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80,000-SF Maintenance Facility Approved

remstaff &Globe Street | March 12, 2001

ROSEMOUNT, MN-The regional planning agency for the seven-county Twin Cities area agrees the 40-acre agricultural site in Dakota County is the only site that can accommodate a highway maintenance facility.

Pappas Brothers Take Over Luby's Helm, Repositioning Looms

remstaff &Globe Street | March 12, 2001

AUSTIN-The Luby's restaurant chain is getting a second chance in a management shuffle that puts the Houston-based Pappas brothers at the helm. Will an expansion plan resurface after being ditched nine months ago? Too early to tell, says a Luby's official.

Janus Pulls Plug on Massive Lowry Corporate Campus

remstaff &Globe Street | March 12, 2001

DENVER-Janus Capital is backing out of a plan for a corporate campus, which had been expected to cost upward of $150 million. One reason for the decision is that technology allows customers to access funds by computer rather than in person.

First Regional Mall in North Arizona to Open in a Year

remstaff &Globe Street | March 12, 2001

PHOENIX-The first regional mall in northern Arizona is ahead of schedule for its leasing and will open in less than a year just outside Prescott.

Retailers' Property Taxes Here Highest in Nation

remstaff &Globe Street | March 12, 2001

ST. PAUL, MN-A Minnesota Shopping Center Association tax study concludes the average property tax cost per sf for a 25,000-sf to 40,000-sf retailer in a Twin Cities community shopping center is $2.72.

CAR Honors Brokers, Special Olympics at Annual Awards Event

remstaff &Globe Street | March 12, 2001

PORTLAND-In addition to honoring the top brokers in the community, the Commercial Association of Realtors raises thousands for Special Olympics Oregon, which held its winter competition at Mount Bachelor this past weekend.

Salvation Army Center Ready to Raise Walls

remstaff &Globe Street | March 12, 2001

SAN DIEGO-Crews have finished earthwork on the Salvation Army's Ray and Joan Kroc Community Center on University Avenue and have launched a construction process that should be finished by summer of next year.

Unico Expands Bay Area Management Team

remstaff &Globe Street | March 12, 2001

SAN FRANCISCO-Unico, one of Seattle's largest regional office building investor and service providers, moved into the Bay Area market with the purchase of the 33-story 100 Pine Street building in the city's Financial District.

Hearst Exit Will Drop Record 132,000 SF of CBD Class A Space onto Market

remstaff &Globe Street | March 12, 2001

CHARLOTTE-Locally based Trinity Partners hosts a party to alert brokers and tenants the space will be available in the 24-story, 460,000-sf, 100%-leased Carillon Building owned by San Francisco-based Shorenstein Realty Services.

Retail Slump Hammers Horizon Group's FFO

remstaff &Globe Street | March 12, 2001

CHICAGO-Bad weather in the Midwest and a slumping economy is blamed for a 44.5% drop in fourth-quarter funds from operations for Horizon Group Properties, Inc. Exceptions were in Tulare, CA and Laughlin, NV.

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80,000-SF Maintenance Facility Approved

Pappas Brothers Take Over Luby's Helm, Repositioning Looms

Janus Pulls Plug on Massive Lowry Corporate Campus

First Regional Mall in North Arizona to Open in a Year

Retailers' Property Taxes Here Highest in Nation

CAR Honors Brokers, Special Olympics at Annual Awards Event

Salvation Army Center Ready to Raise Walls

Unico Expands Bay Area Management Team

Hearst Exit Will Drop Record 132,000 SF of CBD Class A Space onto Market

Retail Slump Hammers Horizon Group's FFO

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