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Agents Challenge Chesterton Announcement

remstaff &Globe Street | June 25, 2001

LONDON-The recent announcement by quoted estate agency Chesterton of a downturn in the residential property market has been met with astonishment by one of the country's top property agents.

Innovo Sells Retail Site for $1.17 Mil

remstaff &Globe Street | June 25, 2001

LAKE WORTH, FL-The Knoxville, TN-based holding company sells a 32,000-sf neighborhood shopping center for about $36.72 a sf to D&D Co. Lake Worth is 59 miles north of Miami.

Grosse Point Closes $29 Mil Deal

remstaff &Globe Street | June 25, 2001

CAPE CORAL, FL-The Fort Myers, FL-based development company pays Allete Properties $193,333 an acre for a 150-acre site in this city 126 miles west of Miami.

Concessions, Rent and Vacancy Rate Rise

remstaff &Globe Street | June 25, 2001

AUSTIN-Hendricks & Partners latest multifamily report is reflecting increases in rent and vacancy as concessions are now firmly planted in 42% of the class-A market. Meanwhile, more units are being delivered despite a dip in demand in most Austin-area markets.

Mack Plotting $38-Mil Spec Industrial Project

remstaff &Globe Street | June 25, 2001

PHOENIX-The Mack Co. is fine-tuning a $38-million plan for a 450,000-sf spec industrial project in the city's northern tier. The firm has placed 10 acres under contract for a total of 40 that are in the project area. Work starts in September.

Scottsdale Office Project Nearly at Lease-Up

remstaff &Globe Street | June 25, 2001

SCOTTSDALE-The 140,000-sf Gainey Center II is 70% filled, signing four new tenants to the Westcor project. The largest space taker is eFunds Corp., which is taking 47,000 sf for its corporate headquarters.

Phoenix Study Says Economy's Mixed Bag

remstaff &Globe Street | June 25, 2001

PHOENIX-In the latest economic study, commercial construction awards are nearly a third higher, $4 billion, in comparison to the booming early 1980s. That's the good news. Some economic indicators are falling short of projections, however.

Bank Renovation Project is Completed

remstaff &Globe Street | June 25, 2001

SAN DIEGO - A locally based contractor has completed 18,274 sf of renovated office space for the downtown executive headquarters of San Diego National Bank.

USOL's Interim CEO Readies Consolidation Plan

remstaff &Globe Street | June 25, 2001

AUSTIN-Rob Solomon has stepped down as USOL Holdings' CEO. Solomon will remain as board chairman while Jim Livingston takes over the post on an interim basis in a consolidation move. USOL Holdings is a multifamily high-tech provider.

GlobeSt.com SPECIAL: Chase's Gubner Says Owner/Tenant Field Is Even

remstaff &Globe Street | June 25, 2001

STAMFORD, CT-Cory Gubner, president of Chase Commercial/TCN Worldwide, says the Westchester-Fairfield market has changed recently but disagrees with some of his colleagues and thinks the market is still relatively strong.

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Agents Challenge Chesterton Announcement

Innovo Sells Retail Site for $1.17 Mil

Grosse Point Closes $29 Mil Deal

Concessions, Rent and Vacancy Rate Rise

Mack Plotting $38-Mil Spec Industrial Project

Scottsdale Office Project Nearly at Lease-Up

Phoenix Study Says Economy's Mixed Bag

Bank Renovation Project is Completed

USOL's Interim CEO Readies Consolidation Plan

GlobeSt.com SPECIAL: Chase's Gubner Says Owner/Tenant Field Is Even

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