Globest Sectors

WEYMOUTH, MA-The $16.5-million, 10-year financing requires a unique approach thanks to a building expansion option.

NEW YORK CITY-Manhattan's vacancy rate drops to 4.9%--its lowest level in more than 25 years. Average asking rent increased $2.15 per sf from Q2.

EAST BRUNSWICK, NJ-The automaker will relocate from South Jersey to Boston Properties One Tower Center by the end of the year.

CHICAGO-Interra Development Partners is buying land to develop retail centers in Florida City, FL; Gilbert, AZ; Maricopa, AZ; and Murrieta, CA.

PHILADELPHIA-The Houston-based owner of gentlemen's clubs plans to rebrand the 25,000-sf adult nightclub on S. Columbus Boulevard near the sports complex.

NEW YORK CITY-Cushman & Wakefield will be responsible for leasing approximately 60% of the building's office space, or 1.5 million gross sf by 2012.

NEW YORK CITY-Following Archstone-Smith's recent closing on the acquisition by Tishman and Lehman, insiders see other REITs as potential future targets.

HOUSTON-In a half-day session Nov. 1, experts from all walks of the industry will gather to offer tips for staying ahead of the game in a booming regional market.