MetLife Real Estate Investors has agreed to buy a 1.7 million-square-foot office complex in Minneapolis from joint venture partners Equity Group Investments, GEM Realty Capital, and Perennial Investments and Advisors.

The largest transactions were an office property in San Francisco and an apartment complex in New York City.

Two real estate trusts of Inland Real Estate Corp. have announced two separate deals totaling more than $1.4 billion in assets this week.

The $14.5 billion Ohio Police and Fire Pension Fund's real estate portfolio has a net return of 15.4 percent for the year ending June 30, beating its benchmark, the NCREIF Open-End Diversified Core index, by 366 basis points.

TIAA-CREF and TIAA Henderson Real Estate have raised $260 million for multifamily fund CASA Partners VI.

Rockpoint Group has closed its Core Plus Fund I with $950 million in equity commitments.

The Federal Open Markets Committee concluded its two-day session Sept. 17 and issued projections pointing to the eventual and inevitable normalization of interest rates.

The City of Tallahassee (Fla.) Pension Plan has committed $30 million to Molpus Woodlands Group to be the pension plan's first timber manager.

The Blackstone Group has agreed to acquire Messeturm, an office property located in Frankfurt.

The Organization for Economic Development & Cooperation has recommended that the European Central Bank employ more monetary support in the euro area.

Boston Properties has agreed to sell a 45 percent interest in three office buildings to affiliates of Norges Bank Investment Management for a gross purchase price of approximately $1.5 billion in cash.

Singapore private equity firm SC Capital Partners has raised $365.5 million for its pan-Asia opportunity real estate fund series, Real Estate Capital Asia Partners IV.

August's earthquake in Northern California has damage estimates of $1 billion, with as much as half of it to residential real estate, but it is unlikely to cause serious losses to RMBS.

LMIRT Management has sold Lippo Malls Kemang, a 639,134-square-foot mall in South Jakarta, Indonesia.

Hawaiian developer The Resort Group has formed a partnership with Chinese investment group Reignwood International to develop 1,100 acres of Kauai's Princeville Resort in Hanalei, Hawaii.