ATLANTA-After 12 months of searching for an all-star retail roster to occupy its planned 1.4 million-sf site at the open-air mall in Forsyth Center, the developer tells local government officials that the project may be delayed beyond the scheduled 2006 opening date.

STAFFORD, TX-A Northeastern US joint venture assumes a loan and takes out a second mortgage to buy the Reserve at the Fountains from its developer, Trammell Crow Residential. A local expert says it likely sold for $25 million to $27 million.

GRESHAM, OR-San Francisco-based McMorgan & Co. pays $6.7 million or $4.05 per sf for 38 acres here at the intersection of Interstate 84 and Northeast 181st Avenue. The company plans a 650,000-sf industrial park.

DALLAS-The US economy will hit the comeback trail in the second quarter, but it will be far from a high-spirited rise. Given the usual lag time, it will be 2004, maybe 2005, before commercial real estate is collecting its due rent, say those in the know.