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SAN FRANCISCO-Profits through the first nine months of the year are $96.4 million, or 89 cents a diluted share, versus $53.3 million, or 49 cents a diluted share for the same period in 1999.

PHOENIX-For the first time in more than a decade, a developer will build a for-sale residential, multi-family project in the central Phoenix area, spending more than $70 million to build a 303-unit project.

ORLANDO-Roger Soderstrom is breaking ground by year end on Lexington Park Professional Office Center, a $12 million, 75,000-sf joint venture offering 19 one-story buildings from 2,800 sf to 7,200 sf.

WEST PALM BEACH, FL-The country's largest wholesale clubs operator is buying 70 acres for an estimated $7 million, or $100,000 per acre ($2.30 per sf) to build an estimated $24 million facility that would employ 300.

ROCKVILLE, MD-Washington Real Estate Investment Trust will issue notes worth $55 million to pay down its debts under its current revolving credit facilities. The 7.78% medium-term notes are due in 2004.

BOSTON-Boston Properties appoints a new CFO, Douglas T. Linde, and increases its unsecured line of credit, signaling the company's intention to further increase its portfolio through investments and new construction.

MINNEAPOLIS-City voters approve $140 total spending on libraries, while St. Paul is spending $20 million on its central library. Planning will proceed for a new planetarium.

SAN DIEGO-Locally based fast-food behemoth meets its 1999 expansion goals, while tasting record profits.