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Multifamily Market Could See 7% Cap Rates, Bidding Wars

remstaff &Globe Street | January 19, 2001

CHICAGO-Multifamily sales prices producing capitalization rates below the cost of mortgage money could happen here, one expert tells the Real Estate Investment Association/Society for Industrial and Office Realtors' Summit 2001.

WebMap Expands Headquarters, Dot-Com Defies Shakeout

remstaff &Globe Street | January 19, 2001

BOSTON-In what has become a rarity these days for local dot-coms, WebMap, a developer of Web navigating solutions, expands its headquarters. A good lease rate enables the company to stay in the city.

BuildNet Hopes to Quell Complaints with Software Upgrades

remstaff &Globe Street | January 19, 2001

RESEARCH TRIANGLE PARK, NC-The locally based firm plans to introduce three new packages for the construction industry at the February National Association of Home Builders show in Atlanta.

Downtown Detroit's Addison Hotel Turned Into Apartments

remstaff &Globe Street | January 19, 2001

DETROIT-The renovated Addison Hotel adds to the apartment and condominium development around Comerica Park and theater district. Cass Avenue Development hired Hamilton Anderson Associates Inc. of Detroit to do the restoration.

Pan Pacific Retail Properties To Announce Earnings Next Month

remstaff &Globe Street | January 19, 2001

VISTA, CA-Pan Pacific Retail Properties Inc., the largest neighborhood shopping center REIT on the West Coast, says it will release its fourth-quarter and year-end 2000 results Feb. 21.

Marcus Corp. Declares Regular Quarterly Dividends

remstaff &Globe Street | January 18, 2001

CHICAGO-The Milwaukee-based company operates theaters in Addison, Elgin, Gurnee, Chicago Heights and Orland Park as well as Baymont Inns & Suites in Alsip, Elgin, Glenview, Gurnee, Hoffman Estates, Matteson, Tinley Park and Willowbrook.

Hilton Takes Big Step Across the Border

remstaff &Globe Street | January 18, 2001

LOS ANGELES-Hotel giant signs sweeping affiliation agreement with Mexican chain, one of Hilton's most ambitious steps yet to expand into the lucrative market.

Wood Products Firm Leases 130,000 SF

remstaff &Globe Street | January 18, 2001

RIDGFIELD, WA-The newly formed custom dryer and remanufacture of wood products -- a sister company of Tigard, OR-based HCMA Consulting -- is taking space here in the 40-year-old LakeRiver Industrial Park that had been vacant for six months.

Deals in Works at Former IBM Latin America HQ

remstaff &Globe Street | January 18, 2001

MOUNT PLEASANT, NY-An executive with Gale & Wentworth LLC says that his firm is cautiously optimistic that some lease deals will close at the company's Mount Pleasant Executive Center, the former headquarters of IBM's Latin American operations, by this April.

Paine/PR Signs $2.8-Mil Lease

remstaff &Globe Street | January 18, 2001

LOS ANGELES-A public relations firm will take 14,500 sf in Downtown's Figueroa Tower.

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Multifamily Market Could See 7% Cap Rates, Bidding Wars

WebMap Expands Headquarters, Dot-Com Defies Shakeout

BuildNet Hopes to Quell Complaints with Software Upgrades

Downtown Detroit's Addison Hotel Turned Into Apartments

Pan Pacific Retail Properties To Announce Earnings Next Month

Marcus Corp. Declares Regular Quarterly Dividends

Hilton Takes Big Step Across the Border

Wood Products Firm Leases 130,000 SF

Deals in Works at Former IBM Latin America HQ

Paine/PR Signs $2.8-Mil Lease

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