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EL CAJON, CA-One of a trio of energy "peaker" generation plants begins operation here. Under a power purchase agreement with the Department of Water Resources, it is anticipated that the El Cajon facility will supply power to California's grid at times of peak power demand.
TUSTIN, CA-The Church of Jesus Christ of Latter-day Saints gets $2.3 million for the Tustin parcel. The buyer, Institute de L'Union Chretienne de St. Chaumond, plans to develop the residentially zoned property.
TACOMA, WA-The Minneapolis-based specialty retailer, will open a new store this fall. The 45,000-sf facility will rise across from the Tacoma Mall on South 48th Street.
WEST SPRINGFIELD, MA-Eastern Development, LLC purchases the Riverdale Shopping Center, a 273,000-SF facility anchored by Stop & Shop supermarket. The real estate development firm paid Prudential Insurance Company $26.5 million for the property.
CEDAR PARK, TX-The owner of the Dallas Stars and Texas Rangers is courting Cedar Park officials with a plan to build an ice facility, its size and precise address still undetermined, to service Central Texas. Cedar Park's choice is not happenstance.
SOUTH WEYMOUTH, MA- The South Shore Tri-Town Development Corp. files the first phase report on the redevelopment project of the 1,440-acre former navy base. The document is a prerequisite to construction on one of the largest area parcels with development potential.
MINNEAPOLIS-About a half dozen sites in Near North neighborhood will benefit from the $200,000 brownfields pilot assessment grant. The program focuses on previously low-priority orphan sites.
TINTON FALLS, NJ-Stavola Realty is building the asset as part of its new Falls Corporate Center, and has given Insignia/ESG the nod to market and lease the property.
ELIZABETH, NJ-The proceeds will repay a maturing construction loan on the three-year-old Glimcher Realty project, a 1.3 million-sf regional mall dominated by off-price tenants.