MIAMI-This March, Aventura-based Cabi Developers breaks ground for Everglades on the Bay, an 849-unit condo complex with 60,000 sf of retail on the prime Biscayne Boulevard parcel the landmark Everglades Hotel occupied for 72 years.

MIAMI-This March, Aventura-based Cabi Developers breaks ground for Everglades on the Bay, an 849-unit condo complex with 60,000 sf of retail on the prime Biscayne Boulevard parcel the landmark Everglades Hotel occupied for 72 years.

MIAMI-The pace of industrial leasing activity here continues to accelerate. In unrelated transactions, DHL Solutions leases a 206,000-sf building at Beacon Lakes Business Park and Software Brokers of America renews for 147,581 sf at International Corporate Park.

EDDYSTONE, PA-Mcjunkin Corp. inks a five-year lease for all 24,000 sf of Building C in a transaction valued in excess of $600,000. Delaware Valley Express relocates from Glenolden to expand to 40,000 sf of warehouse space.

WARRENDALE, PA-Gap-veteran Ken Pilot is named president of American Eagle Outfitters' still-mysterious "new concept."

MIAMI BEACH-In a merger agreement that will take LNR private, Cerberus Capital Management pays $1.9 billion in cash for outstanding shares and assumes as much in debt. This paves LNR's way to potential REIT formation.

MIAMI BEACH-In a merger agreement that will take LNR private, Cerberus Capital Management pays $1.9 billion in cash for outstanding shares and assumes as much in debt. This paves LNR's way to potential REIT formation.

GETTYSBURG, PA-A 200,000-sf expansion of the existing 240,000-sf, fully leased Gettysburg Village Factory Stores outlet center will occur in phases, beginning with groundbreaking this spring for a 40,000-sf, nine-screen theater and a 7,000-sf TGI Friday's.