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Fired Up Adds Applebee's Veteran to Board

remstaff &Globe Street | August 22, 2001

AUSTIN-Fired Up Inc., owner of Johnny Carino's Country Italian eateries, has snagged Franklin Carson, a veteran restaurateur for its board. He owns 21 Applebee's in Tampa and Johnny Carino franchises.

State to Name Developer for $50-Mil Armory Restoration

remstaff &Globe Street | August 22, 2001

NEW YORK CITY-A 122-year-old Park Avenue landmark is close to getting the facelift it so richly deserves now that the state is ready to green-light a total restoration for the historic structure, GlobeSt.com has learned.

Tax Company Signs $7.5-Mil Office Lease

remstaff &Globe Street | August 22, 2001

LOS ANGELES-The company, Lereta Corp., has inked a 10-year deal for 35,000 sf in the San Gabriel Valley Corporate Center. The deal has occurred as the LA County Environmental Services has signed a 10-year lease to occupy 77,000 sf in the complex.

Hightower, Crawford Start New Firm

remstaff &Globe Street | August 22, 2001

ATLANTA-Former Fulton County commissioner Michael Hightower and developer Douglas Crawford are teaming as Collaborative Partners, a commercial development and planning company.

XM Satellite Radio Acquiring Headquarters Building for $34 Mil

remstaff &Globe Street | August 22, 2001

WASHINGTON, DC-A few years ago, XM taking the lease at 1500 Eckington Place NE here was seen as a boon for new growth of tech companies in the neighborhood. While that scenario seems unlikely, the firm is working on a deal to purchase the building.

Dallas Wholesale Strip Getting 210,000-SF Retail, Hotel

remstaff &Globe Street | August 22, 2001

DALLAS-Fifteen dormant acres in a Dallas wholesale strip are being whipped into shape for a 210,00-sf retail project and up to a 150-room hotel. Before a month passes, a permit should be in hand and a general contractor on board for an immediate construction start.

Industrial Market Slows, But No Worries Yet

remstaff &Globe Street | August 22, 2001

DENVER-The vacancy rate rises to 7.66% in the first half of the year, compared with about a 20-year low of 5.44% at the end of 2000. For sellers, cap rate ranges have risen from 8.5% to 9.55% to 9.5% to 10.5%.

WCI First-Day Closing Nets $110 Mil

remstaff &Globe Street | August 22, 2001

BONITA SPRINGS, FL-The developer of luxury single-family and multifamily communities closes on the sale of 116 units in the Montenero condominium tower in the Southwest Florida community of Naples, FL. Bonita Springs is 105 miles west of Miami.

Vacancies Keep Rising, Rents Keep Falling

remstaff &Globe Street | August 22, 2001

SAN FRANCISCO-Recent reports reveal that San Francisco is the leading city in rental rate decreases. Rents have dropped 6.2% in the last quarter. Of course, they also led in rent increases prior to the downturn.

First Leg of 350,000-SF Center Under Way at San Antonio Hotspot

remstaff &Globe Street | August 22, 2001

SAN ANTONIO-Construction crews are hard at work on the first 50,000 sf of the planned 350,000-sf Westwood Vista center in San Antonio's northwest submarket. When all's in place, the junction of Culebra Road and Loop 1604 will boast 500,000 sf of retail.

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Fired Up Adds Applebee's Veteran to Board

State to Name Developer for $50-Mil Armory Restoration

Tax Company Signs $7.5-Mil Office Lease

Hightower, Crawford Start New Firm

XM Satellite Radio Acquiring Headquarters Building for $34 Mil

Dallas Wholesale Strip Getting 210,000-SF Retail, Hotel

Industrial Market Slows, But No Worries Yet

WCI First-Day Closing Nets $110 Mil

Vacancies Keep Rising, Rents Keep Falling

First Leg of 350,000-SF Center Under Way at San Antonio Hotspot

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