JUPITER, FL-Aquila Property Co. has not provided an asking price for its proposed sale of the 190,000-sf former Pratt & Whitney executive office building. The rental rate for the vacant 80,000 sf is below $20 per sf.

HAZLE TWP., PA-The owners of an aggregate of 112 acres of property with general commercial zoning put it up for sale. The asking price for the vacant land is $60,000 an acre.

MIAMI-In a rare trade of rental multifamily assets not destined for condo conversion, Fairfield Residential buys a five-property portfolio from TAM. It keeps the three Florida facilities and sells two located in Pennsylvania.

NEWTOWN SQUARE, PA-The REIT converts a floating-rate loan on the Grandmarc at University Village in Riverside, CA to a $42.1-million fixed-rate mortgage and places a $29.9-million mortgage on Pegasus Connection in Orlando.

PHILADELPHIA-The company owned by Mashantucket Pequot Tribal Nation partners with investors, including a charitable entity of PREIT's Ron Rubin, unveils a $300-million casino. It will compete for one of two gaming licenses to be awarded here.

MIAMI-Koala Miami Realty Holdings obtains 13 renewals and new leases for office spaces that range from 562 sf to 12,311 sf. Current average asking rates in this Airport West submarket are at the $23-per-sf level.

PHILADELPHIA-Just under the wire, two contenders, Chicago's Midwest Gaming and Pinnacle in Las Vegas, join Trump and Planet Hollywood.

PHILADELPHIA-Just under the wire, two contenders, Chicago's Midwest Gaming and Pinnacle in Las Vegas, join Trump and Planet Hollywood in applying for one of two licenses to be granted for stand-alone casinos here.