DETROIT-An upcoming Marcus and Millichap report for the fourth quarter 2000 will say the booming

DETROIT-A contract to build an office park project in Ann Arbor is going to Kojaian Properties of Bloomfield Hills after legal wrangling with city prompted MAV Development to dump the project.

DETROIT-The new designated areas will give businesses more tools to begin and continue development there. Boundaries of Renaissance Zones in Detroit as well as across the state were widened.

DETROIT-The Ann Arbor-based REIT specializing in long-term net-leased restaurant and retail properties declared a 38-cents-per-share dividend for the fourth quarter, in line with what it paid out through the fourth quarter of 1999.

DETROIT-Eight "underperforming" stores in Michigan, most in the Detroit area, will be closed by the office supply retailer. Meanwhile, the company plans to open 50 new stores.

DETROIT-Mall owners looking to bring new life to their shopping centers will be among the bidders when leases on Montgomery Ward stores are offered to the highest bidder at bankruptcy court proceedings.

DETROIT-LaBelle Management Inc. of Mt. Pleasant buys six Bennigan's franchises from Metromedia Restaurant Group of Plano, TX and has plans to add more than 20 new franchises in Michigan, Ohio and Wisconsin.

DETROIT-An amusement park that fell on hard times is being transformed into a $500-million residential and commercial development. The entire project could take as long as 30 years to complete.