PROVIDENCE, RI-The Procaccianti Group of Cranston buys the state-owned Westin Providence here for $95.5 million with plans to invest another $80 million attaching a 305-unit hotel and condominium tower to the building.

PORTLAND-The family's company, Downtown Development Group, steps up efforts to market 26 parking lots--mostly half- and quarter-block parcels bordering the north end of the Downtown core--for redevelopment under a long-term ground lease or some other arrangement whereby the property remains in the family for future generations.

MONROE, WA-The City of Monroe closed escrow this week on 23 acres four blocks north of its Downtown core that city administrator Jim Southworth tells GlobeSt.com will be combined with another 41 acres it owns in the same area and used for a new regional commercial center.

SACRAMENTO-The well-leased Windsor Realty Fund III portfolio comprises 5,275 units in 16 properties in nine eastern states. The fund manager is Boston-based General Investment & Development. CBRE's Atlanta office has the disposition assignment.

SACRAMENTO-The well-leased Windsor Realty Fund III portfolio comprises 5,275 units in 16 properties in nine eastern states. The fund manager is Boston-based General Investment & Development. CBRE's Atlanta office has the disposition assignment.

LAKE OSWEGO, OR-The 114,000-sf class A office building in the Kruse Way submarket is 89% leased. Teachers Insurance and Annuity Association owns the six-story building. Cushman & Wakefield has the disposition assignment.

SAN JOSE, CA-Silver Creek Business Center is an eight-building development on 7.2 acres within Edenvale technology park, a master planned development here that covers more than 2,000 acres.

CHENNAI, INDIA-The hotel group from Hong Kong begins managing its first hotel in India, has firm plans for an additional four in the country and expects to be operating as many as eight there by the end of 2008, a company source tells GlobeSt.com.