COLUMBUS, OH-The retail REIT is selling the last of its community center assets, completing a four-year effort to focus only on regional malls. The buyers are Bromont Investments (Walt Rector) of Scottsdale, AZ and San Diego, CA-based Dolgen Ventures.

SYDNEY-The agreed upon terms raise the total value of the consideration to A$3.58 per GPT unit from A$3.56 and effectively returns to GPT a $3.4-million first half performance fee recently paid to Lend Lease.

LAS VEGAS-With plans to convert the property to condominiums, a joint venture pays $49 million for a 551-unit property on 22 acres adjacent to the Las Vegas Country Club.

LAFAYETTE, CA-The Irvine-based private real estate investment company's apartment redevelopment affiliate pays about $8.5 million for a 67-unit property here, where single-family homes are expensive and the school system is well regarded.

FIDALGO ISLAND, WA-Most recently marketed at $30 million, Scimitar Ridge Ranch on Fidalgo Island will be sold to the highest bidder in an open outcry auction in September.

SAN FRANCISCO-A 36,000-sf Market Street retail property located one block from the Westfield San Francisco Centre development has traded hands for $6.4 million. The investment represents an 8.8% capitalization rate for the new owner, a locally based LLC.

SUMMERSVILLE, SC-A joint venture of Chicago-based Jupiter Realty Corp. and a Charleston, SC-based affiliate of the Piggly Wiggly Carolina Co. plan to develop Jedburg Commerce Park adjacent to Piggly Wiggly's main southeast distribution center located northwest of Summersville.

GRESHAM, OR-The Toledo, OH-based maker of fiberglass and composite materials pays $4.50 per sf for about seven acres of rail-served land at Northeast Wilkes Road and Northeast 181st on which it is developing a 50,000-sf manufacturing plant.