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Houston Region Averaging 30 Multifamily Sales Monthly

remstaff &Globe Street | November 12, 2001

HOUSTON-The city's multifamily market is a surefire magnet for buyers and sellers, exchanging an average of 30 complexes per month. The average sales price is now $37,620 per unit, about $13,000 higher than 2000.

BIG PICTURE: Profiling Short-Term Rental Tenants is Industry's Newest Hot Topic

remstaff &Globe Street | November 12, 2001

ORLANDO-Whether or not they say so on the record, most property management agents in the US and Great Britain today are paying closer attention to itinerant tenants with no job record and pocketfuls of cash, brokers, managers and analysts tell GlobeSt.com in an exclusive survey.

Shaw's Building 60,000-SF Supermarket

remstaff &Globe Street | November 12, 2001

BOSTON-This city will soon welcome one of its largest grocers as Shaw's Supermarkets begins construction on a 60,000-sf store here at the Prudential Center. The full-service supermarket is being termed an "urban grocery store.

City Market Begins To Slow, Reports King Sturge

remstaff &Globe Street | November 12, 2001

LONDON-Office Availability in the City of London rose by one fifth during the third quarter of 2001. With 2.9 million sf of office space available, the vacancy rate now stands at 4.5% according to King Sturge.

Apt. Manager Stands By Screening Procedures

remstaff &Globe Street | November 12, 2001

PORTLAND-Marathon Management may have a heightened awareness since Sept. 11, but its owner says existing screening procedures -- centralized credit checking, criminal background checks, rental and employment histories and a no cash policy -- are sufficient to protect tenants and buildings.

Downtown Harley Davidson Relocates to Harbor Steps

remstaff &Globe Street | November 12, 2001

SEATTLE-The new store at Harbor Steps replaces a Harley-Davidson store located for the past six-and-a-half years at the corner of Fourth and Stewart Streets in downtown Seattle. Both operations are run by Downtown Harley-Davidson Buell, a family-owned, independent dealership.

City Cancels $920 Mil NYSE Bond Vote

remstaff &Globe Street | November 12, 2001

NEW YORK CITY-The city's Industrial Development Agency has taken the vote off its calendar indefinitely following controversial remarks by exchange chairman Richard Grasso questioning the project's post-September 11 viability.

Westech Corporate Center Stacking Up Land Closings

remstaff &Globe Street | November 12, 2001

CHANDLER, AZ-SunAmerica and Richard Jensen of Missouri seal a 3.8-acre buy in the 140-acre Westech Corporate Center. Three more land closings should clear the pipeline in 60 days while brokers float an option contract for another prospect's final review.

Wells Hires Steinwedell to Head Asset Management

remstaff &Globe Street | November 12, 2001

ATLANTA-The former principal at Steinwedell & Associates handled $2.2 billion in capital market transactions over his 20-year career.

2nd Kinzie Station Phase To Be Rental

remstaff &Globe Street | November 12, 2001

CHICAGO-A slumping condominium market prompts Heartland Partners to switch its 34-story, 242-unit second Kinzie Station building to a rental building, going from a suddenly overbuilt "for sale" market to underserved apartment sector.

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Houston Region Averaging 30 Multifamily Sales Monthly

BIG PICTURE: Profiling Short-Term Rental Tenants is Industry's Newest Hot Topic

Shaw's Building 60,000-SF Supermarket

City Market Begins To Slow, Reports King Sturge

Apt. Manager Stands By Screening Procedures

Downtown Harley Davidson Relocates to Harbor Steps

City Cancels $920 Mil NYSE Bond Vote

Westech Corporate Center Stacking Up Land Closings

Wells Hires Steinwedell to Head Asset Management

2nd Kinzie Station Phase To Be Rental

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