LONDON-Menswear retailer Austin Reed Group has unveiled redevelopment plans for its brand flagship store on London's Regent Street. The store is to be extended to 32,250 sf and 13,000 sf of speculative offices will be built on the upper floors.

AUSTIN-The retailer of women's clothing joins a growing list of national retailers at Round Rock shopping center, part of a 329-acre mixed-uses development here with hotel and office uses in addition to retail.

ATLANTA-Phoenix Business Park LLC paid the Rahway, NJ-based developer/investor $7.2 million for the 110,952-sf property at 2700 Northeast Expressway, off Interstate 85 in northeast Atlanta.

DALLAS-The post-Sept. 11 future of commercial real estate, says Society of Industrial and Office Realtors president Steve Blau, is more properties "are concentrated increasingly in fewer and fewer hands.