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CBI Calls For Radical Planning Reform

remstaff &Globe Street | July 25, 2001

LONDON-The Confederation of British Industry has responded to the government's planned shake-up of the planning system with a call for an even more radical approach. It says the existing system is thwarting economic growth.

Economist Predicts No Austin Rebound Until Q2 2002

remstaff &Globe Street | July 25, 2001

AUSTIN-Local economist Angelos Angelou tells real estate professionals to make the most of its economic downturn and aggressively market itself to places like California. An upswing isn't expected until Q2 2002 so it's time to place controls on future supply.

EOP Seeks Design Approval for 800,000-SF Tower

remstaff &Globe Street | July 25, 2001

BELLEVUE, WA-The 450-foot tall, 32-story structure would be the largest office building in Downtown Bellevue by some 320,000 sf. Wright Runstad would develop the project for Equity Office Properties Trust, which already controls more than 50% of the Downtown space.

Commission Names New Metro Terminal for Boss

remstaff &Globe Street | July 25, 2001

ROMULUS, MI-The new 97-gate, $1.2-billion terminal, dubbed the Midfield Terminal by Northwest Airlines, should be called "McNamara Terminal" in honor of Wayne County Executive Edward H. McNamara, according to commissioners.

More Than 400,000 SF Claimed in 2 Loop Deals

remstaff &Globe Street | July 25, 2001

CHICAGO-Two tenants expand space in Downtown class A buildings in signing two of the largest leases of the year. Piper Marbury Rudnick & Wolfe stays at 203 N. LaSalle St.; Credit Suisse First Boston Corp. at 227 W. Monroe St.

GlobeSt.com UPDATE: CenterPoint, HALO Talks Continue

remstaff &Globe Street | July 25, 2001

NILES, IL-A lease deal here provides a case study on the roller-coaster ride taken by dot-com players jumping in from other industries, as well as the property owners who leased space to them.

MBA Calls for Changes to FHA Credit-Subsidy Calculations

remstaff &Globe Street | July 25, 2001

WASHINGTON, DC-The group is calling on HUD and the OMB to rework how they're doling out dollars to insurance programs that back affordable housing. Mortgage bankers also want the Fed to restart its multifamily mortgage-insurance plans.

Councilor Davis-Mullen Criticizes Construction of New Center

remstaff &Globe Street | July 25, 2001

BOSTON-A Catholic community center being developed here in South Boston has stirred up a controversy as mayoral candidate Peggy Davis-Mullen contends that the center is replacing low-income housing units. The city maintains that affordable housing will be developed on the site.

Chicago's Equity Marketing Buys Park Lane

remstaff &Globe Street | July 25, 2001

ATLANTA-An unidentified pension fund advised by Heitman Capital Management of Chicago sells the 31-year-old, 18-story, 270-unit tower at fast-developing Peachtree Road and Lindbergh Drive for $28 million or $103,703 per unit. A condominium conversion could be in the works.

Trendwest Reports Healthy Q2 Earnings

remstaff &Globe Street | July 25, 2001

REDMOND, WA-Trendwest Resorts Inc., one of the nation's leading timeshare companies reported record net income of $14 million, or 55 center per diluted share for the quarter ended June 30.

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CBI Calls For Radical Planning Reform

Economist Predicts No Austin Rebound Until Q2 2002

EOP Seeks Design Approval for 800,000-SF Tower

Commission Names New Metro Terminal for Boss

More Than 400,000 SF Claimed in 2 Loop Deals

GlobeSt.com UPDATE: CenterPoint, HALO Talks Continue

MBA Calls for Changes to FHA Credit-Subsidy Calculations

Councilor Davis-Mullen Criticizes Construction of New Center

Chicago's Equity Marketing Buys Park Lane

Trendwest Reports Healthy Q2 Earnings

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