For more information, contact Reza Etedali, Sperry Van Ness, 18881 Von Karman, Suite 800 Irvine, CA 92612; 949-250-4100, Fax 949-251-9200; Email: etedalir@svn.com; Web site: www.piersidepavilion.info.

Colliers International is marketing a 7.4-acre property in Reno, NV. The site, which is located within the South Meadows Business Park, is available for sale, lease, build to suit or joint venture. The asking price is $10.50 psf to $15 psf. Parcel sizes ranging from 0.8 acre to 4.5 acres are available.

For more information, contact Dewey Struble or Phil Glenn, Colliers International, 5310 Kietzke Lane, Suite 105, Reno, NV 89511; 775-823-9666, Fax 775-823-4699; Web site: www.colliersreno.com.

National Net Lease Realty is marketing a CVS in Statesville, NC. The buyer will assume an existing loan of $1.85 million with $830,000 down and rent increases. Cash flow will increase to $63,536 in 2004. The company also is seeking CVS locations with rent increases.

For more information, contact Terry Marks, National Net Lease Realty, 4729 Libbit Avenue, Encino, CA 91436; 818-905-5597, Fax 818-905-5596; Email: info@terrymarks.com; Web site: www.terrymarks.com.

For more information, contact Marvin Raidman, 32-01 College Point Boulevard, Flushing, NY 11354; 718-461-9600, Fax 718-461-8926.

Glimcher Realty Trust sold Georgesville Square, a 241,000 sq.ft. community center in Columbus, OH, for $19.6 million. The purchaser assumed the existing $15.9 million mortgage, which carried a fixed interest rate of 8.52%. The company is using the proceeds from the sale to pay down a floating rate bridge loan facility.

For more information, contact Glimcher Realty Trust, 20 South Third Street, Columbus OH 43215; 614-621-9000, Fax 614-621-9311; Web site: www.glimcher.com.

Jack Lupo Realty Co. represented ACS Development Corp. in the sale of Center Seven, a strip center located at 5070 North Federal Highway in Deerfield Beach, FL. Sarl Investments, Inc. acquired the center for $1.07 million. The company also represented EA Enterprises, Inc., a subsidiary of Ethan Allen, Inc., in the sale of a 16,100 sq.ft. retail property in Lighthouse Point, FL. The property was acquired for $625,000 by the owner of a chain of marital arts training facilities.

For more information, contact Jack Lupo Realty Co., 190 West Glades Road, Suite C, Boca Raton, FL 33432-1642; 561-391-8244, Fax 561-391-8885.

Pace Properties, Inc. is listing five single-tenant, net-leased properties in the St. Louis, MO metro area. Each property has an absolute net lease with Value City Department Stores, Inc. through January 2020. The properties are located in Ballwin, University City, Bridgeton and Florissant, MO and Collinsville, IL. The asking prices range from $1.52 million to $5.9 million and have Cap rates in the 10% range.

For more information, contact Scott Seyfried or Joe Ciapciak, Pace Properties, Inc., 1401 South Brentwood Boulevard, Suite 100, St. Louis, MO 63144; 314-968-9898, Fax 314-968-5050; Email: sseyfried@paceproperties.com; Web site: www.paceproperties.com.

Developers Diversified Realty and Coventry Real Estate Partners acquired Prudential Real Estate Investors’ 74.25% joint venture interest in The Village Shoppes of Salem in Salem, NH. The 170,000 sq.ft. shopping center is anchored by Best Buy, Linens ‘n Things, Michaels and Comp USA.

For more information, contact Developers Diversified Realty, 3300 Enterprise Parkway, Beachwood, OH 44122; 877-225-5337; Web site: www.ddrc.com.

RioCan Real Estate Investment Trust acquired 50% interests in five retail centers in Canada totaling 1.465 million sq.ft. The centers were acquired from companies affiliated with The First Professional Group for about $84 million. The five centers include the 300,000 sq.ft. Ajax Wal*Mart Centre in Ajax, Ontario; the 230,000 sq.ft. First Warden Shopping Centre in Scarbrough, Ontario; the 185,000 sq.ft. Leamington Wal*Mart Centre in Leamington, Ontario; the 450,000 sq.ft. Laval Wal*Mart Centre in Laval, Quebec and the 300,000 sq.ft. Sainte Foy Wal*Mart Centre in Sainte Foy, Quebec.

For more information, contact Edward Sonshine, RioCan Real Estate Investment Trust, The Exchange Tower, Suite 700, PO Box 378, 130 King Street West, Toronto, Ontario, Canada M5X 1E2; 416-866-3033, Fax 416-866-8567; Web site: www.riocan.com.

The Goldstein Group is marketing a 15,000 sq.ft. Walgreens location in Essex County, NJ. The NNN 20-year lease with increases has a Cap rate of 8%. In Jacksonville, FL, the company is marketing a 94,000 sq.ft. retail property with a NNN nine-year lease with increases and an 8% Cap rate.

For more information, contact Wayne King or Justin Manjorin, The Goldstein Group, 2100 Route 208, Fair Lawn, NJ 07410; 201-703-9700, Fax 201-703-9678; Email: rwking@thegoldsteingroup.com or jmanjorin@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com.

Craig Michael’s International is marketing a Wal*Mart-anchored shopping center in AR. The center is 100% leased with a 16% yield. Only principal buyers should inquire.

For more information, contact Michael Sweitzer, Craig Michael’s International, 929 71st Street, Suite A5, Brooklyn, NY 11228-1113; 718-745-1181, Fax 253-550-8577; Email: crmichaels@aol.com; Web site: http://home.earthlink.net/~thesovereign/crmichaels.

United States Realty Management Corp. acquired the 200,000 sq.ft. Pleasantville Center located on the Black Horse Pike between Devins Lane and Doughty Road in Pleasantville, NJ. The company is formulating conceptual plans for the shopping center, including complete facade renovations to create a village square effect, as well as a plan to redesign parking lot traffic flow. The company also signed leases with two new tenants: Dunkin Donuts/Baskin Robbins/Togo’s and International Supermarket.

For more information, contact United States Realty Management Corp., 450 Seventh Avenue, 45th Floor, New York, NY 10123; 212-244-6650, Fax 212-244-6651.