RICHMOND, VA-Representing buyers Kroger Limited Partnership, Insignia Thalhimer completes the sale of the former Homeplace building in the area's Short Pump community. The 55,000-sf structure will be converted to a Kroger grocery store that will open in the summer of 2002.

PHOENIX-The Equity sale to Rocky Mountain Mutual Housing closes at last, giving Phoenix its first such project. The 420-unit Bay Club, bought through public-private money, will undergo a rehabilitation and 168 units turned over for affordable housing.

RICHMOND, CA-The health care organization signs a 10-year lease to occupy 38,000-sf in a research-and-development building here at Catellus Development's Regatta Business Center.

ORANGE COUNTY, CA-Southern California hoteliers will soon face increased competition from neighboring Mexico, as officials there have unveiled a new tourism-related marketing campaign targeted specifically at North American travelers.