LOS ANGELES—The absorption rate retail has seen over the past year is “phenomenal” in view of “the uneven economic recovery and lingering consumer uncertainty,” according to Lee & Associates' Q2 report.

BIRMINGHAM, AL—The deal for Capella, which will add two million square feet of hospital space to Medical Properties Trust's portfolio, is “simply the next step along our track record of creating strong double-digit growth,” says CEO Aldag.

PHOENIX—“Changing the name of the company was high on my list of priorities as we work towards establishing a new business foundation and organizational culture,” says Glenn Rufrano, the net lease REIT's CEO.

IRVINE, CA—The success of the bidding process for hotel assets in Orlando and other markets is “a great example of how commercial real estate transactions continue to move online,” says Auction.com's Anthony Falor.

NEW YORK CITY—The capital markets and investment veteran will oversee a $357-billion global investment portfolio, including more than $75 billion of real estate assets under management.

NEW YORK CITY—For markets such as New York City and Los Angeles, traditional tenants still focused on the bottom line may balk at rent escalations, says Savills Studley, which also sees other forces at work.

MUNICH—Allianz Real Estate's first pan-European transaction of this type, the deal is also among the largest syndications between banks and institutional investors in Europe.

SYDNEY—Reportedly the largest direct real estate transaction in Australian history, the deal for 126 Phillip St. and eight other office towers marks a step in Morgan Stanley's exit from its Australian real estate business.