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VISTA, CA-Retail developer locks in second anchor tenant, with Staples inking deal for 24,000 sf in the city's downtown redevelopment area.

SOUTHBOROUGH, MA-Advance Realty Group acquires 286, 650 sf in office properties here and in Westborough. The company plans to acquire more than $500 million in value-added properties in the Northeast corridor over the next two years.

HILLSBORO, OR-With the first building already spoken for in its brand new 27-acre corporate park, the local development company is seeking permits for another three buildings, including a 40,000-sf speculative project that should break ground this year.

ALBANY-Among the recipients of nearly $1.8 million in state funding handed out by Governor George Pataki is the city of Beacon, which has secured $346,300 to help revitalize its Beacon Landing Waterfront district.

PLEASANTON, CA-Cisco buys two of the three buildings in the Lincoln Centre complex here, but is delaying a land purchase in Dublin and abandoning its search for more space in Petaluma as it prepares for an extended slowdown and some 8,000 layoffs.

CHERRY HILL, NJ-MeriStar Hospitality Corp. moves the 200-room Four Points Hotel by Sheraton to Growth Properties of Philadelphia, which quickly puts the South Jersey property under the Clarion Hotel banner.

ATLANTA-The company's chief operating officer and former head of Boston Financial Group will direct the $35 billion asset firm's global operations from Atlanta.

PHOENIX-Locally based Plaza Cos. sets plans for construction of two big medical campuses and the acquisition of a third property.