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NurLogic Design Inks $2.8-Mil Lease Deal

remstaff &Globe Street | May 25, 2001

SAN DIEGO-Another technology firm has landed in Sorrento Mesa's hot office market, leasing 35,290 sf in the Sorrento Heights Corporate Center, a 65,982-sf, two-story corporate office building owned by Naoto Ohtsuki.

New MetroWest Owner Getting Top Dirt Price

remstaff &Globe Street | May 25, 2001

ORLANDO-SouthStar Development Partners Inc. of Miami is selling five-acre to 10-acre parcels at the 21-year-old, 1,800-acre mixed use park next to Universal Orlando for $6 per sf to $10 per sf. SouthStar bought MetroWest last October from Debra Inc. of Saudi Arabia for $60 million or $115,384 per acre ($2.64 per sf).

Converted Hangars Finding Tenants

remstaff &Globe Street | May 25, 2001

NOVATO, CA-Among the first tenants in Hangar Three at the reconverted site of the old Hamilton Air Force base here will be Golden Gate Insurance Brokers. The company inked a five-year lease for 8,386 sf feet at what is now called Hamilton Landing.

Benetton Takes Oxford Street Site

remstaff &Globe Street | May 25, 2001

LONDON-Italian fashion manufacturer and retailer Benetton has found a new central London flagship store at 415/419 Oxford Street immediately opposite Selfridges department store.

Resort's $30-Mil Makeover Nears Completion

remstaff &Globe Street | May 25, 2001

LAKE GENEVA, WI-The former Playboy Club Resort in this resort town more than an hour's drive from Chicago is in the midst of its latest reincarnation, becoming Timber Ridge Lodge & Waterpark at Grand Geneva Resort and Spa.

Dade Paper Buys 12-Acre Site for New HQ

remstaff &Globe Street | May 25, 2001

MIAMI-The locally based manufacturer pays an estimated $6 per sf to build a 232,000-sf high-tech production plant in the 106-acre Beacon Station industrial park in the northwest Miami-Dade submarket of Medley.

Northern Lights Casino Opens in Walker

remstaff &Globe Street | May 25, 2001

WALKER, MN-The Leech Lake tribe will start building hotel and convention center this fall at one of state's five largest casinos. Work is expected to be completed by the spring of 2002.

Coca-Cola Close to Capping 11-Acre Park Deal

remstaff &Globe Street | May 25, 2001

ATLANTA-The soft drink company is buying the parcel at the 45-acre Northyards Business Park for an estimated $4 million or $353,982 per acre ($8.13 per sf), brokerage sources intimate with the transaction tell GlobeSt.com. The deal is expected to close no later than year end.

Lawmakers Fail to Pass Growth Legislation

remstaff &Globe Street | May 25, 2001

DENVER-A stalemate between the Republican-controlled house and the Democratic-run Senate during a special legislative session paves the way for other growth initiatives on the ballot this November.

GE Capital, Goldman Sachs Offer $7-Bil Liferaft to Finova

remstaff | May 25, 2001

SCOTTSDALE, AZ-GE Capital and Goldman Sachs have agreed to provide about $7 billion of liquidity for the Scottsdale-based Finova Group, pending the outcome of due diligence. The construction lender has been in Chapter 11 bankruptcy since March.

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NurLogic Design Inks $2.8-Mil Lease Deal

New MetroWest Owner Getting Top Dirt Price

Converted Hangars Finding Tenants

Benetton Takes Oxford Street Site

Resort's $30-Mil Makeover Nears Completion

Dade Paper Buys 12-Acre Site for New HQ

Northern Lights Casino Opens in Walker

Coca-Cola Close to Capping 11-Acre Park Deal

Lawmakers Fail to Pass Growth Legislation

GE Capital, Goldman Sachs Offer $7-Bil Liferaft to Finova

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