WOODLAND HILLS, CA-The Denver-based apartment specialist buys an 11-acre site for a 522-unit development on a site that now houses a TV studio complex. Construction will start in about a year.

IRVING, TX-The Azteca Business Development Group swoops in for the close in less than a month for a Wal-Mart shuttered in 1994 to get its second site with a sublease of just under 10 years. Now, its broker is reviewing sites outside the Texas line.

LONDON-Helical Bar has sold its biggest single asset, an office and retail investment on Edgware Road in London's West End to Dunedin and the US investor GMAC.

HOUSTON-The Fort Worth retailer will open its second combination store in Houston, signing for an under-construction, 78,000-sf third phase to the Kingwood Commons center. The lifestyle component, now 80% pre-leased, delivers in October.