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Office Absorption Rate Negative for First Time

remstaff &Globe Street | May 07, 2001

BOSTON-Torto Wheaton Research reports that the office absorption rate is negative for the first quarter of this year. Economists there insist that this does not mean the market is in serious trouble, however.

Two 100% Leased Office Buildings Sell for $10 Mil

remstaff &Globe Street | May 07, 2001

WEST ORANGE, NJ-The two 100% leased properties, totaling some 100,000 sf, were moved by Newmark Associates brokers as part of a 1031 tax-free exchange. Neither building had been formally listed for sale.

G&W Does 150,000 SF in Leasing Activity

remstaff &Globe Street | May 07, 2001

ROSELAND, NJ-The Florham Park, NJ-based owner/developer's recent transactions show that the market is alive and well with companies desperately seeking space. It recently signed leases for almost 14% of its total 1.1 million sf.

IHOP Stacks Up Expansion

remstaff &Globe Street | May 07, 2001

ORANGE COUNTY, CA-International House of Pancakes signs 25-year lease valued at estimated $3 million to open new restaurant at Anaheim Town Square. The current building, previously occupied by Jolly Rogers, will be torn down and a new restaurant built in its place.

Developer Laying Out 800,000-SF Office-Retail Project, Hotel

remstaff &Globe Street | May 07, 2001

AUSTIN-Durhman & Bassett is planning ahead, eyeing 800,000 sf of office and retail plus a hotel on land abutting its 300,000-sf Center Park at Tech Ridge. At today's pace, full build-out could be done in seven years.

Downtown's Nice, But Suburbs Have It All

remstaff &Globe Street | May 07, 2001

DALLAS-Texas employers are taking into account where the bulk of their workers reside when it comes to office decisions. With that comes a push for the suburbs, forsaking the glitz and glamour of the Downtowns for shorter commutes and plentiful retail.

Prism Buys Neighbourhood Portfolio

remstaff &Globe Street | May 07, 2001

LONDON - Prism Estates has bought a portfolio of 16 neighbourhood shopping centres from the Rowlandson Organisation

Genesis Corporate Center Two-Thirds Taken

remstaff &Globe Street | May 07, 2001

CARLSBAD, CA-With construction almost complete after seven months of work, six of the nine buildings that comprise the 102,000-sf development have been tied up, according to Colliers International, which is leasing the space on behalf of developer Pacific Carlsbad Partners.

Power Plants Coming Out of Mothballs

remstaff &Globe Street | May 07, 2001

PHOENIX-Arizona power companies are bringing plants on line in a dual-pronged move to ensure residents of a full supply and sell power to neighboring states. Nine plants will be up and running in the next few weeks.

New Miami River Development Niche Opening

remstaff &Globe Street | May 07, 2001

MIAMI-Nearly $400 million in commercial developments are either planned or proposed along a 5.5-mile stretch of the river in anticipation of an $80-million plan to readjust the depth of the main channel and abate environmental contamination.

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Office Absorption Rate Negative for First Time

Two 100% Leased Office Buildings Sell for $10 Mil

G&W Does 150,000 SF in Leasing Activity

IHOP Stacks Up Expansion

Developer Laying Out 800,000-SF Office-Retail Project, Hotel

Downtown's Nice, But Suburbs Have It All

Prism Buys Neighbourhood Portfolio

Genesis Corporate Center Two-Thirds Taken

Power Plants Coming Out of Mothballs

New Miami River Development Niche Opening

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