PONTIAC, MI-A former mental hospital site is immediately sold to a developer for a technology park and homes. The deal puts the site back on the tax rolls after a 100-year absence.

MESA, AZ-New Plan Excel Realty Trust hawks one of two grocery store anchors on its disposition list in metro Phoenix. Red Mountain Retail Group buys the 29,827-sf IGA in the Dobson Guadalupe Shopping Center.

MCCLEAN, VA-The 2.1 million-sf Tysons Corner Center shopping mall has a possible buyer in Rochester, New York-based Wilmorite Inc. for as much as $525 million. The 34-year-old mall property, currently owned by the Alaska Permanent Fund, offers 230 retail outlets, an office building, and a parcel of undeveloped land.

JERSEY CITY-Top real estate industry execs tell SIOR members that the forecast is mixed, but that the Garden State is doing better than most.