LOS ANGELES—The debut of the expanded Panama Canal this weekend will gradually shift US cargo delivery “from slightly favoring the West Coast to a more even split between the two coasts,” says David Egan at CBRE.

BOSTON—The plan calls for the rehabilitation of the 5 and 6 Necco Court buildings that are currently under a binding contract of sale with The Gillette Co. a subsidiary of Procter & Gamble. The proposal also calls for the construction of a new 12-story 293,000-square-foot office building.

Expected to open in Spring of 2017, Jacksonville Station will feature 151 one- and two-bedroom luxury apartment units.