UPPER SADDLE RIVER, NJ-Manfrotto Distribution Inc., an Italian photography accessory company, is shifting its US headquarters from Ramsey to larger space here.

BLOOMINGTON, MN-The Mall of America intends to submit its preliminary development plan for a $225-million expansion to the 4.2-million-square-foot complex next week.

NEW CARROLLTON, MD-In order to bring in more commercial tax revenue, the New Carrollton City Council is considering a proposal to establish a $1-million economic development fund to attract businesses along Annapolis Road.

ALPHARETTA, GA-Hobbs Brook Management LLC has acquired the Preston Ridge III office building here for approximately $15 million.

CHARLOTTE-The $245-million deal to acquire the 42-story One Wells Fargo Center office building here by a partnership of Starwood Capital Group of Greenwich, CT and operating partner Vision Equities of Mountain Lakes, NJ has closed.

CHARLOTTE, NC-Inland American Communities reports it began construction earlier this month on a 671-bed student housing community here.

NEW YORK CITY-The parent of the Fairway grocery chain saw its stock price soar by as much as 42% in early trading today in its debut on the Nasdaq exchange after pricing its initial stock offering above what was the proposed range.

YONKERS, NY-A project to build a 14-story, 220-unit mixed use residential and commercial development at the former Kimball Movie Theater on Yonkers Avenue was granted initial approval by the Yonkers Industrial Development Agency today for nearly $2.4 million in sales and mortgage tax exemptions.