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ST. PAUL-The new association, formerly associated with the Minneapolis Association of Realtors, will be an independent organization exclusively for Realtors specializing in selling and leasing commercial properties.

ROSELAND, NJ-Dealmaking is alive and well in the pharmaceutical industry in New Jersey as Organon USA buys the building for just under $50 million. The company will house up to 2,000 employees there.

LOS ANGELES-Immigration specialist Korenberg, Abramowitz has inked a 10-year, $3-million pact for 11,500 sf of office space at Washington Mutual Plaza. The firm has been headquartered in Encino for 20 years.

SAN DIEGO-Construction on a $28 million "sports resort" continues to move forward in Carmel Valley. The club is expected to open next spring and will feature sports and fitness facilities, including pools, tennis courts, exercise studios, squash courts, a basketball court and an 11,000-sf fitness center.

BRIDGEPORT, NJ-Pep Boys will consolidate its distribution operations in New York State after selling this New Jersey facility to a Boston-based institutional investor for $5 million.

LOUISVILLE,KY-The auto company provides a $5-million donation for the facility honoring the boxing legend in this city's Downtown. It is scheduled to open along the riverfront in 2003.

TROY,MI-Two former dump sites will get an $8.3-million facelift for an 18-hole Scottish-style playing course developed by Ted Wilson and Doug Treadwell of Treadwell Real Estate of Livonia, MI.

ST. PAUL, MN-The compromise proposed by Gov. Jesse Ventura breaks a stalemate that could have shut down government. Multifamily building owners will see an average of 24% reduction in taxes.