Globest Sectors

MINNEAPOLIS-The sponsor company says leasing the older buildings is more profitable than building new in a tight market.

DARIEN, IL-The four-building property has a total of nearly 176,000 sf of office space, which is 97% occupied, and a 1.7-acre parcel of undeveloped land.

DEERFIELD, IL-In a word, the strategy is stores for the drug chain, which reports record sales and earnings for the latest full year.

BEVERLY HILLS, CA-Kennedy Wilson refinances 17 of its multifamily properties in Japan with a loan that fixes the rate and lengthens the term.

SAN FRANCISCO-The value-add apartment investor has given itself an extra year to invest the equity due in part to financial markets.

LAS VEGAS-City Center Retail lands $57.75 million in construction financing for a 95,800-sf, Hard Rock-anchored expansion of the 190,000-sf mall on the Las Vegas Strip.

PORTLAND, OR-The historic, Pietro Belluschi-designed stainless steel office tower represents the largest block of available space in the Downtown core.

IRVINE, CA-Scala Real Estate Partners plans to acquire, develop and recapitalize residential and mixed-use projects in California.