SANDY SPRINGS, GA—Oak Coast Properties and IMG report they have acquired the Legacy Key Apartments community here for $30 million, including costs, from DRA Advisors LLC.

FORT LAUDERDALE, FL—The renovation and expansion of the Broward Center for the Performing Arts project that was developed by Stiles/Miller LLC, a joint venture partnership between Stiles and Miller Construction Company, won the Project of the Year award from The Associated Builders and Contractors Florida East Coast Chapter.

LEESBURG, VA—With Virginia's economic development fund reportedly low in cash, Loudoun County economic development officials are considering a plan to ramp up their local incentive funding.

WASHINGTON, DC—Mayor-elect Muriel Bowser has received praise from the business community for her work to bring new project to her district as a member of the D.C. Council. In 2015, the real estate community is hopeful she can jumpstart development initiatives citywide.

TRENTON, NJ—The state's Economic Development Authority approved an incentive package totaling $107 million for Lockheed Martin's proposed project in Camden.

SOUTH BRUNSWICK, NJ—Terreno Realty Corp. reports it has executed a lease extension with a leading home improvement specialty retailer for 192,000 square feet of industrial space at the 130 Interstate property here.

BOSTON—In their fifth downtown property acquisition in recent months, DivcoWest and Synergy Investments have completed the purchase of 55 Summer St.

MEMPHIS, TN—A survey of general counsels of companies in the Southeastern United States reveals an upbeat view of their respective firm's prospects for 2015, but increasing concern over economic threats involving health care and cybersecurity issues.