Last Updated: September 23, 2005 07:21pm ET

Staubach Affiliate Wins Bidding War, Plans 400,000-SF Power Center

PEORIA, AZ-Cypress Equities West places a winning bid of $13.5 million in a face-off for a 55-acre ground lease with the Arizona State Land Department, which reels in 25% more than the land value and an extra $65 million in rent over the term.

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Dalian Wanda Takes AMC Theaters for $2.6B

BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.