CHICAGO-Landmark designation is hardly the morass of red tape its critics make it out to be, proponents of the city's effort to preserve its older buildings say. Still, some continue to chafe under the system.

AUSTIN-Lend Lease turns over the 239-room resort to the Washington, DC operator in a long-term deal with closely guarded terms. A $24-million renovation and new manager set the stage for more aggressive marketing of the Lake Travis resort.

ATLANTA-The deal for the 14-building, 300,000-sf, 88%-leased property on Hammond Drive is expected to close this quarter, area brokers tell GlobeSt.com. The estimated price is $15 million, or about $50 per sf.

MONROE TWP., NJ-The specialty pet food and supplies retailer will use the space, located in a new 528,000-SF Matrix-developed industrial building, as its Mid-Atlantic distribution center.