Globest Sectors

MIAMI-The highest overall vacancy rate in the third quarter in the county, 11.9%, was experienced in the Medley submarket, followed by the Miami Airport submarket, with an 11.4% overall vacancy rate, according to a new Miami-Dade County industrial report by Codina Realty Services Inc. Oncor International.

MINNETONKA, MN-Most of the closed stores will be from the Sam Goody chain as the music retailer's new owner tries to return it to profitability.

ATLANTA-In the largest multifamily deal this year, Goldman Sachs' Whitehall Fund and Korman Communities sold the 412-unit Mt. Vernon Place Apartments and the 396-unit Dunwoody Place Apartments for $110,149 per unit. Both projects are 90% leased.

HOUSTON-Transwestern Commercial Services wins the contracts for Westbridge One, a 103,835-sf, class A office building sold about three months ago. Three other brokerage houses were vying for the pacts to an 81%-leased structure on the west side of town.

SANTA ANA, CA-The 67-month deal is worth more than $2.8 million, or $4.60 per sf, for space in The Rockefeller Group's 300,000-sf building located at 2001 E. Dyer Rd. in Santa Ana.

MEMPHIS, TN-BGK Group of Santa Fe, NM acquires White Station Tower in East Memphis from Kaufman Realty Group of Atlanta. The anchor tenant of the multi-tenant property is I-bank, a Memphis-area financial institution that keeps its headquarters in the building.

DALLAS-The region gets a show of promise from an industrial market posting a quarterly gain for the first time in a year despite a year-to-date absorption that's still in the red. As for office, the best that can be said is it's "losing less blood today ... than before.

FRAMINGHAM, MA-Five tenants lease 21,964 sf of space in the Meadows at 161 Worcester Rd. on Route 9 in the the city's retail center. A broker involved says that the deals demonstrate that the MetroWest market is turning.