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Buca to Open 18 Restaurants Next Year

remstaff &Globe Street | June 25, 2001

MINNEAPOLIS-The restaurant chain recently landed a $20-million to $25-million credit

Kroger Buying 15 Harris Teeter Stores Here

remstaff &Globe Street | June 25, 2001

ATLANTA-Ruddick Corp., the Charlotte-based parent of the grocery chain, is also selling 12 other unprofitable locations in South Carolina. A buyer for those properties and the selling prices haven't been announced. Total square footage involved: 1.62 million.

BIG PICTURE: Cinema Conversions Easier in Southwest than Orlando

remstaff &Globe Street | June 25, 2001

ORLANDO-Although the Dallas-Fort Worth-Houston market has only experienced a half dozen movie house closings in the past 18 months, entrepreneurs in that area are recycling the structures into dinner theaters, furniture outlets and bookstores.

MeriStar Extends Consent Solicitation

remstaff &Globe Street | June 25, 2001

WASHINGTON, DC-Meristar Hospitality Corp. has extended its solicitation of consents from holders of its some of its senior notes, following the closure of its merger with FelCor Lodging Trust.

Two Multifamily Complexes Fetch $1.7 Mil

remstaff &Globe Street | June 25, 2001

NEWPORT BEACH, CA-Morgan Skenderian Investment Real Estate Group's Newport Beach office has brokered the sale of the two multifamily complexes in Whittier containing a combined 30 units. The sellers were Oregon-based investors.

Everyone's Looked, None Found Solid Cinema Solution

remstaff &Globe Street | June 25, 2001

NEW YORK CITY-Brad Mendelson, executive managing director at Insignia/ESG, tells GlobeSt.com there are a number of obstacles to successfully transforming vacant movie theater properties into other retail-use spaces.

Lubert-Adler RE Fund III Raises $850 Mil

remstaff &Globe Street | June 25, 2001

NEW YORK CITY-The fund will invest in undervalued properties in metropolitan areas and then redevelop them. It expects to leverage its funding into $3 billion worth of real estate.

Ashtenne Launches Industrial Fund

remstaff &Globe Street | June 25, 2001

LONDON-Ashtenne Holdings is to launch a specialist industrial fund backed by Morley Fund Management.

Fairfield Residential Making Back-to-Back Land Buys

remstaff &Globe Street | June 25, 2001

EULESS, TX-Fairfield Residential has spent about $1.7 million for 14.7 acres in the Villages of Bear Creek and is nearing the closing date for a 10-acre buy. With two of the three remaining tracts in hand, Fairfield is talking about picking up the balance.

TESA, Philips Team on Hospitality Security

remstaff &Globe Street | June 25, 2001

ATLANTA-The world's largest supplier of electronic locking systems and one of the world's largest suppliers of closed-circuit television products and systems will be jointly producing custom-built surveillance systems for the hotel industry.

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Buca to Open 18 Restaurants Next Year

Kroger Buying 15 Harris Teeter Stores Here

BIG PICTURE: Cinema Conversions Easier in Southwest than Orlando

MeriStar Extends Consent Solicitation

Two Multifamily Complexes Fetch $1.7 Mil

Everyone's Looked, None Found Solid Cinema Solution

Lubert-Adler RE Fund III Raises $850 Mil

Ashtenne Launches Industrial Fund

Fairfield Residential Making Back-to-Back Land Buys

TESA, Philips Team on Hospitality Security

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