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Criterion Shrugs Off Glaser Sacking

remstaff &Globe Street | April 30, 2001

LONDON - Criterion Properties, the UK-quoted property company bought out by the Nordstrom family last year, is close to completing its ambition to create a pan-European property portfolio. And it does not expect to face a loss following its dismissal of Managing Director Aubrey Glaser in April 2000.

Building Material Company Signs Lease to Expand

remstaff &Globe Street | April 30, 2001

ORANGE COUNTY, CA-Precision Waterject takes additional 17,160 sf of industrial space in City of Orange.

Former AT&T Center Searches for Anchor Tenant

remstaff &Globe Street | April 30, 2001

LOS ANGELES-The owner, Chetrit Group LLC, hires Grubb & Ellis to find a replacement for the departed telecommunications giant. The Downtown office tower has been renamed 611 Place.

First Industrial Sees Strength, Stability

remstaff &Globe Street | April 30, 2001

CHICAGO-Industrial property is becoming the preferred asset for a few classes of investors, which doesn't hurt the nation's largest provider of diversified industrial real estate. The REIT's funds from operations increased by 11.4% in the first quarter.

CB Richard Ellis Selling Top Disney Area Tract

remstaff &Globe Street | April 30, 2001

ORLANDO-Jean Pierre Cuenant, a Paris-educated lawyer and president of JPC Development Corp. in suburban Winter Park, FL, is selling his 270-acre Marbella site in pre-zoned parcels for immediate commercial development. Former Treasury Secretary Donald T. Regan once owned the land one mile from Walt Disney World.

HealthOne Breaks Ground on Posh Hospital

remstaff &Globe Street | April 30, 2001

DENVER-A hospital stay has never been so nice, with HealthOne Alliance's design that calls for fireplaces, healing garden and outdoor dining patio. Nearly all 106 beds will be private. A 130,000-sf medical office building also is in the works for the 42.5 acres.

Gateway Opts Out of La Jolla for Lower Rent Area

remstaff &Globe Street | April 30, 2001

SAN DIEGO-Another major manufacturing tenant has left the county's coastal market for less expensive digs in the Poway area.

Investment Firm Signs 80,000-SF Sublease Deal

remstaff &Globe Street | April 30, 2001

GREENWICH, CT-Wit SoundView Group has signed a sublease transaction and will relocate its Connecticut offices to approximately 80,000 sf of space at the former Fortune Brands headquarters complex at 1700 East Putnam Ave.

Registry of Motor Vehicles Looking for New Space

remstaff &Globe Street | April 30, 2001

BOSTON-The Registry of Motor Vehicles looks for a new place to call home as its five-year lease at Copley Square here comes to an end this July. The prospect of a tenant looking for a 120,000-sf space is reportedly exciting the local commercial market.

Construction Begins on 88-Unit Development

remstaff &Globe Street | April 30, 2001

AUSTIN, MN-A need for affordable housing spurs a number of backers to provide $6.5 million for the multifamily deal, including Minnesota Housing Finance Agency, Hormel Foundation and Greater Minnesota Housing Fund.

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Criterion Shrugs Off Glaser Sacking

Building Material Company Signs Lease to Expand

Former AT&T Center Searches for Anchor Tenant

First Industrial Sees Strength, Stability

CB Richard Ellis Selling Top Disney Area Tract

HealthOne Breaks Ground on Posh Hospital

Gateway Opts Out of La Jolla for Lower Rent Area

Investment Firm Signs 80,000-SF Sublease Deal

Registry of Motor Vehicles Looking for New Space

Construction Begins on 88-Unit Development

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