Globest Sectors

LOUISVILLE, KY-Yum is especially growing in China, where management expects to have the potential for 20,000 total units, up from its current 2,300.

GREENSBORO, NC-RF Micro Devices signs a long-term lease for the $5.5-million, 120,000-sf industrial property.

MERRITT ISLAND, FL-The Columbus, OH-based Glimcher acquires the 804,000-sf retail asset from Thor Equities. The property is 94% occupied.

ST. LOUIS-The two buildings, Park 270 One and Two, total 275,000 sf in the West Port/I-270 market. The men say they'll hold for three-to-five years.

SOUTH BARRINGTON, IL-The 15-year lease with the upscale movie chain brings the $200 million 600,000-sf lifestyle center to about 70% pre-leased.

BILOXI, MS-The developer plans to break ground by year's end on the 251-unit first phase of Revelay. At build-out, the project will add 380 to 390 units along the Gulf Coast.

TEMPE, AZ-Months after selling another multifamily property, Nuvida Ventures plows its 1031 exchange money into the 172-unit Paxton on Rural.

HOUSTON-The local REIT pays $8.3 million for Pima Norte, a five-building office condo project in Carefree, AZ. The 50,000 sf will be leased rather than sold as condos.