NEW YORK CITY-Mayor Michael Bloomberg led a ribbon-cutting ceremony for the 6,300-sf Ann Taylor Loft at 2 Broadway earlier today. The event marked the first brand name retail store to open in Lower Manhattan since Sept. 11.

MINNETONKA, MN-The 2.5% increase in revenue from its mortgage loans to non-profit religious organizations allows the REIT to declare a $0.20625 per share dividend, representing a yield of 8.25%.

ORLANDO-By June 1, elected officials are scheduled to close on Jetta Point, a prime 43-acre tract at State Road 434 and the Central Florida GreeneWay, for $4.3 million or $2.30 per sf, a steep price for local governments which generally pay under $1 per sf, area brokers tell GlobeSt.com.

NAPERVILLE, IL-"We're selling land sites to a group of retailers who for whatever reason, want to be next to each other," says CenterPoint Properties Trust president and chief operating officer Michael Mullen in an earnings conference call.