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HOUSTON-Ohio-based REIT, Glimcher Realty Trust has made good on a plan to buy out its joint venture partner at the Northwest and Almeda Malls in Houston. The firm has paid $5.5 million in cash and is assuming a $34.9-million mortgage on the properties.

DENVER-Equity Office Properties Trust's 560,000-sf asset at 1200 17th St. keeps Townsend and Townsend and Crew LLP in the 30-story office portion of a development that also includes Shops at Tabor Center, a parking garage and a Westin Hotel.

HOUSTON-MetroNational won't be tapping the capital for 18 months, but it has locked in the financing with New York State Teachers Retirement System. The loan will replace a credit line now being tapped for the owner's share of a $300-million renovation.

CITY OF COMMERCE, CA-Los Angeles Die Casting, a division of Del Mar Industries, signs the lease for 36,108 sf of space in a move from downtown Los Angeles after 75 years there.

HOUSTON-Two years after it was foreclosed, the Sharpstown Center secures a new owner. The private investor's game plan includes a multi-million-dollar renovation for the 72%-occupied mall positioned on 43 acres.

MESA, AZ-Foley Investments of Rancho Santa Fe, CA will spend upward of $500,000 on the class C complex positioned in a class B area. The complex is the last of seven to be sold in Arizona for the divestiture of FowlerShore & Flanagan.

HOUSTON-The duet's second Houston project, 3000 Sage, will break ground in Q4. The 4 1/2-acre site and its 30-story, under-construction neighbor carve a high-end residential niche just a block from the Galleria's all-star shops.

PICO RIVERA, CA-Total Warehousing leases the space at Robertson Properties Group's new Pacific Gateway Business Park in a seven-year, $5.9 million deal. The Pico Rivera facility is an expansion for the company, which is based in Phoenix.