Globest Sectors

SHARON, MA-The local conservation commission sponsors a plan to seize a 347-acre parcel here, known as Rattlesnake Hill, by eminent domain. The town had attempted to purchase the site last year but the proposal was defeated at the polls.

FALLS CHURCH, VA-All 70,900 sf of the 18-year-old The Corner at Seven Corners shopping center sells in an $11.9-million transaction. Owner Terranomics Development succeeded with the help of Marcus & Millichap Real Estate Investment Brokerage Co.

RICHMOND, VA-Multifamily REIT United Dominion Realty Trust, Inc. closes on a $72 million Freddie Mac revolving credit facility, and then sells 3 million shares for a $42.3 million profit.

ATLANTA-Stacey Corso, editor of Real Estate New York, a monthly Real Estate Media Inc. publication, will handle all aspects of commercial real estate in Atlanta's eight-county market, along with breaking major industry news in other Southeast areas. Corso may be reached at 212-929-6900 or [email protected].

SAN DIEGO-A report by Burnham Real Estate Services shows that the bright spot in the San Diego real estate market continues to be apartments.

WEYMOUTH, MA- Scotts LawnService, a division of Scotts Co., acquires The Lawn Company, marking the Ohio-based company's expansion into the Greater Boston area. The Lawn Company has three locations in the state--here and in South Dennis and in Sagamore Beach.

PHOENIX-A Pontiac dealership targets 12,600 sf at Mesa's Superstitions Springs Commerce Center II while an electrical parts distributor lines up 8,025 sf at Pinnacle Peak Commerceplex in Phoenix.

HOUSTON-Trimark Realty Investments' $48.2-million refinancing is driving a buying spree that has 1,400 units in Dallas-Fort Worth under contract and offers out on seven more Houston properties. Trimark says there's enough liquidity for 2,000 to 3,000 units.