LONDON-Italian kitchen company Baumatic has taken a 50,000-sf distribution unit at the Omega distribution scheme in Didcot, Oxfordshire, developed by Albion Land and the Diageo Pension Scheme.

ORLANDO-Good apartment development sites continue to be in short supply in some growth areas but leading the 2003 recovery in the Southeast will be Atlanta, Austin, Charlotte, Dallas, Memphis, Nashville, Orlando and Raleigh, the Central Florida chapter president of NAIOP tells GlobeSt.com.

PALM SPRINGS, CA-Newly formed Epix Hotels & Resorts of Scottsdale, Ariz., buys the entertainer's 14-acre resort for an undisclosed price and plans a reopening. Griffin acquired the Givenchy in 1998.

SAN JOSE-Pacific Property Company acquires a five-property apartment portfolio in San Jose for $13.65 million. The properties hold a combined 100 units and are located within six miles of each other.