WASHINGTON, DC-Colony Capital LLC and a venture of Donald Trump's hotel company will redevelop the Old Post Office Building in Washington, DC, into a hotel.

CHICAGO-CME Group Inc. is nearing a deal sell the Chicago Board of Trade building to a group that includes USAA Real Estate Co., GlenStar Properties LLC and a Canadian pension fund.

NEW YORK CITY-American Icon has leased 3,200 square feet of space at 277 Fifth Ave.

IRVINE, CA-Voit Real Estate Services has reported that Mazda North American Operations has acquired an Irvine complex, which contains three buildings, for $27.75 million.

NEW YORK CITY-Millburn, New Jersey-based Hatch Mott MacDonald has leased 15,088 square feet at 1400 Broadway from W&H Properties.

MEMPHIS-CB Richard Ellis Memphis has completed the sale of a retail center in Memphis.

CAMBRIDGE, MA-San Diego-based BioMed Realty Trust Inc. has reached a deal to purchase Cambridge Place, a three-building office complex in Cambridge, for $119 million.

NEW YORK CITY-A new store known as Bicycle Roots will be opened in Brooklyn's Bedford-Stuyvesant neighborhood this spring.