NEW YORK CITY-Two Trees Management, a family-owned real estate firm, has signed a contract to acquire a 340,000 square-foot office building at 50 West 23rd Street, Manhattan, from Moinian Group for $129.5 million.

INDIANAPOLIS-Carmel developer Lauth Group has settled with lender Inland American Real Estate Trust, who has permitted the developer to keep control of 37 of its 43 assets under bankruptcy measuring five million square feet.

JOLIET, IL-Jacobson Cos., a logistics firm, has leased half of a one-million-square-foot warehouse space near Joliet from ING Clarion Partners.

CHICAGO-TMP Worldwide Advertising & Communications Inc., a New York City-based recruitment advertising firm, is extending its lease as well as expanding its office at 444 N. Michigan Ave. by leasing 15,685 square feet of space from GLL Real Estate Partners GmbH.

MILWAUKEE-Heartland Home Care, Hospice & I.V. Care, a nationwide health care firm based in Toledo, OH, is planning to set up its new office in Wauwatosa.

MEMPHIS-Urban Outfitters Inc, a Philadelphia-based apparel retail chain, is in talks to lease a former antique mall building measuring 13,816 square feet at 742 S.Cooper to house one of its name-brand stores.

BOSTON-Lawrence Community Works has decided to buy and renovate the four historic buildings named the Newbury & Garden project in the Boston's North Common neighborhood to serve as inexpensive housing development.

NEW YORK CITY-Despite completing massive renovations to the Fortunoff building, the 18-story building on 681 Fifth Ave., still stands empty.