CHICAGO—The decline among big boxes parallels a similar decline among the overall net lease retail sector.

LOS ANGELES—Pacific Beverage buys the land parcel from Sares-Regis Group to build a 102,000-square-foot regional distribution center.

NEW YORK CITY—During a luncheon held earlier in the week, the organization announced that the city has been chosen for next year's CREW National convention.

CHICAGO—CityR Group, an international firm, bought the Steger property for more than $51 million and typically repositions investments to generate returns.