PINEVILLE, NC-The 52-year-old Dick's Clothing & Sporting Goods chain has bought a seven-acre site for $2.9 million or $414,255 per acre ($9.51 per sf) just south of Charlotte for the first of five planned stores. The first 45,000-sf unit will open next summer. The site housed the former Cedar Springs Hospital.

HOUSTON-Let the people decide, say light rail opponents. The opposition group has submitted petitions for a citywide referendum, sparking a debate as to the number of signatures needed to take the issue to the people.

NEW YORK CITY-Last month alone approximately 1.8 million sf of space was leased or sold in just Manhattan in all of the market sectors. The majority of it was office space.