LONDON-Royal London Asset Management has sold Ames House at 6-7 Duke Street in St James's, London SW1 to Standford Properties for pounds 8.45 million ($13.5 million) reflecting a net initial yield of 5.7%.

LOS ANGELES-Zaremba Group of Cleveland signs a $7.5-million ground lease for a site in Lakewood, CA, while Jacksonville, Fla.-based Regency Centers buys a site in Hawthorne for $3.8 million.

WESTMINSTER, CO-This Colorado town joins the ranks of those seeking a new town center, with a mixture of retail and office space. But it has to be "Main Street-style.

RICHARDSON, TX-A Dallas-area investment group takes out a $795,000 loan and pays the balance in cash to buy the 22,000-sf Cottonwood Medical Plaza, a fully leased, eight-building property in Richardson.