REDWOOD CITY, CA-Brad Blake and Jerry Hunt of Blake Hunt Ventures and David Irmer of the Innisfree Cos. are jointly developing an 189,000-sf Downtown complex here on top of a city-owned underground parking garage.

MEMPHIS, TN-The communications joint venture of SBC Communications and BellSouth assumes a 284,000-sf lease held by SBC Services and leases another 116,000 sf of contiguous space here at Panattoni Development Co.'s Southpoint Distribution Center.

BIRMINGHAM, AL-A year after filing for Chapter 11 bankruptcy protection, the world's largest manufacturer of outdoor wrought iron furniture retains Keen Realty to sell off its 50-acre facility here in its hometown.

SEATTLE-The local office of the Washington, DC-based developer, owner and manager takes over management for 610,000 sf of retail space in two area properties, Lake Forest Towne Center and Commons at Issaquah.

TACOMA, WA-The city council next week will consider refinancing the 36,000-sf building, declaring it surplus and offering it for sale, minus the attached parking garage. The city acquired the property in 2002 for $3.7 million.

COLUMBUS, OH-Locally based Rockbridge Capital LLC and the Davidson Hotel Co. of Memphis, TN puts up $27.8 million of equity and secures a first mortgage loan of $82 million to acquire 1,286 rooms in four states.

SUNNYVALE, CA-The locally based chipmaker purchases a 168-acre campus in San Antonio, TX that includes a production-ready submicron 8-inch wafer fabrication facility.

CLEVELAND-GH Capital LLC, an Encino, CA-based multifamily real estate development and preservation firm, secures financing for the purchase and rehabilitation of a five-property Section 8 housing portfolio in Northeastern Ohio.