LAS VEGAS-Goodwill Industries of Southern Nevada Inc. commits to leasing 74,000 sf of office, industrial and retail space at a 14-acre multi-use development that is slated to break ground in November.

REDMOND, OR-The mobile telecommunications subsidiary of Deutsche Telekom AG acquires shovel-ready land in the Airport Business Center in Redmond for a $9-million call center that will open its doors in April 2004 and eventually employ 700 people.

GREENSBORO, NC- Sun Life Financial sells a 113,526-sf, 100%-leased office building in Greensboro for $11.5 million and acquires a 14,500-sf, 100%-leased shopping center in Fiarfax Station, VA for $5.65 million.

BRENTWOOD, CA-A group of individual developers from Marin County join forces to acquire the property and satisfy 1031 Exchange requirements. The transaction's sub-7% cap rate, a new low for the region, is an indication of "huge pent up demand for grocery-anchored projects," according to one of the brokers involved in the transaction.

SYDNEY-In response to reports that it is working with an Australia-based real estate company to form a listed property trust that would hold US retail assets, CBL announces it is "exploring a transaction that would involve the company's existing community center portfolio.

PATTAYA, THAILAND-Amburaya Resorts Co. Ltd. selects Starwood Hotels & Resorts Worldwide Inc. to manage a 156-room resort scheduled to open in October 2004 in Pattaya, 90 minutes southeast of Bangkok International Airport.

SEATTLE-City Center Retail LLC acquires The Meridian, a retail and entertainment complex that includes Niketown, Loews Cineplex, Levi's and Sega Gameworks. The property has been on the market for the past two years. The seller was Rosche Meridian Corp.

PORTLAND-A two-story, 150,000-sf store will replace the existing 121,000-sf, one-story complex at 7404 N. Interstate Ave. here. The existing store will close in phases during the fourth quarter. The new store will open for the 2004 holiday shopping season.