WHITE PLAINS-In just about three years time, R Squared LLC makes about $57 million on its the Source at White Plains retail property. The New York City-based firm, which developed the complex for $96 million, sells it to an entity controlled by UBS Realty Investors for $153 million.

WHITE PLAINS, NY-In just about three years time, R Squared LLC makes about $57 million on its the Source at White Plains retail property.

STAMFORD, CT-Aircastle Advisor begins moving its operations from New York City to more than 13,000 sf of space at W&M Properties' 300 First Stamford Pl. building here.

HARTFORD-Northland Investment Corp. acquires the landmark Goodwin Square hotel/office property here from the Connecticut State Pension Fund. The complex changes hands in a $41-million transaction.

WALLKILL, NY-Ginsburg Development officially breaks ground on its first residential community in Orange County--the Fairways at Wallkill, a 217-unit residential community.

STAMFORD, CT-Walker Digital, LLC signs a new lease for 15,075 sf and will relocate its operations inside High Ridge Park here.

STAMFORD, CT-The developers of the Mill River House condominium project here, that has been under construction for more than a year, report that the development is 100% sold. In addition, their Adams Mill River House condo project, which has yet to break ground, is 50% pre-sold.

MILFORD, CT-HRPT Properties Trust acquires Milford Place Corporate Center, a 143,802-sf office building here that is nearly fully leased. The company hands over $17 million to BPG Properties.