SUMNER, WA-DCT Industrial Trust has bought a 60-acre plot in Sumner for about $11.78 million with plans to build a large warehouse facility there.

BOSTON-A new four-story building could break ground by the end of this year at Boston's Marine Industrial Park in the Hub's Seaport District.

LONDON-The British Property Opportunities Fund has bought a commercial property in the Omega Works Building situated near the Olympic Park in East London with plans to develop flats there.

HOFFMAN ESTATES, IL-The Sterling Organization, an investment firm based in Palm Beach, Florida, has acquired Hoffman Plaza for a price of $14.2 million.

MEMPHIS-The redevelopment team of the historic Chisca Hotel in Memphis has bought the building and an adjacent parking garage for $900,000.

RESTON, VA-Vornado Realty Trust has inked an agreement to sell Reston Executive Center, a three-building office complex, to an undisclosed buyer for $126 million or approximately $255 per square foot.

LOS ANGELES-The Los Angeles Times reported that Sonny Astani, a commercial real estate developer, is planning for a $100-million mixed-use development on Hollywood Boulevard.

CLEVELAND-Cincinnati-based Phillips Edison-ARC Shopping Center REIT Inc. has bought a 157,000-square-foot shopping center named Brook Park Plaza in Brook Park, Ohio.