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LONDON-Xscape, Capital & Regional's 550,000-sf leisure and retail complex in Milton Keynes, Buckinghamshire, is now fully let. The final 31,000 sf has been leased to Luminar Leisure as a night club.
GLENDALE, AZ-AJ's Fine Foods has signed on as the anchor tenant for the planned Village at Arrowhead in Glendale. Now that a 30,000-sf high-end grocer is on board, the leasing game plan now is to push full throttle to round out the mix.
ORLANDO-The stock exchange deal with Destin, FL-based North Florida Consulting Inc. has an estimated value of $27 million and is scheduled to close no later than Sept. 30.
IRVING, TX-FelCor says it's too early to tell if a killed $2.7-billion merger with MeriStar Hospitality Corp. will ever return to the table. FelCor is set back $15 million for the decision, but the full impact won't come out until a third-quarter conference call.
NOVI, MI-Landon Development Corp.'s planned $75-million Promenade will offer 375,000 sf of retail in a city already nearing its saturation point with shops. City officials would have preferred light industrial development.
LOS ANGELES- Coogi Australian Inc. inks a lease to occupy 40,000 sf in a Santa Clarita industrial facility. Vacancy rates countywide continue to hit low single digits, as there is little room for new development in LA's tight industrial market.
SALEM, OR-In the wake of the terrorist attacks, the OTC expects to quickly announce an action plan that will minimize negative impacts and take advantage new opportunities in the marketplace.
ATLANTA-Turner Broadcasting System and Omni Hotels of Irving, TX plan to spend about $93,457 per room in making the new 28-story, 600-room addition to the existing 14-story, 470-room hotel the second largest in the city behind the 1,675-room Marriott Marquis.
ORLANDO-A growing number of distribution center consolidations mean some owners will need customized 500,000-sf-plus properties at key transportation hubs to better manage their assets, brokers tell GlobeSt.com.