SAN DIEGO-Publicly traded UnitedAuto Group pays $4.62 million for the 2.8-acre site with plans to demolish the building as part of a $40-million redevelopment of its car dealerships along Kearny Mesa Road.

ROCHESTER HILLS, MI-Village of Rochester Hills is the first attempt at a de-malling in the state. The complex is undergoing extensive changes from a 120,000-sf mall to 375,000-sf outdoor mall.

LEWISVILLE, TX-A 262,000-sf center in Dallas closes as does a 670,000-sf facility in Oklahoma City. Fleming gains a 780,500-sf Albertsons center in Tulsa. The real estate shuffle is just part of an earnings call that pushed stock $2.38 per share to a $24.85 close.

HOUSTON-Martin & Martin Real Estate Partnership acquires 54.5 acres in the city's northwest submarket while the Woodlands Academy takes control of 30 acres along Kuykendahl. The partnership is eyeing an industrial project on part of the tract.