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Concessions Are Back, Industry Experts Report

remstaff &Globe Street | April 08, 2001

NEW YORK CITY-Experts report seeing an increase in the amount of concessions offered to tenants. With a slowing market, tenants should prepare to bargain for more in terms of free rent, construction time and more.

Sol Vista Plans $33-Mil Resort Lodge

remstaff &Globe Street | April 08, 2001

GRAND COUNTY, CO-Sol Vista is in line for another lodge. The $33-million undertaking is so key to the resort's development that its owner is tackling the project single-handedly. Before dirt flies, 65% of the 109 units must be sold.

Downtown Office Market Bouncing Back

remstaff &Globe Street | April 08, 2001

LOS ANGELES-The Downtown office market's vacancy level decreased by 1.28% in the first quarter, and now leads the county with a net absorption of 285,896 sf, according to a new report by LA-based Cushman Realty Corp.

260,000-SF Penn Field Gets First Tenant, More Coming

remstaff &Globe Street | April 08, 2001

AUSTIN-Penn Field's anchor tenant, Architerra, has taken the keys to its 33,000-sf design center. Come summer, it will have a few neighbors in the 16-acre project by Southwest Strategies Group as it creeps up on the 50% leased mark.

Pacific Development Group Joins in Large Retail Venture

remstaff &Globe Street | April 07, 2001

LOS ANGELES-The builder becomes JV partner in Upland's ambitious, 105-acre Colonies Crossroads project.

C&W Press Conference Stirs Merger Speculation

remstaff &Globe Street | April 07, 2001

NEW YORK CITY-With speculation already running high that Cushman & Wakefield and Cushman Realty are talking merger, the announcement of an official C&W press conference has led many to believe it's a done deal.

Avalon Wins Zoning for 550,000-SF Project

remstaff &Globe Street | April 07, 2001

LAKEVILLE, MN-A 182,000-sf SuperTarget would anchor Avalon Group's development called TimberCrest at Lakeville, which would also include 50,000 sf of office space and 25,000 sf for restaurants.

New Hotel Near Detroit Stadiums Eyed

remstaff &Globe Street | April 07, 2001

DETROIT- Cleveland-based Ferchill Group hopes to cash in on new traffic generated by the Tiger's Comerica Park and the Lions' Ford Field. It hopes to build a 10-story, 200-room Hilton Garden Suites by May 2002.

C&W Press Conference Stirs Merger Speculation

remstaff | April 07, 2001

Investors Would Be Wise to Look to Texas

remstaff &Globe Street | April 06, 2001

DALLAS-Integra Realty Resources has its Top 10 picks for real estate investors. Dallas, Austin, Houston and San Antonio pull berths in suburban office, industrial, multifamily and retail. And, property values are up across the board.

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