LONDON-Real estate entrepreneur Robert Tchenguiz has emerged as the silent partner in a syndicate set up to buy 137 NCP car parks for $1 billion. He joins Israeli investor Igal Ahouvi.

PALO ALTO, CA-With the first fund of their new company Broadreach Capital Partners now closed at $300 million, the four-man core of Spieker Properties, which Equity Office Properties acquired in 2001, is ready to do it again.

FREEHOLD, NJ-The sporting goods chain's 37th store, being built by JMB Associates at a cost of $6.7 million, is part of a 350,000-sf expansion at the super-regional Freehold Raceway Mall.

NEW YORK CITY-Students are already living in the 169 rooms Educational Housing leased at the hotel. In total, the company took 67,000 sf for $30 per sf on a five-year term.