JACKSONVILLE, FL-Locally based Mark One Realty outbid a dozen buyers for the 55,000-sf property that Allstate Life Insurance Co. had tried to sell conventionally for the past two years. Inland Real Estate Auctions of Oak Brook, IL orchestrated the transaction.

MEXICO CITY-A group of institutional investors led by CalPERS and the British Columbia Investment Management Corp. acquires 52 industrial properties and one office building totaling 5.6 million sf from the publicly traded Mexican real estate company G. Accion, which will provide property management services.

HOUSTON-With the approval in hand, Hines REIT is ready to launch on an initial offering of 200 million shares. The sale is projected to generate up to $2.2 billion in equity with a buy-in minimum of $2,500.

MIAMI-Two new class A properties there are 80% to 95% leased, while sublease space is being absorbed, a new CB Richard Ellis report states. Leasing activity Downtown has been slower in the past six months.