EDISON, NJ-A 105,000-sf property is moved out of the Archon Group's portfolio. Most of the property is occupied by consulting, association and technology-related firms. C&W represented the seller in the deal.

NEW YORK CITY-Cushman & Wakefield, based here, has signed a letter of intent with the Atlanta-based company, The Apartment Group. The two companies will merge their multifamily brokerage operations.

ATLANTA-The new entity plans to tap 20 national markets this year. Terms of the merger were not disclosed. The 16-person Apartment Group will remain based in Atlanta.

HOUSTON-The Houston Ballet has secured 2.2 acres to build a specially designed warehouse for equipment and set designs. The property, close to the group's performance hall, will be up and running in the summer.