ORANGE, CT–Elm Street Partners LLC of New Canaan acquires the Peck N Post Shopping Center on Boston Post Road here for approximately $5 million and has plans for a major renovation of the strip center.

WHITE PLAINS-Informa Investment Solutions, Inc., an information technology and management services provider, is expanding its corporate headquarters operations here. The firm has signed a long-term lease for more than 26,000 sf of space at Four Gannett Drive.

WHITE PLAINS-Trump Organization executive vice president of construction Andrew Weiss said that the Trump Tower at City Center high-rise condominium project here, which is under construction, has exceeded its expectations and is approximately 95% sold out.

WHITE PLAINS-Lenovo Group Limited, which is in the process of acquiring the Personal Computer Division of IBM Corp., has plans to establish its worldwide headquarters in Westchester. The firm is in negotiations on a nearly 40,000-sf short-term sublease in Purchase and is looking for a permanent build-to-suit location in the county.

GREENWICH, CT-Newmark says that the Westchester and Fairfield office markets have struggled somewhat in the first quarter of this year. However, the brokerage firm expects conditions in Westchester, in particular, will improve in the coming months.

DARIEN, CT-For the most part, CB Richard Ellis officials are optimistic that conditions will improve in the office markets in Westchester and Fairfield this year. However, possible M&A deals in the telecommunications sector could put a considerable amount of space on the market, company officials say.

EAST FISHKILL, NY-Now that work is proceeding on a nearly $2-billion addition to its chip-fab plant (Building No. 323) on its East campus, IBM has put approximately 983,000 sf of high-tech microchip space on its West campus here on the market.

EAST FISHKILL, NY-Now that work is proceeding on a nearly $2-billion addition to its chip-fab plant (Building No. 323) on its East campus, IBM has put approximately 983,000 sf of high-tech microchip space on its West campus here on the market.