SCOTTSDALE, AZ-Arizona State Credit Union has sold an industrial building situated close to 78th Street and Greenway Hayden Loop in the Scottsdale Airpark for $2 million.

BOYNTON BEACH, FL-Robbins Property Associates has paid $27.1 million to purchase Ashley Lake Park, a 300-unit rental apartment complex situated at 5020 Ashley Lake Drive in Boynton Beach.

HOUSTON-Baker & McKenzie LLP has inked a 50,700-square-foot lease at the Bank of America Center for its Houston office.

NORMAN, OK-Pierce Education Properties LP, a San Diego-based owner and developer of student housing properties, has secured a refinancing worth $23 million for its Crimson Park in Norman, Oklahoma.

EDINBURGH, UK-LaSalle Investment Management has bought Mercat Shopping Center, a 200,000-square-foot retail center in Kirkcaldy, and three retail units on High Street from Gary Fraser and Blair Nimmo of KPMG.

LONDON-Henderson Global Investors has obtained approval for Charterhouse Place, a major office development at 2 Farringdon Road in London.

DEERFIELD, IL-Kraft Foods Inc. is planning to relocate its snack food division from Northfield to Deerfield and is looking for a buyer to take an office campus in Glenview that it plans to vacate next year.

LONDON-Goodman, an integrated property group, has finished the development of a print and distribution center at Thurrock Commercial Park in Essex for A&N Media.