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ATLANTIC CITY, NJ—Gov. Chris Christie will hold a closed-door summit here of approximately 30 politicians, casino executives, and labor leaders to discuss the crisis facing Atlantic City with three casino closures this year and another set to shut down later this month.
ATLANTIC CITY, NJ—Latitude 360, a Jacksonville, FL-based restaurant and entertainment development firm, is considering a possible purchase of the shuttered Showboat Casino here.
MIAMI—Seattle-based Nordstrom Inc. in separate announcements reports that it will open Nordstrom Rack stores of 31,000 square feet and 33,500 square feet, respectively, at The Shops at Midtown Miami and at Bowman Place in Mount Pleasant, SC.
ATLANTA—Three lease deals totaling more than 77,000 square feet have pushed the office leased rate at the One Ninety One Peachtree Tower building here to 92%.
NEW YORK CITY—Commercial brokerage firm Cassidy Turley reports that the overall Manhattan office availability rate fell 30 basis points in August to 9.4%, fueled by positive space absorption and a drop in available supply to the lowest point since December 2008.
WILMINGTON, DE—Berger Rental Communities of Wayne, PA has acquired more than 300 apartments at the Lancaster Court Apartment complex here for nearly $14 million.
BALTIMORE—CMC Investments of Ireland, the owner of the 300 E. Lombard St. here, has put the 237,000-square-foot office building on the market for sale.
ATLANTIC CITY, NJ—Recent regulatory filings by Trump Entertainment Resorts have some gaming observers speculating that a bankruptcy filing or a restructuring may be in the cards for the company.
PHILADELPHIA—Colliers International reports it has formed the Philadelphia Capital Markets Group and has hired a three-person team to run the operation from offices in Center City and Conshohocken, PA.
WALTHAM, MA—Boston-based Intercontinental Real Estate Corp. has acquired the Watermill Center office building here from the New Boston Fund Inc. for a reported purchase price of $55 million.