Globest Sectors

LAGUNA HILLS, CA-The commercial developer breaks ground on the first phase of its Parkside Medical Center.

INGLEWOOD, CA-The Beverly Hills-based development and investment firm signs a disposition and development agreement with city officials for the new project.

LOS ANGELES-Regulus West leases 36,041 sf at 1200 W. Seventh St. and Cornerstone Research signs for 28,604 sf at the US Bank Tower.

JONESBORO, AR-Stonemar Properties buys Bernard Court and Crossroads Shopping Center, fully leased neighboring properties with a combined 155,000 sf.

WILLIAMSPORT, MD-A long-term leased signed by Rust-Oleum will continue to add value to the building as the company is likely to expand.

SCOTTSDALE, AZ-The investment group snags the 100%-leased Raintree Office Center for its portfolio for $21.1 million, using 1031 exchange funds and assuming its debt.

PORTSMOUTH, NH-The investment encompasses three multifamily properties and 428 units constructed over a 15-year period.

THE WOODLANDS, TX-The developer plans to build a 45,000-sf medical office building and 20,000 sf of retail. Technology Plaza at Research Forest will have two pad sites.