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ATLANTA-The city's South Side and Gwinnett County are seeing a slight increase in activity this year because of their bargain sales prices. Low cap rates for single-tenant, net-leased properties in favorable locations such as the North Fulton County market are also getting investors' attention.
SAN DIEGO-A number of tenants recently signed leases for a combined 34,000 sf in the Rolando Plaza Shopping Center at 6411-6535 University Ave. The new tenants will fill anchor space formerly occupied by Albertson's Supermarket and Cal Stores.
CHICAGO-The city department of planning and development won't have trouble getting responses to separate requests for proposals for retail projects at 35th and Halsted streets and 35th and Michigan Avenue.
MARTHA'S VINEYARD, MA-In an apparent effort to win support for the development of a gaming casino in the state, the Wampanoag tribe, which is based here, offers the state cash payments up front if it gets legislative approval for its casino project.
ROCHESTER HILLS, MI-A subcommittee takes over for the Southeastern Oakland County Resource Recovery Authority and forwards the matter to arbitration. A multifamily developer is among those expecting the $4-million golf course to be built.
LAKEWOOD, CO-A life insurance company puts the financing in a deal arranged by the Denver office of NorthMarq Capital. The property contains 166,504 sf of space in two buildings at 300 and 390 Union Blvd.
CANNES-Morley Fund Management and Shearer Property Holdings are holding their corporate breath. They have sent Bath & North East Somerset Council a revised planning application for the redevelopment of the Southgate area of Bath, including 92 residential units
DALLAS-Texas and the rest of the Southwest made Top 10 rankings in each category under Integra Realty Resources' microscope. The firm's Texas leaders say the positioning came as no particular surprise.
SAN ANTONIO-The grocer's announced pullout from two Texas metropolises tosses 85 stores onto the "to go" block. Some will be shuttered by week's end. The markets, says a company contact, were just too tough to crack.
SCHAUMBURG, IL-Jones Lang LaSalle takes on the assignment with an eye toward saving money for the electronics giant, which lost $681 million last year as its stock nose-dived nearly 70%.