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Mixed-Use Project to Rise in Pasadena

remstaff &Globe Street | May 11, 2001

PASADENA, CA-A locally based joint venture partnership has acquired two parcels in Pasadena, in a deal valued at $2.1 million. The partnership plans to build a mixed-use complex on the properties.

Grain Belt Brewery Sold, $19-Mil Rehab Ahead

remstaff &Globe Street | May 11, 2001

MINNEAPOLIS-RSP Architects Ltd. will be the single tenant of the historic Brewhouse at 1220 Marshall Street N.E., part of a 100,000-sf facility in the Sheridan neighborhood that it will redesign.

Companies Get $7 Mil from Revenue Bonds

remstaff &Globe Street | May 11, 2001

DETROIT-The MEDC announces it has given a $7 million in tax-exempt bonds to EQ The Environmental Quality Company, Wayne Disposal and Ea Resource Recovery for projects in Belleville, MI and suburban Romulus.

ULI Predicts Industry Slowdown to Last Until Mid 2002

remstaff &Globe Street | May 10, 2001

WASHINGTON, DC-The Urban Land Institute says while industry will go through a slowdown through mid-2002, real estate will be a defensive investment. Survey participants named Washington, DC the best for investment and Atlanta the worst.

Warehouse District Suffers Dot-com Woes

remstaff &Globe Street | May 10, 2001

MINNEAPOLIS-One property owner learns a 50,000-sf lesson in the loss of two tenants. From now on, his requirements will be much stricter, including financial statements and investors who sign personally for the lease.

MedImmune To Get New $70-Mil HQ

remstaff &Globe Street | May 10, 2001

GAITHERSBURG, MD-Scheer Partners' Biotech Services Group helped the biotech firm find the 25-acre site. The 210,000-sf facility was designed by HOK and will be constructed by Quadrangle Development Corp.

Broadband Provider Signs for 32,800 SF

remstaff &Globe Street | May 10, 2001

MIDDLETOWN, NJ-Jedai Broadband is subleasing the space from Globespan, which is moving its operations into a new 200,000-sf build-to-suit facility a few miles up the Garden State Parkway.

Downtown Seeks Chicago's Retail Image

remstaff &Globe Street | May 10, 2001

ATLANTA-The Midtown Alliance is working to produce higher customer retail perception on Peachtree Street developments but brokers tell GlobeSt.com the transformation could take at least five years.

FFO, Profit Down at Correctional Properties

remstaff &Globe Street | May 10, 2001

PALM BEACH GARDENS, FL-The locally based real estate investment trust records a slight increase, though, in quarterly revenue. Palm Beach Gardens is 73 miles north of Miami.

World Trade Center Tacoma Seeking New Home

remstaff &Globe Street | May 10, 2001

TACOMA, WA-An area between the downtown Sheraton Hotel and the Foss Waterway is rumored to be the most realistic option for the center's new executive director to realize his goal of having a new facility built.

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Mixed-Use Project to Rise in Pasadena

Grain Belt Brewery Sold, $19-Mil Rehab Ahead

Companies Get $7 Mil from Revenue Bonds

ULI Predicts Industry Slowdown to Last Until Mid 2002

Warehouse District Suffers Dot-com Woes

MedImmune To Get New $70-Mil HQ

Broadband Provider Signs for 32,800 SF

Downtown Seeks Chicago's Retail Image

FFO, Profit Down at Correctional Properties

World Trade Center Tacoma Seeking New Home

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