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282,000-SF Nortel Building Gets Bail-Out from W.P. Carey

remstaff &Globe Street | December 27, 2001

RICHARDSON, TX-In a $47-million sale leaseback, W.P. Carey acquires a 282,000-sf, class A building belonging to Nortel Networks. In such deals, tenants usually pay real estate taxes and insurance plus maintain the property.

$60-Mil Iron Bridge Office Campus Close to Starting Gate

remstaff &Globe Street | December 27, 2001

SPOKANE, WA-After three years of site preparation and a major change in plans, groundbreaking on the first building will come this spring. Ultimately, Kent Hull says the complex is projected to hold 450,000 sf of Class A office space.

300,000 SF Leased in North Suburban Deals

remstaff &Globe Street | December 27, 2001

GREEN OAKS, IL-Bradley Road LLC, owner of two buildings at 13820 and 13825 W. Business Center Dr. in this far north suburb of Chicago, has three new lease deals in place for more than 250,000 sf.

Billionaire Buffet Invests in Shopping Center

remstaff &Globe Street | December 27, 2001

SAN DIEGO-One of the nation's most emulated investors has acquired a nearly 5.1% stake in a locally based shopping center company, according to a Securities and Exchange Commission filing.

RealtyRates Partners with Six Affiliates

remstaff &Globe Street | December 27, 2001

BRADENTON, FL-The west Florida online marketing network has working agreements with atvalue.com, guide2mortgage.com, vandema.com, DavenportAppraisals.com, Revac.com and AppraisalLibrary.com. Bradenton is 80 miles west of Downtown Orlando.

Industrial Sector Shines Despite Vacancy Jump

remstaff &Globe Street | December 27, 2001

DENVER-Putting a jump from 4.8% to 6.3% in the industrial vacancy rate into perspective, Cushman & Wakefield broker Rick Hubina notes the rate is still healthy, and half the figure for office properties.

GlobeSt.com EXCLUSIVE: Region's Hospitality Industry is 2001's Artful Dodger

remstaff &Globe Street | December 27, 2001

HOUSTON-Houston's hospitality industry ends the year ahead of 2000, according to PKF Consulting. The city is posting an overall occupancy of 69.1%, up from 67.1%, despite Enron, Compaq and a nationwide bottoming out of the hotel market.

Walnut Creek Breaks Residential Promises

remstaff &Globe Street | December 27, 2001

WALNUT CREEK, CA-Walnut Creek has seen a lot of commercial development in the Golden Triangle area, but developers who promised to replace demolished homes with new ones have built only two new units.

Pan Pacific Invests $20 Mil Near Disneyland

remstaff &Globe Street | December 27, 2001

ANAHEIM, CA-The San Diego-based REIT acquires 181,000-sf Brookhurst Center from privately held Brookhurst LLC.

Huntington Beach Councilman Resigns

remstaff &Globe Street | December 27, 2001

HUNTINGTON BEACH, CA-Dave Garofalo voluntarily steps down amid allegations that he improperly voted dozens of times on real estate-related issues and other matters that affected his publishing business. He denies any wrongdoing.

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282,000-SF Nortel Building Gets Bail-Out from W.P. Carey

$60-Mil Iron Bridge Office Campus Close to Starting Gate

300,000 SF Leased in North Suburban Deals

Billionaire Buffet Invests in Shopping Center

RealtyRates Partners with Six Affiliates

Industrial Sector Shines Despite Vacancy Jump

GlobeSt.com EXCLUSIVE: Region's Hospitality Industry is 2001's Artful Dodger

Walnut Creek Breaks Residential Promises

Pan Pacific Invests $20 Mil Near Disneyland

Huntington Beach Councilman Resigns

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