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The tanning parlor operator has secured the first of 10 to 15 locations it will open in the Austin area. Planet Beach signs for a 1,900-sf inline spot at the Shops at Lakeline, an 87,000-sf center that's now fully leased.
FORT LAUDERDALE, FL-Michigan-based Ramco-Gershenson Properties Trust has acquired Shenandoah Square Shopping Center in suburban Davie for $16.3 million.
MINNEAPOLIS-Jim Montez and Chris Rohrer will work on leasing Marquette Plaza, the 534,000-sf former Federal Reserve building undergoing major renovation and expansion. Montez helped launch Grubb & Ellis' telecommunications group.
CARTERSVILLE, GA-The steel mill on Grassdale Road gets new owners for the second time in five years. The property, purchased by Alabama-based Birmingham Steel Corp. in 1996, will come under the ownership of Brazil's the Gerdau Group by Dec. 31, 2001.
HOUSTON-Milestone Distributors, headquartered in Dallas, is consolidating two Houston locations into a 30,137-sf office, showroom and distribution spot at the 28-acre Bondeson Business Park in the city's northwest submarket.
MESA, AZ-SMT Investors buy a 10-acre tract at the gateway to the Red Mountain Ranch and Las Cintas golf course communities. Talks are under way with the City of Mesa to rezone the parcel, on the market for years, from residential to commercial.
DETROIT-A three-story apartment complex will become part of the Woodbridge mixed-use development. Owners of the development will pay an independent licensed home health agency for services rather than providing them directly.
DOBBS FERRY-While Westchester County has not seen the expected major influx of New York City companies after the World Trade Center disaster, some housing developments here have seen increased buyer traffic due to the terrorist attacks.
BRASELTON, GA-Trammell Crow Co. plans to erect a 2.6 million-sf industrial development on 160 acres along Georgia 53 and Zion Church Road. The project is a $70 million endeavor and work on the first building is slated to begin in the spring.