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JACKSON, MI-The 650,000-sf Jackson Crossing outdoor shopping mall anchored by Kohl's, Target, Sears, Best Buy, and Toys 'R' Us will get a Bed, Bath and Beyond store. This marks the fifth expansion for the Ramco-Gershenson property.
PORTLAND-The Portland Development Commission is planning to investigate whether its urban renewal activities have a hand in gentrifying a neighborhood--forcing lower-income residents to leave the area due to factors such as rising rent or residential investors who put rentals up for sale.
HOUSTON-The newly formed loan servicing partnership between L.J. Melody and GE Capital, mutually agree on a new office. The 35,000-sf spot is in the 1500 City West Blvd. building owned by Griffin/Juban.
SCOTTSDALE, AZ-The Northeast Scottsdale Auto Group closes a 10-year sale-leaseback for its 16,500-sf flex building in the Scottsdale Airpark. Now, says Insignia/ESG, the long-term tenant is positioned for a retail expansion in the Phoenix market.
NEW YORK CITY-The local real estate markets, already weakened by a faltering economy, were temporarily paralyzed by the World Trade Center bombings. But the ongoing impact of Sept. 11 on the industry is difficult, if not impossible to quantify.
GROVELAND, FL-Developers monitor Groveland's planned 2,000-acre annexation as environmentalists and anti-growth foes prepare to fight what local planners say could be the ecological battle of the decade, 25 miles west of Downtown Orlando.
AUSTIN-German-based Oasis Silicon Systems relocates from the Capital of Texas Highway to the Setting in the southwest submarket. The firm is settling into space vacated by Holt, Rinehart and Winston.
LANSING, MI-With new sites found for possible reuse, the state's brownfield redevelopment board may authorize funds for environmental cleanup projects.
SAN FRANCISCO-A 30-year-old concrete plant that does not fit into the Mission Bay development plan must relocate, despite 10 years left on the company's lease. To boot, the neighbors of its proposed new home say it isn't part of their plans, either.
SAN DIEGO-In keeping with the spirit of the season, a locally-based general contractor has set up an outdoor skating rink at Horton Square. The rink will remain in place through Jan. 21.