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Survey Says District Seeing Record Rent Growth

remstaff &Globe Street | January 15, 2001

WASHINGTON, DC-Local area rents are continuing to rise despite new apartment buildings opening throughout the area. DC apartment rentals average $1,028 with Bethesda/Chevy Chase topping at $1,400 and Prince Georges' County at the low of $792.

M/PF Research: Denver Multifamily Market One of Nation's Hardiest

remstaff &Globe Street | January 15, 2001

DENVER-Strong job growth and affordability make Denver's multifamily market one of the strongest in the nation, says Dallas-based M/PF Research. The market is riding at 97.3% occupancy as of year-end 2000.

Austin's USOL Steps Up Services at 624-Unit Virginia Complex

remstaff &Globe Street | January 15, 2001

AUSTIN-USOL Holdings has beefed up services to residents of a 624-unit complex in McLean, VA. The company's 10-year pact, signed three years ago, now includes high-speed Internet access.

Historic Blackstone Hotel's Owner Plans Conversion to Condominiums

remstaff &Globe Street | January 15, 2001

CHICAGO-One-, two- and three-bedroom condominiums, some with a view of Grant Park and Lake Michigan, could give the historic South Michigan Avenue building a new life after a planned conversion.

Hartz Constructing Build-to-Suit for Nestle-Owned Water Enterprise

remstaff &Globe Street | January 15, 2001

KEARNY, NJ-Great Spring Waters, a Perrier affiliate will occupy 77,000-sf distribution facility on nine acres adjacent to another site the company is marketing for industrial development. TC Northeast Metro Inc. represented the tenant.

Martin Leaves First Industrial to Start Own Firm

remstaff &Globe Street | January 15, 2001

ATLANTA-Mike Martin, regional vice president of First Industrial Realty Trust, is forming Diversified Property Group Feb. 1 to focus on industrial assets.

Brooks Brothers on Country Club Plaza Relocating During Remodeling

remstaff &Globe Street | January 15, 2001

KANSAS CITY-A renovated store will reopen at 424 Nichols Road with BCBG Max Azria as co-tenant. The remodeling will give the Country Club Plaza store a look similar to the Brooks Brothers' on Fifth Avenue in New York and Post Street in San Francisco.

Financing Closes for Ritz Carltons on the Public Garden and Boston Common

remstaff &Globe Street | January 15, 2001

BOSTON-Millenium Partners has acquired the financing to buy The Ritz Carlton on the Public Garden and The Ritz Carlton on the Boston Common here. The seller is MPE Hotel I LLC.

Brokers Expect Slight Slowdown in Westchester in 2001

remstaff | January 15, 2001

WHITE PLAINS-A panel of Westchester-Fairfield real estate brokers and developers agree that the year 2000 was an exceptional year for leasing volume and absorption and that it will be tough to beat this year.

UPDATE: Washington's Fourth Place Standing Surprises Some

remstaff &Globe Street | January 15, 2001

WASHINGTON, DC-The District dropped from second to fourth place as a draw for foreign real estate investment. Some cite the perception that the city is not a high-technology center as the reason for the drop.

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Survey Says District Seeing Record Rent Growth

M/PF Research: Denver Multifamily Market One of Nation's Hardiest

Austin's USOL Steps Up Services at 624-Unit Virginia Complex

Historic Blackstone Hotel's Owner Plans Conversion to Condominiums

Hartz Constructing Build-to-Suit for Nestle-Owned Water Enterprise

Martin Leaves First Industrial to Start Own Firm

Brooks Brothers on Country Club Plaza Relocating During Remodeling

Financing Closes for Ritz Carltons on the Public Garden and Boston Common

Brokers Expect Slight Slowdown in Westchester in 2001

UPDATE: Washington's Fourth Place Standing Surprises Some

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