LANSING, MI-The state of Michigan's Department of Management and Budget sells an unused parking lot and obsolete medical property for $3.8 million to help pave the way for a $120-million medical development project.

HOUSTON-Cabinets Inc., a manufacturer's represented for Wood-Mode Inc., gets closer to vendors and clients by taking an as-is office for its sales team. The 1,375-sf pact secures the address on a short-term basis.

HOUSTON-Cabinets Inc., a manufacturer's represented for Wood-Mode Inc., gets closer to vendors and clients by taking an as-is office for its sales team. The 1,375-sf pact secures the address on a short-term basis.

HOUSTON-The developer of the Club at Copperleaf secures $19.8 million in two pieces--mezzanine and a fixed-rate interest loan--to replace debt amassed during construction of the 240 class A units in northwest Houston.

HOUSTON-The developer of the Club at Copperleaf secures $19.8 million in two pieces--mezzanine and a fixed-rate interest loan--to replace debt amassed during construction of the 240 class A units in northwest Houston.

PHOENIX-The Seattle investment group sits down at the closing table for the 480-unit MonteViejo Apartments, which has been under contract since late June for $50.5 million. The property changes hands in turnkey condition and 95% leased.

PHOENIX-The Seattle investment group sits down at the closing table for the 480-unit MonteViejo Apartments, which has been under contract since late June for $50.5 million. The property changes hands in turnkey condition and 95% leased.

ROSSFORD, OH-Taking advantage of the growing retail trend in this Toledo suburb, retail REIT Ramco-Gershenson has commenced development on Rossford Pointe. The 66,000-sf shopping center will be located next to the REIT's hugely successful Crossroads Shopping Centre.