SANTA CLARA, CA-The Washington, DC-based office REIT pays $129.7 million for the fully leased, 12-story class A office tower, saying $51.6 million of the purchase price is attributable to the above market rents that are in place for the next seven years.

BERKELEY, CA-Moroga, CA-based Mackenzie, Patterson, Fuller Inc. sells the Downtown retail, theater and office complex here to a locally based family trust for $17.2 million, according to the Marcus & Millichap brokers who had the disposition assignment.

RIDGEFIELD, WA-Having sold off all but one parcel of its 75-acre Ridgefield Industrial Park at Exit 14 from Interstate 5, the Port of Ridgefield is turning its attention to another 75-acre parcel there, this one designated for a more office-oriented Discovery Pointe Corporate Park.

WARSAW-Locally based PBK Property sells the new 91,500-sf office and residential development in the center of the city to Luxembourg-listed MaMaison Residences SA, according to Colliers International, the brokerage firm that had the disposition assignment.

SPOKANE, WA-The new owner, Marshall Chesrown, thinks he got a good price for the 77-acre chunk of prime land across the river from Downtown Spokane. Nitze Stagen, the bankrupt seller's former development partner also likes the price, but only because it is a creditor.

SAN ANTONIO-The Denver-based multifamily REIT sells two class B apartment complexes in the northwest section of the city to Irvine, CA-based Real Estate Partners, which will invest $3 million to rehab the property on top of its $16.7 million acquisition cost.

TORONTO-The family that lost most of its fortune developing Canary Wharf in London invests an additional $10 million in the locally headquartered public company, increasing its interest in the US-focused office REIT to 13%.

FRANKFURT-Locally based WCM Beteiligungs- and Grundbesitz-Aktiengesellschaft sell their entire multifamily portfolio for about euro 1.4 billion ($1.85 billion) to real estate funds advised by the Blackstone Group of New York.