LONDON-Parlison Highcross Developments has sold Edinburgh's tallest building, the Exchange Tower, to a group of Danish investors for pounds 21.15 million ($33 million), reflecting a 6.9% initial yield.

LAKE FOREST, CA-NRCC Mortgage of Tustin, Calif. buys a newly completed, 21,336-sf office building here at 14 Orchard Rd., while RJM Holdings of Pebble Beach buys a 32,272-sf medical office building in Fountain Valley.

DENVER-Toe surgery may have sidelined LA Lakers star Shaquille O'Neal, but that just gives him more free time to hone his skills in the affordable multifamily real estate arena.

GAITHERSBURG, MD-Pre-engineered shared lab services prove to be a hit as gene therapy research company Intronn commits to 9,000 sf in the specialized development within Tech Park 270. Tailored to accommodate mid-sized bioscience firms, the space leases for about $32.50 per-sf.