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AMB Reports Steep Drop in Earnings per Share, Rising FFO

remstaff &Globe Street | January 22, 2001

SAN FRANCISCO-The real estate company acquired 57 industrial buildings totaling 4.8 million sf for $322 million during the fourth quarter, including a 95% interest in 20 on-tarmac air cargo facilities at eight US airports from investors in Aviation Facilities Co.

State Provides $3.9 Mil in Assistance for Mold-Making Firm

remstaff &Globe Street | January 22, 2001

DETROIT- Motor City Mold Inc. gets a $3.9 million industrial development revenue bond to build new 21,000-sf manufacturing facility in Plymouth Township to assist the automotive industry.

Zoning Changes Proposed for 14 Valley Locations

remstaff &Globe Street | January 22, 2001

SAN JOSE, CA-If the new land-use designations are applied, officials say it will allow development of 460,800 sf of commercial space and about 7,256 residential units. The study is now headed to the San Jose City Council for review.

Denver's 30,000-SF Stage Store Prime Sell-off Property

remstaff &Globe Street | January 22, 2001

DENVER-The 30,000-sf Stage Store, now part of a 121-store bankruptcy disposition list, shouldn't be difficult to market, say Denver retail experts. The CBD property's commercial history dates back to 1933.

Times Square Tiff: Litigation Clouds Credit, Compensation for Toys R Us Deal

remstaff &Globe Street | January 21, 2001

NEW YORK CITY-Times Square has gone from seedy mess to family-fun urban playground. Embracing this market, Toys "R" Us signed for a location here. The deal is now at the center of a "who done it" battle.

78-Acre Sale in Warren Commerce Center Results in New Developer

remstaff &Globe Street | January 21, 2001

WARREN, MI-A result of the partnership split is the hiring of Chicago-based Centerpoint Properties to aggressively market the former US Army Tank Plant here. Grubb and Ellis continues as marketing and leasing agent.

$64-Mil Art Museum Groundbreaking Set for Late Spring

remstaff &Globe Street | January 21, 2001

AUSTIN-Centex Construction is eyeing a late spring ground-breaking for a $64-million, 145,000-sf Museum of Art at Fourth and Guadalupe streets. Renowned architect Richard Gluckman designed the building, which will open in 2003.

Movado Moves HQ to Mack-Cali Property

remstaff &Globe Street | January 21, 2001

PARAMUS, NJ-The watchmaker is relocating to Mack-Cali's Centre II property, taking 58,000 sf for a dozen years and bringing the facility to close to 88% leased. The deal is one of several Mack-Cali signed at the beginning of 2001.

Local Power Company Is Carving a Niche Out of State's Power Crisis

remstaff &Globe Street | January 21, 2001

ANAHEIM, CA-When Power Plus moves into a new building this summer the president plans to take his firm off the power grid altogether. Other large users are looking to this alternative source of power for permanent relief from energy woes.

Bragg Family Trust Purchases Property Totaling $3 Mil

remstaff &Globe Street | January 21, 2001

EL CAJON, CA-Retail construction continues to boom as a private trust buys a land in this East County city for a drive-through Walgreens Drug Store.

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AMB Reports Steep Drop in Earnings per Share, Rising FFO

State Provides $3.9 Mil in Assistance for Mold-Making Firm

Zoning Changes Proposed for 14 Valley Locations

Denver's 30,000-SF Stage Store Prime Sell-off Property

Times Square Tiff: Litigation Clouds Credit, Compensation for Toys R Us Deal

78-Acre Sale in Warren Commerce Center Results in New Developer

$64-Mil Art Museum Groundbreaking Set for Late Spring

Movado Moves HQ to Mack-Cali Property

Local Power Company Is Carving a Niche Out of State's Power Crisis

Bragg Family Trust Purchases Property Totaling $3 Mil

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