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CITRUS HEIGHTS, CA-The Southern California-based Red Mountain Retail Group Inc. acquires the 75%-leased Copperwood Shopping Center here from the San Jose Police & Fire Pension Fund for more than $12 million.
CAMP HILL, PA-As part of the redevelopment of the 525,000-sf mall here that has been under way since Cedar acquired the property a year ago, the 14-auditorium movie complex will rise where the Giant Food Store now stands.
KENNETT SQUARE, PA-Charles Taylor & Sons subleases a 12,000-sf space here for eight years at an aggregate rental in excess of $700,000. Meanwhile, a 41,200-sf industrial property in Upper Chichester goes on the block.
YORBA LINDA, CA-A Lake Forest buyer acquires the Yorba Linda Pines apartment complex from a Los Angeles seller and plans to add more units to the low-density complex.
SAN DIEGO-Less than six months after Sunbelt Management Co. broke ground on its Kearny Mesa office complex, the project is already 50% complete. Slated for build-out in January 2004, the completed property will encompass 7,000 sf.
WILMINGTON, DE-The city's Market Street area is beginning to regain some of its long lost luster now that retailers are lining up to occupy space in the new 140,000-sf Ships Tavern District mixed-use development.
NEW YORK CITY-After a two-year search, law firm Olshan Grundman Frome Rosenzweig & Wolosky chooses 65 East 55th St. as its new home. The firm inked a 13-year pact for 37,000 sf with an option for an additional 19,000 sf of space.
CHICAGO-The healthcare plan provider, the sixth-largest tenant in the tallest building in North America, renews its lease through 2014, keeping occupancy at the 3.5-million-sf office asset at 89%.
MAUI-The Bethesda, MD-based hotel company acquires the 806-room Hyatt Regency Maui Resort and Spa located on 37 acres of fee simple oceanfront property on Kaanapali Beach.