Retail

BURBANK, CA-With the first phase of Burbank Entertainment Village almost done, the theater chain picks Champion Development of Los Angeles to build the second phase of 209,012 sf of retail, a pedestrian plaza and two parking garages.

LONDON-The property portfolio of department store chain Debenhams has been revalued at pounds 425 million ($694.3 million), 30% less than the company had hoped

JACKSONVILLE, FL-A locally-based REIT, with gross assets of $3.3 billion, sells five grocery-anchored shopping centers totaling 439,422 sf to a previously established joint venture with Macquarie Countrywide Trust of Australia for about $125.84 per sf.

CHICAGO-A 20,000-sf site at 4343 W. Peterson Ave. nearly triples in value in the past five years, selling recently to North Shore Bank for $1.9 million.

ATLANTIC CITY, NJ-Almost three years after ground was broken, the Boyd Gaming/MGM Mirage joint venture will add more than 2,000 rooms and 125,000 sf of gaming to the local landscape.

HONOLULU-Honolulu-based Alexander & Baldwin investment company divests its holdings of Airport Square in Reno, NV for $23.5

CAMDEN COUNTY, NJ-The five properties, scattered around this South Jersey county, were sold by SuperValue to various private investors and local partnerships, which were not identified.

DENVER-Retail contract extensions proposed by current Mayor Webb for concessions at DIA may be reviewed by Mayor-elect Hickenlooper. City Council will discuss the extension issue in a meeting on Tuesday.