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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.

Long Island RE Market Holding Its Own

remstaff &Globe Street | April 19, 2001

NEW YORK CITY-Long Island vacancy rates have only decreased 0.5% and rental rates continue to climb, according to of Cushman & Wakefield of Long Island.

Dingell, Rothwell Speak at Downriver Summit

remstaff &Globe Street | April 19, 2001

DETROIT-The meeting is intended to form partnerships for development and jobs south of Detroit. The Southeast Michigan Council of Governments and Downriver Community Conference are among sponsors.

Hotels Occupancy and Revenues Up in First Quarter

remstaff &Globe Street | April 19, 2001

PHOENIX-Cooler than usual weather and a cooling economy did nothing to dampen the tourism market in the Valley during the first quarter, as occupancy, rates and revenues were up.

CenterPoint Seeks Opportunities in Slowdown

remstaff &Globe Street | April 19, 2001

OAK BROOK, IL-While it remains debatable whether the economy is indeed in a slowdown or entering a recession, CenterPoint Properties Trust has the cash necessary to buy out owners who resort to fire sales.

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