LITTLE ROCK, AR-With a referendum pending as the crescendo of a two-year court battle to decide the fate of the long-proposed 1.1-million-sf mall here, Simon Property Group says this week that the project "will not be built under any circumstances.
HONOLULU-Voit Development Co. of Woodland Hills, CA pays GE Capital between $4.7 million and $4.8 million for a multi-tenant industrial building here that is 97% leased.
SAN FRANCISCO-In a just-released survey, 72% of California small-business owners polled are expecting this year to be an overall better year than last year, and 37% are expecting to increase their staffing levels; however, they are concerned about the economic climate and insurance.
TACOMA, WA-As part of this city's designation as one of 28 Renewal Communities nationwide, developers eyeing projects here can begin applying next week for a piece of its Commercial Revitalization Deduction allocation from the federal government.
PORTLAND-With restaurateur Steve McLain having committed to 8,300 sf of mezzanine space for his third area restaurant, the retail portion of the city's newest Downtown office tower is all leased up.
SAN BRUNO, CA-The nine-figure transformation of the well-located retail property into a one-million-sf shopping, eating and entertainment destination starts Monday when demolition of the existing 295,000 sf of shop space begins.
TACOMA, WA-The City Council here has added three buildings to the city's Register of Historic Places, giving their owners access to a special tax abatement program.
FRENCH LICK, IN-The Las Vegas-based gaming behemoth kisses this town goodbye, saying the community's eyes are too big for the company to stomach without being profit-starved. Three others are still in the game.
RENTON, WA-A 1031 Exchange accommodator associated with Prometheus Real Estate Group of Redwood City, CA, acquires the 14-year-old property here from Waterton Associates of Chicago.
CAVAN, IRELAND-Marshall Management Inc. of Salisbury, MD, gets its third hotel management assignment for Baltimore International College and its first in Europe.