SPOKANE, WA-With vacancy rates falling, lease rates on the rise and capitalization rates here averaging 10%, investors are beginning to take a harder look at the Spokane apartment market, according local brokers and a recent study.

DETROIT-All Southeast Michigan stores are spared, but the Plano, TX-based retailer is closing its 23,000-sf store in Ironwood, MI. The store has been operating since 1991 in the Ironwood Commons Shopping Plaza.

CHICAGO- Syndicated Equities Corp. sells seven properties in north suburban Grayslake, Florida, Kentucky and Massachusetts for an average of $268.48 per sf. All are leased long-term by major drug store chains.

FT. WORTH-North Texas is serving as a test market for restaurateur Sam Hamra, who is building a Baymont Inns & Suites in Lewisville while making plans for another in the Northlake section of AllianceTexas.