MORRISTOWN, TN—Wheeler Real Estate Investment Trust reports it has entered into a contract to acquire the Crockett Square Center here for $9.75 million.

ATLANTA—New York City-based Premium Point Investments reports it has acquired a majority interest in Residential Capital Management, which is headquartered here.

NEW YORK CITY—Germany-based investment firm Deka Immobilien GmbH and New York City-based joint venture partner Ashkenazy Acquisition Corp. have acquired a retail condominium at 522 Fifth Avenue for $170 million.

ATLANTIC CITY, NJ—The Caesars Pier shopping center here is about to change hands. Philadelphia developer Bart Blatstein has teamed up with casino architect Paul Steelman to buy the 300,000-square-foot retail center.

BALTIMORE—Area office brokerage firms are in agreement that despite bloated office vacancy rates, the Baltimore regional office market is showing encouraging signs of improvement.

TAMPA, FL—Paul Rutledge, formerly an executive with Casto Southeast Realty Services LLC, has joined CBRE's Tampa office as a first vice president with its retail brokerage group.

CHARLOTTE, NC—Batson-Cook Construction reports it has broken ground on the $25-million multifamily property The Gibson here.

BOSTON—Cabot Corp., a global specialty chemicals and performance materials company, has renewed its corporate headquarters space at Seaport East here.