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Alameda Naval Air Station Project Spurs New Partnership

remstaff &Globe Street | March 20, 2001

ALAMEDA, CA-Two of the companies hoping to redevelop the 770-acres property here are joining forces to compete against six other developers who have submitted mixed-use project proposals to city officials.

Q4 Demolition Start Being Eyed for Mercantile Block

remstaff &Globe Street | March 20, 2001

DALLAS-Spire Realty is finalizing agreements with the city and county while eyeing a fourth-quarter demolition start in the 1.2-million sf Mercantile block. The $85-million mixed-use project will bring needed retail to the CBD.

Bookseller Signs 20-Year Lease at CitiGroup Center

remstaff &Globe Street | March 20, 2001

NEW YORK CITY-Barnes & Noble took the last three years of Conran's lease for 40,000 sf of space when the furniture retailer went bankrupt. Comparable space goes for $35 per sf.

Joint Venture Purchases 8-Building Industrial Complex

remstaff &Globe Street | March 20, 2001

FULLERTON, CA-Hanover Financial and Clifford Company have formed a partnership to buy this 400,000 sf of space, which is currently 80% occupied.

Brighton Senior Apartment Complex Opens

remstaff &Globe Street | March 20, 2001

BRIGHTON, MI--The new Independence Village of Brighton Valley opens on Nemco Way Road. The senior facility features 100 apartment homes, 70 serving those with an independent lifestyle, while 30 offer living services.

netNumina Moves HQ as Area Sees Rise in Vacancy Rates

remstaff &Globe Street | March 20, 2001

CAMBRIDGE, MA-netNumina relocates its headquarters here, nearly tripling the size of its offices. The company's move is an anomaly in these parts as the downturn in the economy forces many local high-techs to dump space.

Mack Trucks Leases 314,025-SF Distribution Center

remstaff &Globe Street | March 20, 2001

ELKRIDGE, MD-Mack Trucks Inc. has signed a 15-year lease with ProLogis for the facility here, where the trucking firm will open its largest North American parts distribution site. PortLogis had five separate sites in this region.

Allied Riser Connects Clicks to Office Bricks in US, Canada

remstaff &Globe Street | March 20, 2001

DALLAS-Allied Riser Communications is off and running with connections to its US and Canadian portfolio. The hookups include 37 Dallas-Ft. Worth buildings, totaling 15.9 million sf.

257,000-SF Silverthorne Fetches $29 Mil

remstaff &Globe Street | March 20, 2001

SILVERTHORNE, CO-A popular outlet center has racked up $9 million in net proceeds for its REIT seller, Prime Retail. The Silverthorne Factory Stores, along a gateway to the leading ski resorts, has been sold for $29 million to an investment group.

Missouri Investor Buys Building in Fast-Growing Gilbert

remstaff &Globe Street | March 20, 2001

PHOENIX-A St. Louis-based real estate investment group has purchased a single-tenant building in the fast-growing community of Gilbert. The deal is valued at $1.77 million.

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Alameda Naval Air Station Project Spurs New Partnership

Q4 Demolition Start Being Eyed for Mercantile Block

Bookseller Signs 20-Year Lease at CitiGroup Center

Joint Venture Purchases 8-Building Industrial Complex

Brighton Senior Apartment Complex Opens

netNumina Moves HQ as Area Sees Rise in Vacancy Rates

Mack Trucks Leases 314,025-SF Distribution Center

Allied Riser Connects Clicks to Office Bricks in US, Canada

257,000-SF Silverthorne Fetches $29 Mil

Missouri Investor Buys Building in Fast-Growing Gilbert

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