Retail

HOUSTON-Glimcher sells a second mall to a local buyer and the last one that it had up for sale in the city. This time, the 794,104-sf Northwest Mall passes to Levcor Inc.

DEERFIELD, IL-In a word, the strategy is stores for the drug chain, which reports record sales and earnings for the latest full year.

LAS VEGAS-City Center Retail lands $57.75 million in construction financing for a 95,800-sf, Hard Rock-anchored expansion of the 190,000-sf mall on the Las Vegas Strip.

IRVINE, CA-Scala Real Estate Partners plans to acquire, develop and recapitalize residential and mixed-use projects in California.

DALLAS-StarPoint Commercial begins shopping all Texas metros with a 10-year veteran as its scout for retail and office. The plan will place up to $200 million in the first year.

PHILADELPHIA-After tasting New York and Atlantic City, multi-concept restaurateur Stephen Starr sets his sights on Miami and Fort Lauderdale.

ATLANTA-With the completion of the tender offer, Darden Restaurants will now pursue a short-form merger to complete the $1.4-billion deal for Rare Hospitality.

SYRACUSE-As part of its multibillion-dollar DestiNY USA project, the 1.5-million-sf Carousel Center shopping mall here will be 'green' powered.