INLAND EMPIRE, CA-The Los Angeles-based Arden Realty sells the four-building portfolio of nearly 344,000 sf of class A office space to a private investor based in Northern California. The properties' occupancies range from 93% to 98%.

SAO PAULO, BRAZIL-In its first expansion outside the United States, Officespace.com licenses its product to a Brazilian partnership that launches a commercial real estate listing service for Sao Paulo, Brazil. The new site encompasses 149 buildings with 11.8 million sf.

BAYTOWN, TX-A Houston investor gets a 95%-leased complex in a submarket with an 89% occupancy average. The deal's sweet spot is that an upside plan, started by the seller, left some collection on the rent hike because some leases had yet to roll.

FORT WORTH-A memorandum, signed this morning in Austin, starts talks for a site and a team to set up the nation's fourth entrepreneur center. All metropolitan areas in the state will be considered, not just the Fort Worth regional office, officials say.