WHITE MARSH, MD-Ownership of the 78,600-sf warehouse/industrial structure at 10939 Philadelphia Rd. changes hands for the first time in two decades, as owner JCB Excavating Co. sells the building to JKH Properties in a $2.2-million transaction. JKH plans to subdivide the space for leasing.

NEW YORK CITY-BOMA's New York chapter is not ready to take the largest property tax hike in the city's history lying down. BOMA/NY offers to help the Bloomberg administration identify alternative revenue streams, but says the Mayor's 18.5% tax increase is unacceptable.

CHICAGO-One of the busiest multifamily developers in the city, Senior Lifestyle Corp., buys a 35,000-sf site at 2809-35 S. Halsted St., where the Old Hickory Pit restaurant served customers, for a $9-million affordable housing development for seniors.

SOUTH BRUNSWICK, NJ-The store will replace and expand an existing Grand Union store at Strategic Resources Corp.'s 275,000-sf South Brunswick Square Mall.