Last Updated: March 14, 2006 07:00pm ET
Developer Buys 144,174 SF of Sterling Ponds Shopping Plaza
STERLING HEIGHTS, MI-D/K/G Development LLC, a division of Bingham Farms-based Burton Katzman Development Co., buys 144,174 sf at the Shops at Sterling Pond. The sale includes 107,741 sf of in-line space and six restaurant pad sites totaling 36,433 sf.
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Distressed CRE Continues to Ebb
WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.



