SAN ANTONIO-Marian and Loren Chamberlain buy the retail site from developer, Novasource Development of Salt Lake City. The price no doubt is tied to positioning in a hotbed of retail activity on San Antonio's north side.

LONDON-An architectural competition has been launched to solve the problem of cramming extra retail space into Edinburgh's historic Princes Street. The city council and Dutch developer MAB are looking for design solutions which will allow 160,000 sf of new retail space to be created underneath the existing street.

LOS ANGELES, CA-A new report by Grubb & Ellis says 20% of the empty office space in the L.A. basin is sublease space. The report cites "good reason for continued unease," but says the L.A. situation is slightly better than the national average.

SOMERSET, NJ-The separate transactions, arranged by Colliers Houston's Central New Jersey office here, are topped by a lease for just over 44,000 sf of distribution space in Moonachie, NJ.