Retail

ORLANDO-One of the fastest-growing active retirement communities in the United States, the 20-year-old, privately owned Lady Lake, FL venture has fought off a protracted lawsuit aimed at barring the construction of 43,000 new homes, four million sf of retail, 2,000 acres of golf courses and two town centers on 7,000 acres, 60 miles northwest of Downtown Orlando.

LONDON-The AIM-listed property developer and trader Halladale Group in a joint venture with Citigroup Alternative Investments has bought a mainly retail portfolio from Henderson Global Investors and the United Bank of Kuwait's Opportunity Fund.

WAUKEGAN, IL-Tricon Global Restaurants, Inc. will build a Pizza Hut restaurant on a 23,522-sf site at the Lake Plaza retail center at Route 120 and Green Bay Road it acquires from Simon Properties for $188,179.

LONDON-Vodafone has started the phased disposal of its 30 separate holdings in Newbury, Berkshire in preparation for it move into a purpose-built world headquarters on the northern outskirts of the Berkshire town.

PORTLAND-SKB paid $20.76 million for residential and retail development at 23rd and Northwest Burnside, which includes the 72,000 sf shopping center, 47 apartment units and a "potentially developable pad" of about 55,000 sf. The acquisition--its first in Portland--closed late last week.

SAN JOSE-Since United Artists' hasty departure two years ago, the Pavilion movie theaters in Downtown San Jose have been vacant. Now, the city and Cinelux theater chain will revive the 2,500-person space.

SCOTTSDALE, AZ-Koala Blu readies a 4,387-sf spot at the Scottsdale Horizon while furniture distributor, Steiner, heads into 3,907 sf at the Village at Prescott Gateway. The premier retail locations come with good neighbors.

LOS ANGELES-Promising to bring the National Football League and the Super Bowl back to Los Angeles, Anschutz Entertainment Group has plans to build a 64,000 seat stadium in the Downtown section of the city not far from its successful Staples Center development.