Globest Sectors

ATLANTA-James Creek, a planned 939-home project by PEC Development Group of Cobb County, is scheduled to have 15 acres of commercial space, 300 townhomes and 639 single-family residences on a 343-acre site between GA 20 and Old Atlanta Road. A fall groundbreaking is scheduled.

REDMOND, WA-The Northwest office of the Phoenix-based multifamily operation manages approximately 1,700 units in six apartment communities in the Northwest and is looking to grow its presence.

ST. JOSEPH, MO- The R.H. Johnson Co. and RED Development are preparing to break ground this fall on The Shoppes at North Village a 595,000-sf retail center that mixes entertainment, dining and big-box and specialty retailers on a 60-acre site next to a Wal-Mart Supercenter in north St. Joseph.

CENTENNIAL, CO-The California-based Triple Net picks up more than 130,000 sf in a 1031 deal in this Arapahoe County suburb, south of Denver.

NORTHRIDGE, CA-A family trust acquires the shopping center from Santa Monica's Doerken Properties, a retail specialist.

ORLANDO-The three-year-old New York-based airline plans to break ground in the next 12 months on an 80,000-sf flight-training center and a 70,000-sf hangar near the recently completed Heintzelman Boulevard on the east side of Orlando International Airport.

WALTHAM, MA-Cornerstone Mortgage leases 7,200 sf at 196 Bear Hill Rd. The company, which signed a ten-year lease, needed additional space for growth and was looking for a stand-alone building.

HOUSTON-I-Hop, Sonic and Whataburger have committed to pad sites at Spring Cypress Crossing in far northwest Houston and negotiations are under way for additional retailers at the center.