NEW YORK CITY-The 33-story class A office property picks up its first new tenant since it was acquired in joint venture earlier this summer. Taconic Capital Advisors will occupy the entire eighth floor for 10 years beginning in January.

MORENO VALLEY, CA-The deal reflects the rising values in the Southern California apartment market: The 76-unit Palm Terrace complex was marketed for $3.8 million a year ago but didn't sell at that price.

CHICAGO-Finding success in building retail centers in traditionally underserved areas of the city, the Glazier Corp.'s Cardinal Limited Partnership plans to build 12,800-sf of much-needed commercial space at 5233-39 S. Ashland Ave. by buying land from the city, which in turn will provide tax increment financing to help the $1.64-million project.

BOULDER, CO-Boulder Investment Properties LLC will convert the 301-unit multifamily rental property at 993 E. Moorhead Circle to condominiums, the original plan when Tantra Lake was developed in the 1970s.