SEATTLE-Security Properties, a developer based in Seattle, is planning to construct an apartment and retail complex in Columbia City.

CHARLOTTE, NC-A LRC Opportunity Fund affiliate has purchased the retail and office portion of Tranquil Court in Charlotte's Myers Park neighborhood for $14.5 million.

SUNNYVALE, CA-Essex Property Trust buys Reed Square, an apartment complex consisting of 100 units at 1070 Reed Ave.

CLEVELAND-The Cleveland Plain Dealer reported that a Willoughby company is purchasing a 21-story office structure in downtown Cleveland with plans to convert it into over 220 apartments.

BLOOMINGDALE, IL-Stamford, Connecticut-based Five Mile Capital Partners LLC, the owner of the Stratford Square Mall, is facing default on a $70.5-million loan obtained by the center.

OLIVE BRANCH, MS-Monmouth Real Estate Investment Corp. has purchased an industrial building measuring 234,660 square feet at 8644 Polk Lane in Olive Branch.

BRIGHTON, MA-New Balance has filed plans to expand its headquarters in Brighton.

DALLAS-The Dallas Business Journal is relocating from North Central Plaza III to Chateau Plaza in Uptown this summer.