PHILADELPHIA—The lead developer of the redevelopment of a section of Chestnut Street here says demolition work should begin in weeks on the mixed-use venture valued at between $60 million to $70 million.

ENGLEWOOD CLIFFS, NJ—The controversy over the height of the LG Electronics USA headquarters under construction here took an usual turn as a coalition of investment funds and foundations wrote to the firm asking it to go lower.

CHARLESTON, SC—In a deal arranged by HREC Investment Advisors, the former Sheraton Charleston Airport Hotel has been sold by an affiliate of LNR Partners, LLC.

ALPHARETTA, GA—North American Properties officials say the retail component of it $600-milion mixed-use Avalon project here is 97% leased.

FAIRFIELD, CT—A joint venture of Fairfield County, CT-based Kleban Properties and Regency Centers Corp. of Jacksonville, FL has secured $78.9 million in CMBS debt in conjunction with its $150-million acquisition of a mixed-use portfolio of properties here.

BALTIMORE—While Harbor East Management Group is still working on whether to build a six-story or eight-story addition to its Four Seasons Baltimore property, whatever plan it chooses will ensure the building's status as the tallest tower in the city.

WASHINGTON, DC—Hilton Hotels Corp. is reportedly in discussions with CityCenterDC developer Hines to open a Conrad hotel in the second phase of the project.

BRANDON, FL—The Florida Medical Clinic has acquired the former Borders bookstore at 2020 Town Center here, according to CBRE, which arranged the sale.