EVERETT, WA-In late February, the REIT sold its 40,988-sf of the 88,884-sf Puget Park Shopping Center, packaged with another in Cameron Park, CA. The $19-million deal represents only a portion of scheduled sales to entities affiliated with Prudential Real Estate Investors.

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.

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.