CLEVELAND-The $170.4-million purchase by Macquarie DDR Trust equates to a 7.3% capitalization rate. DDR expects to sell another three properties to its joint venture with the Sydney-based international investment bank over the next two months and many more over the long term.

SEATTLE-A local real estate company led by Mike Sauter is in the process of selling several mid-sized apartment complexes in the region and reinvesting the proceeds in larger properties in the Phoenix area.

STOW, OHIO-The Akron-based real estate developer plans to spend $100 million over the next 10 years to transform the former Goodyear mold plant here into a business campus.

STOW, OHIO-The Akron-based real estate developer plans to spend $100 million over the next 10 years to transform the former Goodyear mold plant here into a business campus.

PORTLAND, OR-The locally headquartered investment bank will leverage EUR$300 million in equity from an Irish investment bank into EUR$1 billion (US$ 1.34 billion)of US real estate.

PORTLAND, OR-The locally headquartered investment bank will leverage EUR$300 million in equity from an Irish investment bank into EUR$1 billion (US$ 1.34 billion)of US real estate.

BELLEVUE, WA-With the contractor and steel already on site and office vacancy headed for the mid single digits, Kemper Freeman tells GlobeSt.com his personal goal is to have the office tower topped out and clad when the retail and hotel portions of the 1.4-million-sf mixed-use development open in November. The project's 148 condominiums, slated for completion next spring, are already sold out.

BELLEVUE, WA-With the contractor and steel already on site and office vacancy headed for the mid single digits, Kemper Freeman tells GlobeSt.com his personal goal is to have the office tower topped out and clad when the retail and hotel portions of the 1.4-million-sf mixed-use development open in November. The project's 148 condominiums, slated for completion next spring, are already sold out.