SORRENTO MESA, CA-A joint venture between Dallas-based Lincoln Property Co. and Maryland-based Artemis Real Estate Partners has paid $14.1 million to acquire Cornerstone Heights Corporate Center, a two-building office complex in Sorrento Mesa.
COPPELL, TX-Amazon.com's affiliate has inked a long-term lease with Hillwood Development Company for a 67-acre site at AllianceTexas, a 17,000-acre master-planned development in north Fort Worth, to build a new regional distribution center.
PELHAM, AL-Jebeles Investment Holdings LLC has paid $1.1 million to buy the former O'Charley's restaurant building measuring 6,650 square feet at 101 Southgate Dr. in Pelham.
NORTHERN VIRGINIA, VA-Equity Residential expects to identify a buyer for its five-property residential portfolio situated in Northern Virginia by the end of 2012.
BEAVER DAM, WI-Charleston House, an assisted living and memory care facility comprising 120 units in Beaver Dam, has been sold to National Health Investors Inc. for a price of $20.2 million.
SAN JOSE, CA-Stockbridge Capital has sold 160 West Santa Clara Street, a 15-floor office tower spanning 226,000 square feet in downtown San Jose, for an undisclosed price.
PEWAUKEE, WI-Waterstone Financial Inc.'s subsidiary, Waterstone Mortgage Corp. has leased a 55,000-square-foot building situated at N25 W23255 Paul Road in Pewaukee to house its new headquarters.
DURHAM, NC-Faison Enterprises, a real estate developer in Charlotte, is razing down the Washburn Court apartments located on Swift Avenue in Durham to build a $40 million apartment complex.