SEATTLE— Lowe Enterprises and Alecta have begun construction on Luma, a 24-story residential tower that will be the first new high rise condominium tower in First Hill in more than 30 years.

DALY CITY, CA—901 Campus Drive sold on behalf of Serramonte Ridge Medical Center Enterprises. to Swift Realty Partners.

SAN DIEGO—Cassidy Turley Q3 report shows strengthening fundamentals.

SINGAPORE—Global Logistics Properties and the Canadian Pensions Plan Investment Board will grow its JV to $2.2 billion.

SANDY, UT—Deal includes adjacent Marketplace, and the buyer partnership plans extensive renovations for the 1.3 million-square-foot center located near Salt Lake City.

LONDON—HCP and partners are providing $630 million for acquisition of 273 nursing and residential units.

ALISO VIEJO, CA—With occupancy approaching 90%, company has increased full-year guidance.

DENVER—The Montreal firm has taken a 40% share in a portfolio that includes two of Denver's best office properties, and it now has a 6% share of the downtown class A market.