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Delivery Company Buys 40,000-SF Warehouse

remstaff &Globe Street | January 31, 2001

WOODBRIDGE, NJ-The Gilbert organization, buying the facility it had been leasing, needed the space permanently to handle its increasing volume of business. Blau & Berg was the agency handling the transaction.

Law Firm Inks $2.1-Mil Deal to Locate at Popular Downtown Address

remstaff &Globe Street | January 31, 2001

LOS ANGELES-Breiderbach, Buckley sublets 17,355 sf of office space at Downtown tower in six-year deal valued at $2.1 million.

Langley Takes Ashforth Pacific Helm, Plans Aggressive Growth By Acquisition

remstaff &Globe Street | January 31, 2001

PORTLAND, OR-After 20 impressive years as a broker, Scott Langley is leaving Cushman & Wakefield to take over the president's role from Hank Ashforth, who is bumping himself up to Chief Executive Officer of the locally based company. Today is Langley's first day on the job; he's in Southern California, looking at office properties.

Hotel Sector Hits the Ground Running in 2001

remstaff &Globe Street | January 31, 2001

NEW YORK CITY-Insignia/ESG has brokered the sale of the Best Western MacArthur Hotel for $21.75 million. This is the latest of a number of major hotel deals to be announced in the last couple of weeks.

Developer Builds Three R&D Buildings

remstaff &Globe Street | January 31, 2001

CANTON, MA-Local developer Terry Conroy develops three buildings here and in neighboring Stoughton demonstrating the commercial potential of this area, south of the city. Conroy is developing these buildings on speculation.

Montreal's Short Supply of Class A Properties Is Shrinking

remstaff &Globe Street | January 31, 2001

NEW YORK CITY-Even though more than two million sf of office space will come to market over the next two years, rents are not projected to level off. That should leave many tenants finding class B space attractive.

University of Minnesota Saves $500,000 With New Facilities Management System

remstaff &Globe Street | January 31, 2001

MINNEAPOLIS-The university saved $125,000 through central planning for preventive maintenance work. The software also provides "dramatic improvements in our business processes," according to a school official.

Prudential Commercial Realty Resources Promotes 4 From Within

remstaff &Globe Street | January 31, 2001

KANSAS CITY-Greg Patterson is named senior vice president, while Tom Houts, Larry Goldman and Bruce Johnson are appointed to vice president. Patterson is a retail specialist who has been with the company for 11 years.

Marketing Firm Consolidates New Acquisitions into 17,600 SF of Space

remstaff &Globe Street | January 31, 2001

STAMFORD, CT-Valassis Communications Inc. of Livonia MI has signed a lease for 17,600 sf of space at 6 Armstrong Park here in a deal that allows the firm to consolidate two marketing companies it recently took over.

152-Unit Multifamily Community in Lawrence, KS May Be Sold in 2001

remstaff &Globe Street | January 31, 2001

CHICAGO-AMLI Residential's quest to keep its portfolio young means the 152-unit AMLI at Alvamar in Lawrence, KS could be sold this year. The REIT's average portfolio age is 6.25 years old, AMLI at Alvamar was built in 1989.

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