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Distributor Takes Title to 25,000-SF Build-to-Suit

remstaff &Globe Street | July 17, 2001

HOUSTON-Storagequip, a Houston supplier, has acquired a 25,000-sf office-warehouse within a month of the build-to-suit delivering. Clay Development & Construction is the developer and seller of the northwest Houston property.

Suburban Industrial Remains Strong, Office Suffers

remstaff &Globe Street | July 17, 2001

BOSTON-Local brokers tell GlobeSt.com that while the market for industrial space in the suburbs remains steady, the office market here continues to decline. Still, a number of recent deals indicate the market is still alive.

Stamford Office Availability Rate Rises Sharply

remstaff &Globe Street | July 17, 2001

STAMFORD, CT-Tenant givebacks, sublease offerings and a slowdown in leasing velocity Downtown contributed to a more than six percentage point hike in the city's office availability rate in the second quarter, according to Insignia/ESG.

Terremark Losses Grow by 94.2%

remstaff &Globe Street | July 17, 2001

MIAMI-The locally based provider of Internet infrastructure and managed services closes the fiscal year with a net loss of $104 million on increased operating revenue of $40.2 million.

Rumors Swirl Around International Place

remstaff &Globe Street | July 17, 2001

BOSTON-Unconfirmed rumors report that one of the city's most coveted office towers, International Place, is up for sale. The complex, which has 1.7 million-sf of space, is situated on a pair of adjacent properties in the heart of the financial district here.

Amsterdam Hotels Score With Euro 2000

remstaff &Globe Street | July 17, 2001

LONDON-The annual European hotel survey from consultant PKF shows that hotels in Amsterdam performed better than any other European location during 2000. The Euro 2000 soccer tournament boosted occupany and room yields.

Developer, School Board Square Off

remstaff &Globe Street | July 17, 2001

CLERMONT, FL-The Lake County board faces an Aug. 17 deadline to build a $1 million road in 12 months to the entrance of a $45-million, 1,864-student high school in one of metro Orlando's fastest-growing bedroom communities.

FASB Issues Q&A on CMBS Transactions Under SFAS 140

remstaff &Globe Street | July 17, 2001

WASHINGTON, DC-The FASB has issued a revised guidance draft on July 3 and expects to release its final copy this week on CMBS transactions under the SFAS 140 accounting standard.

Private Investor Pays $6 Mil for Complex

remstaff &Globe Street | July 17, 2001

LOS ANGELES-The 86-unit apartment complex has been bought by a private investor, as the county's multifamily market continues to shine. One of the principal factors contributing to the strength of this market is the apartment shortage.

42,221-SF Don Pablo's Headquarters Sale Closes

remstaff &Globe Street | July 17, 2001

BEDFORD, TX-Six months of looking ends with a Ft. Worth investor taking title to the Don Pablo's headquarters, which had carried a $4.9-million asking price. New owner Klabzuba Properties reportedly is making plans to lease the office building.

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Distributor Takes Title to 25,000-SF Build-to-Suit

Suburban Industrial Remains Strong, Office Suffers

Stamford Office Availability Rate Rises Sharply

Terremark Losses Grow by 94.2%

Rumors Swirl Around International Place

Amsterdam Hotels Score With Euro 2000

Developer, School Board Square Off

FASB Issues Q&A on CMBS Transactions Under SFAS 140

Private Investor Pays $6 Mil for Complex

42,221-SF Don Pablo's Headquarters Sale Closes

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