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PHOENIX-With the highest number of vacant big boxes in the West, the Valley is fertile ground for discount retailers looking to tap middle-class dollars. Discounters are finding some sweet deals in the metro's upscale neighborhoods.
DALLAS-Trammell Crow's Dallas team takes leasing and property management contracts for the 1.6-million-sf Infomart and 1.3-million-sf 1700 Pacific. The team is holding one set of keys and the other comes Nov. 1, GlobeSt.com has learned.
SOMERVILLE, MA-A judge's ruling that the city should have required developers to file a site plan review for a 173,000-sf Home Depot could put call the project's future into question. The complaint was filed by a local abutter backed by a local activist group.
VALLEJO, CA-The Vallejo City Council approves a memorandum of understanding agreement that will allow a developer and two car dealers to start a long-awaited auto mall development.
WEST ORANGE, NJ-Wolff & Samson will move its headquarters after "maxing out" their existing space in nearby Roseland. The new location represents an expansion of more than 40%.
LONDON-Countryside Properties has signed a pounds 60 million development agreement for the regeneration of Gravesend Canal Basin in North Kent with a mix of new homes and commercial space.
NEW YORK CITY-Discount chain Bill's Dollar Stores hires the Long Island-based asset management firm to handle the mitigation of 15 leases and the restructuring of another 340.
AUSTIN-In November, Dell Computer checks out of southwest Austin and turns out the lights on the last of its office space in the Las Cimas complex. Dell planned to exit Las Cimas II as tenants were found, but now has decided to retreat to its Round Rock campus.
SAN ANTONIO-Hogan Real Estate Services secures interim financing for the Eagle Ridge apartments. The project is ticketed to go up on 13.24 acres at the intersection of Wurzbach and Crystal Hill Drive in the city's western tier.