QUAKERTOWN, PA-In unrelated transactions, Monmouth Capital Corp. buys a fully leased 37,660-sf building here for $2.4 million, and PJM Enterprises acquires an 18,000-sf building in Lester, PA for just under $1.2 million.

MIAMI LAKES, FL-The value of the 20-year lease in Town Center here is $2.4 million. The chain plans a 210-seat restaurant. Meanwhile, a gas station operator pays $1.3 million for a 1.7-acre outparcel at Flagler Park Plaza.

WYOMISSING, PA-The slot machine facility at Penn National Race Course will open with 2,000 machines in early 2006 and is expected to produce $160 million in its first year. At full build-out, 5,000 slots up the ante.

HAWTHORNE, NJ-New owner, Sun Capital, rescues the struggling chain, vowing to make it a contender in the thriving crafts market.

FORT LAUDERDALE, FL-The buyer pays $138 million, just over $294 per sf--the highest price ever here--for the 350 and 450 Las Olas buildings, exceeding the cost of its January Downtown acquisition by $109 per sf.

PHILADELPHIA-Portland, OR-based Heritage Consulting Group, already involved with area landmarks, assists owners of income-producing historic real estate assets to maximize property values through the use of federal tax incentives and other benefits.

FORT LAUDERDALE, FL-Rothstein Rosenfeldt will move into 9,569 sf at Bank of America Plaza in January, taking occupancy of the 23-story, 365,924-sf class A space to 80%. The asking rental rate is $23 per sf.

PHILADELPHIA-The 515-room luxury hotel on City Ave. and Monument Rd. will cease operations on Jan. 30. It is the hotel chain's 17th closing this year. The Minneapolis-based mega-retailer's plans and the price tag are undisclosed.