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Tourism Report Seen as Victory in Shadow of 9/11

remstaff &Globe Street | December 24, 2001

SAN DIEGO-Area-wide occupancy levels for 2001 should finish out the year near 70%, with an average room rate of $111, a 3% decline in occupancy from 2000, according to Smith Travel Research.

Reckson Sells 49% of Third Ave. Building for $221 Mil

remstaff &Globe Street | December 24, 2001

MELVILLE,NY-The New York State Teachers' Retirement System bought the minority stake in 919 Third Ave. Reckson received roughly $98 million in cash.

Restaurant Leases Space for 2nd Location

remstaff &Globe Street | December 24, 2001

FAIRFAX, VA-Locals will welcome a new restaurant as JBG Rosenfeld Retail secures a lease on the building formerly occupied by the Black Eyed Pea. Contemporary American restaurant Rhodeside Grille will open its second location in the 4,500-sf structure.

Inland Pays $257 per SF for Two Eckerd Stores

remstaff &Globe Street | December 24, 2001

GREENVILLE, SC-The Oak Brook, IL-based REIT continues its year-long buying spree, paying $5.6 million for two Eckerd properties in South Carolina. Inland Retail has snapped up more than 2.3 million sf of retail space this year, all of it in the Southeast.

$10.5 Mil Tourism Blitz Targets Atlanta, Charlotte and Miami

remstaff &Globe Street | December 24, 2001

ORLANDO-With hotel occupancies in the doldrums (averaging 40% to 60%), the Orlando/Orange County Convention & Visitors Bureau, headed by Bill Peeper, plans a six-month advertising barrage at cities within driving distance to Orlando's attractions.

Wyndham Opens 396-Room Hotel at Airport

remstaff &Globe Street | December 24, 2001

ELIZABETH, NJ-The company's ninth New Jersey property is rolled out at Newark International just days before Christmas after a $35 million renovation of the former Holiday Inn.

Town Aims to Develop its own Affordable Housing

remstaff | December 24, 2001

LINCOLN, MA-An affordable-housing development on land near the Minute Man National Historic Park, which is owned by the state highway department, would increase the town's affordable-housing stock and make it less vulnerable to developers with comprehensive permits.

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Tourism Report Seen as Victory in Shadow of 9/11

Reckson Sells 49% of Third Ave. Building for $221 Mil

Restaurant Leases Space for 2nd Location

Inland Pays $257 per SF for Two Eckerd Stores

$10.5 Mil Tourism Blitz Targets Atlanta, Charlotte and Miami

Wyndham Opens 396-Room Hotel at Airport

Town Aims to Develop its own Affordable Housing

Transit/Cheks Moves to 20,850-SF Yahoo Space

United Dominion Gets $400-Mil Revolving Credit Facility

U.S. Bank Center OK'd to Replace Cinema With Health Provider

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