ORLANDO-Local multifamily developer Alan Ginsburg pockets $2.3 million in cash; $2.58 million in preferred stock; and gets options to buy another $700,000 of common stock. Tarragon adds $31 million in land assets to its books and $25 million of pre-existing partnership debt.

PALO ALTO, CA-The provider of business integration software is acquiring the four buildings that comprise its corporate headquarters here and has signed a 51-year lease for the land beneath the buildings.

WASHINGTON, DC-Metro Center, the nearly 250,000-sf corner office building at 700 13th St., lands in the property portfolio of Lend Lease US Office Trust, courtesy of a $96.5 million acquisition deal.

BOSTON-Legislation that would enable municipalities to use bond financing to fund infrastructure projects has passed both the House and the Senate and is currently in committee. NAIOP is confident it will pass.