NEW YORK CITY-Macy's Herald Square will receive a $400-million improvement.

LAUREL, MD-Citybizlist.com reported that Federal Capital Partners has purchased Montpelier Crossing, a townhome and apartment community consisting of 386 units at 9689 Muirkirk Road in Laurel, for an amount of $33.6 million.

CHICAGO-The owners of a 540,676-square-foot office tower on Wacker Drive have negotiated a loan modification.

NEW YORK CITY-New women's apparel and accessories retailer C. Wonder has agreed to lease 24,000 square feet of space at 1115 Broadway situated at West 25th Street for its corporate office.

SAN CARLOS, CA-Kabam Inc. is relocating from its 40,000-square-foot headquarters at 101 Redwood Shores Parkway in Redwood City to a larger space in San Carlos.

PARIS-A partnership between the STAM REI III investment fund controlled by STAM EUROPE and a real property investment fund co-managed by AEW Europe and Tristan Capital Partners is planning to convert a multi-story car park in Paris' Bastille area into an office and retail property.

BRADFORD, UK-Harrogate-based Ripley Asset Management has purchased a retail investment in the center of Halifax for the Longcross Investment Fund.

VIENNA, VA-Real estate company Capital Automotive has proposed a mixed-use project along Spring Hill Road in Tysons Corner.