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Anaheim Industrial Facilities Trade

remstaff &Globe Street | July 18, 2001

ANAHEIM, CA-Private investors have purchased two industrial buildings total 22,407 sf for $1.7 million. The transaction is the latest in a string of industrial deals to occur in Orange County.

Emily Morgan Hotel Dressing Up with $4-Mil Facelift

remstaff &Globe Street | July 18, 2001

SAN ANTONIO-The Emily Morgan Hotel in the city's CBD is getting the works in a $4-million dress up of its 177 rooms. The project, which wraps up in January 2002, will boost room rates from a range of $79 to $150 to $149 to $289.

Hotel GM Steps Down to Focus on New Development

remstaff | 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.

London Office Vacancies Begin to Rise

remstaff &Globe Street | July 18, 2001

LONDON-In another sign that the economic downturn is affecting the property market, new research from CB Hillier Parker shows that central London office availability rose by 16% in three months.

Regency Unloads Retail Center for $16.5 Mil

remstaff &Globe Street | July 18, 2001

SACRAMENTO, CA-The national owner, operator and developer of grocery-anchored shopping centers, recently closed on the sale of the 136,000-sf Promenade shopping center located at the intersection of Rush River and Windbridge Drive.

California Investors Stamp $2.6-Mil Office Buy

remstaff &Globe Street | July 18, 2001

SCOTTSDALE, AZ-A California investment team has closed on a $2.6-million purchase of a two-building office property in the city's northern tier. The Scottsdale-based sellers have realized $159.50 per sf in the sale.

Hynix Idles Southern Oregon Chip Plant

remstaff &Globe Street | July 18, 2001

EUGENE, OR-The six-month shutdown, affecting some 600 workers, comes one week after the company requests a property tax waiver for $156 million worth of improvements to the plant, and one month after it was denied a similar tax break.

Florida Rock Buying US Aggregates in $150-Mil Deal

remstaff &Globe Street | July 18, 2001

JACKSONVILLE, FL-The cash-debt acquisition will give the Jacksonville, FL-based producer of concrete-building materials new markets in Alabama, Tennessee, Mississippi and the Gulf Coast. Jacksonville is 230 miles north of metro Orlando where Florida Rock operates a Central Florida division.

Insignia/ESG Searching for New NW Director

remstaff &Globe Street | July 18, 2001

PORTLAND-Sonna Durdel, the company's current Northwest executive director, is taking a one-year sabbatical beginning this September. Meantime, she is creating a short list of local candidates to take over her job.

Hotels Beat All Other Property Sectors

remstaff &Globe Street | July 18, 2001

LONDON-UK hotels have outperformed the FTSE-100 stock index as well as all other commercial property sectors over the past 20 years, according to new research from Andersen.

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Anaheim Industrial Facilities Trade

Emily Morgan Hotel Dressing Up with $4-Mil Facelift

Hotel GM Steps Down to Focus on New Development

London Office Vacancies Begin to Rise

Regency Unloads Retail Center for $16.5 Mil

California Investors Stamp $2.6-Mil Office Buy

Hynix Idles Southern Oregon Chip Plant

Florida Rock Buying US Aggregates in $150-Mil Deal

Insignia/ESG Searching for New NW Director

Hotels Beat All Other Property Sectors

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