LONDON-The 60-room luxury St. James Hotel & Club, purchased by Mian Muhammad Mansha, sold for almost $1.6 million per unit.

CHICAGO-The new loan, arranged by Holliday Fenoglio Fowler LP, allowed the borrower to pay down a floating rate of credit and replace it with long-term debt at low interest rates.

SHANGHAI, CHINA-The mega-retailer, with 3,100 stores around the globe, is opening its first clothing store in China today. Three more stores will open here and in Beijing in November.

MINNEAPOLIS-Sources say the developer bought back at a gain, after selling the 700,000-square-foot Fifty South Sixth office building to KanAm Grund for $193 million.

SAN ANTONIO-Berkeley Heights, NJ-based Connell recently bought the 270-unit Estates at Canyon Ridge, after a few failed attempts at entering the Texas multifamily market.

CHICAGO-The local retail REIT, now split in two, has restructured about $15 billion in project-level debt after a 19-month battle that also successfully fought a Simon takeover attempt.

CHICAGO-The plan still includes no tenant in a market that has a shortage of large trophy space, and follows a recent announcement of another one-million-square-foot tower in the city.

CHICAGO-The derivatives clearing organization cut a deal to drop from 70,000 square feet to 58,000 square feet, in return for a 10-year renewal at One N. Wacker Dr. in the West Loop.