IRVINE, CA—Memphis has the most favorable cap rate, while San Francisco and San Jose, and Orange County are among the least favorable.

CHICAGO—The Chicago suburbs were particularly strong, as mild weather pushed up sales and a lean inventory pushed up prices.

MALVERN, PA—Months after relocating international building products firm Saint-Gobain to a redeveloped office campus here, E. Kahn Development, J. Loew & Associates, and AEGON US Realty Advisors have sold the Saint-Gobain North American Headquarters, a two-building, 65-acre corporate campus in Malvern, PA, to Chicago-based 90 North Real Estate Partners and Arzan Wealth for $123 million.