LOS ANGELES—A triple-net-lease tenant buys its 31,242-square-foot location, and then turns around and sells it to a hungry group of investors, netting approximately $1 million in profit.

CLEVELAND—The partners now have a portfolio of 35 retail assets with about 4.8 million square feet of owned gross leasable area.

NEW YORK CITY—Formerly belonging to Africa Israel and Five Mile Capital Partners, the space sits in the former <i> New York Times </i> buildling.

PHILADELPHIA, PA—Two technology firms, Curalate and Lyquix, are expanding their presence in the Center City business district, underscoring a trend for high tech companies to return to the city's core after years in the suburbs. Lyquix is paying Kaiserman Companies a reported $210,000 to lease 1,500 square feet of space at 400 Market Street.