Transcend

WOODBRIDGE, NJ-The locally based firm also secured three retail leases in New Jersey and Pennsylvania.

NEW YORK CITY-The new company will subsume assets from Coalco New York and will focus mainly on multifamily properties.

REITs on a Run: $290M in Excel, BioMed Deals :

SAN DIEGO-Locally based Excel Trust acquires and signs contracts for $157 million in properties in five states, while BioMed signs deals for $132.9 million of San Diego properties.

Grubb & Ellis Forms Alliance with Kettler :

SANTA ANA, CA-The new strategic alliance will enable Grubb & Ellis to offer Kettler's residential property management services to its clients nationwide.

Cole Acquires Whittwood Retail Center for $84M :

WHITTIER, CA-Phoenix-based Cole Real Estate Investments buys Whittwood Town Center from the Prime Property Fund of Morgan Stanley.

Raintree Closes $25M Apt. Buy :

RIVERSIDE, CA-While the Inland Empire market has been hit hard by the downturn, this apartment asset, according to Raintree, holds a strong occupancy rate.

Plaza Advisors Closes Back-to-Back Publix Center Sales :

MIAMI-Publix-anchored shopping centers are selling fast in Central Miami, where land is scarce and population is dense.

High-End Multifamily Goes into Receivership :

SILVER SPRING, MD-Trigild, a San Diego-based company, is the receiver for the Enclave, a high-end property here.

Hialeah Business Park Sees Occupancy Jump 30% :

MIAMI-Centergate at Gratigny is getting new life, leasing 275,000 square feet this year in a recovering industrial market.

Navistar Picks Lucent Lane for $110M HQ Move :

LISLE, IL-The company is going to invest $110 million in the 1.2-million-square-foot former Alcatel-Lucent East campus, and another $95 million in other development.