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WASHINGTON, DC-Dipping consumer confidence has led most retail real estate companies to lower expectations this year, but an analyst says because of long-term leases, most are somewhat buffered by lagging retail sales.

ATLANTA-The 28-year-old California-based development and investment firm is transferring vice president Court Thomas from corporate to head the new division.

LOS ANGELES-The giant homebuilder hires Santa Monica-based investment banker Saybrook Capital LLC to sell or devise other "strategic alternatives" for the massive parcel in North County's Antelope Valley. The master-planned development has nearly 5,000 buildable lots.

WASHINGTON, DC-Perkins Coie opts to restructure and extend its lease at the Westory Building at 607 14th St. NW, which is undergoing an expansion from 180,000 sf to 238,000 sf.

CHARLOTTE-Undeterred by high vacancy rates and ongoing construction, the Raleigh, NC-based REIT buys a 56-acre tract from automotive supplier Collins & Aikman for $9 million or $160,714 per acre ($3.69 per sf).

GRESHAM, OR-The Torrance, CA-based retail developer and owner of several local shopping malls is expected to announce a major anchor tenant for a new mixed-use development here, and well as the relocation of its headquarters to the project.

KANSAS CITY-Two more alleys are shutting down their lanes, leaving 27 in the market. That's down from an all-time high of 55. Financial reasons and a lease non-renewal are blamed for the most recent closings.

Heavy Pre-Leasing for 3-Building Office Complex