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ORLANDO-Darden Restaurants Inc. (NYSE:DRI) has closed on a $5 million contract to purchase the assets of King Henry's Feast, a shuttered, 14,000 sf, 500-seat dinner attraction in Orlando's tourist corridor near Walt Disney World. The acquisition plans were reported exclusively by GlobeSt.com on Aug. 8.
SANTA CLARA, CA-A partnership of three regional developers said this week that they would donate a total of $400,000 worth of profits from home sales to the Housing Trust of Santa Clara County.
DALLAS-The city's premier retail clothier will relocate its alteration division from downtown to the Garland Business Center. A 10-year lease has been signed for 11,022 sf.
ROSWELL, GA-Residents and the city block pending sale of 160-acre multifamily site by buying the tract for $19 million or $118,750 per acre ($2.73 psf). The forest land will will be used as a natural park.
LAKE OSWEGO, OR-The commercial real estate financier is now owned by Cohen Financial of Chicago, which is in the same business and in the midst of a national expansion