Globest Sectors

ST. JOSEPH, MO- The R.H. Johnson Co. and RED Development are preparing to break ground this fall on The Shoppes at North Village a 595,000-sf retail center that mixes entertainment, dining and big-box and specialty retailers on a 60-acre site next to a Wal-Mart Supercenter in north St. Joseph.

CENTENNIAL, CO-The California-based Triple Net picks up more than 130,000 sf in a 1031 deal in this Arapahoe County suburb, south of Denver.

NORTHRIDGE, CA-A family trust acquires the shopping center from Santa Monica's Doerken Properties, a retail specialist.

ORLANDO-The three-year-old New York-based airline plans to break ground in the next 12 months on an 80,000-sf flight-training center and a 70,000-sf hangar near the recently completed Heintzelman Boulevard on the east side of Orlando International Airport.

WALTHAM, MA-Cornerstone Mortgage leases 7,200 sf at 196 Bear Hill Rd. The company, which signed a ten-year lease, needed additional space for growth and was looking for a stand-alone building.

HOUSTON-I-Hop, Sonic and Whataburger have committed to pad sites at Spring Cypress Crossing in far northwest Houston and negotiations are under way for additional retailers at the center.

NEW DEHLI, INDIA-Heeding its clients' interest in tapping India's English-speaking, highly educated workforce, the international corporate real estate advisor forms an exclusive partnership with a New Dehli-based real estate services company.

DIAMONDHEAD, MS-Through its wholly owned subsidiary Casino World Inc., Diamondhead Casino Corp. of Madeira Beach, FL intends to develop a destination casino resort at its 404-acre site on the Bay of St. Louis in Diamondhead.