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MIAMI-The half-acre parcel at 1025 SW Second Ave., near the city's banking corridor, sold for $1.2 million or about $56 per sf. Two years ago, the same land went for $775,000 or about $36 per sf.

CANTON, MI-The auto maker plans to produce sport-utility vehicles and pickup trucks for the North American market. The work force will total about 4,000. Analysts say the deal means Nissan's fiscal woes are over.

HOUSTON-The Morgan Group is poised to begin work on the 432-unit, the Estates at Memorial Heights, an in-fill project near Downtown. L.J. Melody has arranged a $40-million capitalization through Denver-based Amstar.

HOUSTON-Camden Property Trust expects to end the year on a high note, based on results from the third quarter. The FFO's up; revenues are too and so are occupancies--all positive signs that the tide is turning.

WALTHAM, MA-UMC chooses to open its first office on the East Coast here. The semiconductor foundry likes the area's central location as well as its booming high-tech industry.

ATLANTA-Hospitality veteran Eddie Webster will direct one of the largest groups of hotel franchisee owners in the industry. He has headed convention and visitors bureaus in Palm Springs, CA, Louisville, KY and Houston.

LOS ANGELES-Developer fills more than 185,000 sf in pair of deals valued at a combined $8.7 million.

NEW YORK CITY-DaimlerChrysler has loaned money to 39 Broadway in Manhattan to help refinance current debt and reimburse certain capital costs. The building is a Class B+ high-rise.