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Aerion Network Takes 24,357 SF at Greens Crossing Phase III

remstaff &Globe Street | January 22, 2001

HOUSTON-Caldwell Watson Real Estate Group has inked commercial leases for Greenspoint and northwest Houston. The largest transaction puts Aerie Network Services into 24,357 sf of warehouse space at the 64,000-sf Greens Crossing Phase III.

Westminster's Heritage Lakes is Hot

remstaff &Globe Street | January 22, 2001

HAMBURG, NJ-Kushner Cos.' homebuilding division bucks the region's bad winter weather to roll out some impressive sales at its new townhouse community in the Sussex Mountains.

Chicago Christian Industrial League Gets $3-Mil Site for 168-Unit SRO

remstaff &Globe Street | January 22, 2001

CHICAGO-A $12-million single-room-occupancy apartment building with commercial space on the first of eight floors would be built at Wabash Avenue and Harrison Street. The city must still acquire the third of three parcels.

City Leaders Mull Fate of Undeveloped Parcels

remstaff &Globe Street | January 22, 2001

PLEASANTON, CA-City Council members here will on Tuesday begin reconsidering uses for oft-debated land on the city's eastern side, including a 91-acre parcel known as the Busch property.

Commercial Real Estate Professionals Buying Technology That Add Real Value

remstaff &Globe Street | January 22, 2001

LOS ANGELES-The commercial real estate industry is embracing technology and online information services. However, GlobeSt.com's national editor, John Salustri, warns that survivors in the online information business will those offering products with real value to the industry.

Pope Resources Selling Port Ludlow to HVC Pacific Partners

remstaff &Globe Street | January 22, 2001

SEATTLE, WA-In line with a recent announcement that it was leaving the resort and real estate business to concentrate on its primary business of timber, Pope Resources has a sale pending on its Port Ludlow Resort on the Olympic Peninsula.

Centex Homes Moves into Townhome Market

remstaff &Globe Street | January 22, 2001

DALLAS-Centex Homes, a single-family residential builder, is buying CityHomes, an upscale townhome developer in the most well-heeled Dallas neighborhoods. The deal is expected to close before early March.

Teachers Insurance Wins Bidding War for 735,000-SF Park West Commerce Center

remstaff &Globe Street | January 22, 2001

COPPELL, TX-No one's talking about how much Teachers Insurance and Annuity Association has paid for the premier 735,000-sf Park West Commerce Center. But TIAA has outbid about 20 competitors for the hot property in Coppell.

Precept Unveiling Online Commercial Mortgage Origination Product

remstaff &Globe Street | January 22, 2001

OAKLAND, CA-The locally based mortgage company will go live with its commercial mortgage origination system Feb. 4. The web-based platform will act as an exchange between brokers, mortgage lenders and borrowers.

United Investors Shareholders' Take-Home Shrinks

remstaff &Globe Street | January 22, 2001

HOUSTON-United Investors Realty Trust is posting a 13-cent dividend per common share, a decrease from its prior shareholder earnings. CEO Robert Scharar says the decision woefully is necessary.

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