Retail

NEW YORK CITY-With more than $300 million in Trump Marina debt due in November, Donald Trump puts up $30 million to goose the two-traunch sale, which he has been trying to complete since last spring. The deal is expected to close within days.

KIRKLAND, WA-The marketer of cellular service tells GlobeSt.com it has "pretty much wrapped up" its search for some 36 new store locations in 31 states as it seeks to tap into the high end consumer market.

SHERMAN, TX-NewQuest Properties of Houston has the ground crew moving on a 100-acre tract to mark its inroad into North Texas. The 700,000-sf town center, situated 65 miles northeast of Dallas, is about 65% pre-leased.

PORTLAND-Under an agreement approved this morning by Port of Portland Commissioners, Washington D.C.-based Anton Airfood Inc. will lease 6,635 sf for 15-years, spend upward of $2 million on tenant improvements and pay rent equal to 8% of the restaurant's annual gross sales.

LOS ANGELES-Britain's DMG World Media goes from tenant to part owner of the California Market Center, buying "a significant share" from the Hertz Group, which paid $90 million two years ago for the building trio in Downtown LA.

SANTA CLARITA, CA-An Encino, CA-based investor, acquires the 220,000-sf shopping center from Forest Family Partners, also of Encino. The plaza, boasting a roster of national retail names, was 98% leased at sale time.

FORT WORTH-The Hispanic retail community delivers two tenants for the Fort Worth Town Center, bought a year ago for a repositioning play. A closed club will reopen as an OK Corral while a shuttered theater's lights are flicked by what could be a new chain.

ORLANDO-The 84-year-old frozen food magnate is selling one of the two parcels for $1 million per acre or $22.96 per sf. Colonial Properties Trust and CNL Financial Group Inc. are interested, area brokers tell GlobeSt.com.