IRVINE, CA-Marcus & Millichap's Apartment Research Report notes that rents will continue to increase because of increased demand as population and jobs continue to grow, and units under construction are insufficient to meet demand.

ATLANTA-In one of the largest securities actions involving a commercial real estate company in the US, JDN Realty Corp. is agreeing to pay an undisclosed number of individual investors $16.8 million in cash, more than $20 million in stock and other consideration.

AUSTIN-Trammell Crow's Austin retail team has its work cut out with a new leasing pact, that includes a 29,000-sf closed Regal Cinema. That's the main task at hand, says a VP, of the 285,355-sf Lake Creek Festival Shopping Center assignment.

HARRISON, MI-Spartan Stores Inc., which acquired Ashcroft's Markets two years ago, now owns 127 stores in Michigan and Ohio as it refocuses on being a grocery retailer with the opening of Glen's Market here.