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SOUTHFIELD, MI-A portion of Roseville Plaza is demolished for a new 136,000-sf Wal-Mart store and relocation of CVS Drugs. Michael's Crafts, Linens 'N Things, Payless Shoes and Shoe Carnival open at Crossroads Centre.

DENVER-Commercial real estate brokers and lawyers who were against last year's Constitutional Amendment to control growth say they might vote for it if legislators don't compromise.

LONDON-Cheapside, the prime retail pitch in the City of London, could be set for a surge in rental values according to a new survey from agent Churston Heard and economic analysts Business Strategies.

MOLINE, IL-The manufacturing firm has hired M. B. Kahn Construction Co. as general contractor for a headquarters and manufacturing plant for its new transaxle joint venture. Construction will begin this fall.

CHICAGO-Buyers are acquiring multifamily rental property in this market at capitalization rates under 8% as the market begins to emulate hot markets on the East and West Coasts. Purchases are made with the expectation of rent increases.

BRIDGEWATER, NJ-National Business Park has the assignment to move the space in the Lawrence Zirinsky Associates property, which will be renovated as part of the effort.

AUSTIN-Rising office vacancy has hit the pocketbook of building owners, with rent dipping 42 cents per sf between first quarter and Q2 closings. The average now rests at $27.15 per sf, with the CBD being hardest hit as rates plummet $4.20 per sf.

MODESTO, CA-Lexington Corporate Properties Trust property is net-leasing the 146,000-sf builidng to Crown, Cork and Seal Inc., which is subleasing to PACCAN, Inc. The new lease, at a higher rate, commences September 26, 2001, when the current lease ends.