INDIANAPOLIS-The Lakewood, NJ-based real estate company acquires 762 units in two properties from a large apartment REIT for $25 million, or $32,808 per door.

PALO ALTO, CA-With the first fund of their new company Broadreach Capital Partners now closed at $300 million, the four-man core of Spieker Properties, which Equity Office Properties acquired in 2001, is ready to do it again.

SEATTLE-Cancer Research and Biostatistics extends its commitment for the top two floors of the 20-story office tower Downtown owned by The Benaroya Co. As well, it appears Fred Hutchison Cancer Research Center may retain some of the 200,000 sf in the building it previously planned to vacate come spring.

HENDERSON, NV- The Shops at Green Valley Ranch will consist of 150,034 sf of high-end destination retail plus 21,748 sf of second-floor office space, 88 luxury apartment units, 30,925 sf of restaurants and one 65,000-sf, three-story office building.

TORONTO, ON-A 586-room hotel adjacent to the Toronto Convention Centre reopens as an InterContinental hotel after a $24-million renovation and the largest hotel at the Toronto Pearson International Airport is now a Park Plaza Hotel and undergoing a $4.5-million renovation.

PARIS-A new four-star, 250-room hotel will be developed on the 27-hole Golf Disneyland by a subsidiary of Orion and managed by Radisson SAS Hotels & Resorts. Construction is expected to begin in January 2004 and completion is scheduled for summer 2005.

HILLSBORO, OR-Continental Retail Development of Columbus, OH breaks ground today on The Streets of Tanasbourne at the 368,000-sf lifestyle center set to open this time next year at Northwest Cornell Road and Stucki Avenue in the city.

SEATTLE-The Portland-based investment bank recently took over management of the hotel from WestCoast Hospitality Corp. of Spokane and will drop its affiliation with the company altogether in January. A renovation is planned.