WHITE PLAINS, NY-The Lightstone Group has announced plans to undertake a major renovation of its 150 Grand St. office building in downtown White Plains, which will include an all new granite exterior facade.

ALBANY, NY-State officials announced late last week that Tokyo Electron Limited will establish a research and development center inside a $300-million complex under construction at the State University of Albany campus.

CONGERS, NY-Fischer Foods, a food distributor based in the Hunts Point section of the Bronx, will be relocating to a portion of 200 Brenner Driver, a 42,897-sf building in Congers, according to officials with Rockland Realty Corp.

YONKERS, NY-A Yonkers-based real estate investment firm has purchased the 45,000-sf Patriot Square Mall in Stony Point for $4.1 million.

WHITE PLAINS, NY-Westchester County executive Andrew Spano's proposal to study the possible takeover of the Indian Point power plants and their conversion from nuclear power to gas has prompted harsh criticism from the owner of the plants.

WHITE PLAINS-Morgan Stanley plans to relocate its Individual Investor Group headquarters from Manhattan to the former Chevron/Texaco headquarters it purchased earlier this year. The financial-services firm will also build a large trading floor and eventually house 2,200 employees there.

GREENWICH, CT-In an investment environment that he terms "insanely competitive," Scott Lawlor of Broadway Partners says his firm is looking to spend between $300 million and $500 million on new office building acquisitions next year.

ELMSFORD, NY - Mack-Cali Realty Corp. has secured more than 400,000 sf in lease deals at its suburban New York and Connecticut properties during the third quarter of this year.