NORTHBOROUGH, MA-The I-290 Industrial Park, currently owned by the Ohio Teachers Retirement System, is reportedly being purchased by the RREEF Funds. The broker, manager and seller of investment grade real estate is said to be acting on behalf of institutional investors.

CHICAGO-Builders Bank's Chairman and CEO Michael Winter is aiming to loan $300 million to entrepreneurial real estate developers before year's end. He ran a $1-billion portfolio at First Bank/Illinois.

TOLLESON, AZ-Banker Insulation is planning ahead for a forced relocation due to a runway project at Sky Harbor Airport in Phoenix. The building materials supplier has just paid $420,000 for six acres to build a 30,000-sf to 40,000-sf warehouse in Tolleson.

DENVER-The global provider of distribution services and facilities agrees to sell nine temperature-controlled distribution facilities to Nordfrost GmbH. The sale generates $36 million in proceeds but a $1 million book loss.