LOUISVILLE, KY-Stag Industrial Inc., a real estate investment firm based in Boston, has bought two warehouse and distribution centers in Louisville for a total price of $15 million.

DUNCANVILLE, TX-W & B Service Co. LLC will consolidate its Garland and Dallas locations to Duncanville.

CORAL GABLES, FL-Flagler has completed a new lease deal for a Class A office space in the Central Florida region.

HOUSTON-According to a Houston Chronicle report, real estate experts predict that the sale of Hess Tower, an 844,000-square-foot office tower located in downtown Houston, could fetch as high as $444 million, which translates into $525 per square foot.

LONDON-LaSalle Investment Management has acquired the long leasehold share in 1-4 Connaught Place for more than GBP 22.5 million from Redevco.

PHILADELPHIA-A new hotel, comprising 264 guest rooms, is proposed for Center City Philadelphia.

GAITHERSBURG, MD-Saul Centers Inc. has acquired three shopping centers located in the Baltimore-Washington region for a total price of $168.5 million.

IRVINE, CA-The Irvine Co. is planning to sell 168 new homes in the Santa Maria neighborhood in the Village of Stonegate in north Irvine.