CHICAGO-Recovery may be at least three years away, suggests Grubb & Ellis SVP and director Sven Sykes, but not until a game of musical chairs takes place before then as anchor tenants of new buildings begin to move, adds Prudential Real Estate Investors VP of acquisitions Collete English Dixon.

LANGHORNE, PA-OXV Associates gets $3.65 million for the Oxford Valley Shopping Center on a major Bucks County highway in this suburb. Magellan Realty inherits Boston Market, NovaCare and Saladworks as major tenants.

TREVOSE, PA-Amerimar Enterprises and Angelo, Gordon & Co. acquired the 213-room Holiday Inn Select Bucks County from Arlington, VA-based MeriStar Hospitality Corp., which shed four properties and 826 keys for $34 million.

HUNTLEY, IL-The owner and operator of power centers sells 225 acres at the Northwest Tollway and Route 47 to McHenry-based Reiche Partners LLC for $10.3 million, leaving it with about 430 acres near Del Webb Corp.'s master-planned Sun City community.

PHILADELPHIA-Marcus & Millichap's research notes the median price per unit rose more than 7% last year to $45,000. Although the figure dropped to $25,000 in North Philadelphia, that submarket promises long-term appreciation.

ELGIN, IL-The 100,342-sf store at I-90 and Airport Road, once owned by Indianapolis-based retail REIT Simon Property Group, is acquired by Life Storage Centers for $5 million for a container store as well as climate-controlled storage space.

OAK BROOK, IL-While two triple-net-leased Eckerd drug stores in Oklahoma command the highest price per sf, a Shaw's Supermarket in New Britain, CT, sells for $13.7 million, or $209 per sf.

PHILADELPHIA-CEO Ronald Rubin will be joined in the role of chairman by executive vice president of retail Joseph Coradino, CFO Edward Glickman, PREIT-Rubin president and secretary George Rubin as well as president and COO Jonathan Weller.