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EUGENE, OR-A site along the riverfront in Springfield finished second in what became a three-year competition to land the project. Officials from both cities said it would be a huge boon for their respective Downtowns.

NEW YORK CITY-Mayor Giuliani says small businesses with less than $100,000 annual electricity bills will get free energy audits to help stave off an energy crisis here, while conference panelists weigh in on its impact on investing.

KANSAS CITY-The REIT owns six shopping centers in St. Louis, plus 39 it owns nationwide. Shareholders say a proposed $720-million buyout by its Australian-based partial owner will not give them an adequate ROI.

WAUKEGAN, IL-The diversified health care company with major land holdings in northeast Lake County takes 4,578 sf at Amhurst Business Center, joining Zeller Plastik, OmniCell Technologies, Uline Inc., Derse Exhibits and Medikmark in the 432-acre development.

MIAMI BEACH-The owner of the world-renowned 1,200-room resort hotel joins with the developer of Aventura Mall to build a 36-story luxury condominium-hotel in the heart of Downtown Miami Beach, five miles east of Miami.

MINNEAPOLIS-As four new megaplexes are under construction, the Twin Cities has seen 10 theater complexes close in recent years. Colliers Towle Real Estate Co. offers specifics and reasons for the overbuilding.

HOUSTON-United Investors Realty Trust will get about $1.3 million in cash and hold a mortgage, totaling about $1.5 million, through 2006 for a buyer of a 51,656-sf shopping center in Lenoir City, TN. It is the fourth such sale for the REIT.

NEW YORK CITY-The prices of apartments have not dropped dramatically, but the number of sales has declined because buyers are not motivated and sellers don't want to settle for less. Commercial real estate owners face a rosier picture.