ORLANDO-Optium Inc. is leasing 30,000 sf at Central Florida Research Park and will be moving in July from 5,000-sf quarters near the University of Central Florida.

WALNUT CREEK, CA-The company is revealing little officially, but one inside source gives GlobeSt.com several reasons for shuttering the office. CBRE officials will reportedly service the area out of an office about 20 miles south in Pleasanton.

SCHAUMBURG, IL-This economic engine of Chicago's Northwest suburbs continues to hold out for quality development as less than 6% of its giant tax base remains undeveloped. Similar communities are advised to do likewise.

PETALUMA, CA-Construction has started on a four-story Sheraton in this community 32-miles north of the Golden Gate Bridge. The Sheraton at the Petaluma Marina is targeted to open in 2002. The Lok Group is building the 183-room, high-end hotel.