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Traffic in Issaquah Builds, Threatening Appeal of Quality of Life

remstaff &Globe Street | May 31, 2001

ISSAQUAH, WA-Following several years of rampant growth, this city is choking on traffic congestion. The city council has admitted the area is fighting a losing battle, and any prospects of relief appear distant.

$2.5 Mil Buys 35,420-SF R&D Building

remstaff &Globe Street | May 31, 2001

SANTA ANA, CA-A Santa Ana industrial facility has been acquired for $2.5 million by the owner of a computer-peripherals company that is housed in the building.

TrizecHahn Buys Office Buildings for $180 Mil

remstaff &Globe Street | May 31, 2001

ARLINGTON, VA-TrizecHahn Corp. has acquired three office properties, including 2 Ballston Plaza here, as well as one in Chicago and one in Washington, DC. The three buildings total 818,000 sf.

Growing RC Aluminum Leases 60,000 SF

remstaff &Globe Street | May 31, 2001

MIAMI-The locally based manufacturer of curtain walls, sliding glass doors and windows expands its operations in the Miami-Dade County airport/west submarket. The estimated value of the five-year lease is $1.8 million or about $6 per sf.

NY State Selects Three Sites for New Cleanup Initiative

remstaff &Globe Street | May 31, 2001

ALBANY-A new program will restore unoccupied or under-utilized parcels contaminated with industrial waste so they can be used as sites for business/commerce parks or industrial/distribution facilities. To qualify, properties must have a skilled workforce located nearby as well as access to transportation.

MetLife Will Retain Manhattan HQ, Expands to LIC

remstaff &Globe Street | May 31, 2001

NEW YORK CITY-MetLife and city officials announced the company will keep 270,000 sf of the 1.4 million sf headquarters it established on Madison Avenue in 1909, but will also take 404,000 sf in Long Island City.

Signature CEO Appointed as EMU Regent

remstaff &Globe Street | May 31, 2001

SOUTHFIELD, MI- Steven G. Gordon joins fellow real estate professional Robert DeMattia, president and chief executive officer of his own commercial and industrial development company, in overseeing his alma mater.