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Laguna Beach Hikes Hotel Bed Tax

remstaff &Globe Street | June 03, 2001

LAGUNA BEACH-A measure raising the bed tax at all 26 Laguna Beach hotels has been approved. The ordinance, which will go into effect on July 1, will raise the bed tax from 10% to 12%.

Crestline Capital Sells 10 Hotels to Apple Hospitality

remstaff &Globe Street | June 03, 2001

BETHESDA, MD-In a deal that's expected to close during the third quarter, the 10 Residence Inns will sell for $119 million, which includes $54 million in debt.

Harvard University Closes on Arsenal Deal

remstaff &Globe Street | June 03, 2001

WATERTOWN, MA-Harvard University closes on its deal to purchase the historic 30-acre Arsenal here. The purchase has faced mounting opposition from town officials because of the tax-exempt status of the university.

$10-Mil School Project Finishing Up

remstaff | June 03, 2001

CHULA VISTA, CA-The Booming Otay Ranch area is getting another educational facility as district officials prepare to break the seal on the 60,000-sf Heritage Elementary School. The school includes nine single-story buildings and is slated for completion this month.

One Land Buy Down, More to Come for $175-Mil Arena Project

remstaff &Globe Street | June 03, 2001

HOUSTON-The Harris County Houston Sports Authority is staking claim to land that's needed for the proposed $175-million basketball arena. Brokers have started the land drive, closing one deal and pushing for more to accommodate parking needs.

World's First Green Residential Tower Breaks Ground

remstaff &Globe Street | June 03, 2001

NEW YORK CITY-Chairman James F. Gill of the Battery Park City Authority told the crowd at the site of 20 River Terrace that they were witnessing history as the first green residential tower in the world was to break ground.

Long Term Looks Good, Say Eastside Office Experts

remstaff &Globe Street | June 03, 2001

BELLEVUE, WA-Although the Eastside office market here has taken a beating, Bob Farra of Colliers International and Jeff Scanlan of CB Richard Ellis' Bellevue are seeing pain-free pastures further out on the horizon.

MMI Leases 40,000 SF at Eagle Rock IV

remstaff &Globe Street | June 03, 2001

EAST HANOVER, NJ-Market research firm is expanding and moving its corporate headquarters from a nearby location to Lincoln Equities' 187,000-sf class A building. The new tenant is a member of the United Information Group Healthcare.

$160-Mil Project Moves Closer to Reality

remstaff &Globe Street | June 03, 2001

LOS ANGELES-The proposed 1.2-million-sf mixed-use development in North Hollywood is moving closer to reality, as the project's developer has secured entitlements and is in final negotiations with the Community Redevelopment Agency.

Roche's Job Cuts in NJ Will Total 300

remstaff &Globe Street | June 03, 2001

NUTLEY, NJ-Fewer than expected, the staff reduction is nonetheless the first chink in the Garden State's pharmaceutical armor. Could Novartis be a possible suitor for the company?

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Laguna Beach Hikes Hotel Bed Tax

Crestline Capital Sells 10 Hotels to Apple Hospitality

Harvard University Closes on Arsenal Deal

$10-Mil School Project Finishing Up

One Land Buy Down, More to Come for $175-Mil Arena Project

World's First Green Residential Tower Breaks Ground

Long Term Looks Good, Say Eastside Office Experts

MMI Leases 40,000 SF at Eagle Rock IV

$160-Mil Project Moves Closer to Reality

Roche's Job Cuts in NJ Will Total 300

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