COLUMBUS, OH—WP Glimcher will continue to manage and operate the five retail properties, which are located in Arizona, Hawaii, Kansas, Ohio and Tennessee.

NEW YORK CITY—The nontraded REIT will pursue an acquisition strategy similar to its predecessor, with a portfolio ranging from branded hotels to mixed-use projects with non-lodging components.

HOFFMAN ESTATES, IL—The beleaguered retailer expects proceeds of more than $2 billion from the sale of some of its Sears and Kmart stores to the standalone REIT.

WILMINGTON, DE—Separately from offering to buy 1,700 or more stores, Standard General is also bidding on rights to the RadioShack brand name.

NEW HYDE PARK, NY—CEO of the shopping center REIT since November 2009, Henry will be succeeded by current president Conor Flynn.

NEW YORK CITY—This investor class accounted for about 46% of the total dollar volume for US commercial real estate sales in 2014, says Real Capital Analytics, although the picture changed in January.

NEW YORK CITY—AIP Phoenix Global Real Estate Secondaries Fund II will focus primarily on acquiring secondary interests in private equity real estate funds and making co-investments alongside fund managers.

NEW YORK CITY—The investment group of the Agnelli family reportedly prefers a private buyer and will not sell to a competitor; a C&W spokesman tells GlobeSt.com that there is “currently no transaction to disclose.”