Globest Sectors

FOREST HILLS, NY-The centers sold include such national tenants as Gap and Staple and are part of a reverse 1031 exchange with a center in Charlottesville, VA.

FLOWER MOUND, TX-Granite begins work on 90,200-sf and 61,800-sf buildings in the park after several tenant prospects clamor for new yet smaller distribution spaces.

DALLAS-Transwestern Dallas and Delta Associates kick off the forecast season, predicting the region's fundamentals stay in the black as the nation's economy slows.

ORLANDO-The Hollywood Plaza Shopping Center, which traded hands for $17 million, is 100% occupied.

NEW YORK CITY-After a 90-day RFP period, five bidders submit proposals to be evaluated by MTA staff and Hudson Yards Development Corp.

EASTON, PA-The Lightstone Group inks leases with three new tenants for its 25th Street Shopping Center, which is located downtown off Rte. 22.

NEWARK-Summit Associates will break ground in 2008 for the new development on a 42-acre site recently acquired from Coca-Cola.

LOS ANGELES-With the subprime consequences on full display in the housing market, experts hypothesize what it will mean for the multifamily market.