Retail

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.

RARITAN, NJ-The teen-focused retailer's lease effectively fills up the 157,000-sf Somerville Circle Center, taking its last vacant tenant slot.

AUSTIN-Jane Snoddy Smith, a five-year partner with Fulbright & Jaworski LLP, is national president-elect of the 7,621-member organization.

RICHMOND HILLS, ONTARIO-DDR execs say that the move is the first in what they hope is a series of developments around the Toronto area.

CAPE TOWN-Developers differ on whether or not entertainment is vital for shopping centers.

WALNUT HILLS, KY-The university is leasing the off-campus site to the developer, which will build retail, apartments, condos, offices, a hotel and a fitness center.