Globest Sectors

PHILADELPHIA-The city council approves a zoning change allowing the developer of 1352 Lofts to build a mixed-use complex at the southern end of Broad Street.

DALLAS-The good news is Dallas/Fort Worth's absorption is keeping pace with completions. The question is will it continue since there is roughly 16 million sf still rising.

KENDALL, FL-West Sunset Square is scheduled to open in summer 2008. The center has 59,000 sf available for lease.

ORLANDO-Market conditions prompt RP Realty to shift the 177-unit Majestic at Downtown Baldwin Park to a for-rent community.

PHOENIX-As of August, there were five hotels in the US that had LEED certification, with another 60 in the pipeline.

GLASSBORO, NJ-The financing funds the recent acquisition by partners Perseus and Quinn of the 385-unit Park Crest Village.

SECAUCUS, NJ-A.F.L. Web Printing will set up shop at a Principal-owned building to service several new New York City-based accounts.

NEW YORK CITY-Kostelanetz & Fink LLP leases space on part of the 34th floor of 7 World Trade Center, doubling its previous 7,000 sf in Midtown.