MINNEAPOLIS-The theater needs to convince the Minnesota Legislature to provide $35 million in state bond financing to help pay for the 225,000-sf building, designed by French architect Jean Nouvel.

VALENCIA, CA- Regency Centers, a national owner, operator and developer of grocery-anchored shopping centers, has closed on 10.9 acres of raw land for a future neighborhood shopping center development.

LOS ANGELES-The Los Angeles-based office real estate investment trust reports that funds from operations for the entire year were 6.4% higher than 2000. Same property net operating income was up by 5.4%.

CHARLESTON, SC-Jupiter Realty Corp. picked up 249 units in two 27-year-old properties for $9.9 million from Stinson Partners LP and Longbranch Limited Partnership of Charleston.