Globest Sectors

SAN JOSE-At its recent annual meeting in San Francisco, the 45-year-old family-owned brokerage firm made several announcements, foremost of which is that the company has joined the CORE Network.

FREMONT, CA-The Internet content delivery firm is leasing the third floor of Civic Center Place, a new four-story Class A building developed by Principal Capital Group. Tenant improvements are underway with an approximate move in date of April 1, 2001.

WALTHAM, MA-Public Storage Inc. purchases the Fotobeam/IKON site here. A series of developers who were never able to get approval because of the property's constraints have eyed the site.

FAIRFIELD, NJ-The solid economy has sent prices sky-high, and if the year ahead turns out to be one of leveling growth or even a downturn, some of the players could move on, according to one report.

ORLANDO-Prudential Real Estate Investors and Heller Financial get $47 million for the 15-story, 393-room property, one of the first non-Disney-owned hotels to be built at the Lake Buena Vista, FL attraction in 1972.

HOUSTON-A First Industrial property has eased the immediacy for an ecological paper container company that needed space and move-in capability ASAP. The contract's signed and the 10,869 sf is now ready for Ecotainer.

SEATTLE, WA-The central business district was hardest hit, with 47% of the total within its borders. Then again, says Colliers, there are currently tenants looking for 1.3 million sf in Seattle within the next six to 12 months.

KANSAS CITY-Rezoning of the Central Industrial District for lofts is met with opposition. However, other property owners favor plans by 3rd Millennium Developers to develop 34 lofts in a used tire warehouse.