BRISTOL, PA-Office Environments Inc. pays $2.2 million for a 43,350-sf office/distribution facility on three acres in Keystone Industrial Park. It will relocate its headquarters from Pennsauken, NJ. The seller is HWR Corp.

CORAL GABLES, FL-Acquisition financing for the 161,000-sf office space here was arranged by the Miami office of Thomas D. Wood and Co. The loan has a 10-year term, and the first five years are interest-only.

PHILADELPHIA-Broadway Partners, which paid $84.5 million for the 849,308-sf trio of joined structures at 5th and Walnut Streets 16 months ago, has the property, minus its 18,315-sf adjoining land parcel, on the market for $115 million.

BAY HARBOR ISLAND, FL-H.R. Mortgage partners with Fleetwood Capital to buy 10 multifamily properties here for $12 million. The JV will renovate and convert 86 of the 135 total units to condos. Sales begin in February.

MALVERN, PA-Sanchez Computer hires Lieberman Earley to find a sublessor for its space at Two West Liberty Blvd. in Great Valley Corporate Center here. The lease extends through January 2016 at a rental rate of $19.75 per sf.

BOCA RATON, FL-Under the merger transaction initially announced on Oct. 20, stockholders in the locally based company that owned and operated five luxury properties in Florida receive $24 a share, taking the transaction value to almost $1.3 billion.

HUNTINGDON VALLEY, PA-The builder announces a net income of $409.1 million for fiscal 2004 and revenues of almost $3.9 billion. Contracts for more than $1.5 billion more are on the books.

WAYNE, PA-The London-based specialty chemical company pays a Wells JV nearly $77 per sf for the 130,000-sf office/warehouse building it has occupied for the past five years. It will consolidate its Philadelphia-area offices here.