WEST PALM BEACH, FL-Aldi, a grocery retailer based in Batavia, Illinois, will construct a 500,000-square-foot distribution facility in Royal Palm Beach.

CINCINNATI-Neyer Properties Inc. has leased 8,350 square feet at Highlands Market Square in West Chester Township to two retailers.

HOLLY SPRINGS, NC-Raleigh-based Rex Healthcare, a division of UNC Health Care, has opened a medical office facility in Holly Springs.

CLEARWATER, FL-A multifamily property in Clearwater has changed hands for $9.5 million.

LONDON-Standard Life Investments has bought Ascent Park, a trade park situated on Edinburgh Way in Harlow, for GBP 9.97 million.

FRANKFURT-Valad, a real estate investment manager in Europe, has leased 91,062 square feet of industrial space at Otto-Hahn-Strasse 36 in Lohfelden to Poco Domane Holding GmbH, a discount furniture supplier.

NASHVILLE-Colonial Properties Trust and Turkey Creek Land Partners LLC have sold Colonial Pinnacle Turkey Creek, a 659,000-square-foot regional center in Nashville, for $131.8 million.

NEW YORK CITY-The proprietors of the Keg Room have leased 8,400 square feet at 53 W. 36th St. for 20 years.