TEMPE, AZ-BYPG Holdings buys the 203,072-sf, mixed-use complex from Bank One, which took back the asset earlier this month from its developer. The new owner is facing some monumental challenges in turning around the 75% vacant project.

LOS ANGELES, CA-The CIM Group development includes a long-sought supermarket for Downtown L.A., along with 250 loft-style apartments at the old Gas Co. headquarters. The 7.2-acre site is in the center of Downtown between 8th and 9th Streets and Flower and Hope Streets.

PORTLAND-Company Principal Robert Scanlan tells GlobeSt.com that a pending zone change in the area around Northwest 23rd and West Burnside would up the height limit for his property, allowing for a condo tower on a developable lot that came with its $20-million purchase of the 47,000-sf center in June.

GARDEN GROVE, CA-Morning Sun Shirt Co. acquires the former Montgomery Ward & Co. facility for $3.7 million from a partnership that bought it last year after Montgomery Ward & Co. liquidated.