WASHINGTON, DC—The REIT sold Montgomery Village Center, a 197,000-square foot shopping center in Montgomery Village for $27.8 million in December of 2015.

CARLISLE, PA—American Realty Advisors has acquired the 700,000 square-foot warehouse/distribution property at 2 Ames Drive in Carlisle, PA, from a joint venture between Dermody Properties and PCCP.

BETHESDA, MD—Besides acquiring Bethesda Place, Hines also refinanced One Franklin Square with a $260 million loan from Mesa West Capital.

IRVINE, CA—Despite office deliveries expected to reach close to 600,000 square feet in 2016 and 2.2 million square feet in 2017, completions won't all come at once, helping absorption to catch up, JLL's Jeff Ingham tells GlobeSt.com <b>EXCLUSIVELY</b>.