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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.

For Freddie Mac, 2000 was a Pretty Good Year

remstaff &Globe Street | January 21, 2001

WASHINGTON, DC-Company officials told investors that, all in all, Freddie Mac had a very good year and was expecting the same for 2001. The company's revenues were up 10% over 1999.

County Buys Medical Facility for $9 Mil

remstaff &Globe Street | January 21, 2001

SAN JOSE, CA-Santa Clara County acquires an 80-bed medical facility formerly known as the Charter Behavioral Health System in order to create a new mental-health facility for children and teenagers.

Commons at Issaquah Trades for $42 Mil

remstaff &Globe Street | January 21, 2001

ISSAQUAH, WA-The 367,000-sf retail property is one of the larger shopping centers in greater Puget Sound area. The center is fully leased and occupied. Key tenants include Target, Ross, Longs Drugs, Safeway and Gottschalks.

Avalon Bay in Talks to Develop Housing at Fenway

remstaff &Globe Street | January 21, 2001

BOSTON-Avalon Bay Communities is reportedly close to a deal to buy the rights to put up a 500-unit apartment building here, next to the proposed new ballpark in Fenway.

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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

For Freddie Mac, 2000 was a Pretty Good Year

County Buys Medical Facility for $9 Mil

Commons at Issaquah Trades for $42 Mil

Avalon Bay in Talks to Develop Housing at Fenway

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