Staff and Wire Reports

The 737,000 sq. ft. Fountain Walk retail project is attracting major tenant interest. In addition to more than a dozen lease commitments from national retailers, the 77-acre outdoor mall in Novi, Mich., has added...

Sun Microsystems has hired New York-based Cushman & Wakefield Inc. to manage its 11 million sq. ft. office and industrial portfolio. The contract is effective Oct. 1...

An eight-alarm blaze destroyed a significant portion of San Jose, Calif.’s Santana Row shopping and housing complex Monday — just one month before its planned grand opening. No one was killed in the fire, although...

Former Equity Office head Timothy Callahan has been named president and CEO of Trizec Properties Inc., in an appointment effective immediately. Callahan replaces Christopher Mackenzie, who resigned from his post to...

Atlanta-based IDI Eastern Region has acquired 95 acres in the west Atlanta submarket for the development of CampCreek Distribution Center, a 1.3 million sq. ft. industrial park. The price was undisclosed...

Home Depot and Vons will be the first two anchors at Eastvale Gateway, an 820,000 sq. ft. community center in Southern California’s Inland Empire. The cost was undisclosed...

Besieged regional discount chain Ames announced today it plans to liquidate and close all of its remaining 327 stores within the next 10 weeks. Competition from savvy discounters such as Kohl’s proved to be more than...

Arlington, Va.-based Mills Corp. recently announced funds from operations for second quarter 2002 were up 3.9% to $0.72, but the REIT’s most interesting news flash came out of the human resources department. Mills...