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CINCINNATI-NRDC Equity Partners of Purchase, NY buys the retail division for $1.08 billion, or approximately $840 million after tax.
NEW YORK CITY-Emily Scott and Thomas Scott resign for personal reasons, while Bridget Ryan Berman moves into a new position.
CHICAGO-Strategic Hotels & Resorts Inc. agrees to purchase 15 floors of the pre-developed 82-story Aqua building for $412,000 per key.
MAUMEE, OH-After a decade of changes, work begins on Shops at Fallen Timbers, a one-million-sf open-air retail and entertainment center.
EVANSTON, IL-Lowe Enterprises Investors, on behalf of Lowe Enterprises Real Estate Income and Growth Partners, acquires Orrington Plaza.
CLAYTON, MO-Newport Beach, CA-based KBS Real Estate Investment Trust acquires the 325,172-sf Plaza in Clayton office building.