PUNTA GORDA, FL-The real estate brokerage division of St. Joe Co. paid an undisclosed sum for the locally based firm. Punta Gorda is in a fast-developing commercial corridor, 138 miles northwest of Miami.

DULUTH, MN-Grosse Pointe Development Co. will build a hotel, retail development and more than 900 luxury condominiums on 150 acres, one of the last large remaining undeveloped sites in southwest Florida.

LONDON-Chicago-based firm sells the 290-room property it acquired in 1998. The hotel is in the Westminster district of central London, and includes two restaurants and 14,000 sf of meeting and banquet space.

ALAMEDA, CA-The 1-acre parcel is pre-approved for more than 100 luxury condominiums. The buyer is a partnership of The Riding Group LLC and Signature Properties Mission Bay of San Francisco.