Retail

LAS VEGAS-Marriott acknowledges investing $230 million for 16 acres across from the Las Vegas Convention Center en route to a 3,500-room casino-resort.

TEANECK, NJ-New Jersey's top real estate executives voiced their concerns over taxes, traffic, corruption and ineffectual government at Thursday's RealShare New Jersey conference.

CAPE TOWN-Angola, Namibia and Botswana could all follow South Africa's path of modern shopping-center development, but infrastructure woes pose a problem.

CONROE, TX-Woodforest Development will start infrastructure work by year's end for the first phase of a master-planned community that includes 70 acres of commercial space.

MARICOPA COUNTY, AZ-Galaxy Development Group pays $12 million for the development site as negotiations progress with anchor prospects. Cotton Lane could start in early 2010.

NANTUCKET, MA-Starwood Chairman Barry Sternlicht is among the benefactors helping a foundation buy the historic building.

ATLANTA-The North Carolina-based buyer acquires the 62,000-sf Plantation Heights which consists of ground-floor retail space and 33 apartments.

MATTHEWS, NC-The discounter is opening 300 new store this year, the same amount as last year, though management is cautious about the economic climate.