SAN FRANCISCO—The class A property goes to Multi-Employer Property Trust for $216.5 million, increasing the fund's investment commitments in the Bay Area to more than $929 million in existing assets and new developments.

RIVERSIDE, CA—The venture between CT Realty and Prudential Real Estate Investors will focus on development of industrial buildings, the first being five buildings on a recently purchased 13.1 acres of land here in Riverside.

NEW YORK CITY—A mix of various new types of lenders are interested in the retail real estate sector, Coldwell Banker Commercial Alliance's (ICSC NY Booth 536) Petriella, tells GlobeSt.com.

NEWPORT BEACH, CA—The firm hires David Kidder to head Landmark Capital Advisors, a name change intended to reflect its expanded focus on both commercial real estate and residential land, GlobeSt.com learns <b>EXCLUSIVELY</b>.