SUNNY ISLES BEACH-The agreement makes this project, M Resort Residences, the London-based company's first beach resort in the US. It is also Miami developer Fortune International's first hospitality project.

MIAMI-Strong response to the urban village project, which will include about 5,000 condominiums, led to the sales center's opening. The project, which will take 10 years to complete, is being developed by Swerdlow Boca Developers.

MIAMI-While retail sales reached record levels last year, sales are expected to remain strong this year. Meanwhile, vacancy rates are forecast to decrease and rents should increase, a Marcus & Millichap report predicts.

BOCA RATON, FL-After working for Trammell Crow Co. for four years, Scott O'Donnell has returned to CB Richard Ellis as a first vice president of its Private Client Group. He has close to 20 years' experience in real estate.

CORAL GABLES, FL-The high-rise project, Gables Marquis, is a planned 20-story tower that will have 177 residences pre-construction priced between the $180,000s and the $600,000s. The sales office is at 3232 Coral Way in Miami.

MIAMI-The developer, based here, has closed on a 54,000-sf property on Biscayne Boulevard, where it plans to develop an office, retail and residential project at an estimated cost of $30 million.

PALM BEACH, FL-The hotel REIT, based here, has acquired 59 leases since December from its main lessee, Innkeepers Hospitality, for close to $5.3 million. One lease remains to be acquired; the deal is expected to be completed this quarter.

MIAMI-The South Florida-based US subsidiary of the Mexico developer Gicsa has plans for 866 residential units and 69,000 sf of ground-floor retail space at the former site of the Everglades Hotel Downtown.