TAVARES, FL-Despite residents' objections, Lake County's planning and zoning commission gives the green light to the Reston, VA-based telecommunications provider to erect a 100-foot, $500,000 structure near the sprawling Danny Len Buick-Pontiac GMC showrooms off U.S. 441 north near Eustis, FL, 32 miles northwest of Downtown Orlando.

NEW YORK CITY-Fledgling commercial mortgage lender Bond Street Capital is about to name a managing director, and GlobeSt.com has learned that former CIBC executive Eli Hattem is a frontrunner. Bond Street, which already has $150 million in business on its books, will make Manhattan its base.

HOUSTON-The latest office market report reflects a "stable and conservative environment" in Houston, with new supply and absorption just shades apart. Overall, rents are fairly flat, but CBD owners should heed concerns or face a suburban exit.

PEARL RIVER, NY-Wyeth-Ayerst, a division of American Home Products, has expanded its presence in Rockland County with a lease for 84,000 sf of space at the Blue Hill Plaza office complex here.