Globest Sectors

MAMMOTH LAKES, CA-Fifty-two one-, two-, and three-bedroom resort condominiums here--the final release of homes in Grand Sierra Lodge, the third phase of The Village at Mammoth--are sold this week at prices ranging from $380,000 to more than $1.3 million.

DEERFIELD BEACH, FL-The general contractor, which currently is leasing space in Boca Raton, plans to relocate to the 10,000-sf building here, where the company purchased 1.4 acres for about $256,132.

WOODRIDGE, IL-The insurance company leases the entire 97,000-sf office building at 9022 Heritage Pkwy., developed by Schaumburg-based REM Builders as a build-to-suit. It was put on the market at $17.1 million.

CAMP HILL, PA-As part of the redevelopment of the 525,000-sf mall here that has been under way since Cedar acquired the property a year ago, the 14-auditorium movie complex will rise where the Giant Food Store now stands.

DENVER-As predicted by the company, third quarter results fell from the same period a year earlier. The largest apartment REIT contributes the loss to the apartment recession.

Twelve investors brought bids to the table, but a Chicago investment firm's ability to close the deal wins it title to the Alexan at Frank Lloyd Wright. The 200-unit townhouse property sells for $23 million in cash.

DENVER-Even though the corridor is seeing the most activity since April 2001, lease rates continue to fall and concessions continue to rise according to the latest report by CB Richard Ellis.

MINNEAPOLIS-Apogee will now focus on its commercial real estate construction business, for which it is a major supplier of walls and windows. Harmon has about 400 stores around the country.