NORTHBROOK, IL-The Society of the Divine Word gives North Shore Village, LLC a 150-year ground lease on 48 acres at the northwest corner of Willow and Waukegan roads, where a retail and office development could begin opening in 2004.

BREA, CA-The Orange County-based company buys two industrial buildings totaling 20,859 sf, plus the business of the tenant who occupied the property.

ARLINGTON, TX-The Florida private investor gets what she was looking for--real estate in Arlington. The transaction closes with proceeds from a sale in Austin and an $835,000 loan from First Savings Bank in Arlington, says a broker.

ATLANTA-The locally based firm signs a letter of intent to sell the undeveloped land on East Fox Court, across from its 403-unit Addison Place apartment community, for $336,842 per acre or $7.73 per sf. Roberts refuses to identify the buyer.