NEW YORK CITY—“Sutton Place is a deeply undersupplied neighborhood with tremendous upside potential,” says Eastern Consolidated's Adelaide Polsinelli, who arranged the three-building sale to Bauhouse Group.

TORRANCE, CA—Compared to the pre-downturn market, “lenders are less likely to skip steps” when it comes to due diligence, Partner Engineering & Science's Joe Derhake tells GlobeSt.com.

MATTHEWS, NC—Shareholders accepted Dollar Tree's offer of $77.05 per share, on grounds that it was more likely to win FTC approval than the rival bid from Dollar General.

WASHINGTON, DC—The SEC says these were the first-ever enforcement actions of their kind against a major ratings firm; S&P neither admits nor denies wrongdoing in settling the charges.

FRAMINGHAM, MA—A merger would create “an industry-leading office supply retailer that could more effectively compete” against larger rivals, shareholder Starboard Value asserts in a letter made public on Tuesday.

NEW YORK CITY—This year, REITs that emphasize the office, industrial and retail sectors should pull ahead in growth leadership, says Fitch Ratings.

PHOENIX—The lion's share of tower cranes looming over construction sites in major cities goes to rental and condominium projects, according to Rider Levett Bucknall's new index.

IRVINE, CA—With a portfolio now closing in on the $1-billion mark, CEO Jeff Hanson says “we couldn't be more pleased” at the rate with which the REIT is achieving scale.