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ATLANTA-An unidentified pension fund advised by Heitman Capital Management of Chicago sells the 31-year-old, 18-story, 270-unit tower at fast-developing Peachtree Road and Lindbergh Drive for $28 million or $103,703 per unit. A condominium conversion could be in the works.

REDMOND, WA-Trendwest Resorts Inc., one of the nation's leading timeshare companies reported record net income of $14 million, or 55 center per diluted share for the quarter ended June 30.

IRVINE, CA-Ditrans Corp's new corporate headquarters is four times larger than its previous location to accommodate growth. Both the former and new office locations are Irvine Company properties.

THE WOODLANDS, TX-Sigma-Genosys will be taking 39,000 sf of a 58,000-sf new building in Research Forest. The project, which just broke ground, abuts the biotech firm's existing operation at 1442 Lakefront Circle for a total of 70,000 sf.

BLOOMINGTON, MN-United's facility services group now has more than 14 clients and 5.2 million sf under management with a contract to oversee operations of the hearing aid maker's 124,000-sf regional headquarters complex.

MIAMI BEACH, FL-A local planning review board is unable to reach a consensus on the architectural design of a proposed 140-unit multifamily project on this exclusive island community.

SCOTTSDALE, AZ-Auto Nation, based in Ft. Lauderdale, has bought a Nissan dealership in Scottsdale, opening the door to a consolidation of adjacent operations to form the nation's largest Subaru dealership. Auto Nation shells out $2.3 million.

PHOENIX-The metropolitan region is feeling a pinch from the sagging national economy, with industrial vacancy dipping by nearly a point. The 7.2% vacancy results from more than 1.8 million sf coming back on the market.