PITTSBURGH-Wells REIT II Inc. said in SEC filings yesterday and today that it paid $29.5 million for the 231,200-sf building, which is 89% leased to two tenants. The weighted-average remaining lease term is seven years.

CHARLOTTE. NC-A JV of Childress Klein Properties and TIAA-CREF sells a fully leased 112,000-sf building here to Wells REIT II for $20.7 million, and, for $17.1 million, an 111,000-sf building next door that is still under construction and 40% preleased.

EMERYVILLE, CA-Port Kihei Investments Inc., which acquired the Emery Bay Club Apartments in November for about $250,000 per unit, says it expects to sell the units off at an average price of $397,000 per unit.

KENT, WA-Equity Residential Properties Trust of Chicago sells the 198-unit development at a 5.25% cap rate to a partnership set up by Eduardo Cerna of San Jose.

MURFREESBORO, TN-The operator of long-term care centers leases the properties from one of its affiliated REITs, National HealthCare Corp.

MURFREESBORO, TN-The operator of long-term care centers leases the properties from one of its affiliated REITs, National HealthCare Corp.

FOSTER CITY, CA-The developer of technology supporting pharmaceutical research extends its lease on 22,650 sf to six years and takes the remaining 19,000 sf in the building for the same term.

FOSTER CITY, CA-The developer of technology supporting pharmaceutical research extends its lease on 22,650 sf to six years and takes the remaining 19,000 sf in the building for the same term.