Drive, south of Southwest 95th Avenue.

New Ballpark Foes Force Another Inning

remstaff &Globe Street | January 01, 2002

SAN DIEGO-Like a pesky rival that keeps typing the game in the bottom of the ninth, foes of the Downtown ballpark have again managed to force the city's attempt to finance the project into extra innings.

1144 Eastlake Signs Inaugural Tenant

remstaff &Globe Street | January 01, 2002

SEATTLE, WA-Asking rents in the new South Lake Union building aren't what the developers originally envisioned, but Bryan Syrdal says they're workable and the building is attracting tenants. The first to sign is the Seattle bio-tech company, Zymogenetics.

Bay Area Buyers Short on Prospects

remstaff &Globe Street | January 01, 2002

SAN FRANCISCO-A recent conference of commercial investment brokers reveals that there is no shortage of clients who can buy Bay Area real estate. Rather, there is a lack of sellers.

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Survey Points to Lower Rents in 2002

Windy Point Sells for Nearly $90 Mil

Bay Area Buyers Short on Prospects

Teachers Buys Hogan's Glenridge Highlands Two for $174 per SF

Regent Assisted Living President Retires

88-Unit Apt. Complex Trades for $8.3 Mil

140,000-SF Business Center Proposed

New Ballpark Foes Force Another Inning

1144 Eastlake Signs Inaugural Tenant

Bay Area Buyers Short on Prospects

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