PHOENIX-ScanlanKemperBard Cos. makes its first buy in Arizona with the acquisition of Lakeside Center, a 152,600-sf development that had two other contracts fall by the wayside. The Muller Co. of Laguna Hills, CA is the seller.

BIRMINGHAM, AL- Saks Inc. says it will close two of its Parisian stores here - one in Eastwood Mall in January 2005 and the Western Hills store in mid-March 2005.

BIRMINGHAM, AL- Saks Inc. says it will close two of its Parisian stores here next year.

HOUSTON-Behringer Harvard Fund chooses Trammell Crow Co. to lease and manage its newest asset, the 506,470-sf Travis Tower. Seller McCord Development's in-house Navisys Group makes a play to hold onto the CBD assignment to no avail.

Sidney, NE- On the heels of two recent store announcements, Cabela's Inc. posts a 15.9% revenue increase from the same period last year.

PHOENIX-Bill Cressy, a 10-year director of the now-defunct RAS Builders, will lead the new division, Summit Builders Express. The group will focus on tenant improvement and construction of projects that cost less than $3 million.

TEMPE, AZ-Wireless Acquisition LLC moves from Scottsdale Airpark into a freestanding office/warehouse at 1635 W. 12th Place. The local company signs a five-year lease with an option to purchase after three years.

HOUSTON-CB Richard Ellis Investors hangs a "for sale" sign on the four-building Alamo Crossing Commerce Center, a 43%-leased, class A industrial development distribution in the northwest submarket. The portfolio's estimated value is $42 million based on $42 per sf for comparabable properties.