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PHOENIX-A national grocery store chain plans to close a dozen stores in Phoenix and Tucson, dumping hundreds of square feet of available retail space onto the market and leaving a number of locations without anchor tenants.
PHOENIX-The project that may kick of a plethora of development around the two-mile long Tempe Town Lake has received final approval from the city and will break ground within two weeks.
DALLAS-Panattoni Development Co.'s Texas team is practically in place. It's like old home week, with Panattoni recruiting two former employees of its former joint venture partner. Jon C. Napper will lead plans that call for nearly one million sf this year.
HOUSTON-A second Suburban Lodge has opened in Houston and more are sure to follow, says a franchise partner who had helped the chain get up and running in 1987. It might be Houston's second, but it's the seventh for him and his development partner.
LOS ANGELES-The 141-unit Senior Artists Colony gets $705,000 from Federal Home Loan Bank, boosting the development's chances of obtaining other types of financing.