LONDON-Morley Properties, has sold the freehold of Cedar Court, a 21,000-sf office building in Leatherhead, Surrey, to St. John's College, Cambridge, for over Pounds 7 million ($10 million).

NEW YORK CITY-The Philadelphia-based managed services provider acquires 14 assets from Hilton Corp. The transaction includes two owned, two leased and 10 managed properties.

PHOENIX-The 483-unit Sunplace Apartments brings in $9.9 million for its Las Vegas seller, who is reinvesting proceeds from multifamily sales into its hotel properties. Bigelow's Desert Star is on the market for $11.9 million.

HOUSTON-The stressed-out tony submarket, shouldering its share of class A vacancy, gets some relief with a new deal. JPMorgan Chase's office is located in the 76%-occupied, 286,773-sf Chase Bank of Texas Building.