NEW YORK CITY-The rumors surrounding Paramount's deal for the 729,011-rentable-sf Deutsche Bank Building are true.

LOS ANGELES-The Hines US Office Value Added Fund acquires the 12100 Wilshire Blvd. office tower. The price is undisclosed, but sources peg it at $230 million.

DALLAS-Hines REIT says Chase Tower will be part of the portfolio for a long time. Stream Realty, part of the selling JV, keeps leasing reins and its 35,000-sf spot too.

SCHAUMBURG, IL-The Woodfield Preserve Office Center is 96.5% leased with tenants including IBM, RSM McGladrey, Chef Solutions and American Family Insurance.