Regional Digests

Federal Realty Investment Trust has acquired Shoppers' World, a 166,200-square-foot retail center in Charlottesville, Va. The Rockville, Md., retail REIT plans to re-develop and re-tenant the facility along Route 29, which is anchored by Whole Foods, Advance Auto and Staples...

Cincinnati Enquirer Western & Southern Financial Group Inc. has proposed constructing a 720,000-square-foot office building in downtown Cincinnati. The Cincinnati development firm is trying to pre-lease the building before construction starts. Initially, the tower was to have 37 floors, but...

Triangle Business JournalWeingarten Realty Investors of Houston is teaming up with a number of developers to build a $300 million mixed-use project in Raleigh, N.C. Weingarten has enlisted Lichtin Corp. of Raleigh to develop 150,000 square feet of office space,...

Blue Real Estate has sold a 42,422-square-foot office building at 400 S. Beverly Drive in Beverly Hills, Calif., for $16 million to Big Rock Partners. The four-story property sits on 0.28 acres along Beverly Drive. Madison Partners represented the seller.

Dayton Business Journal Foreclosure documents have been filed on MeadWestvaco Tower, the second largest office building in Dayton, Ohio. The 370,000-square-foot tower is owned by CS LLC, a New York firm that stopped making payments on the building's mortgage, according...

Business First of LouisvilleIkon Construction Group LLC is planning to break ground next week on the 100,000-square-foot Sanctuary at Eastpoint office building in Louisville, Ky. The three-story building will be in Louisville's Eastpoint Business Center, a 700-acre office and industrial...

Washington Business JournalTower Cos. plans 425,000 square feet of offices as the final part of its Tower Oaks complex in Rockville, Md. The North Bethesda, Md., developer plans to spend about $150 million to build two office buildings in the...

Blue Real Estate has sold a 42,422-square-foot office building at 400 S. Beverly Drive in Beverly Hills, Calif., for $16 million to Big Rock Partners. The four-story property sits on 0.28 acres along Beverly Drive. Madison Partners represented the seller.

The Times-PicayuneLe Triomphe Property Group is converting a 320-unit apartment complex in New Orleans into an affordable condominium development. The group is partnering with nonprofits and government agencies to offer buyers credit counseling, along with $25,000 in grants. The 20-acre...

Boston Business JournalSun Microsystems is negotiating to sell its 158-acre business campus in Burlington, Mass., for $200 million to Nordblom Co. Sun Microsystems is expected to lease back 450,000 square feet of the property, which has 800,000 sf in seven...