Globest Sectors

PORTLAND-Intended uses of the incentive funds include a wide variety of expenditures, ranging from infrastructure needs (such as sewer or water extensions), to permit fees, tenant improvements and site acquisition.

METROPOLITAN WASHINGTON, DC-Multifamily lender Independence Community Bank Corp. has made plans to expand its presence to the prospering Washington, DC region real estate market.

MIAMI-Jessica Samo and Michael C. Godoy join the firm's local office as assistant general managers under its Leasing and Management Group.

BEDFORD PARK, IL-The building located on 8.2 acres at 5001 W. 66th St. will be redeveloped for use by multiple tenants after being sold by the London-based food packager for $2.35 million.

LONDON-The property portfolio of department store chain Debenhams has been revalued at pounds 425 million ($694.3 million), 30% less than the company had hoped

DENVER-An accounting and consulting firm, a sporting goods manufacturer, and a residential mortgage company have all taken Mack-Cali space in recent leases in metro Denver .

LONDON-Development Securities has secured an option to buy 10 St Bride Street in Blackfriars, near the City of London, at any time in the next five years. It could build 50,000-sf there to add to its nearby 100,000-sf Black Friars Court scheme

CORAL GABLES, FL-The Roads Professional Center LLC bought the building, part of the four-building portfolio being sold this year by the court-appointed receiver for Blissco Properties Inc., for $3.5 million.