OAK BROOK, IL-An extensive search for a parts distribution facility to replace one in Lincolnshire, IL ends up in the 400-acre joint venture between WISPARK LLC and CenterPoint Venture LLC.

PHILADELPHIA-The trust that controls 77% of Hershey Foods considers selling it to protect its sole beneficiary, a 1,400-acre residential school for children in need. While Wall Street salivates over a sweet deal, Hershey Foods' board has a bitter taste.

HOUSTON-NewQuest Properties signs the national retailer to a 6,300-sf inline spot at its new Eldridge Town Center, a 230,339-sf development at the intersection of FM 1960 and Eldridge Parkway. Hollywood Video has at least 56 stores in the region.

PHOENIX-A Massachusetts buyer puts up $850,000 for the complex in the Phoenix CBD. The Denver seller had been trying to hawk the property for 2 1/2 years. It's located at the junction of North Second and First avenues.