BALTIMORE-The asset manager of the 10 Light St. office tower in downtown Baltimore is hoping to make decision soon whether to sell or develop the building.

CHICAGO-Thor Equities LLC has determined to sell a retail property on State Street.

ALBUQUERQUE-Franklin Plaza, situated at Central Avenue and Juan Tabo on the east side of Albuquerque, will receive a $2-million renovation.

LOS ANGELES-The Wilshire Grand hotel situated in downtown Los Angeles will be demolished to make way for an 80-story hotel.

NEWPORT BEACH, CA-Emmes Asset Management Company LLC has completed a major renovation at 4000 MacArthur Blvd., a two-building office property in Newport Beach.

SAN DIEGO-Santee-based EagleBurgmann EJS has inked a $12.5-million deal for a build-to-suit industrial building in Lakeside.

CHICAGO-A real estate investment trust from Pennsylvania has reached a contract to purchase two southwest suburban warehouses.

ST. LOUIS-Lodging Hospitality Management (LHM) will start a $15-million renovation of its St. Louis Airport Marriott this fall.