NEWPORT BEACH, CA-Buchanan Street Partners and the huge pension fund have increased their capital commitment to Buchanan Urban Investors, which targets value-added urban redevelopment.

PHILADELPHIA-The Long Island-based UPREIT pays an average $82.40 per sf for two Giant Eagle grocery-anchored centers in Cleveland and one in Columbus anchored by a Big Bear Supermarket. The seller is Pepper Pike, OH-based Visconsi Companies.

CHICAGO-The Milwaukee-based Marcus Corp. remains in the early development stages of a Baymont Inn & Suites on Rush Street, among several other projects on the hotel and theater company's to-do list.

LONDON-Shares in City Developments Ltd, Singapore's biggest property group, fell for the third day in a row on fears the government may release more land and flood the market.