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WP Buys 93,000-SF Vacant Office Building

remstaff &Globe Street | June 18, 2001

ROCKAWAY, NJ-The three-story 80 West Corporate Center, currently vacant, will be substantially renovated by the new owners and put back on the market as a class A office property.

C&W Names Peden Associate Director

remstaff &Globe Street | June 18, 2001

HOUSTON-Jeff Peden is stepping in as new associate director of Cushman & Wakefield of Texas' industrial division in Houston. He will be working with Todd Mason and David Cook. Peden has been with C&W for three years.

Diabetex Renews San Antonio CBD Space

remstaff &Globe Street | June 18, 2001

SAN ANTONIO-Diabetex has signed an 11,136-sf renewal for Cypress Tower, a class-A, 155,728-sf structure in the CBD. This marks the second signing in two weeks for the office tower by leasing agent Transwestern Commercial Services.

Wells Fargo Buys Michigan Companies

remstaff &Globe Street | June 18, 2001

BIRMINGHAM, MI-Bloomfield Acceptance Company, L.L.C. and Bloomfield Servicing Co., L.L.C. are bought from Bingham Financial Services Corp. Employees are encouraged by the position of the new owners.

Continuum Breaks Ground on $250-Mil Project

remstaff &Globe Street | June 18, 2001

WESTMINSTER, CO-The $250-million Bradburn development in this northwest suburb of Denver will include 300,000 sf of office and retail, 370 multifamily rental units and 3,750 homes priced up to $1 million.

Guanajuato Sets Up at Mexico Trade Center

remstaff &Globe Street | June 18, 2001

SANTA ANA, CA-The Mexican state is the most recent occupant of the international business center. Ten Mexican states already occupy the center, which was opened by Mexican President Vicente Fox in March.

UK Property Sees Record Investment

remstaff &Globe Street | June 18, 2001

LONDON-Net investment in UK commercial property reached a record high in 2000 according to the latest 'Money into Property' report from DTZ Research. Institutions, overseas investors and debt-driven investment played major roles.

MasTec Stock Falls $3.09

remstaff &Globe Street | June 18, 2001

MIAMI-The price drops 18.8% on heavy trading. MasTech is a locally based provider of communications and energy infrastructureservices.

Scanner Maker Moving from New York to Portland

remstaff &Globe Street | June 18, 2001

PORTLAND-Publicly traded PSC Inc. is moving its headquarters from Webster, NY to downtown Portland. A source with the company says the deal should be finalized in the next week, and specifics will be released at that time.

European American Buys Crescent Centre

remstaff &Globe Street | June 18, 2001

ATLANTA-Prentiss Properties Trust of Dallas sells the five-year-old, 12-story, 243,048-sf, 90%-leased property for an estimated $20 million or $82.29 per sf. Prentiss was asking $24 million or $98.75 per sf.

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WP Buys 93,000-SF Vacant Office Building

C&W Names Peden Associate Director

Diabetex Renews San Antonio CBD Space

Wells Fargo Buys Michigan Companies

Continuum Breaks Ground on $250-Mil Project

Guanajuato Sets Up at Mexico Trade Center

UK Property Sees Record Investment

MasTec Stock Falls $3.09

Scanner Maker Moving from New York to Portland

European American Buys Crescent Centre

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