WALLKILL, NY-Wal-Mart will break ground on a 1.2 million-sf distribution center on Route 17K here in the spring of 2004. The project, which has been estimated to cost nearly $50 million, was put on hold by the retailer this past June.

WHITE PLAINS, NY-Westchester County and representatives of Italy's Ministry of Economy and Finance are close to signing a letter of intent that would eventually bring the nation's first Italian Trade Center to the county.

RYE BROOK, NY-The ownership of the former IBM facility at 900 King St. has already spent $2 million in improvements and has funded $10 million more to convert the 207,000-sf building into a multi-tenanted property.

STAMFORD, CT-Seaboard Properties, the owner of the Stamford Landing office park here, secured new permanent mortgage financing, according to Holliday Fenoglio Fowler officials who arranged the deal.

STAMFORD, CT-Seaboard Properties, the owner of the Stamford Landing office park here, secured new permanent mortgage financing, according to Holliday Fenoglio Fowler officials who arranged the deal.

GLASTONBURY, CT-Hersha Hospitality Trust has secured a beachhead in the New England market with the acquisition of a 40% interest in the newly opened Hilton Garden Inn Hartford South from PRA of Philadelphia.

MAHOPAC, NY-The 136,000-sf Lake Plaza Shopping Center here has been sold to a Long Island-based investor for $7.7 million, according to officials with Split Rock Capital of New York City, which arranged the financing.

STAMFORD, CT-James Fagan has become the first defection from CB Richard Ellis's local operations after its merger earlier this year with Insignia/ESG. He has joined Cushman & Wakefield as senior managing director.