STERLING HEIGHTS, MI-A Super Kmart anchor, which has been dark since 2004, has been sold to Ladvas Properties south of the $7.5 million ask. The Kmart building is an anchor of the 420,000-sf Shops at Sterling Ponds, a power retail center.

STERLING HEIGHTS, MI-A Super Kmart anchor, which has been dark since 2004, has been sold to Ladvas Properties south of the $7.5-million ask. The Kmart building is an anchor of the 420,000-sf Shops at Sterling Ponds, a power retail center.

HOUSTON-Cypress Creek Hospital, a private psychiatric and drug abuse treatment facility, renews 4,367 sf of office space after aggressive negotiations by tenant rep wins a slight reduction in the quoted lease rate and a TI allowance.

HUMBLE, TX-Atascocita Plaza, a once beat-up center, gets a second chance with an $800,000 facelift that tempts retailers and restaurateurs to join the lineup. With three deals put to bed, talks are under way for four renewals and three more prospects.

HUMBLE, TX-Atascocita Plaza, a once beat-up center, gets a second chance with an $800,000 facelift that tempts retailers and restaurateurs to join the lineup. With three deals put to bed, talks are under way for four renewals and three more prospects.

PHOENIX-A local investor, armed with 100 condo reservations, sits down at the closing table to buy the Springs at Yorkshire from its Santa Monica, CA developer, who reaped $4.5 million more than the list price for his last multifamily holding.

CHESTERFIELD TOWNSHIP, MI-Three years after he builds a 34,946-sf freestanding industrial building on spec, a private developer sells it for $2.1 million, below the asking of $2.24 million.

DETROIT-Local CPA company, Wolinski & Co, has renewed its tenancy at 300 River Place, a 500,000 sf class A office property. Though vacated during the early 2000s, leasing activity is starting to pick up at the location.