SANTA CLARA, CA—Mission Park is set for a transformation to the existing office park, with plans approved for retail space, as well as a five-story, 175-room extended stay hotel on the property.

BRIDGEWATER, NJ—A wholly owned subsidiary of Ericsson, iconectiv is relocating from a building in Piscataway, NJ.

WASHINGTON, DC—Although publicly traded REITs have grown accustomed to managing their own properties since Congress gave them the go-ahead, CBRE's Drew Genova and his colleagues have made a persuasive case for third-party management.

NEW YORK CITY—The funds are earmarked in part to refinance a Midtown tower that is home to a number of financial services tenants.