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Trucking Giant Invests $17 Mil in Terminals on Border

remstaff &Globe Street | April 04, 2001

PHOENIX-Trucking giant Consolidated Freightways, one of the nation's largest trucking companies, will open to two new terminals this month, one in Phoenix and the other in Texas, to accommodate the increasing traffic to and from Mexico.

Firm Pays $15.3 Mil for Multifamily Property in Phoenix

remstaff &Globe Street | April 04, 2001

IRVINE, CA-Sares-Regis Group, in cooperation with venture partner Citibank Private Bank, purchased a multifamily property in Phoenix for $15.3 million. The complex is 95% occupied.

Pan Pacific Grocery Store Design Approved

remstaff &Globe Street | April 04, 2001

PORTLAND-The plan calls for demolition of the former Keinow's building and a Rite Aid outlet in the St Johns neighborhood to make was for a 56,000-sf Safeway grocery store that will be set back from the street.

Some Development Continues Despite Cutbacks

remstaff &Globe Street | April 04, 2001

SAN FRANCISCO-Cisco is postponing expansion of two floors it occupies in Petaluma's Redwood Business Park, but the company is proceeding with development of 3.4-million sf in a Catellus Development Corp owned business park in Fremont.

Apartment Dwellers Feel Pinch as Rents Rise

remstaff &Globe Street | April 04, 2001

SAN DIEGO-A new report from Marcus & Millicap found that the county's average apartment now rents for $943 per month, rising nearly 8.5% over the last year. Rents here now outpace inflation, according to the Deparment of Labor.

Tempe Office Building Goes to Investor for $1.18 Mil

remstaff &Globe Street | April 04, 2001

PHOENIX-A local real estate investment company has purchased an office building in the ever-tightening office market in Tempe.

Post Leases Up at 95% and Starts New Construction

remstaff &Globe Street | April 04, 2001

ATLANTA-The locally based REIT boasts a 95% lease-up rate at two apartment communities in the Southeast, just as it launches construction on a new luxury 15-story high-rise apartment building in Washington, D.C.

Wells Point One's First Building Coming to Market

remstaff &Globe Street | April 04, 2001

AUSTIN-The first of four industrial buildings, totaling 242,000 sf, in Pflugerville's Wells Point One Business Park delivers in a month. Applied Materials is taking 30,000 sf of the 50,000-sf structure. Spertus Investments owns the 20-acre project.

Airlines Expanding at Award-Winning KCI

remstaff &Globe Street | April 04, 2001

KANSAS CITY, NORTH, MO-Vanguard Airlines is building a hub at Kansas City International Airport, Midwest Express puts its third base of operations there and the airport captures the Grand Prix du Voyage World Travel Award.

L&D Realty Co-Founder Joins Grubb & Ellis

remstaff &Globe Street | April 04, 2001

DALLAS-A 17-year veteran of the metroplex's commercial real estate world has joined the Grubb & Ellis team as a senior vice president. With the hire comes the dissolution of L&D Realty.

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Trucking Giant Invests $17 Mil in Terminals on Border

Firm Pays $15.3 Mil for Multifamily Property in Phoenix

Pan Pacific Grocery Store Design Approved

Some Development Continues Despite Cutbacks

Apartment Dwellers Feel Pinch as Rents Rise

Tempe Office Building Goes to Investor for $1.18 Mil

Post Leases Up at 95% and Starts New Construction

Wells Point One's First Building Coming to Market

Airlines Expanding at Award-Winning KCI

L&D Realty Co-Founder Joins Grubb & Ellis

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