PORTLAND-The owners of a health club currently in the basement of the Governor Hotel have signed a lease that commences next spring for the first two floors of the three-story historic structure at Southwest 11th Avenue and Washington Street in Downtown Portland.

RANCHO SANTA MARGARITA, CA-The four buildings, totaling 19,659 sf, are part of the new Arbours Office Campus being developed by Investment Development Services of Los Angeles. General offices and medical uses will fill the spaces.

STAMFORD, CT-Elizabeth Arden Spas and Salons Holdings will relocate its corporate headquarters operations from Phoenix to 8,500 sf of space at 300 Main St. here, reports Insignia/ESG, which was a broker in the transaction.

SYDNEY, AUSTRALIA-Lend Lease Corporation Ltd. enters into an agreement to sell its Housing and Community Investment business to Municipal Mortgage & Equity LLC, also known as MuniMae. The sale is expected to close June 30.