NEW YORK CITY—The buyer was Madison Realty Capital, marking the firm's second such investment in Brooklyn.

CAMBRIDGE, MA—TIAA-CREF has entered the burgeoning life sciences sector here in a big way. The New York City-based financial services firm has acquired a 70% interest in 225 Binney St. from Alexandria Real Estate Equities, Inc. for $190.1 million.

INDIANAPOLIS—It's the first such offering from Simon Property Group in nearly a year; the operating partnership made more frequent issuance of senior notes in the years following the 2008 financial crisis.

ORLANDO, FL—The 709-unit portfolio, including the Parc at Duluth in Duluth, GA, brings the non-listed healthcare REIT's year-to-date acquisitions to more than $500 million.