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.

ORLANDO-Captain D's of Nashville, TN and Fired Up Inc. of Austin, TX are two of the newest players separately trying to build market share and break in on the local turf. They may be shocked at the sticker prices on some of the prized dirt, area brokers tell GlobeSt.com.

ROSEVILLE, MN-The residential development firm says its backlog and new orders are down slightly during the quarter ending March 31. Company officials are nonetheless pleased. For the year, Rottlund's net income was up 44%.

AUSTIN-Austin-based Aperian is selling data centers in Dallas, Atlanta, Tampa and Phoenix. Aperian's conference call provides insight to the disposition amid an unfolding new strategy to team with third-party providers.