LEOMINSTER, MA-The Searstown Mall here on Route 2 and Commercial Road gets a makeover as a new anchor tenant, Filene's, takes over for the now-bankrupt Bradlees. The Bradlees store will be razed and replaced with a parking lot while Filene's will be developed on another former parking lot.

CHICAGO-Equity Residential Trust COO Gerald Spector expects the acceleration of rent concessions to continue into 2002 as multifamily owners and operators strive to maintain or improve occupancy levels.

NORTHVILLE TOWNSHIP, MI-The high-tech facility loses its second tenant to bankruptcy, prompting Colliers International to look for another new research and development company to take the 108,000-sf building.

HOUSTON-Mass Wholesale of Houston takes the deed to a 20,482-sf warehouse in the southwest Houston submarket. The party supplier acquires the structure from BMS Enterprises, shortly after longtime tenant Blackmon Mooring relocates.