DALLAS-In an effort to boost multifamily platform in Texas, Chicago-based JLL brings the six-person boutique firm on board, with TAG founder Jeff Price becoming managing director.

PHOENIX-Making its first investment, Hines US Office Value Added Venture III pays $81 million to acquire the class A office building from GLL Real Estate Partners.

BIRMINGHAM, AL-C. Reynolds Thompson III resigns from his position of president and CFO of Colonial Properties Trust, effective Dec. 31. Brad Sandidge takes over as interim CFO.

HOUSTON-Putting an end to a more than six-year hold, Tulsa-based ACRON sells the class A office building to State Farm in what was a somewhat challenging transaction.

FORT WORTH-The Ohio REIT strikes a deal with Heitman Capital of Chicago to acquire the 173,000-SF, 97%-occupied retail center.

BAYTOWN, TX-The two Houston companies strike a deal for the second time in less than a year, trading Camden Baytown, which has been renamed Preserve at Goose Creek.

TUCSON-The 190,000-SF, grocery-anchored retail center ends up with entities controlled by California-based Krausz Cos.

SCOTTSDALE, AZ-Bruce Karsh acquires the 128,000-SF office building, complete with long-term lease, from WDP Partners a little more than two years after the seller bought and leased it up.