Globest Sectors

ALLENTOWN, PA-The 30,500-sf building was fully leased at the time of the sale. The tenant is downsizing, and the new owner will move into the vacated half.

LAS VEGAS-Marriott acknowledges investing $230 million for 16 acres across from the Las Vegas Convention Center en route to a 3,500-room casino-resort.

TEANECK, NJ-New Jersey's top real estate executives voiced their concerns over taxes, traffic, corruption and ineffectual government at Thursday's RealShare New Jersey conference.

CAPE TOWN-Angola, Namibia and Botswana could all follow South Africa's path of modern shopping-center development, but infrastructure woes pose a problem.

PALM BEACH COUNTY, FL-The 114-unit Merry Place project and the 32-unit Midtown Delray project receive funding under a pilot work force housing program.

ISELIN, NJ-The latest tenant to sign on at Atlantic Realty's MetroTop I completes the lease-up of the 84,000-sf building.

PLAINFIELD, IN-After taking 166,000 sf of office in Carmel, IN for its headquarters, the building and roofing product company leases 225,891 sf in an Opus North facility.

NORTH OLMSTED, OH-The 10-year lease with Advanstar Communications brings the three-building, 270,000-sf corporate center to 95% occupancy.