WASHINGTON, DC-Phillips Realty Capital comes through with $17 million for Guardian Realty's purchase of the 80,000-sf office property at 1000 Vermont Ave. The Bernstein Cos. is selling the class B building for $21 million.

CROMWELL, CT-The HB Nitkin Group has closed on an $11.5 million refinancing deal for its 215,590-sf Cromwell Square Shopping Center property, according to Holliday Fenoglio Fowler LP, which brokered the transaction.

LOS ANGELES-Kenji Hara becomes the new president and CEO of Kajima Construction Services.

EASTAMPTON, NJ-With the acquisition of the 304-unit Sherwood Village complex, the company's South Jersey portfolio now includes 1,500 units in Burlington and Gloucester counties.