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Insignia Financial Reports Record Returns

remstaff &Globe Street | March 02, 2001

NEW YORK CITY-Fourth quarter and year 2000 returns were the highest in the company's history, before the accounting change rule. Net income for Q4 was down due to a write-off of its Internet businesses.

Shurgard Storage Centers Raises $275 Mil Earmarked for Debt Reduction

remstaff &Globe Street | March 02, 2001

SEATTLE, WA-Through a combination of debt and equity offerings, the self-storage REIT raised $275 million to be used toward payment of a $161-million line-of-credit and a $122.8-million secured-debt obligation.

Economic Slowdown Catching Up with Atlanta, Georgia State University Report Shows

remstaff &Globe Street | March 02, 2001

ATLANTA-Forecasters predict the metro economy will slow this year then pick back up in 2002. After adding 108,300 jobs in 2000, Georgia is likely to add only 34,200 jobs this year, the report predicts. But new jobs will jump to 75,700 in 2002 and 89,300 in 2003.

Houston Energy Firm Buys GATX Terminal and 90-Mile Pipeline for Estimated $6.39 Mil

remstaff &Globe Street | March 02, 2001

ORLANDO-The 45-acre fuel-storage facility in suburban Taft, FL is part of a $1.15 billion, 18-terminals nationwide package purchased by Kinder Morgan Energy Partners.

Western Realco Sells Industrial Buildings for $18 Mil

remstaff &Globe Street | March 02, 2001

ORANGE COUNTY-The Newport Beach-based developer, Western Realco and investment partner, Cigna Insurance, have sold two Fontana industrial buildings, totaling 465,000 sf, as industrial deals continue to fly in the Southland.

Stakeholder Places Bid on Stock Buyout, Wants Black Hawk to be Private

remstaff &Globe Street | March 02, 2001

BLACK HAWK, CO-Black Hawk Gaming CEO's is seeking to buy all shares he doesn't own in the gaming company. His goal is to buy the operation and take it private. Shareholders have until March 15 to jump on the offer.

Trust Picks Up 287 Acres in Potentially Prime Growth Area

remstaff &Globe Street | March 02, 2001

ORLANDO-The Carter-Southmeadow Land Trust paid the Southchase Warehouse Joint Venture $7.4 million or 59 cents per sf for two parcels near the Central Florida Greeneway and Orange Avenue.

Abbey Company Reaches 100% Occupancy On Two of Its Properties

remstaff &Globe Street | March 02, 2001

SAN DIEGO-The Abbey Company, a Garden Grove-based commercial property owner and developer, announced that it has reached full capacity at its three-building, 26,978-sf Rancho Carmel Village Center in San Diego.

Access Worldwide Leases 24,000 SF At Prince George's Metro Center

remstaff | March 02, 2001

HYATTSVILLE, MD-The marketing company plans to bring 400 jobs to Prince George's County to staff its high-tech call center. Prince George's Metro Center plans to expand one building to meet company's needs.

Sublease Space at Prime Building Hits the Market, Could Portend Economic Trend

remstaff &Globe Street | March 02, 2001

NEW YORK CITY-Just prior to Wayne Lagary of Julian J. Studley informing GlobeSt.com that 16,000 prime sf of sublease space will hit the market, an industry expert discussed how subleasing reflects the downturn of the economy.

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Insignia Financial Reports Record Returns

Shurgard Storage Centers Raises $275 Mil Earmarked for Debt Reduction

Economic Slowdown Catching Up with Atlanta, Georgia State University Report Shows

Houston Energy Firm Buys GATX Terminal and 90-Mile Pipeline for Estimated $6.39 Mil

Western Realco Sells Industrial Buildings for $18 Mil

Stakeholder Places Bid on Stock Buyout, Wants Black Hawk to be Private

Trust Picks Up 287 Acres in Potentially Prime Growth Area

Abbey Company Reaches 100% Occupancy On Two of Its Properties

Access Worldwide Leases 24,000 SF At Prince George's Metro Center

Sublease Space at Prime Building Hits the Market, Could Portend Economic Trend

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