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EDMONDS, WA-The 99,200-sf space formerly occupied by the troubled retailer at 22511 state Route 99 becomes home to the Westminster, Calif.-based 99 Ranch Market and Rite Aid.
DETROIT-The city is assisting developer Niels Jorgensen in a search for suitable property on the US side of the Detroit River for a gondola that would provide a link with Windsor, ON. The tourist attraction is expected to bring 1 million visitors to the Motor City.
NEWPORT BEACH, CA-A partnership buys the upscale RV resort on the Orange County coast for an undisclosed price that sources believe is about $50 million.
NEW YORK CITY-Substandard properties and late-payers were told last week that they are to be eliminated from the franchisor's massive inventory. The move is part of a new initiative that will shrink the company's domestic franchises by 7%.
NATICK, MA-Chicago-based General Growth Properties considers expanding the Natick Mall into the former Wonder Bread facility on Speen Street. The 268,000-sf building was redeveloped as a telecom hotel but now stands vacant.
HOUSTON-A franchisee for the Cincinnati aftermarket accessories' retailer opens in 8,000 sf at 1718 Fry Rd. in Houston's far west submarket. It's the specialty retailer's first location in Texas.
MIAMI-Total revenue rose to $24 million from $17 million for a company that's showing no signs of the recession. Funds from operations rose to $11.1 million from $6.4 million.
DETROIT-Glen Arbor, MI-based Homestead Resort wants to take over 168 acres of Lake Michigan shoreline park property in exchange for 106 undevelopable acres on the Crystal River.