HONOLULU-Starwood Hotels & Resorts Worldwide Inc. has completed a roughly $230-million revitalization of four Sheraton assets in Hawaii.

MIAMI-FirstBank Puerto Rico has found a buyer for a stalled development site situated in Miami-Dade County at an 81% discount.

HIALEAH, FL-BankUnited has picked up a site on East 25th Street from a Hialeah restaurant owner to house a new branch there.

WASHINGTON, DC-Jair Lynch Development Partners is moving closer to its planned mixed-use project on H Street NE in Washington, DC.

ATLANTA-Parkway Properties Inc. has signed a contract to acquire Tower Place 200 for a price of $56 million, which translates into $216 per square foot.

CHICAGO-The Hunt Club owner is planning to demolish the Gold Coast nightspot and construct a new restaurant and nightclub there.

EAGAN, MN-Saks Inc. has leased a 28,000-square-foot space at a new outlet mall to be developed on a site close to the Mall of America by Paragon Outlet Partners.

ST. LOUIS-Mills Properties Inc., owned by Bruce Mills and Kirk Mills, has acquired a major stake in the Pavilion apartment community in west St. Louis County.