ALPHARETTA, GA-The Jacksonville, FL-based firm pays Holder Properties Inc. an estimated $150 per sf for the three-building, 465,000-sf package in this Atlanta suburb and brings St. Joe's office portfolio in metro Atlanta to about one million sf.

FORT WORTH-Direct Development and Rreef close a "north of $14 million" deal for the fully leased Ridge Rock Plaza, a 10-acre pocket in a multi-million-sf retail hotspot. The deal is run on the QT, avoiding a heated face-off like Rreef encountered six weeks ago.

CHICAGO-Smithfield Properties, LLC's plan to raze the 12-story Scholl College of Podiatric Medicine building and replace it with a 22-story, 74-unit condominium tower along with 14 townhomes is endorsed by the plan commission.