LOS ANGELES-The company acquires 106 former CarrAmerica office buildings totaling 5.9 million sf from the Blackstone Group.

GENEVA, IL-The local company is liquidating its Multi-Strategy Fund, selling off at least half of its assets to New York City-based Reservoir Capital Group.

GENEVA, IL-The local company is liquidating its Multi-Strategy Fund, selling off at least half of its assets to New York City-based Reservoir Capital Group.

OAKLAND, CA-A 475,000-sf enclosed shopping mall that went dark about 10 years ago is now lit with city and county offices. The 29-acre property also holds 140,000 sf of strip retail.

OAKLAND, CA-A 475,000-sf enclosed shopping mall that went dark about 10 years ago is now lit with city and county offices. The 29-acre property also holds 140,000 sf of strip retail.

LAS VEGAS-Chris Van der Baars is charged with spearheading the company's condo-hotel efforts, starting with the 1,100-unit Pinnacle Condominium Resort project here that it is managing for the Falcon Group.

LAS VEGAS-Despite significant construction activity vacancy held steady at 2.5% in the first three months of the year as average triple-net lease rates rose 3.5%. For the year, rates are expected to rise as much as 12% for a two-year gain of about 20%. Following Southern Nevada's unusually low pace of retail expansion in 2005—just north of one million sf was delivered--the first quarter of 2006 represented the beginning of some significant deliveries in the coming quarters. Net absorption for the quarter was 481,000 sf, up from 373,000 sf in the fourth quarter and 279,000 sf in the first quarter of 2005.

ST. PAUL, MN-Griffin Capital, on behalf of 32 individual investors, acquires the US Bank Center in St. Paul's CBD. The asset is purchased for $53.2 million from Chicago-based Hearn Co.