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Unemployment Rate Reaches Monthly High

remstaff &Globe Street | July 18, 2001

OLYMPIA, WA-Despite historically dipping in June, the state's unemployment rate has risen yet again, three-tenths of a percent over last month to 5.7%. Employment Security Commissioner Sylvia Moody says this is typical of a slowing economy.

Software Firm Sells Short-Term Space for Long-Range Goal

remstaff &Globe Street | July 18, 2001

AUSTIN-Infraworks has found its first takers for about half of its 42,248-sf office building along Bee Caves Road. In charting its long-term growth. Infraworks predicts it will take up to five years before it needs the entire building.

Hotel GM Steps Down to Focus on New Development

remstaff &Globe Street | July 18, 2001

BOSTON-Four Seasons Hotel general manager Robin Brown leaves his job to establish CWB Boylston whose principals will be Brown, mall developer Stephen Weiner and Julian Cohen. The trio will focus on developing a luxury hotel and condominium complex here at the Prudential Center.

80,000-SF Burnhaven Mall Sold to Partnership

remstaff &Globe Street | July 18, 2001

BURNSVILLE, MN-The mall is sold by First American Asset Management and is leased up with such tenants as Linen 'n Things and Kinko's. New ownership is a partnership led by Peter Herfurth of Medina, MN.

79-Store Skipper's Navigating Rough Seas

remstaff &Globe Street | July 18, 2001

EDMONDS,WA-The fast seafood chain lost its CEO last week, but the CFO has taken the helm and plans modest growth following tough cutbacks aimed at turning a profit.

Multifamily: One Owner Gets $25-Mil Loan, Another Buys in El Paso

remstaff &Globe Street | July 18, 2001

DALLAS-NorthMarq Capital's Dallas office has arranged a $25-million loan for the owner of the 480-unit Legends at Ridgeview Ranch in Plano. In El Paso, Dallas' Oakwood Capital has bought a 320-unit complex.

Vacancy Levels Rise in OC Office Market

remstaff &Globe Street | July 18, 2001

ORANGE COUNTY-Vacancy rates have risen to 12.59% in the second quarter of 2001, according to a recent report published by Voit Commercial Brokerage.

Albertson's: Maybe Not Your Store Anymore

remstaff &Globe Street | July 18, 2001

BOISE, ID-Albertson's Inc. is laying off workers, closing stores and consolidating operations in an effort to cut costs and make the food and drug retailer a more efficient company.

NTC Project Gets Go-Ahead from Council

remstaff &Globe Street | July 18, 2001

SAN DIEGO-City Council gives the nod to the Naval Training Center project despite a skeptical Mayor Murphy, setting the stage for reconsideration by the state Coastal Commission.

English Village Construction Continues

remstaff &Globe Street | July 18, 2001

DETROIT-The East Side will see 20 new condominium buildings, containing 95 multifamily units, in the next two years. They are designed to look like the classic London row houses of the 1800's.

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Unemployment Rate Reaches Monthly High

Software Firm Sells Short-Term Space for Long-Range Goal

Hotel GM Steps Down to Focus on New Development

80,000-SF Burnhaven Mall Sold to Partnership

79-Store Skipper's Navigating Rough Seas

Multifamily: One Owner Gets $25-Mil Loan, Another Buys in El Paso

Vacancy Levels Rise in OC Office Market

Albertson's: Maybe Not Your Store Anymore

NTC Project Gets Go-Ahead from Council

English Village Construction Continues

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