Globest Sectors

NORTH HAVEN, CT-Quinnipiac University purchases the 574,748-sf Blue Cross and Blue Shield campus in a sale-leaseback with Wellpoint Inc. for $39.8 million.

CONROE, TX-Woodforest Development will start infrastructure work by year's end for the first phase of a master-planned community that includes 70 acres of commercial space.

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 with 500,000 sf of meeting space.

SAN ANTONIO-Cross & Co. maps out a plan for spec office, high-finish warehouses and pad-site sales on land that's been long ignored by the development crowd.

LOS ANGELES-Sumitomo Life Realty Inc. of New York sells the office tower on Wilshire Boulevard in the heart of Westwood to a private Los Angeles investment group.

MARICOPA COUNTY, AZ-Galaxy Development Group pays $12 million for the development site as negotiations progress with anchor prospects. Cotton Lane could start in early 2010.

BEDFORD, TX-The <i>Fortune</i> 500 company will move its long-term care division's HQ after 20 years in the same spot. A renovated Parkwood Plaza gets the nod.

NANTUCKET, MA-Starwood Chairman Barry Sternlicht is among the benefactors helping a foundation buy the historic building.