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LAGUNA HILLS, CA-The property's two buildings were 90% leased at the time of sale to Sav-Most Desert Rancho LLC.

PEARL RIVER, NY-The Rockland Economic Development Corp. has promoted Maryann Small to vice president of business development. Small has worked with the EDC here since 1995, most recently as its director of business development.

ITASCA, IL-The Seattle-based global logistics firm takes space at 1300 Arlington Heights Rd. in this western suburb. FCL Builders, based here, completed a major renovation in three months.

LAWRENCE, KS-Marisco's Grill & Bar joins two other recently opened restaurants on the west side of this city. The owner of Louise's Bar and two other sports bars has opened Marisco's Grill & Bar.

IRVINE, CA-An industry analyst says there is more parity today between REIT shares being traded on Wall Street and value of the underlying real estate.

PORTLAND-Although slowing now, the value of office properties rose 29% over the last three years, while industrial properties rose 23% and retail properties by 18.8%, says a new report by Integra Realty Resources, a national appraisal and consulting firm.

SAN RAMON, CA-In a joint venture with Simon Property Group and the Schottenstein Group, Kimco recently paid $435.5 million for the rights to resell and release the real estate assets of the bankrupt Montgomery Ward LLC and its affiliates.

KANSAS CITY-With construction already started on the $30-million Liberty Memorial monument and museum restoration, critics are objecting. The memorial is the country's only large-scale project honoring World War I veterans.