MIAMI-Adler Group teams up with UBS Global Asset Management, Global Real Estate for a three-year acquisition plan. The venture will focus on office and industrial properties, but will also consider retail.

LAKELAND, FL-Ashley Aluminum takes industrial space at a newly constructed building within the Ruthven West Lakeland Industrial Park.

DALLAS-The REIT will jump into decisions about pruning assets and picking JV partners for its $2.4-billion stake in the $6.6-billion deal.

MIAMI BEACH-KBS Realty Advisors acquires an office and retail building at 555 Washington Ave. for $30 million. The building is currently 79% leased.