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Corrigo Lands Multifamily Client

remstaff &Globe Street | April 03, 2001

REDWOOD CITY, CA and CHICAGO-On Friday, Chicago-based AMLI Residential Properties began using locally based Corrigo's main product, CorrigoNet, to manage maintenance at four of its 71 properties. In January, Corrigo landed a contract with Spieker Properties, which is being acquired by Equity Office Properties Trust.

Silicon Valley Occupancy, Rents Holding On

remstaff &Globe Street | April 03, 2001

SAN JOSE-Bryan Friedman, senior vice-president and managing director of Grubb & Ellis' Silicon Valley office, and Ritchie Commercial Real Estate owner Mark Ritchie say the market is softening, but the sky isn't falling.

Investors Execute 1031 Exchange for Local Industrial Facility

remstaff &Globe Street | April 03, 2001

BREA, CA-Bonin Investments plans to hold the asset, a building leased to a roofing company, in its portfolio. Transaction is valued at $3.1 million.

Signs of Slowdown in Build-To-Suit Market

remstaff &Globe Street | April 03, 2001

SKOKIE, IL-A report from Alter Group says build-to-suit activity in the five-county market fell 23% in the second half of 2000 and the forecast is for a 15% drop in 2001. The first half was up 25%.

Specialty Steel Maker Launches Houston Operation

remstaff &Globe Street | April 03, 2001

HOUSTON-In a quick lease signing, CD Steel & Service has managed to meet a startup date for its first Houston location. The firm has set up shop in 5,000-sf at 10612 Hempstead Rd. in the Greenspoint-Airport submarket.

Houston's Fifth Hawthorn Hotel Breaks Ground

remstaff &Globe Street | April 03, 2001

HOUSTON-Ground has broken on the city's fifth Hawthorn hotel. The 59-suite facility is being built near the Bush Intercontinental Airport, which due diligence shows will be a strong market for the brand's extended-stay venue.

Shipping Brokerage Relocates in Expansion Move

remstaff &Globe Street | April 03, 2001

WILTON, CT-Fairfield Chemical Carriers Inc. has relocated from offices in Darien to 3,434 sf of space at 5 River Rd. here. Wilton Shopping Center Limited Partnership owns Fairfield's new space.

Numbers Show for First Time Office Market Is Softening

remstaff &Globe Street | April 03, 2001

ORLANDO-Grubb & Ellis Co. is the first brokerage to pinpoint first-quarter weaknesses due to company downsizing, mergers and tenant relocations. The three million-sf southwest Orlando tourist submarket was hit hardest with vacancies of 21.4%.

Fannie Mae Offers $250 Mil in Preferred Stock

remstaff &Globe Street | April 03, 2001

WASHINGTON, DC-The proceeds from the offering of 5 million shares will be used for general corporate purposes, including repurchasing earlier issues of preferred stock, according to officials. The shares will be offered at $50 each.

All Talk, No Show: Not for Texas Building Owners

remstaff &Globe Street | April 03, 2001

DALLAS-Building owners in the region have done their due diligence to make sure that high-tech providers deliver on their promises to light properties. In place are hard-nosed contracts and in one case, a building gatekeeper to protect the tenants and owner.

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Corrigo Lands Multifamily Client

Silicon Valley Occupancy, Rents Holding On

Investors Execute 1031 Exchange for Local Industrial Facility

Signs of Slowdown in Build-To-Suit Market

Specialty Steel Maker Launches Houston Operation

Houston's Fifth Hawthorn Hotel Breaks Ground

Shipping Brokerage Relocates in Expansion Move

Numbers Show for First Time Office Market Is Softening

Fannie Mae Offers $250 Mil in Preferred Stock

All Talk, No Show: Not for Texas Building Owners

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