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SAN FRANCISCO-The Planning Commission cannot meet to discuss permits and projects because of a lack of members and the city's failure to agree on the decision-making process.
BOSTON-Liberty Place, a 419-unit apartment building proposed for 660 Washington St., receives an endorsement from the Chinatown Neighborhood Council. The group recommends that the city approve the project.
PHILADELPHIA-Plymouth Meeting, PA-based Kramont Realty Trust fills a vacated Acme Supermarket space in Doylestown, PA to Kohl's Department Store. The lease with the Menomonee Falls, WI-based retailer, which involves a 30,000-sf expansion of the retail center, brings occupancy to 100%.
ORLANDO-New York-based Bear Stearns Commercial Mortgage Inc. is funding the package on the 640,000-sf, 95%-leased International Drive shopping center for Orlando-based owner Estein & Associates USA, the American arm of the Germany-based investment group.
CARLSTADT, NJ-Cushman & Wakefield of NJ has the assignment for the Wilson Associates-owned asset, which was recently vacated by GiftCertificates.com. The building is within Gotham Industrial Park.
WESTON, MA- Safeguard Scientifics, Inc., a developer of high tech companies, makes its first foray into the area with an office at 9 River Rd. The company chose to open here because it considers the market a "major center for software development.
COSTA MESA, CA-The sale of the seven-unit building at 2677 Orange Ave., in escrow for 120 days, underscores the steadily appreciating market for apartments in the Orange County region.