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The increased push for upzoning has come amid newly introduced rent regulation for next year's statewide legislative session.

The team, led by David Beshears, brings a 25-year track record and will focus on a wide variety of property types, primarily in Florida and the Southeast.

The property at 8595 Beach Blvd. is anchored by Rowe's IGA Supermarket, Planet Fitness and the Armed Forces Career Center. Built in 1991, the property is 94% occupied and will be rebranded by the new ownership as Gates of The Promenade Shopping Center.

JLL also helped SFA secure a 10-year, $24.75-million fixed-rate acquisition loan for the portfolio that is located near Center City Philadelphia.

The transaction, according to Cushman & Wakefield, for the full-building lease involved the negotiation of a lease termination with existing tenant, Sun Pharmaceutical, and the arrangement for the purchase of in-place research and development infrastructure.

A New Jersey-based real estate investor buys two buildings in the Deerfield Corporate Office Park.

The 10-year deal at the 17-story, 332,000-square-foot building in Chicago's West Loop was announced by Colliers International. Onni Group acquired the Union Tower building earlier this year for approximately $80 million, according to multiple published reports.

The joint-venture partners purchased four housing communities across four different university markets.