PHOENIX—Two 1999-constructed properties are sold for more than $50 million each and although in immaculate condition, the ages of the assets give way for renovations to boost rents and attract tenants.

CLEVELAND—Following recent announcements from Sears, Sports Authority and others, RBC Capital Markets analysts note that it's “too early to say just how extensive the store closings might be.”

MIAMI—Four freestanding office buildings in Fort Lauderdale have traded hands. The combined value is small but the deals mark a trend in the local…

NEW YORK CITY—The firm has hired a seasoned industry professional to expand its footprint into US markets from the UK, Asia-Pac and Australia.