SPRINGFIELD, VA—Pennsylvania Real Estate Investment Trust has purchased Springfield Town Center from Vornado.

IRVINE , CA—Revised Real Estate Nowcast shows that sale of existing homes will probably eclipsed 5 million.

DENVER—Developers have closed financing, and have selected the Hotel Indigo brand ahead of next week's groundbreaking ceremony.

NEW YORK CITY—The building at 260-272 Meserole houses multiple venues including The Wick, The Well, and The Sweatshop.

BAKERSFIELD, CA—Rosedale Village, a 222,000-square-foot retail center located at one of the busiest intersections in Bakersfield, sold for nearly $30 million in a deal arranged by Faris Lee Investments.

BOSTON—A $55 million loan for the 165,000 square foot office and retail property allowed for debt retirement and completion of business plan.

CHINO, CA—Solo Cup is taking 522,000 square feet, with a five year lease. Colliers says it is a sign that demand has increased.

PEABODY, MA—The company is leasing more than 50,000 square feet here in order to relocated its headquarters.