Deal Name: Bear Stearns Commercial Mortgage Securities Trust

Minneapolis Star-Tribune Grubb & Ellis plans to spend $4 million to renovate the Northstar Center, an 814,000-square-foot mixed-use complex in downtown Minneapolis. Planned renovations include upgrades to the parking ramp, restoring the property's façade and cleaning the building's exterior. Grubb ...

Crain's Chicago Business Former Grubb & Ellis chairman Anthony W. Thompson is seeking a return to the company's board. In a letter sent to Grubb's chief executive officer and board last week, Thompson said he has "watched in shock" the ...

Corus Bank has provided $27.5 million of construction financing to Madison Equities for the development of Irving Place, a posh nine-unit residential condominium property in Manhattan's Gramercy Park neighborhood. Madison Equities is led by Robert Gladstone, who previously developed the ...

Indianapolis Star Simon Property Group has begun construction on Cincinnati Premium Outlets, a 400,000-square-foot outlet shopping center in the Cincinnati suburb of Monroe, Ohio. The mall, which will sit on State Route 63, will have more than 100 shops.

Houston Business Journal Glazier Foods Inc. has sold its 286,000-square-foot headquarters building in Houston. The Houston food distributor sold the property to GSL Welcome Group LLC for an undisclosed amount. Glazier will continue to the lease the 33-acre property and ...

Dallas Business Journal A 188-acre mixed-use project has been approved for the Dallas suburb of Prosper, Texas. The open-air project is expected to have an undisclosed amount of retail, restaurant, office and residential space. A 10-acre lake, amphitheater and walking ...

Dallas Morning News The North Texas area has some 40 million square feet of vacant industrial space available, according to a study by local broker Jim Struble, who estimates that developers are working on adding some 17 million sf to ...

Denver Business Journal A Vancouver, Wash., investor group has paid roughly $13 million for the Tollgate Creek Apartments, a 165-unit multifamily property in Aurora, Colo. The group purchased the property from Baron Properties LLC of Greenwood Village, Colo. Tollgate Creek ...

Louisville Courier-Journal Senior Care Inc. is planning to add a seniors-housing complex to its Oaklawn Nursing and Rehabilitation Center at 300 Shelby Station Drive in Louisville, Ky. Its plans call for independent-living retirement villas ranging in size from 1,900 square ...

Atlanta Journal-Constitution The Williams family of Suwanee, Ga., is planning to develop Big Creek Resorts, a resort-style community in the Atlanta suburb of Buford, Ga., that will include 684 residential units and a 30,000-square-foot village-style retail property. Because of its ...