PHILADELPHIA-Under a leaseback agreement, AAA Mid-Atlantic will continue to occupy the 150,000-sf property for 18 months before relocating its regional office to Wilmington, DE. Turchi assigns subsequent lease-up to Flynn Co.

FORT LAUDERDALE, FL-The average price per unit in multifamily property sales throughout South Florida spiked from $89,700 at the end of last year to $125,500. 'Flips' are proliferating, and such previous deal-killers as unfavorable debt no longer impede a sale.

PHILADELPHIA-Quaker Valley Foods pays nearly $11.3 million for the 241,418-sf single-story facility on 14 acres at 2701 Red Lion Rd. The seller of the specialty industrial property is Refrigerated Foods Distribution Inc.

PHILADELPHIA-Small local restaurants represent the opening stage of a four-phase plan that leads to the revival of urban shopping.

NEWTOWN SQUARE, PA-A consortium of seven lender banks completes syndication of the unsecured revolving credit facility, which GMH can elect to bear interest at a Eurodollar rate based on Libor. It is for acquisitions and working capital.

MIAMI BEACH, FL-The 417-room resort becomes Chicago-based Falor's sixth acquisition in South Florida in a year. A partial condo-hotel conversion is planned.

ALLENTOWN, PA-This leaves just two remaining lots in the 17-lot industrial park here, and it follows the Malvern, PA-based REIT's October acquisition of three well-leased buildings in nearby Lehigh Valley West Industrial Park.

MIAMI-Adams & Adams law firm relocates from 66 West Flagler to a 12,323-sf floor and Aethra telecommunications inks a lease for 8,119 sf in the 160,000-sf building. The Downtown average asking rental rate approaches $25 per sf.