FORT MYERS, FL—Jacob Properties has sold the medical office building at 12600 Creekside Lane here to an out-of-state based national medical office investment group for $4 million.

ATLANTA—FelCor Lodging Trust Inc. has sold the 395-room Sheraton Gateway Atlanta Airport hotel here to an affiliate of Hotel Capital, LLC.

BOSTON—Strong office demand among the Boston region's technology and innovation sectors fueled the sixth consecutive quarter of positive absorption and drove occupancies to record levels, according Avison Young.

PHILADELPHIA—Vice President Joe Biden visited the Port of Philadelphia on Thursday and took a tour on a dredging barge on the Delaware River to promote the ongoing project to deepen the Delaware River.

OWINGS MILLS, MD—Kimco Realty Corp., part owner of the half-vacant Owings Mills Mall here, says it will redevelop the property and will not put the property on the market for sale, despite calls by some area politicians to do so.

WASHINGTON, DC— The AFL-CIO Building Investment Trust is looking to have 17 acres it owns on Old Meadow Road rezoned for 1.8 million square feet of mixed-use development.

NEW YORK CITY—Watch and clock maker Bulova has put its long-time New York corporate headquarters in Woodside, Queens on the market for sale with a list price of $30 million.

DEVENS, MA—Exeter Property Group of Plymouth Meeting, PA has acquired a 184,000-square-foot distribution facility here.