Globest Sectors

CHICAGO-King Sykes LLC acquires the 151,570-sf medical office at 2545-2555 S. Martin Luther King Dr., which will be fully leased by Advocate Health Center.

LENEXA, KS-The properties include buildings in the Southlake and Lenexa parks, and could fetch a "fair value" of $150 million.

FRANKLIN PARK, IL-The industrial building, which was constructed in 2002 and is 65% occupied, is being acquired from CenterPoint Properties.

SAN JOSE, CA-The mechanical contractor is relocating and expanding its operation to North San Jose from Menlo Park.

SANTA MARIA, CA-The Beverly Hills-based firm sells its 208-unit Country Oaks to a buyer based in Citrus Heights.

LAS VEGAS-Despite the region's record pace of development--deliveries this year will top 5.5 million sf--vacancy remains below optimal levels, according to a new third quarter report.

LAGUNA HILLS, CA-The Norco Planning Commission approves the development firm's plans for a 52,000-sf mixed-use project called Parkridge Business Center.

CORAL GABLES, FL-Among the issues of the second annual RealShare South Florida conference will be the flood of condominiums coming to market in the next few years.