SAN DIEGO-The city of San Marcos and Affirmed Housing Group have reopened the Sage Point Apartments, an apartment complex consisting of 40 units, after completing the interior improvements.

DAVIE, FL-Federal Realty Investment Trust has acquired Tower Shops, a community center measuring 372,000 square feet in Davie, for an amount of $66.1 million.

CARLSBAD, CA-Hilton Hotels and Resorts getting ready to start construction of a new resort and spa on a Carlsbad site.

WASHINGTON, DC-The Office of the Comptroller of the Currency is planning to lease nearly 650,000 square feet of space at Constitution Square located at 400 Seventh St. SW in Southwest DC.

NEW YORK CITY-Long Island, NY-based SMA Equities has acquired an Upper East Side building for $5.5 million.

DELRAY BEACH, FL-Cohen Commercial Realty, Inc. has negotiated a new lease deal in Delray Beach.

CHICAGO-An investor group, which includes a former Chicago planning commissioner and a suburban contractor, has plans to construct a 39-story tower at 174 W. Randolph in the Randolph Street theater district.

OKLAHOMA CITY-The Haskell Company has finished construction of a new Armed Forces Reserve Center in the city of Muskogee, OK.