VANCOUVER, BC-The Toronto-based REIT acquires 2290 Cambie St., a new 149,000-sf retail center anchored by two of Canada's top retailers, Canadian Tire and Best Buy, which are on long-term leases.

VANCOUVER, BC-The Toronto-based REIT acquires 2290 Cambie St., a new 149,000-sf retail center anchored by two of Canada's top retailers, Canadian Tire and Best Buy, which are on long-term leases.

VANCOUVER, BC-The Toronto-based REIT acquires 2290 Cambie St., a new 149,000-sf retail center anchored by two of Canada's top retailers, Canadian Tire and Best Buy, which are on long-term leases.

PALO ALTO, CA-Wells REIT II's purchase of 1900, 1950 and 2000 University Ave., a three-building complex here containing 451,000 sf, is scheduled to close sometime between now and early November. The sale price could hit $306 million--$678 per sf--if the seller can lease up vacant space in the building before next May.

RANCHO CORDOVA, CA-A joint venture of JPMorgan Asset Management and Lowe Enterprises acquires the Prospect Green office campus and One Capital Center office building in this Sacramento submarket.

RANCHO CORDOVA, CA-A joint venture of JPMorgan Asset Management and Lowe Enterprises acquires the Prospect Green office campus and One Capital Center office building in this Sacramento submarket.

MONTREAL-Locally based private investor Cromwell Management acquires the 124-suite Downtown hotel with plans to convert the property into rental apartments.

SAN JOSE, CA-The Denver-based real estate private equity firm acquires a five-building 417,632-sf office and R&D development here from an entity of Menlo Equities.