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Forward Claims Acquires Headquarters Site

remstaff &Globe Street | April 20, 2001

HOUSTON-Forward Claims Services has secured title to a 9,600-sf building positioned on 1.5 acres. The insurance claim service will use the property for its headquarters. In another deal, a Clear Lake tenant has expanded its lease.

SWH Funding Celebrates 10th Anniversary

remstaff &Globe Street | April 20, 2001

HACKENSACK, NJ-Formed to aid the recovery from real estate downturn of the 1980s, the firm provides high-yield mortgage loans when conventional financing is not an option for virtually all property types.

Talks Underway for Sale of Guy's Foods Assets

remstaff &Globe Street | April 20, 2001

LIBERTY, MO-The snack maker shut down its manufacturing plant in mid-February after losses of $6 million in 16 months. Talks are ongoing between St. Louis-based Crown Capital Corp. and lender LaSalle Bank of Chicago.

George H.W. Bush Speaks at Insignia/ESG Breakfast

remstaff &Globe Street | April 20, 2001

NEW YORK CITY-Insignia/ESG's First Quarter Market Report shows slight increases in asking rent and shifting either way in terms of availability. Availability in Midtown is 6.7%, down from 8.8% a year ago.

Southwest Supermarkets Buys Up Seven ABCO Stores

remstaff &Globe Street | April 20, 2001

PHOENIX-A rapidly growing grocery store chain has purchased seven ABCO stores in Arizona, leaving just seven more to be liquidated.

Land Sales Big Part of Plum Creek's Bottom Line

remstaff &Globe Street | April 20, 2001

SEATTLE-The timber company in the first quarter took a one-time gain of $24.7 million, or $0.36 per share, from the March sale of its southwest Washington timberlands to Poulsbo, WA-based Pope Resources LP.

Mills Corp. Wins Shot At Prime Waterfront Site

remstaff &Globe Street | April 20, 2001

SAN FRANCISCO-Virginia-based Mills Corp got the nod in a 3-2 vote granting the developer exclusive negotiating rights to develop 19 acres of waterfront on Piers 27 through 31 near the foot of Telegraph Hill.

Manufacturer Makes Classic Play in South Bay

remstaff &Globe Street | April 20, 2001

LOS ANGELES-Seville Classics, which makes and distributes household and commercial products, plans new 150,000-sf headquarters building in Torrance.

Fitch Gives AA+ Rating to Planned 350,000-SF Convention Center

remstaff &Globe Street | April 19, 2001

WEST PALM BEACH, FL-Lehman Brothers will lead a syndicate of underwriters at the May 1 sale of $79 million in municipal revenue bonds earmarked for the project's construction. West Palm Beach is 90 miles north of Miami.

Bush Amends Order on Project Labor Agreements

remstaff &Globe Street | April 19, 2001

BOSTON-The Bush administration amends its executive order banning project labor agreements on federally-funded projects. Projects with existing project labor agreements--such as the Big Dig here--will be allowed to file for an exemption.

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