Globest Sectors

IRVINE, CA-The The Hearn Co. and Diversified Real Estate Capital, both based in Chicago, acquire 18301 Von Karman Blvd.

NOVATO, CA-A deal with Dragnet Solutions brings the Barker Pacific Group's project at the former Hamilton Air Force Base to full occupancy.

LAS VEGAS-The $8.9-billion privatization will give Los Angeles-based Colony Capital, which also owns the Las Vegas Hilton, a 75% stake of the heretofore public gaming company.

WASHINGTON, DC-Real estate partnerships are not in imminent danger of being taxed out of existence, but the threat is growing.

SAN ANTONIO-ProLogis gets 271,000 sf and 55 acres in Tri-County Industrial Park in Schertz and Cross & Co. pockets 397,000 sf in eight buildings in Greater San Antonio.

EDMONTON, ALBERTA-GE Real Estate Canada fuels the deal by providing the investor with $25M in acquisition financing.

HOUSTON-A local buyer gets a $10-million loan to buy Greenbriar Chateau, a 40-year-old complex within minutes of Rice University, Hermann Park and Texas Medical Center.

SOUTHBOROUGH, MA-Sources say a local group could wrap up due diligence this week on Verizon's 52-acre site, where it hopes to build more than 600,000 sf of office.