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W.P. Carey and Its 4 REITs Announce Q1 Dividends

remstaff &Globe Street | March 21, 2001

NEW YORK CITY-The trusts invest in single-tenant commercial properties. Three of the four have delivered higher dividends over the previous quarter since their inception.

San Antonio Retail Rates Stabilize After Growth Surge

remstaff &Globe Street | March 21, 2001

SAN ANTONIO-Retail rental rates have finally leveled off after a long escalation period. The playing field's been tempered by new construction, which for awhile could barely keep pace with demand. But there's no standstill; more product is coming.

Mall of America Shut Down for Fugitive Search

remstaff &Globe Street | March 21, 2001

BLOOMINGTON, MN-The shutdown probably cost the 500-plus stores more than $1 million in lost sales at the nation's largest shopping mall. The last significant closing was during weekend power outage in June 1994.

eLEC Opens New Rochelle Customer Center

remstaff &Globe Street | March 21, 2001

NORWALK, CT-eLEC Communications Corp. announces that it has opened its new 45,000 sf customer contact center at its soon-to-be corporate headquarters location at 543 Main St. in New Rochelle, NY.

Group Acquires Three Apartment Complexes

remstaff &Globe Street | March 21, 2001

UNION CITY, NJ-The locally-based Hanrock Group, a commercial and residential owner/manager, buys buildings totaling 95 units to increase its portfolio to 45 buildings with more than 1,400 units.

Developers Warn State Faces Dangerous Housing Shortfall

remstaff | March 21, 2001

SAN DIEGO-A lethal combination of over-regulation and NIMBYism is hobbling attempts to solve California's escalating housing crisis, according to builders.

Two Telecom Firms File for Chapter 7

remstaff &Globe Street | March 21, 2001

ORLANDO-FDN Inc. of suburban Winter Park, FL states the non-operating subsidiaries, Tel Communications Inc. and ClearPoint Communications Inc., have rung up $10 million in debt over the past two years.

Apple Takes 39,000 SF for Second Call Center Site

remstaff &Globe Street | March 21, 2001

AUSTIN-Apple Computer's just trying to keep pace with tech-support demand. The firm, which leases 250,000 sf at Promontory Point, has signed for another 39,000 sf at Braker Center. A temporary deal that could turn permanent, the broker says.

Boyd Page Brokers Seal 9,415 SF in Retail Leases

remstaff &Globe Street | March 21, 2001

HOUSTON-Village Green, Baybrook and First Colony shopping centers each have secured a new tenant. Cingular is opening its 74th Houston store while Proven Products is making plans for its third. Leslie's Pool Supplies is heading to Village Green.

SIOR Hands Out Deal, Development Awards

remstaff &Globe Street | March 21, 2001

PORTLAND-The Society of Industrial and Office Realtors' annual awards breakfast also included rants and market predictions by keynote speakers Carl Panattoni of Sacramento-based Panattoni development, and Jim Johnson, Intel's vice president of technology and manufacturing.

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W.P. Carey and Its 4 REITs Announce Q1 Dividends

San Antonio Retail Rates Stabilize After Growth Surge

Mall of America Shut Down for Fugitive Search

eLEC Opens New Rochelle Customer Center

Group Acquires Three Apartment Complexes

Developers Warn State Faces Dangerous Housing Shortfall

Two Telecom Firms File for Chapter 7

Apple Takes 39,000 SF for Second Call Center Site

Boyd Page Brokers Seal 9,415 SF in Retail Leases

SIOR Hands Out Deal, Development Awards

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