BAJA CALIFORNIA—GlobeSt.com has learned that First Capital Real Estate Investments plans to acquire the Punta Brava Golf & Surf Club project and invest roughly $35 million to develop the property into a golf course, dining venues, private hotel, estate lots and more.

WASHINGTON, DC--It is opening a 44,000 square foot theater at MRP Realty's Bryant Street development along the Rhode Island Avenue corridor.

NEWPORT BEACH, CA—Online shopping is shifting the fundamentals and demand for traditional retail, and investors who realize this focus on e-commerce-resistant tenants in the entertainment and lifestyle sectors, SRSRE's Matt Mousavi and Patrick Luther tell GlobeSt.com.