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Leasing Strategy Lures Tenants to 112,500-SF Building

remstaff &Globe Street | April 09, 2001

HOUSTON-A turnaround leasing strategy for a 112,500-sf warehouse is working after three months of the single-tenant property sitting empty. Weingarten brokers opted to divvy up the space and it's now 75% leased.

MBA, Finance Officials Meet With President Bush

remstaff &Globe Street | April 09, 2001

WASHINGTON, DC-The president of the mortgage trade association said their discussion was "very productive," while a new affiliated group released a poll showing small business owners want more Federal investment in cities.

Multifamily Construction Exec's Disappearance a Mystery

remstaff &Globe Street | April 09, 2001

NORTH MIAMI BEACH, FL-James Cuddy, vice president of construction at American Land Housing Group, vanished last Tuesday while en route to a job in Palm Beach County. Cuddy had worked nearly 25 years for Arlington, VA-based Charles E. Smith Residential Realty.

Dot-Com Fallout Stabilizes Rental Rates

remstaff &Globe Street | April 09, 2001

CHICAGO-The death of some dot-coms put more space on the market, though the fledgling industry is not entirely to blame for the increase of available square footage, say office brokers here.

Casino Completion Expected by May 15 Deadline

remstaff &Globe Street | April 09, 2001

CAMPO, CA-The Campo Indian band expects to have a 60,000-sf casino finished by May 15, the statewide deadline for slot machines to be operational.

Immunex Opens $50-Mil Processing Center

remstaff &Globe Street | April 09, 2001

BOTHEL, WA-The Seattle-based biotech company will use the new 50,000-sf facility here to test and refine drug-production methods. It is located adjacent to the company's clinical-manufacturing center.

UPDATE: Cushmans Call Merger with C&W a Homecoming

remstaff &Globe Street | April 09, 2001

NEW YORK CITY-As expected, Cushman & Wakefield's press conference at noon today (April 9) was to officially announce the merger with Cushman Realty Corp. Twin brothers John and Louis Cushman both called it a homecoming.

Slow Progress Seen in Hartford Retail Market in 2001

remstaff &Globe Street | April 09, 2001

HARTFORD, CT-While noting that the recent economic slowdown has taken hold in the area, brokers with Finard & Co. say that they expect 2001 to be a decent year for the retail real estate market here.

Art Deco Tower Sold for $2.65 Mil

remstaff &Globe Street | April 09, 2001

ELIZABETH, NJ-The 14-story office/retail building in this city's Downtown changes hands after an earlier foreclosure purchase, followed by a major effort to restore its historic appearance.

Creditworthiness of Tenants Big Challenge for Brokers

remstaff &Globe Street | April 09, 2001

ORLANDO-While only 10% of metro Orlando's 28 million-sf office market are wired for dot-com tenants, owners are still asking for large security deposits, advance rent and often declining to pay for improvements, CB Richard Ellis Inc. office-industrial specialist David Murphy tells GlobeSt.com.

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Leasing Strategy Lures Tenants to 112,500-SF Building

MBA, Finance Officials Meet With President Bush

Multifamily Construction Exec's Disappearance a Mystery

Dot-Com Fallout Stabilizes Rental Rates

Casino Completion Expected by May 15 Deadline

Immunex Opens $50-Mil Processing Center

UPDATE: Cushmans Call Merger with C&W a Homecoming

Slow Progress Seen in Hartford Retail Market in 2001

Art Deco Tower Sold for $2.65 Mil

Creditworthiness of Tenants Big Challenge for Brokers

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