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Quadrant Focusing on Smaller Properties

remstaff &Globe Street | June 06, 2001

BELLEVUE, WA-Ben Conwell, a 14-year veteran of the Weyerhaeuser subsidiary, is the new head of acquisitions that will target properties in the 30,000-120,000 sf range. Most of the properties will be mixed-use developments in established neighborhoods.

Apartment-area Building Permits Continue Skid

remstaff &Globe Street | June 06, 2001

DENVER-The Home Builders Association of Metropolitan Denver releases statistics showing a 49% drop in building permits in the first quarter and Grubb & Ellis top apartment broker Jeff Hawks sees further declines.

East Coast to West Coast Pacts Snag $54 Mil in Financing

remstaff &Globe Street | June 06, 2001

HOUSTON-In four transactions, Houston-based L.J. Melody & Co. has structured $54 million in financing for office buildings from the East Coast to the West Coast. The largest package, $17 million, goes to the Churchill Hotel in Washington, DC.

MortgageRamp Buys Salt Lake City's FASRE

remstaff &Globe Street | June 06, 2001

CHARLOTTE, NC-The online full-service commercial real estate loan services provider is adding the 10-year-old, Utah-based, 45-worker property inspection company to its roster of realty experts. The value of the acquisition wasn't disclosed.

Cushman Realty Exec Elected Chairman of International Council

remstaff &Globe Street | June 06, 2001

WALNUT CREEK, CA-Roger Gage, a Senior Vice President with Cushman Realty Corp., has been elected Associate Chairman of the International Development Research Council, the world's leading professional association for corporate real estate executives, service providers and economic developers.

Port Clears Way for Hyatt Expansion

remstaff &Globe Street | June 06, 2001

SAN DIEGO-Manchester Resorts plans to break ground by the end of the month on a $140 million expansion of the Hyatt Regency Hotel near the downtown Convention Center.

Slough Steps Up European Expansion

remstaff &Globe Street | June 06, 2001

LONDON-Industrial property specialist Slough Estates has stepped up its European expansion programme with three new warehousing projects totaling over 1.3 million sf in France, Belgium and Germany.<

GlobeSt.com UPDATE: Long-Awaited Transit Hub Breaking Ground in 2002

remstaff &Globe Street | June 06, 2001

ORLANDO-Lynx, the area's transportation system, plans a $29.2 million, 228,000-sf Downtown bus-taxi-shuttle terminal on six acres near the $200 million, 25-story Orange County Courthouse complex.

QUICK SURVEY: Power Woes Will Grow to National Proportions

remstaff &Globe Street | June 06, 2001

NEW YORK CITY-Rolling blackouts may be rolling your way, if the majority of respondents to GlobeSt.com's most recent Quick Survey are correct. Most believe that the problem will grow to national proportions before getting better.

New York REIT Purchases Two Apartment Communities

remstaff &Globe Street | June 06, 2001

ALEXANDRIA, VA-Home Properties has acquired 344-unit Virginia Village here and 384-unit Sandalwood Apartments in Owings Mills, MD for a total of $44.6 million. The REIT plans to spend $6.1 million in renovations.

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Quadrant Focusing on Smaller Properties

Apartment-area Building Permits Continue Skid

East Coast to West Coast Pacts Snag $54 Mil in Financing

MortgageRamp Buys Salt Lake City's FASRE

Cushman Realty Exec Elected Chairman of International Council

Port Clears Way for Hyatt Expansion

Slough Steps Up European Expansion

GlobeSt.com UPDATE: Long-Awaited Transit Hub Breaking Ground in 2002

QUICK SURVEY: Power Woes Will Grow to National Proportions

New York REIT Purchases Two Apartment Communities

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