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DIAMONDHEAD, MS-Through its wholly owned subsidiary Casino World Inc., Diamondhead Casino Corp. of Madeira Beach, FL intends to develop a destination casino resort at its 404-acre site on the Bay of St. Louis in Diamondhead.
PHILADELPHIA-The 910,000-sf, two-story processing and distribution center will rise on 70 acres in the Eastwick section of south Philly and replace the existing center across from Amtrak's 30th Street Station. The University of Pennsylvania has its eye on that property.
ORLANDO-The Fifteen Group LLC of Miami Beach pays affiliates of Dallas-based Olympus Real Estate Partners $18 million for two southeast Orlando properties totaling 599 units. Citigroup Global Markets Realty Corp. provided a $17 million loan for the acquisition.
LANSING, MI-The state of Michigan's top attorney weighs in against Indiana's top attorney, the latest volley in the no-holds-barred fight over the attempted takeover of Taubman Centers by Simon Property Group.
METHUEN, MA-Taurus Investment Holdings LLC buys two facilities totaling 228,000 sf from Parlex Corp. for $12 million. The sale/leaseback deal is part of a $300 million fund being created by the Boston-based real estate investment firm.
FORT LAUDERDALE, FL-The large project mechanical contractor is taking 20,135 sf in the Lakeshore III building here. In the move, the company is consolidating its nearby existing offices and expanding.
SAN FRANCISCO-A partnership of Oxford Lodging Advisory & Investment Group LLC and one of the Goldman Sachs-sponsored Whitehall Street Real Estate funds acquires the Pan Pacific San Francisco and announces plans for a $4-million upgrade.
DESTIN, FL-The national vacation resort property manager, preparing to be acquired by Nashville-based Gaylord Entertainment Co., reports net income of $1.3 million versus $2.2 million in the second quarter last year. Revenue per available unit, however, was up 3.8%.