MADISON, WI-The Chattanooga, TN developer brings its ownership in three Wisconsin retail centers to 100%, spending $61.9 million and assuming more than $25 million in debt related to the properties.

NEW YORK CITY-Based on input from virtually every employee in the firm, the new Grubb will emphasize local relationships built by providing integrated services through utilization of the firm's vast global resources.

HONOLULU-The Seattle-based bank inks a long-term lease for the 11,458-sf eighth floor of the Bishop Street Tower at the former Amfac complex downtown. PM Realty repped owner John Anderson while Grubb & Ellis brokered for WaMu.

TURIN, ITALY-Located in the historic Lingotto building here, the 90-unit Renzo Piano-designed facility has been acquired by international real estate investors Orion European Real Estate Fund.

NEW YORK CITY-The firm wants to decentralize by moving roughly 25% of its Manhattan-based employees to a second office. Company officials insist there are not plans to abandon the firm's NYC headquarters.

NEW YORK CITY-The multifamily finance company will become self-managed and self-advised once it closes a two-tiered deal that has already received board approval but still faces a shareholder vote.

NEW YORK CITY-Seven architectural teams are assembled Downtown this morning to unveil their proposals to redevelop the 16-acre World Trade Center site and surrounding neighborhoods. GlobeSt.com managing editor Diana Rodriguez will provide ongoing reports from the scene.

NEW YORK CITY-The firm inks a three-year contract to perform audit, strategic planning, lease administration, transaction management, acquisition and disposition services for 1,500 properties throughout Europe, the Middle East, Africa and Russia.