MIAMI-Santa Monica, CA-based hedge fund Universa Investments is moving its headquarters to Miami.

ELGIN, IL-A venture led by Chicago-based Harrison Street Real Estate Capital has purchased a medical office building on Randall Road here for $33.6 million.

NEW YORK CITY-The controversial state "Scaffold Law" embraced by organized labor, but admonished by business and management groups, is costing the state billions of dollars in added costs, according to a study authored by Cornell University's Department of Policy Analysis & Management and SUNY's Nelson A. Rockefeller Institute of Government.

NEW YORK CITY-While Related Cos. has made significant investments to increase its holdings on the West Side of Manhattan, the developer has put its 511-541 W. 25th St. building on the market for sale.

PHILADELPHIA-The City Planning Commission voted unanimously on Tuesday to recommend for approval five key bills, including necessary zone changes, in connection with the new Comcast office tower development here.

SECAUCUS, NJ-The former Panasonic headquarters complex on Meadowlands Parkway here is being torn down.

BALTIMORE-Mobile applications development firm Mindgrub Technologies LLC will shift operations from Baltimore County to Locust Point here.

ROCKVILLE, MD-Federal, state and Montgomery County will spend a combined $24 million to expand the National Cybersecurity Center of Excellence here.