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CBL Buys Out Partners in $43.3-Mil Deal for 934,000-SF Mall

remstaff &Globe Street | April 05, 2001

CHATTANOOGA, TN-Locally based CBL & Associates Properties Inc. acquired the 50% interest of its two minority partners in Madison Square Mall in Hunstville, AL. Chattanooga is 428 miles west of Downtown Charlotte.

Only First-Run Theater Opens in Detroit

remstaff &Globe Street | April 05, 2001

DETROIT-Phoenix Theatres offers the only first-run movies in this city after Cory Jacobson and Charles Murray take over the lease of the former AMC Bel-Air that had closed on Eight Mile Road, just east of Van Dyke Road.

First Industrial Rating Stays at BBB

remstaff &Globe Street | April 05, 2001

CHICAGO- Standard & Poor's affirms its BBB corporate credit rating on First Industrial Realty Trust Inc., adding its results have improved since refocusing on 23 of the top 25 US markets.

Unico Continues Changes, Promotes Laird

remstaff &Globe Street | April 05, 2001

SEATTLE-David Laird, the company's new vice president of asset management, is part of the original investment advisory group that joined Unico in 1996. He has been instrumental in all of Unico's acquisitions.

Colorado REITs Make Good Q4 Showing

remstaff &Globe Street | April 05, 2001

DENVER-Denver-based REITs have made a strong showing in the first quarter, particularly those with real estate holdings. Black Hawk Gaming and AmeriVest Properties hold lead positions for stockholder returns.

New York Firms Buy 8 Area Buildings

remstaff &Globe Street | April 05, 2001

PORTLAND-Time Equities and William Felton Assoc. closed recently on 623,000 sf worth of Class A office, flex-industrial and retail space in Northwest Oregon and Southwest Washington for $45.4 million. The seller was ASA Properties of Honolulu.

Magazine Calls Archer Top

remstaff &Globe Street | April 05, 2001

DETROIT-The city is cited by BusinessWeek for $17 billion in economic growth either underway or on the drawing board, plus Mayor Dennis W. Archer's more regional view toward luring businesses to the area.

Virginia Mason Leases In Snohomish County

remstaff &Globe Street | April 05, 2001

LYNNWOOD, WA-The medical center is opening a new clinic in a new building being developed near the Alderwood Mall by First Western Development Services of Edmonds, WA. Completion is set for early next year.

Campaign Launched to Boost African-American Homeownership

remstaff &Globe Street | April 05, 2001

WASHINGTON, DC-An initiative by the Congressional Black Caucus to increase home ownership rates announced this week has the backing of a wide group of real estate groups.

Cosmetology School Opening in New Buy

remstaff &Globe Street | April 05, 2001

HOUSTON-A Houston investor has acquired a 9,792-sf building near Sharpstown Mall, where plans are afoot to open a cosmetology school. There's a growing trend to buy instead of lease commercial sites in the small office market.

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CBL Buys Out Partners in $43.3-Mil Deal for 934,000-SF Mall

Only First-Run Theater Opens in Detroit

First Industrial Rating Stays at BBB

Unico Continues Changes, Promotes Laird

Colorado REITs Make Good Q4 Showing

New York Firms Buy 8 Area Buildings

Magazine Calls Archer Top

Virginia Mason Leases In Snohomish County

Campaign Launched to Boost African-American Homeownership

Cosmetology School Opening in New Buy

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