TAMPA, FL-ARG Capital Partners' San Diego office has arranged a joint venture investment totaling $16 million for Feldman Equities, Inc.

SAN DIEGO-CB Richard Ellis has closed the sale of an office building in San Diego.

CHICAGO-Chicago-based Newcastle Ltd. has bought a former post office property in Streeterville for $5.9 million.

TAMPA, FL-AREA Property Partners has purchased Sabal Palm at Boot Ranch situated in Palm Harbor and Promenade at Carillon situated in St. Petersburg in the Tampa Bay area.

SAN DIEGO-The long-awaited mixed-use Pacific Station has finally emerged in downtown Encinitas.

PHILADELPHIA-Marcus & Millichap Real Estate Investment Services has brokered the sale of a net-leased CVS portfolio situated nationwide.

NEW YORK CITY-Starwood Capital acquired 1414 Ave. of Americas, situated on the southeast of W. 58th St., from Murray Hill Properties for $72 million.

NEW YORK CITY-Novartis, a Swiss-based drug company, has signed a 15-year lease for 22,050 square feet at 230 Park Avenue.