HOUSTON-Wellington Development Co. and Eastbourne Investments Ltd. will raze the 53,000-sf Shops at Oak Forest to make way for a larger shopping center in the Garden Oaks submarket.

HOUSTON-Wellington Development Co. and Eastbourne Investments Ltd. will raze the 53,000-sf Shops at Oak Forest to make way for a larger shopping center in the Garden Oaks submarket.

HOUSTON-Wellington Development Co. and Eastbourne Investments Ltd. will raze the 53,000-sf Shops at Oak Forest to make way for a larger shopping center in the Garden Oaks submarket.

HILLSDALE, MI-A manufacturing company is expanding through the signing of a short-term, 79,287-sf lease at a freestanding industrial facility. Alsons Corp., a division of Taylor-based Masco, is using the additional space for product-line expansion and distribution.

MADISON HEIGHTS, MI-The second and final phase of a structured closing on a 249,729-sf light-industrial property portfolio is complete. Assets are now in the hands of Chicago-based First Industrial Realty Trust.

MESA, AZ-The 16,341-sf Dobson Medical Plaza has gone to the highest bidder, a private investor from Beverly Hills, CA, who pays what is believed to be the highest price per sf in the city's history, nearly $236.

LIVONIA, MI-Locally based JFK Investment Co. acquires the 115,000-sf Victor V, which was listed at $13.65 million. Plans call for a repositioning of the five-story property, which was built in 1991.

LIVONIA, MI-Locally based JFK Investment Co. acquires the 115,000-sf Victor V, which was listed at $13.65 million. Plans call for a repositioning of the five-story property, which was built in 1991.