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Economy Shifts DFW Survivor Mindset Into Overdrive

remstaff &Globe Street | December 26, 2001

DALLAS-Texas is known for its ability to soar when others plunge. The Lone Star State's survivor mentality is pushing full throttle to find ways to keep trade on the upside. Sept. 11 had its effect, but it's the slumping US economy that the region battles, say execs.

Delta Dental Plans 10,000-SF Office

remstaff &Globe Street | December 26, 2001

GILBERT, MN-The Iron Range Resources and Rehabilitation Board, a regional economic development agency, will help Eagan, MN-based Delta Dental Plan of Minnesota finance and build a permanent 10,000-sf facility.

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

remstaff &Globe Street | December 26, 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.

Stewart Title Makes Two Business Plays South of the Border

remstaff &Globe Street | December 26, 2001

HOUSTON-Stewart Title takes over a Puerto Rican title company, San Juan Abstract, while rolling out a new subsidiary in Mexico. The Mexico subsidiary's goal is to stimulate title processing south of the border.

Walnut Creek Breaks Residential Promises

remstaff &Globe Street | December 26, 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.

West End Development Activity Remains Steady

remstaff &Globe Street | December 26, 2001

LONDON-Despite the economic downturn and market uncertainty following 11 September, the level of development activity in Mayfair and St James's has remained constant over the past six months, according to Drivers Jonas.

Fate of Immunex's $1-Bil Seattle Portfolio Not Fully Decided

remstaff &Globe Street | December 26, 2001

SEATTLE, WA-When the deal closes ten months from now, Amgen's acquisition of Immunex will include nearly $1 billion in Puget Sound real estate. It pledges to hang on to some properties but has made no decision about the $150-million Bothell facilities.

64,000-Acre Land Deal in the Works

remstaff | December 26, 2001

FORT MYERS, FL-The Florida Forever Acquisition and Restoration Council has recommended the state purchase 10,000 acres of the Babcock Ranch and place another 34,000 acres under an environmental easement that would prevent future development. In return, the Babcock family would be allowed to develop 20,000 acres. Gov. Jeb Bush and the Florida Cabinet rule on the plan Jan. 29.

Confederated Tribes Win Federal OK for Coastal Casino

remstaff &Globe Street | December 26, 2001

FLORENCE, OR-With federal objections no longer an issue, the Confederated Tribes of the Coos, Lower Umpqua and Siuslaw Indians--the only federally-recognized tribe in Oregon without a casino--will now work on a compact with the state.

Industrial Sector Shines Despite Vacancy Jump

remstaff &Globe Street | December 26, 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.

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