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Angelou's Revised Forecast Due July 25

remstaff &Globe Street | June 14, 2001

AUSTIN-Angelos Angelou has very seldom been forced to take another look at the Austin economy beyond his annual January forecast. This year is one of those times. The well-known economist's revised forecast comes July 25.

Lawsuit Hopes to Stop Expansion at Irvine Spectrum

remstaff &Globe Street | June 14, 2001

ORANGE COUNTY, CA-An environmental group says Irvine's City Council failed to properly evaluate impact of Irvine Co.'s plan to build 10.2 million sf of office and biotech space on land previously zoned for agricultural and industrial use.

2-Mil-SF Industrial Package Closes in Indy

remstaff &Globe Street | June 14, 2001

INDIANAPOLIS-A nine-building industrial portfolio here, primarily in the premier Park 100 Industrial Park, is sold to Times Square Real Estate Investors. The seller, a REIT, had been seeking $74.4 million.

Chandler Retail Site Brings $1.22 Mil

remstaff &Globe Street | June 14, 2001

CHANDLER, AZ-A single-tenant retail building has commanded $244 per sf in a $1.22-million sale between a California investment trust and developer. The 5,000-sf store at 1072 W. Chandler Blvd. is leased to 3 Day Blinds.

Yet Another Turn for Pacific Steps

remstaff &Globe Street | June 14, 2001

TACOMA, WA-With dramatic changes in the real estate market since the dot-com bomb began flooding the office market, Opus Northwest has shifted its focus for Phase I of its proposed Pacific Steps project to hospitality and retail.

Yale Properties Beefs Up Team

remstaff &Globe Street | June 14, 2001

FORT LAUDERDALE, FL-The developer of the estimated $40 million, 126-unit, 23-story L'Ambiance Beach condominium project signs seasoned condo developers Howard Wolofsky, Sam Richter and Robert Burstein to complete the under-construction venture at 4240 Galt Ocean Drive.

Terrabrook Tackling Mixed-Use Project

remstaff &Globe Street | June 14, 2001

PFLUGERVILLE, TX-Terrabrook has kicked off the first phase to a master-planned, mixed-use community. Neighborhood retail mixed in with single-family dwellings will come out of the ground on the 700-acre project.

Investor Gobbles Up Taco Bueno Restaurants

remstaff &Globe Street | June 14, 2001

ANAHEIM, CA-The fast food chain, which consists of 125 restaurants, has been sold by locally based CKE Restaurants Inc. for more than $72 million. CKE has slowly been shedding its assets since November 1999, in order to raise cash to pay off its debts.

Developer Hopes to Lure Seattle Tenants North

remstaff &Globe Street | June 14, 2001

LYNNWOOD, WA-Playing off the high rents and traffic woes of Puget Sound's central business districts of Seattle and Bellevue, Cosmos International expects to pull tenants to its newest Class A project now under construction.

Crescent Complex Among the Few High and Dry

remstaff &Globe Street | June 14, 2001

HOUSTON-Crescent Real Estate Equities says its western CBD location has prevented its Houston Center complex from sustaining any flooding during Tropical Storm Allison. Power had been lost briefly, but all had been back to normal by Monday, say officials.

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Angelou's Revised Forecast Due July 25

Lawsuit Hopes to Stop Expansion at Irvine Spectrum

2-Mil-SF Industrial Package Closes in Indy

Chandler Retail Site Brings $1.22 Mil

Yet Another Turn for Pacific Steps

Yale Properties Beefs Up Team

Terrabrook Tackling Mixed-Use Project

Investor Gobbles Up Taco Bueno Restaurants

Developer Hopes to Lure Seattle Tenants North

Crescent Complex Among the Few High and Dry

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