Globest Sectors

NEW YORK CITY-The locally based developer sheds three properties in the Southeast region to make up for some of the losses from recent transactions.

NEW YORK CITY-The locally based developer sheds three properties in the Southeast region to make up for some of the losses from recent transactions.

HARRISON, NJ-The five-phase Harrison Commons is being done by a joint venture that includes Magic Johnson's Canyon Johnson Urban Fund.

ROCK HILL, MO-The first phase of the Market at McKnight development will have a total of 126,000 sf of retail space and is anchored by Stein Mart.

PHILADELPHIA-Hotel occupancy rose 6% this summer and the average daily rate shot up 8.5%, thanks in part to the Franklin Institute's blockbuster exhibit.

NEW YORK CITY-Stonehenge closes its new equity fund to acquire office, retail and residential properties, and target high-yield debt opportunities.

DOVER, DE-Leases are currently being negotiated with several anchor tenants including Dick's Sporting Goods, Bed Bath & Beyond, Ross Dress for Less and Petco.

WEYMOUTH, MA-The $16.5-million, 10-year financing requires a unique approach thanks to a building expansion option.