DENVER-One of the largest apartment REITs in the country issues approximately $246.8 million in debt. Net proceeds will be used to repay a portion of its borrowings under its unsecured revolving credit facilities.

VIENNA, VA-Borders Books & Music heads down the street to bigger digs in its relocation from 8311 Leesburg Pike, to the 220,000-sf mixed-use property at 8027 Leesburg Pike. The retail book chain's new space is 30,000 sf; 10,000 sf larger than its former home.

BENIDORM, SPAIN-Starwood Hotels & Resorts Worldwide Inc. and Xeresa Golf S.A. ink a long-term management agreement for operation of two hotels under construction adjacent to the Terra Mitica theme park in Benidorm.

NORTHERN VIRGINIA-Two truck facilities hit the auction block as Vancouver, WA-based trucking company Consolidated Freightways Corp. continues to sell off its stable of 220 properties as part of a bankruptcy process.