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AMB Signs Leases for 75,000 SF Near O'Hare

remstaff &Globe Street | September 24, 2001

BENSENVILLE, IL-The San Francisco-based owner lands leases here as well as Rosemont. The largest is 62,934 sf at 630-44 Supreme Dr. with Forward Air, Inc. Trammell Crow Co. vice president Thomas P. Wagener brokers the deals.

Sugar Land Incentives Lure 50,000-SF Project

remstaff &Globe Street | September 23, 2001

SUGAR LAND, TX-A Houston-based manufacturer takes the tax incentive bait and buys 6 1/2 acres in Sugar Land. Prince Plastics will develop the site into a 50,000-sf headquarters, warehouse and manufacturing facility.

Austin Building Owners Hold Tight, So Far

remstaff &Globe Street | September 23, 2001

AUSTIN-The gap between buyers and sellers in Austin has yet to narrow despite the economic times. First, most large building owners don't have to part with their properties. And second, there are no fire-sale deals and rent forecasts are dismal.

Texas Investor Outbids 11 Others for 320,000-SF Portfolio

remstaff &Globe Street | September 23, 2001

CARROLLTON, TX-A four-building, fully leased industrial portfolio brought a bevy of bids-- more for its location than its star-studded ownership. It abuts the Valwood Industrial Park, going to a bidder with ties to the park and plans for redevelopment.

Trendwest Begins Latest Resort, Bucks Market Trend

remstaff &Globe Street | September 23, 2001

SEASIDE, OR-The Redmond, WA-based publicly traded developer of regional timeshare-vacation condominiums is underway here for a 280-room resort, and its share price is showing resilience during the worst weekly drop in the stock market since the Depression.

Investors Pay $10.1 Mil for Cowan Building

remstaff &Globe Street | September 23, 2001

IRVINE, CA-The 61,366-sf facility was 100% leased at the time of sale. The deal has occurred as Pacific Life & Annuity Co. has announced it will move its Group Insurance Division to Irvine in 2002.

Historic City Hall Sells for $7 Mil

remstaff &Globe Street | September 23, 2001

SPOKANE, WA-Multiple offers were turned in for the 93,000-sf., six story Downtown office building built in 1912, which was listed for $6.85 million. The building is adjacent to River Park Square, a recently renovated Nordstrom anchored shopping mall.

Chevron Moving to San Ramon, Tishman Looking for Tenants

remstaff &Globe Street | September 23, 2001

SAN FRANCISCO-Chevron is relocating its main headquarters to San Ramon, adding to the woes of building owner Tishman Speyer, which also is experiencing the worst the Internet decline has to offer.

$11-Mil Industrial Project Flying Near Airport

remstaff &Globe Street | September 23, 2001

PHOENIX-Douglas Allred Co. of San Diego is hard at work on an $11-million second phase to its Allred Sky Harbor Center. The development will bring another 147,000 sf of industrial space to the airport area, one of the Valley's strongest submarkets.

Industrial Vacancy Rate Up to 11.4%

remstaff &Globe Street | September 21, 2001

MINNEAPOLIS-The slump in the tech sector is one of the main factors in negative absorption and higher vacancies. Sublease space, up 50% since January, pushes the overall rate up to 14.2%, according to United Properties.

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AMB Signs Leases for 75,000 SF Near O'Hare

Sugar Land Incentives Lure 50,000-SF Project

Austin Building Owners Hold Tight, So Far

Texas Investor Outbids 11 Others for 320,000-SF Portfolio

Trendwest Begins Latest Resort, Bucks Market Trend

Investors Pay $10.1 Mil for Cowan Building

Historic City Hall Sells for $7 Mil

Chevron Moving to San Ramon, Tishman Looking for Tenants

$11-Mil Industrial Project Flying Near Airport

Industrial Vacancy Rate Up to 11.4%

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