LEMON GROVE, CA-3240 Partners Limited will use the financing to acquire the Olive Street Apartments complex. Located at 3420 Olive St., the property contains 50 units that encompass a total of 79,794 sf.

SEATTLE-Microchip Technology of Chandler, Ariz. selects Binswanger/Puget Sound Properties to unload its 92-acre, 710,000-sf fabrication facility in Puyallup, Wash. The list price for the ready-to-occupy facility is $93.8 million.

SEATTLE-Nearly four years after starting its search, the law firm Preston Gates & Ellis LLP is moving this weekend to 240,000 sf in the recently completed IDX Tower at Fourth and Madison. The firm is currently located in Bank of America Tower at 701 5th Ave.

KEARNY MESA, CA-The Wilmington, DE-based producer of hydrocolloid products sells its 63,445-sf corporate campus in Kearny Mesa to Westcore Commercial Properties and then inks a 10-year, $8-million leaseback as part of the transaction.