"While commercial real estate pricing appeared to be rebounding earlier this year, recent declines show a market struggling to cope with various economic uncertainties," says Ten-X's Peter Muoio.

The Canada Pension Plan Investment Board's Parkway Inc. acquisition follows its participation in a joint venture for 11 of the REIT's properties two months ago.

Owned by Alinda Capital Partners since 2011, the company operates 57 parking facilities across 13 major cities.

Even with many new apartment properties coming on line, strong demand from renters is shoring up pricing power, says Greg Willett at RealPage.

The Chicago-based private equity firm specializes in acquiring education, healthcare and storage properties through its core and opportunistic funds.

The merger between land developer Forestar Group and Starwood Capital, first announced in April, has been called off.

For buyer American Hotel Income Properties REIT, the acquisition continues a focus on "high barrier-to-entry secondary metropolitan markets in close proximity to major population centers," says CEO Rob O'Neill.

Nearly 2,200 Rite Aid locations will make the transition to the Walgreens brand, with the stores coming into the Walgreens Boots Alliance fold on a phased basis.