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ATLANTA-After 12 months of searching for an all-star retail roster to occupy its planned 1.4 million-sf site at the open-air mall in Forsyth Center, the developer tells local government officials that the project may be delayed beyond the scheduled 2006 opening date.
DALLAS-The stack of deals range from 1,271 sf to 8,000 sf for properties as far north as Frisco to as far south as Temple, the newest location for close-out retailer Tuesday Morning. Regency Centers closes four in the stack for DFW properties.
FLAGLER BEACH, FL-The one-year-old, Las Vegas-based entrepreneur is paying Flagler Beach, FL owner Rosemary Williams Hardman no hard cash in the $500,000 acquisition of her trademarked pet business on 5.47 acres at 711 John Anderson Highway. The buyer is giving the seller a promissory note for $200,000 and company stock valued at $300,000.
JERSEY CITY-Xtra, a specialty grocery chain, is set to take over the 50,000-sf store vacated by CitiMarkets in this city's Martin Luther King Drive Hub, a redevelopment project.
JACKSONVILLE, FL-The 32-acre Southside hospital campus expects to break ground in two months on a 250,000-sf hospital and an 80,000-sf physicians' office building in the 1,022-acre Flagler Center at Interstate 95 and Old St. Augustine Road.
LOS ANGELES-The Modesti family, which has operated on the site for 30 years, sells one corner property and moves to another. Several offers surfaced for the prime corner, but the winner was Peretz Properties of LA.
PHOENIX-Mike Kumelski of Trammell Crow Co. is one of 10 nationwide selected for the national advisory board of ICSC's "Next Generation Program." The program will be rolled out at the May convention in Las Vegas.
FAIRFAX COUNTY, VA-The firm is adding two new retail centers to its portfolio with the $31 million purchase of South Valley Shopping Center and Mount Vernon Plaza from separate owners. The adjacent properties account for 213,000 sf and 257,000 sf, respectively.
WASHINGTON, PA-Gander Mountain of Bloomington, MN has signed a lease with Crown American Realty Trust to locate their superstore concept here in the former Ames Department Store space at Washington Crown Center.