TROY, MI-The spaces could go fast, one analyst says. But a REIT observer questions their locations.

CLEVELAND-Developers Diversified Realty contributes a 90% interest in 12 centers to a joint venture with Prudential Real Estate Investors. The duo has teamed on nearly $900 million in joint ventures.

CLEVELAND-Developers Diversified bought the centers from Benderson and JDN. DDR and Prudential close to $1 billion in JVs.

BOSTON-Equity One closes on its first centers outside of Southern states. All of the grocery-anchored properties are high-quality, an observer says.

BOSTON-Equity One closes on its first centers outside of Southern states. All of them are high-quality, an observer says.

NEW YORK CITY- Retailers last month posted a 2.4% same-store sales gain, an ICSC report says. Apparel took the hardest hit, with a 1.1% drop.

MINNEAPOLIS-A Piper Jaffray report also finds that iPods and Sony's PS2s are hot. But parents are also spending less on their kids.

LITTLE ROCK, AR-Saks plans to open a Parisian unit here in 2006, its first store in the state. The 120,000-sf store will be part of Pleasant Ridge Town Center, a 300,000-sf lifestyle center.