BELLEVUE, WA-Tiffany & Co. plans to open five new stores this year, including a 5,500-sf location in Bellevue Square and a 10,000-sf facility in Waikiki, HI. The local facility is set to open this May, and the Hawaii store will replace a small hotel boutique.

PORTLAND-"We expect that we will turn the corner on this recession by the third quarter of 2002," says Bradford H. Fletcher, Grubb & Ellis executive vice president and Portland managing director, in the company's just released 2002 Real Estate Forecast on the office, industrial and investment markets.

WOODBRIDGE, NJ-The new contract covers all of the industrial and office holdings of the New Jersey Mortgage Acquisition Corp. and increases Schultz's management portfolio to more than 11 million sf.

ANNAPOLIS, MD-According to the third quarter report from the National Center for the Seniors Housing & Care Industries (NIC), the occupancy rate in assisted living facilities may be stabilizing after a year of consistent decreases. But NIC officials conclude that any stabilization trends will not alter the steadily decreasing construction starts in this industry sector.