AUSTIN-A Los Angeles-based family investment group has secured its first Austin property and more are being eyed. The $19.1-million buy had one hitch, the loss of Regal Cinema midway through the talks. A replacement tenant is being actively pursued.

LONDON-The foot and mouth crisis, which has already ravaged many rural economies, is set to hit the UK hotel market.

NORTH MIAMI BEACH-The locally based real estate investment trust has signed a definitive stock exchange agreement to acquire the US shopping center operations from a subsidiary of Canadian-based Centrefund Realty in a stock deal valued at $121 million.

LOS ANGELES-A locally based investment company has acquired retail and industrial properties in Northridge and Thousand Oaks as part of a tax-deferred 1031 exchange valued at $2.7 million.