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Mack Trucks Leases 314,025-SF Distribution Center

remstaff &Globe Street | March 20, 2001

ELKRIDGE, MD-Mack Trucks Inc. has signed a 15-year lease with ProLogis for the facility here, where the trucking firm will open its largest North American parts distribution site. PortLogis had five separate sites in this region.

Allied Riser Connects Clicks to Office Bricks in US, Canada

remstaff &Globe Street | March 20, 2001

DALLAS-Allied Riser Communications is off and running with connections to its US and Canadian portfolio. The hookups include 37 Dallas-Ft. Worth buildings, totaling 15.9 million sf.

257,000-SF Silverthorne Fetches $29 Mil

remstaff &Globe Street | March 20, 2001

SILVERTHORNE, CO-A popular outlet center has racked up $9 million in net proceeds for its REIT seller, Prime Retail. The Silverthorne Factory Stores, along a gateway to the leading ski resorts, has been sold for $29 million to an investment group.

Missouri Investor Buys Building in Fast-Growing Gilbert

remstaff &Globe Street | March 20, 2001

PHOENIX-A St. Louis-based real estate investment group has purchased a single-tenant building in the fast-growing community of Gilbert. The deal is valued at $1.77 million.

Ventas and Vencor Settle with Feds for $104.5 Mil

remstaff &Globe Street | March 20, 2001

WASHINGTON, DC-The REIT, Ventas, and its principal tenant, long-term health care provider Vencor, have agreed to pay the largest civil settlement ever for reportedly filing false claims to Medicare, Medicaid and Tricare.

Residential Construction Permit Numbers Remain Sluggish

remstaff &Globe Street | March 19, 2001

KANSAS CITY-The Home Builders Association of Greater Kansas City released stats for January and February that show construction down 30% compared to the same two months in 2000. And the future isn't promising.

Proposals Reviewed for KC International Work

remstaff &Globe Street | March 19, 2001

KANSAS CITY-The city council is leaning toward a company with higher bid because schedules by the low bidder had "typically not been met" and that the company had "product design issues" such as water leaks on the bridges.

Raytheon Resumes Work on Gas-Fired Power Plants

remstaff &Globe Street | March 19, 2001

WEYMOUTH, MA-A week after work was halted on two gas-fired power plants here and in Everett, a judge orders Sithe Electric to cancel its construction contract with Washington Group International, forcing locally-based Raytheon to take over.

Georgia - In Tax Appeals - Consider Arbitration

remstaff &Globe Street | March 19, 2001

When a property owner in Georgia appeals a tax assessment, he or she should be aware of the options available. If an appeal is not resolved with the assessor,…

New Manager for Great Mall of the Great Plains

remstaff &Globe Street | March 19, 2001

OLATHE, KS-A new general manager, Bradley K. Cornell, will oversee day-to-day operations at Glimcher Properties Limited Partnership's 800,000-sf outlet mall. He was general manager at the New Towne Mall in New Philadelphia, OH.

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Mack Trucks Leases 314,025-SF Distribution Center

Allied Riser Connects Clicks to Office Bricks in US, Canada

257,000-SF Silverthorne Fetches $29 Mil

Missouri Investor Buys Building in Fast-Growing Gilbert

Ventas and Vencor Settle with Feds for $104.5 Mil

Residential Construction Permit Numbers Remain Sluggish

Proposals Reviewed for KC International Work

Raytheon Resumes Work on Gas-Fired Power Plants

Georgia - In Tax Appeals - Consider Arbitration

New Manager for Great Mall of the Great Plains

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