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PASADENA, CA-A locally based joint venture partnership has acquired two parcels in Pasadena, in a deal valued at $2.1 million. The partnership plans to build a mixed-use complex on the properties.

MINNEAPOLIS-RSP Architects Ltd. will be the single tenant of the historic Brewhouse at 1220 Marshall Street N.E., part of a 100,000-sf facility in the Sheridan neighborhood that it will redesign.

DETROIT-The MEDC announces it has given a $7 million in tax-exempt bonds to EQ The Environmental Quality Company, Wayne Disposal and Ea Resource Recovery for projects in Belleville, MI and suburban Romulus.

WASHINGTON, DC-The Urban Land Institute says while industry will go through a slowdown through mid-2002, real estate will be a defensive investment. Survey participants named Washington, DC the best for investment and Atlanta the worst.

MINNEAPOLIS-One property owner learns a 50,000-sf lesson in the loss of two tenants. From now on, his requirements will be much stricter, including financial statements and investors who sign personally for the lease.

GAITHERSBURG, MD-Scheer Partners' Biotech Services Group helped the biotech firm find the 25-acre site. The 210,000-sf facility was designed by HOK and will be constructed by Quadrangle Development Corp.

MIDDLETOWN, NJ-Jedai Broadband is subleasing the space from Globespan, which is moving its operations into a new 200,000-sf build-to-suit facility a few miles up the Garden State Parkway.

ATLANTA-The Midtown Alliance is working to produce higher customer retail perception on Peachtree Street developments but brokers tell GlobeSt.com the transformation could take at least five years.