Retail

NORTHRIDGE, CA-A family trust acquires the shopping center from Santa Monica's Doerken Properties, a retail specialist.

HOUSTON-I-Hop, Sonic and Whataburger have committed to pad sites at Spring Cypress Crossing in far northwest Houston and negotiations are under way for additional retailers at the center.

HOUSTON-The Fiesta at 6, set to deliver in August, has hit the 50% pre-leased mark. Four leases are out for signature and the one that's back is an 8,000-sf Family Dollar, which committed to a 10-year contract.

BURBANK, CA-With the first phase of Burbank Entertainment Village almost done, the theater chain picks Champion Development of Los Angeles to build the second phase of 209,012 sf of retail, a pedestrian plaza and two parking garages.

LONDON-The property portfolio of department store chain Debenhams has been revalued at pounds 425 million ($694.3 million), 30% less than the company had hoped

JACKSONVILLE, FL-A locally-based REIT, with gross assets of $3.3 billion, sells five grocery-anchored shopping centers totaling 439,422 sf to a previously established joint venture with Macquarie Countrywide Trust of Australia for about $125.84 per sf.

CHICAGO-A 20,000-sf site at 4343 W. Peterson Ave. nearly triples in value in the past five years, selling recently to North Shore Bank for $1.9 million.

ATLANTIC CITY, NJ-Almost three years after ground was broken, the Boyd Gaming/MGM Mirage joint venture will add more than 2,000 rooms and 125,000 sf of gaming to the local landscape.