NEW YORK CITY—After a number of large lease deals pushed the city's tech sector to nearly 840,000 square feet in leases in May, the industry saw activity fall to 338,781 square feet in June, according to a research report released today by JLL.

ISLIP, NY—Long Island's largest commercial property owner—Rechler Equity Partners—is planning to build a total of 119,000 square feet of industrial/flex space on three parcels within the Islip Foreign Trade Zone here.

BOSTON—MetLife Inc. had Norges Bank Investment Management report they have acquired the 34-story One Beacon St. office building here from a joint venture of Beacon Capital Partners and Alliance for $561 million.

TAMARAC, FL—New York City-based Katz Properties has acquired the Sunshine Plaza shopping center here for $28.5 million.

ATLANTA—Multifamily investment firm Cocke, Finkelstein reports it has acquired a six-acre parcel in metro Atlanta and plans to build the Chamblee Gateway apartment community there.

BALTIMORE, MD—St. John Properties, known for its conservative investment philosophy, has recently entered the volatile gaming industry, which at least on the East Coast, is in the throes of a shakeout.

WASHINGTON, DC—The US Senate has proposed setting aside $250.5 million in its 2015 Financial Services and General Government Appropriations bill for the Department of Homeland Security's Southeast D.C. consolidation project.

EDISON, NJ—Cambria Automotive Companies have signed a long-term lease renewal for 63,803 square feet of industrial space at 116 Talmadge Road here.