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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.

Scottsdale Investors Buy Second Auto Parts Store

remstaff &Globe Street | July 17, 2001

PHOENIX-Jess and Barbara Nicks of Scottsdale have acquired their second CSK Auto store in a year. The 7,000-sf freestanding retail site has fetched $1.1 million. CSK Auto also operates Checker Auto Parts.

Suffolk Expands and Commits to Neighborhood

remstaff &Globe Street | July 17, 2001

BOSTON-Suffolk Construction Co. Inc. expands and modernizes its headquarters here in the neighborhood of Roxbury at 65 Allerton St. The decision to expand is part of a larger decision on the part of the company to remain in the area.

MortgageRamp, Vertical Lend Close Deal

remstaff &Globe Street | July 17, 2001

CHARLOTTE-The North Carolina-based online commercial real estate finance provider and the Melville, NY-based consulting group of 1,000 national associates will share expertise in offering mutual clients a smorgasboard of funding services.

Investment Sales Slow Sharply in First Half

remstaff &Globe Street | July 17, 2001

DENVER-The number of transactions drops almost 44% in the first six months of 2001 while the dollar volume falls 24.5%. Virtually all of the sales take place in the second quarter, according to a report.

Troll Puts 100,000 SF of Space on the Market

remstaff &Globe Street | July 17, 2001

MAHWAH, NJ-The children's book publisher is consolidating its operations and has hired Trammell Crow to sublease its corporate headquarters facility. The owner of the building will also entertain sale offers.

71-Unit Affordable Housing Project Approved

remstaff &Globe Street | July 17, 2001

POWAY, CA-City officials have approved plans to build the Hillside Village complex near Civic Center Drive and Community Road. The only other affordable housing projects in Poway are planned for the northern part of the city.

Property Top Performer Over One, Three and Five Years

remstaff &Globe Street | July 17, 2001

LONDON-New research from the Association of Property Unit Trusts and HSBC shows that property performance now outstrips equities and bonds in both the short and medium terms.

Phoenix's 267-Unit SylMar Goes for $10.5 Mil

remstaff &Globe Street | July 17, 2001

PHOENIX-The 267-unit SylMar Apartments in northwest Phoenix has brought $10.5 million from New York-based Renaissance Housing LLC. Harsch Investment Corp. of Portland, OR is the seller in the freshly closed sale.

London House Price Growth Slows

remstaff &Globe Street | July 16, 2001

LONDON-The rate of increase in central London residential values has slowed, according to a new survey from Knight Frank. Unrealistic expectations among vendors are slowing sales.

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Suburban Industrial Remains Strong, Office Suffers

Scottsdale Investors Buy Second Auto Parts Store

Suffolk Expands and Commits to Neighborhood

MortgageRamp, Vertical Lend Close Deal

Investment Sales Slow Sharply in First Half

Troll Puts 100,000 SF of Space on the Market

71-Unit Affordable Housing Project Approved

Property Top Performer Over One, Three and Five Years

Phoenix's 267-Unit SylMar Goes for $10.5 Mil

London House Price Growth Slows

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