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Duke's Double-Digit Earnings String Ends

remstaff &Globe Street | July 31, 2001

INDIANAPOLIS-Funds from operations increase 9.8% per share, ending Duke Realty Corp.'s string of consecutive quarters of double-digit earnings growth at 22. Softness in suburban office markets are one reason.

Henry S. Miller Beefs Up Houston Land Division

remstaff &Globe Street | July 31, 2001

HOUSTON-The Houston office of Henry S. Miller Commercial adds a senior vice president of the land division and a new broker. Jerry Collins, the new senior VP, says he has come on board to build up the division in the Houston office.

Mesa's Fiesta Mall Up for Grabs, Could Fetch $120 Mil

remstaff &Globe Street | July 31, 2001

MESA, AZ-The one million-sf Fiesta Mall is up for sale by an institutional owner looking to diversify into other industries, says a mall rep. Market averages could bring $120 million for the 95% occupied center.

Abbey Co. Pay $3.2 Mil for Office Building

remstaff &Globe Street | July 31, 2001

ORANGE, CA-The facility, which encompasses 29,987 sf, was 100% occupied at the time of sale. There is an ample supply of available office product in the county and additional projects are expected to flood the market in upcoming months.

AMLI Sells 2 Properties for $67 Mil

remstaff &Globe Street | July 31, 2001

WILLOWBROOK, IL-The 488-unit AMLI at Willowbrook in this I-55 Corridor suburb fetches nearly $119,000 per unit for multifamily rental REIT AMLI Residential Properties Trust.

Siemens Breaks Ground for 712,000-SF Campus

remstaff &Globe Street | July 31, 2001

WOODBRIDGE TWP., NJ-Gale & Wentworth will develop the three-building property for the electronics and engineering giant on the site of its current facility.

Commercial Site Sells for $104,000 Per Acre

remstaff &Globe Street | July 31, 2001

BOLINGBROOK, IL-West Suburban Bank sells a 6.7-acre site on Boughton Road, a quarter-mile west of I-355, for $700,000 to ABCN Corp., which plans a commercial development for the site in the I-55 Corridor.

Rooker Building 511,000-SF Hub for Haverty

remstaff &Globe Street | July 31, 2001

ATLANTA-Locally based John J. Rooker and Associates is shooting for a fall 2002 completion of the new high-tech regional distribution center in suburban Braselton, GA for expanding Haverty Furniture Cos. Inc. of Atlanta. The project's estimated hard construction cost is $32 million.

May Cos., World Savings Bank Sue Developer

remstaff &Globe Street | July 31, 2001

LAKEWOOD, CO-The suits are an attempt by the two tenants to cut better deals when they serve as anchors in the new Villa Italia development, says a principal with Continuum Partners LLC, redeveloping the former regional mall.

Manager Hired for Public Works Project

remstaff &Globe Street | July 31, 2001

MINNEAPOLIS-E&V Consultants and Construction Managers assigns Clair Willemssen to the $1.8-million, 18,000-sf public works facility project in Nobles County, MN. She has more than 25 years construction industry experience.

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Duke's Double-Digit Earnings String Ends

Henry S. Miller Beefs Up Houston Land Division

Mesa's Fiesta Mall Up for Grabs, Could Fetch $120 Mil

Abbey Co. Pay $3.2 Mil for Office Building

AMLI Sells 2 Properties for $67 Mil

Siemens Breaks Ground for 712,000-SF Campus

Commercial Site Sells for $104,000 Per Acre

Rooker Building 511,000-SF Hub for Haverty

May Cos., World Savings Bank Sue Developer

Manager Hired for Public Works Project

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