DALLAS-Shareholders get until midnight Friday or an extra five trading days in the $61-million tender offer for common stock of Transcontinental Realty and Income Opportunity Realty. The merger is settlement for a class-action lawsuit.

JACKSONVILLE, FL-The $3.5 million Nimnicht Pontiac GMC Inc. paid for the 10.6-acre tract on booming Phillips Highway equates to $330,189 per acre or $7.60 per sf, one of the highest tags in recent North Florida land transactions.

NEW YORK CITY-GlobeSt.com has learned that the deal is done, and Mitch Steir is now at the helm of Julien J. Studley Inc. Michael Colaccino and Mark Jaccom were also part of the management buyout. A new board is expected to be installed shortly.

NEW BEDFORD, MA-As part of a company-wide plan to open 475 new stores this year, Walgreens Pharmacy is leasing a 16,200-sf building on Route 6 near Cornell Street. The drugstore chain currently has one store in the town and operates 3,623 stores across the country.