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TUCSON-Feldman Equities and its partners are adding 60,000 sf to the 508,000-sf mall, bought in 2002 with a turnaround plan that pushed today's occupancy to 97%. Eleven new tenants and a creative plan for the 15-screen theater highlight the changes.
CHESAPEAKE, VA- Visteon Corp. wraps up development of its new $17 million plastic fuel-tank manufacturing plant. The 73,000-sf facility sits in the Crossways Commerce Center I, which is within close proximity to its client Ford Motor Co. in Norfolk, VA.
MCLEAN, VA-Capital Automotive REIT made purchases totaling $83 million during the first quarter of 2003, nearly $30 million more than the Capital Automotive's real estate purchases for the fourth quarter of 2002.
HOUSTON-Two tenants sign short-term renewals in the northwest submarket while they make long-term plans for their space needs. Both are subsidiaries of Stellar Event & Presentation Resources and both have had the addresses for at least five years.
BOSTON-The developers of the Columbus Center submitted the $400 million project's final environmental impact report to both the state's executive office of environmental affairs and the city's Boston Redevelopment Agency.
MAUI-Maui Land & Pineapple Company Inc. says an agreement will be signed shortly for the sale of Queen Kaahumanu Center, the largest retail and entertainment center on Maui.
LOS ANGELES-In an unusual sale, a buyer acquires notes on nine grocery-anchored centers with 650,000 sf in Southern California from a union pension trust, according to Holliday Fenoglio Fowler.
TEWKSBURY, MA-Mills Corp. wants to build a 700,000-sf mall on a parcel adjacent to Route 93. If approved, the project would be the area's largest, but the need for an interchange could make the development a complicated one.