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Land Purchased for Senior Apartment Project

remstaff &Globe Street | July 25, 2001

ORANGE, CA-Urban Pacific Partners pays $500,000 for a little more than one-third of an acre. The Long Beach-based company is planning a 27,000 sf affordable apartment building for seniors on the site.

Fairmont Acquires 50% of Copley Hotel

remstaff &Globe Street | July 25, 2001

BOSTON-As part of the $23-million deal, Fairmont Hotel & Resorts Inc. will manage the hotel for the next 50 years. The new owner will also renovate the property, which opened in 1912.

Market Research Firm Takes 40,000 SF

remstaff &Globe Street | July 25, 2001

EAST HANOVER, NJ-Market Measures Interactive is moving to the Eagle Rock complex from its existing space in Livingston, NJ in an expansion move. Part of new location's appeal is that MMI will have all it operations on one floor.

Opus West Project Gets Go-Ahead from Tempe

remstaff &Globe Street | July 25, 2001

TEMPE, AZ-Opus West has received the green light from Tempe to build a 100,000-sf office building in its 140-acre Emerald Center. Ground will break at year's start on the class A undertaking, being positioned on 25 acres.

New York's IBEX Gets Nordstrom Job

remstaff &Globe Street | July 24, 2001

CORAL GABLES, FL-Ibex Construction Inc. has broken ground on a 200,000 sf Nordstrom Inc. department store in Village of Merrick Park, an 850,000-sf Rouse Co. venture in Coral Gables, FL. The estimated hard cost of the Nordstrom store is $25 million, industry estimators tell GlobeSt.com.

Serveron Signs Short-Term, 23,000-SF Lease

remstaff &Globe Street | July 24, 2001

HILLSBORO, OR-With space continuing to spill back onto the market, the up-and-coming maker of transformer monitors for the world's power providers opts for a six-month lease and a return to the market in September for a more permanent home.

Mixed-Use Planned for Nursery Property

remstaff &Globe Street | July 24, 2001

HILLSBORO, OR-No formal application has been submitted to the City, but West Hills Development has an option to purchase the 70-acre property from the Teufel family located on Tualatin Valley Highway, just west of River Road.

Austin Retail Occupancy Slips for First Time in Nine Years

remstaff &Globe Street | July 24, 2001

AUSTIN-Retail has lost some ground in the Austin market. The slight decrease is the first recorded since 1992 when NAI/Commercial Industrial Property started tracking retail. On a bright note, it's not predicted to plummet like the office market.

Former Police Chief Joins Capri's Office

remstaff &Globe Street | July 24, 2001

DETROIT-Benny N. Napoleon is appointed executive vice president of Capri Capital's new office. The former Detroit police chief is in charge investment management and business strategy development for pension funds.

Bankruptcy Drives New Leasing Team into Action

remstaff &Globe Street | July 24, 2001

DALLAS-A Jones Lang LaSalle Dallas team is rallying a hasty marketing effort in the wake of its new 100%-occupied assignment suddenly facing a 56,269-sf vacancy. Shortly after leasing duties change hands, a Briargrove Place tenant files bankruptcy.

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Land Purchased for Senior Apartment Project

Fairmont Acquires 50% of Copley Hotel

Market Research Firm Takes 40,000 SF

Opus West Project Gets Go-Ahead from Tempe

New York's IBEX Gets Nordstrom Job

Serveron Signs Short-Term, 23,000-SF Lease

Mixed-Use Planned for Nursery Property

Austin Retail Occupancy Slips for First Time in Nine Years

Former Police Chief Joins Capri's Office

Bankruptcy Drives New Leasing Team into Action

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