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Six Chock Full O'Nuts Leases Bring $7.25 Mil

remstaff &Globe Street | July 12, 2001

NEW YORK CITY-Put up for bid in April by Sara Lee to dispose on non-core assets it acquired in 1999, the six leaseholds have an average term of 20 years. The former diners range in size from 10,000 sf to 16,000 sf.

USOL Beefs Up Belco Equities Pact, Adds 922 Units

remstaff &Globe Street | July 12, 2001

AUSTIN-USOL Holdings has snared two more Austin complexes, totaling 922 units, for its high-tech services. An expanded deal with Los Angeles-based Belco Equities links the under-construction Riverhorse Ranch and Chevy Chase in the city's northern tier.

PeaceHealth Seeks Site for Million-SF Hospital

remstaff &Globe Street | July 12, 2001

EUGENE, OR-After its preferred site generated too much flack for being outside the city's core, the City is now working to find alternate sites that would keep the hospital close-in. PeaceHealth expects to make a final decision in September.

Schwieters Develops 3rd Phase in Bald Eagle

remstaff &Globe Street | July 12, 2001

EAGAN, MN-The developer has begun looking for tenants to lease the third building, which should be ready later this year. The 4.5-acre Bald Eagle Industrial Park has seen $6 million in new development this year.

Landauer Launches Environmental Division

remstaff &Globe Street | July 12, 2001

NEW YORK CITY-Landauer Realty Group has formed an environmental valuation and consulting division to help real estate professionals properly evaluate contaminated sites and turn them once more into valuable property.

Heimsath: Office Occupancy Plummets to 84.9%

remstaff &Globe Street | July 12, 2001

AUSTIN-It won't be a replay of the late 1980s, but Austin's office occupancy is caught in an undertow of a falling economy. Charles Heimsath of Capitol Market Research pegs the overall rate at 84.9%, down from 95% in December.

Wyndham Sales Mode Reaps $60 Mil for Seven Hotels

remstaff &Globe Street | July 12, 2001

DALLAS-Wyndham International has hawked sliver assets in seven properties, totaling 2,306 rooms, from California to Pittsburgh. Host Marriott has shelled out $60 million in cash, taking Wyndham to $194 million in non-strategic sales this year.

Starboard Closes Several Smaller Deals

remstaff &Globe Street | July 12, 2001

SAN FRANCISCO-General merchandise retailer Grant Victor leases 9,000-sf of retail space, four others each take between 4,000 sf and 6,500-sf of office space and a sixth takes 7,700-sf of industrial space.

Triple-Net Deals Popular Throughout Market

remstaff &Globe Street | July 12, 2001

FOX RIVER GROVE, IL-A Blockbuster Video store in this far northwest suburb of Chicago sells for $1.15 million, a price that further signals of the increasing popularity of triple-net lease investment deals.

Another 5% Rent Hike Forecast for Single-Story Flex

remstaff &Globe Street | July 12, 2001

HOUSTON-Marcus & Millichap is predicting another 5% hike in flex office rents by year's end. Investor interest is strong, fueled by a hardy local economy, a brisk energy industry and lower borrowing rates.

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Six Chock Full O'Nuts Leases Bring $7.25 Mil

USOL Beefs Up Belco Equities Pact, Adds 922 Units

PeaceHealth Seeks Site for Million-SF Hospital

Schwieters Develops 3rd Phase in Bald Eagle

Landauer Launches Environmental Division

Heimsath: Office Occupancy Plummets to 84.9%

Wyndham Sales Mode Reaps $60 Mil for Seven Hotels

Starboard Closes Several Smaller Deals

Triple-Net Deals Popular Throughout Market

Another 5% Rent Hike Forecast for Single-Story Flex

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