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GEORGETOWN, TX-Developer Greg Hall is courting prospective retailers nationwide for about 113 acres that he has just bought in Georgetown. A NorthMarq Capital VP, who handled a $4.3-million transaction for the buy, says Hall is wooing big boxes.
BOSTON-The plan to build a new ballpark for the Boston Red Sox here in the Fenway right next to the old one appears to be fading and potential buyers for the team are scrambling to find sites in other locations.
NEW YORK CITY-Put up for bid in April by Sara Lee to dispose on non-core assets it acquired in 1999, the six leaseholds have an average term of 20 years. The former diners range in size from 10,000 sf to 16,000 sf.
WAKEFIELD, MA-A group of local activists prevent developers from building on one of the last few remaining parcels of lakefront property here. The group raised over $1.2 million to develop a park on the site instead.
TROY, MI-New Home Depot stores here and in Orion Township will provide a retail niche for do-it-yourself builders with 120,000-sf outlets. Both donated money to local youth groups upon opening their doors.
SAN DIEGO-The CEO of retail REIT Pan Pacific Retail Properties is among six people honored as Ernst & Young's prestigious "Entrepreneur of the Year" this week in San Diego.
WOODBRIDGE, NJ-ShopRite will move from its existing 47,000-sf space into the former Caldor space at the 317,000-sf property, which is currently being retrofitted by Levin Management Corp.
ORANGE COUNTY, CA-Grupo Gigante's U.S. arm is hunting for sites in Santa Ana and Anaheim. The grocer operates more than 200 stores south of the border, making it one of Mexico's biggest grocery chains.
ATLANTA-The industry won't be generating 100,000 jobs a year for a while but the market remains more active than other national hubs, Colliers Cauble & Co. tells GlobeSt.com.
ATLANTA-Former chief financial officer Dennis Carey will oversee construction and store planning as the newly named executive vice president of business development, strategy and corporate operations where his responsibilities will include monitoring the company's real estate portfolio.