GARDENA, CA-Hyundai Merchant Marine sells the 12-story, 247,244-sf Andrex Point office building to Commercial Ventures Inc. of Westwood, Calif. The 13-year-old building is 61% occupied.

DALLAS-AmeriSouth refinances four Dallas complexes as it readies for a triple acquisition in Dallas and Austin. The loans, provided by Cleveland's KeyBank, range from $2.4 million to almost $7 million.

MONTGOMERY, TX-The office component is 75% pre-leased while the underground bunker, being converted for high-security data use, is 60% taken. Move-in to both components could begin in three months.

NEWPORT BEACH, CA-Health Care Property Investors Inc. says it will fund the loan and a $12.25 million equity investment for American Retirement Corp., which will use the funds to refinance existing debt.