NATICK, MA-Florida-based Baker Partners proposes redeveloping the 80,000-sf Lowes movie theater into a shopping center that will house an Ethan Allen, La-Z-Boy and Borders Books as well as another 18,000 to 20,000 sf of retail space.

AUSTIN-The land sale quietly went through as part of the year-end deal making in Central Texas. Seton Healthcare is planning a 451,000-sf hospital and a private developer will bring out an abutting 100,000-sf office building.

ORLANDO-Rob Miller, whose $1.1-billion World Expo Center bombed in 2001, is back on the development scene, this time offering his prime, 850-acre Osceola Trace tract near Walt Disney World to undisclosed investors.

CHICAGO-With a 21.8% vacancy rate when available sublease space is figured into the equation, rental rates for class A space are off 10% to 15% while class B and class C prices have fallen 15% to 20%, according to a fourth-quarter report by CB Richard Ellis, Inc.