Retail

LONDON-Shopping centres and retail outlets saw an 11.3% decrease in shopper numbers on Christmas Eve but an 8.6% increase on Boxing Day (26 December) this year compared to the same days in 2001, according to figures released by the FootFall Index.

ATLANTIC CITY-The combination of the two adjacent properties creates this city's biggest hotel/casino with more than 1,750 rooms and almost 180,000 sf of casino space.

PHILADELPHIA-The Port Washington, NY-based REIT contemplates redevelopment of an 89,000-sf former Montgomery Ward unit and other renovations for the 523,000-sf mall located on 44 acres in Camp Hill, PA. The seller is an affiliate of Connecticut General Life Insurance Co.

DANVERS, MA-Galyan's Trading Company enters the New England region with the opening of an 80,000-sf store at 96 Commonwealth Ave. right next to the Liberty Tree Mall. The Plainfield, IN-based company sells sports and outdoor equipment.

CARMICHAEL, CA-The Five Points Shopping Center, a 50,440-sf shopping center whose tenants include Long's Drugs and Picadilly Circus, is sold to Progenitor Holding, a Stockton-based partnership.

BERKELEY TWP., NJ-The owner of Berkeley Plaza is preparing to launch an $8-million expansion (to almost 107,000 sf) and renovation that includes Shop Rite replacing a shuttered A&P as anchor tenant.

SAN ANTONIO-Spigel Properties, a recognized turnaround specialist, is working out the details for its newest acquisition, the Westlakes Mall in San Antonio. The property, anchored by Target, is shouldering a 50% occupancy.

MIAMI-The 61,200-sf building in West Palm Beach, FL, was sold to St. Anthony's Building Partnership, which plans either to convert the asset into a skating rink or lease it out as office or call-center space.