BENSALEM, PA-A 6,400-sf Red Robin Gourmet Burgers' restaurant is also under construction at O'Neill's 101-acre, mixed-use Horizon Center here. Meanwhile, Fast Track Systems inks a lease for 18,000 sf at O'Neill's Millennium III in Conshohocken.

JENKINTOWN, PA-The financial REIT's revenues in the opening quarter of the year rose to $63 million. It acquired 12 properties with an aggregate of 1.1 million sf, bringing its portfolio to approximately 18.2 million sf.

PHILADELPHIA-The Houston-based food service provider acquires an 11.4-acre parcel from PIDC, which directed demolition and environmental remediation, paving the way for an addition to Sysco's existing 195,000-sf distribution center on Packer Avenue.

BETHLEHEM, PA-The unidentified buyer of the Sherwood East & West, Town & Country multifamily complex and Winding Woods obtains approximately $21.6 million in mortgages and $5 million in JV equity to cover 96.5% of the purchase price.

FRAZER, PA-Morgan Stanley hands CB Richard Ellis the leasing and management assignment for its 442,500-sf property in Great Valley Corporate Center. For the CBRE marketing and management teams, it's deja vu all over again.

HUNTINGDON, PA-Lake Raystown Plaza and Huntingdon Plaza, with an aggregate 230,600 sf, fill Cedar Shopping Centers' continuing appetite for grocery-anchored shopping centers in Pennsylvania. It pays $12.7 million and buys room to grow.

WEST CONSHOHOCKEN, PA-In partnership with Eaton Vance Management, Denver-based ProLogis, the world's largest industrial REIT, acquires locally based Keystone Property Trust, adding approximately 34 million sf to the ProLogis 247-million-sf global portfolio.

BENSALEM, PA-Joint-owners Orix Real Estate Equities and Wilkinson Development sell the 332,116-sf, fully occupied shopping center for an undisclosed price. Data from Marcus & Millichap suggests it was in excess of $100 per sf.