LAKE WORTH, FL-New York-based Philips Lake Worth Corp. pays $7.6 million in cash, or $37.07 per sf, for the Palm Springs Plaza neighborhood retail center in this Palm Beach County community 59 miles north of Miami.

BEAVERTON, OR-The Beaverton School District pays $4.99 million for a 13.84-acre site on Northwest 167th Avenue that includes a 45,000-sf building. The district is also leaning toward condemnation proceedings to acquire 18 acres off Barnes Road.

DELRAY BEACH, FL-The locally based homebuilder is exercising its right to redeem 100% of $35.8 million in outstanding senior notes. Delray Beach is 47 miles north of Miami.

SEATTLE-The locally based golf and leisure apparel company eliminates jobs for the first time in company history and intends to open just two stores this year due to lousy sales.