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WAUKEGAN, IL-Tricon Global Restaurants, Inc. will build a Pizza Hut restaurant on a 23,522-sf site at the Lake Plaza retail center at Route 120 and Green Bay Road it acquires from Simon Properties for $188,179.
LONDON-Vodafone has started the phased disposal of its 30 separate holdings in Newbury, Berkshire in preparation for it move into a purpose-built world headquarters on the northern outskirts of the Berkshire town.
PORTLAND-SKB paid $20.76 million for residential and retail development at 23rd and Northwest Burnside, which includes the 72,000 sf shopping center, 47 apartment units and a "potentially developable pad" of about 55,000 sf. The acquisition--its first in Portland--closed late last week.
SAN JOSE-Since United Artists' hasty departure two years ago, the Pavilion movie theaters in Downtown San Jose have been vacant. Now, the city and Cinelux theater chain will revive the 2,500-person space.
SCOTTSDALE, AZ-Koala Blu readies a 4,387-sf spot at the Scottsdale Horizon while furniture distributor, Steiner, heads into 3,907 sf at the Village at Prescott Gateway. The premier retail locations come with good neighbors.
LOS ANGELES-Promising to bring the National Football League and the Super Bowl back to Los Angeles, Anschutz Entertainment Group has plans to build a 64,000 seat stadium in the Downtown section of the city not far from its successful Staples Center development.
SEATTLE, WA-A local broker who represents struggling retailers in the disposition of excess properties and leaseholds during bankruptcy proceedings talks with GlobeSt.com about the big box surplus market.
ATLANTIC CITY, NJ-The old Million Dollar Pier, rebuilt almost 20 years ago to resemble an ocean liner, will be shuttered entirely for 18 months by owner Park Place.
MOUNT VERNON, VA-An $85-million museum and orientation center is in the works for George Washington's Mount Vernon Estate and Gardens. Official plans will be announced on April 27 and work on the 50,000-sf endeavor is scheduled to commence in 2003.
ORANGE, CA-Buchanan Urban Investors and Rawson, Blum & Leon have snapped up the regional shopping center. The pair plan to renovate the complex, which was 89% leased at the time of sale.