MEMPHIS-Riverdale Bend Investors LLC has bought the Market, a shopping center that measures 157,195 square feet, at Riverdale Bend from Capmark Finance Inc. out of foreclosure for a total amount of $1.75 million, which is 88% less compared to the $14.5 million paid for the property in 2006.

WINTER PARK, FL-ARA, the country's largest full-service investment advisory brokerage company, brokered the sale of the 168-unit Woodbridge Apartments, a multi-family complex situated in Winter Park near west of Orlando for $7.78 million to an unnamed loan receiver.

SAN FERNANDO, CA-An increase in investor activity has prompted two shopping centers in Valencia and Moorpark to be put up for sale, a positive sign for the retail realty market.

CHICAGO-TigerDirect has leased a 33,400-square-foot building, a former Circuit City store that has been vacant for two years, located at N. Milwaukee Ave. in north suburban Vernon Hills.

CHATSWORTH, CA-American Heritage Landscape, a Canoga Park, CA-based landscape development company, has inked a lease for 30,000 square feet of space in Chatsworth to house its new facility.

ORLANDO-JRK Property Holdings has acquired the 428-unit Gates of Harbortown, a class "AA", high-end apartment complex at 2333 Lake Debra Dr. in the MetroWest area of Orlando from an institutional seller.

NEW YORK CITY-A new skyscraper is set to open two blocks from the Empire State Building in the middle of the controversy surrounding the planned 15 Penn Plaza tower.

ORLANDO-Pavilion TK-Narcoossee, LLC has purchased 0.70 acres of Lot 1, a retail development site, at 7138 Narcoossee Rd. in southeast Orlando from Terri and Lawrence Razzano and Thomas Bardon.