TEMPE, AZ-Seattle-based Pillar Communities has paid $45.1 million for San Portella, a 308-unit apartment community at 2155 S. 55th St. in Tempe.

ALBANY, NY-CAP COM Federal Credit Union is moving forward with its plan to build a new headquarters in Colonie.

AUSTIN, TX-Brian Liverman and Matt Frizzell of Stream Realty have closed two lease deals totaling 14,985 square feet at Bridgepoint Plaza I & II in Austin.

MIAMISBURG, OH-BW Partners Ltd. is buying an 80-acre land on Byers Road from the city of Miamisburg for $4.1 million to develop a new business park, called Austin Business Park.

CHEVY CHASE, MD-The TIAA-CREF has paid $113.25 million for the Shops at Wisconsin Place, an 118,400-square-foot shopping center situated beside the Friendship Heights Metro station.

NEW YORK CITY-Red Lobster will anchor a new project near the Apollo Theater at 261-267 W. 125th St. in Harlem.

CHICAGO-The developers of a 72-story condominium tower that overlooks Millennium Park have refinanced their project.

ALEXANDRIA, VA-Urban Turf has reported that construction of The Exchange at Potomac Yard's first 323 residences is scheduled to begin in Q2 2012.