NEW YORK CITY-The sale of the General Motors Building to Macklowe Properties will close shortly. Reports placed the price tag at $1.4 billion. The building had been the source of a long-standing battle between Conseco and Donald Trump.

LOS ANGELES-A private investor snags the four-story, 296,00-sf industrial building as an owner-user but will lease part of the facility.

MIAMI-Construction on the 22-story, 119-unit, $40-million luxury condominium tower planned here is expected to begin soon and slated for completion in spring 2005. Units are priced from $240,000 to $500,000. The developer is A.R. Development Group.

MIAMI-The 56-acre mixed-use project by Casam Development will feature 3,000 residential units and one million sf of retail space. The new sales center will also host a Master Brokers Forum on Oct. 15.