TAVARES, FL-The one-story, 35-year-old, 13,520-sf First Union Bank building is going for $850,000 or $62.87 per sf. That's still less than building a comparable new structure to house 30 employees for $1.35 million ($100 per sf), or leasing for five years at $1.01 million at an estimated $15 per sf, county auditors feel. Tavares, Lake County's county seat, is 38 miles northwest of Downtown Orlando.

YONKERS-HudsonView Associates has purchased the former Otis Elevator building in Yonkers in a deal valued at $7.5 million. In addition, the firm has already secured 52,500 sf in lease deals at the property, GlobeSt.com has learned.

LOS ANGELES-California Gov. Gray Davis has outlined a broad plan to end the state's energy woes. His plan would give the state authority to buy or build power plants and even seize privately owned facilities if the shortage gets much worse.