PLEASANT HILL, CA-The University acquires a 102,000-sf office building here for its main campus, which is currently located in Walnut Creek. The building, sold by Bank of America, will house administrative offices, classrooms and libraries for its five schools.

STANFORD, CA-Developed and owned by Stanford University, the 1.3-million-sf open-air mall is one of the most successful regional malls in the nation, with sales per sf of $600 in 2002.

TOKYO-The New York-based jeweler's Japan-based subsidiary purchases the nine-story building housing its flagship store in Tokyo's Ginza shopping district for 16.5 billion yen.

CONCORD, CA-Along with three smaller tenants that recently were signed, the lease by Wells Fargo Home Mortgage brings Sierra Pacific Properties' 10-story, 231,000-sf Metroplex Office Centre in Concord's Diamond District to 30% leased one month prior to completion.

PORTLAND-The third party logistics provider two years ago assumed a lease for 243,000 sf in the 500,000-sf building. The lease was held by A&M Warehouse, which master leased the entire building prior to filing for bankruptcy.

WUHAN, CHINA-Construction is underway on the 1.3-million-sf Wuhan City Plaza, which will include a nine-story department store; six stories of retail shopping; night clubs, movie theaters and other entertainment venues; numerous restaurants; and four stories of office space.

SEATTLE-The self-storage REIT forks over three million common shares for 19 storage centers in Minnesota, pays $164 million for 36 centers developed under a tax retention operating lease facility and pays out another $153 million to gain a majority stake in Shurgard Europe.

BEAVERTON, OR-Golf Galaxy is one of several new retailers opening at the former Beaverton Mall, which is undergoing a $35-million renovation and expansion. The property owner is Vancouver, WA-based owner C.E. John Co.