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SAN CLEMENTE, CA-Trabuco Marketplace LLC has acquired the 51,023-sf parcel. It is leased to Sav-on, which will break ground on a new store here by the end of the year.
FREMONT, CA-The Warm Springs site moves into lead position for development of a new Major League Baseball stadium after the Oakland City Council approves development of a housing complex on the A's first choice.
VERNON HILLS, IL-Two lease renewals for nearly 15,000 sf as well as a new lease for 2,250 sf keeps Arthur J. Rogers & Co.'s office park in this northern suburb of Chicago stable.
LONDON-Spanish fashion retailer Zara has signed a deal with Development Securities to take a 35,000-sq flagship store in DevSecs' development at 333 Oxford Street, on the corner of Oxford Street and New Bond Street in London's West End.
DESOTO, TX-The Covenant Group of Fort Worth has started site work on a 9.9-acre tract in DeSoto for 180 units of affordable seniors housing. The developer gets a 40-year construction loan at 5.83% interest to push the project.
ATLANTA-The spring buying spree includes a 101,207-sf Alpharetta, GA office building for an estimated $14.9 million ($147.22 per sf) and the $15-million purchase ($150 per sf) of a 100,000-sf building at nearby Johns Creek.
SUFFERN, NY-Xerox Corp., has signed one of the largest industrial lease deals of the year in the northern suburbs by taking 192,000 sf of space at 22 Hemion Rd. here. The company will use the facility as a warehouse/distribution facility.
ROMULUS, MI-The store in the new McNamara Terminal features collectibles, toys, apparel and more. It joins a row of restaurants and high-end retail shops in the $1.2-billion Northwest Airlines terminal.
AUSTIN-With retail thriving, it's time to redo the streetscape, says the city. The proposal has Austin officials gathering input from merchants, property owners and residents to determine priorities. The work could start in May 2003.
WESTPORT, CT-Privately held reinsurance firm Benfield Blanch Inc. has signed a lease for 38,260 sf of space at 100 Nyala Farms Corporate Center here in a consolidation of its offices here and in Dallas.