DENVER-The automotive and industrial parts maker chose to build on 10 acres in the Inverness Business Park rather than relocate to Atlanta or Kansas City. They were among seven Midwest and Southeast sites considered.

SCOTTSDALE, AZ-Gyro Engineering Corp. of California lays out about $8.2 million for the Evans Business Center, a 47,159-sf office building with 29 tenants. The buyer, with 1031 Exchange capital, assumes a $4.5-million, 20-year loan to make the close.

MIAMI-Douglas Place, a 14-story, 83-unit boutique property, is scheduled to break ground in June and be completed near the end of next year. The H&H Development Co. project has about a $20-million sellout value.

CHICAGO-Consoer Townsend Envirodyne, a tenant since the building opened in 1980, renews a 74,000-sf lease while affiliated company McClier will relocate into 43,000 sf from 401 E. Illinois St. later this year.