Globest Sectors

LOS ANGELES-With market-rate housing at a stand-still, work force housing advocates and developers prepare for a plan that will keep their industry afloat.

SANTA ANA, CA-The new 52,000-sf Fourth Apellate District courthouse will consolidate all of the offices for its Division Three into one building.

LAS VEGAS-Total land sales in the Las Vegas valley have come in under 1,000 acres for five straight quarters, according to a new report.

SAN FRANCISCO-The results, which came in well above analysts' estimates, are attributed to better-than-expected profitability from developments.

SAN FRANCISCO-The datacenter REIT increases its offering by a million shares and prices the shares at $39.38 apiece, which with the over-allotment option would net the company $150.5 million.

RANCHO BELAGO, CA-CB Richard Ellis says the 1.8-million-sf deal is believed to be the largest industrial lease by a single tenant under one roof ever in the US.

CHAMPAIGN, IL-The 12-building portfolio has a total of 241,198 sf adjacent to the University of Illinois and is currently 100% leased.

ROCHESTER-Telecommunications services firm Paetec is planning to build a new 500,000-sf headquarters facility at the Midtown Plaza site here.