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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.

Company Opens Another "Office" At the Airport

remstaff &Globe Street | July 12, 2001

BELLEVUE, WA-The locally based Laptop Lane has announced the opening of its newest business center at Seattle-Tacoma International Airport. The new Laptop Lane location in the North Satellite, between gates N8 and N9, is the ninth store the company has added this year.

$47-Mil Mixed-Use Project Under Review

remstaff &Globe Street | July 12, 2001

LIVONIA, MI-Phoenix Land Development of Farmington Hills is talking with a city council committee about the design of the development. The company already has been told to leave wetlands alone.

$2-Mil Land Sale Triggers Multifamily Project in Chandler

remstaff | July 12, 2001

CHANDLER, AZ-Fairfield Residential has started yet another apartment complex in the Valley. The 288-unit Cantera in Chandler is being positioned on 20 acres, recently bought for more than $2 million.

415,000 SF of Industrial Space Hits the Market

remstaff &Globe Street | July 12, 2001

CAMDEN, NJ-Cushman & Wakefield has the exclusive for four different properties located in South Jersey, ranging from 30,000 to 290,000 sf. The largest block is the former Campbell Soup warehouse.

Crown Estate Returns Increased Profit

remstaff &Globe Street | July 12, 2001

LONDON-The Crown Estate made an increased surplus in the year to 31 March 2001. Soaring property values and active management have continued to boost the amount the estate returns to the Government's coffers.

Report: Sublets Could Send Rents Downward

remstaff &Globe Street | July 12, 2001

PARSIPPANY, NJ-Although asking rents remain stable, sublet availability is reaching critical mass, causing some pressure on taking rents, according to a second quarter report about to be issued by GVA Williams-NJ.

MetLife Pays $67.2 Mil in El Segundo

remstaff &Globe Street | July 12, 2001

LOS ANGELES-The New York-based insurance giant acquires 239,086-sf Continental Grand Plaza II office complex. The deal marks one of the highest prices ever paid for a South Bay property.

CalPERS Invests in Assisted Living Facilities

remstaff &Globe Street | July 12, 2001

CARLSBAD, CA-The state's largest employee retirement fund has finished its first major investment in the senior housing industry--a portfolio of properties valued at about $115.5 million.

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Triple-Net Deals Popular Throughout Market

Another 5% Rent Hike Forecast for Single-Story Flex

Company Opens Another "Office" At the Airport

$47-Mil Mixed-Use Project Under Review

$2-Mil Land Sale Triggers Multifamily Project in Chandler

415,000 SF of Industrial Space Hits the Market

Crown Estate Returns Increased Profit

Report: Sublets Could Send Rents Downward

MetLife Pays $67.2 Mil in El Segundo

CalPERS Invests in Assisted Living Facilities

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