Business ReviewColumbia Development Cos. has proposed a 98,000-square-foot project for 12.5 acres in Albany, N.Y. The company expects to have tenants lined up by the time it applies for site plan approval for its proposed 60,000-sf medical office...

Pittsburgh Post-GazetteGiant Eagle, a grocery chain, has bid $20 million for the Latrobe, Pa., plant of Le-Nature's Inc., a beverage company that is in bankruptcy. U.S. Bankruptcy Court Chief Judge M. Bruce McCullough is scheduled to review all...

ScanlanKemperBard Cos. has paid $94.7 million for the Giftcenter and Jewelrymart, a 388,234-square-foot retail property in San Francisco. The Portland, Ore., firm purchased the two-building complex from Pacific Union Development, which had owned it since 1976. A separate...

Jacksonville Business JournalBGK Inc. of Santa Fe, N.M., has purchased Butler Pointe, a 162,528-square-foot office building in Jacksonville, Fla. The building at 4500 Salisbury Road was sold for $24.3 million by Graham & Co., which was represented by...

DLJ Real Estate Partners has paid $150.5 million for a portfolio of six hotels with 1,157 rooms from Sunstone Hotel Investors Inc.The six hotels were categorized as non-core by Sunstone, a San Clemente, Calif., REIT. Two of the...

Ventas Inc. has sold 21 skilled-nursing facilities and a long-term acute care hospital to Kindred Healthcare Inc. for $171.5 million.Kindred, a Louisville, Ky., operator of nursing centers, hospitals and institutional pharmacies, had been leasing the properties from Ventas,...

Memphis Business JournalArci-Terra Realty LLC of Phoenix has paid $3.05 million for a 19,200-square-foot retail center in the Memphis, Tenn., suburb of Whitehaven, Tenn. The property, known as Belvedere Commons, is at 5339 Elvis Presley and was built...