Globest Sectors

DENVER-Two veteran industrial brokers are making the move from Grubb & Ellis, where they represented three of the 10 largest industrial investment sales in the area during the past three years.

CAMDEN COUNTY, NJ-The five properties, scattered around this South Jersey county, were sold by SuperValue to various private investors and local partnerships, which were not identified.

DETROIT-The former Kmart predecessor's office building is getting a $17 million fix-up to turn the 85-year-old Adams Street office building into multifamily

CERRITOS, CA-The longtime employer for the Mid-Cities area remains in the market, but changes the address. In September, Memorex consolidates several Santa Fe Springs offices for 21,480 sf of class A space at Cerritos Towne Center.

LONDON-Corus & Regal Hotels has sold the Maitland Hotel, Shandwick Place, Edinburgh to the Townhouse Group for close to the asking price of pounds 4 million ($6.7 million).

LONDON-Construction is about to begin an a residential and retail development of the Millwall Fire Station site in Byng Street, Docklands. The project will also create a new fire station to serve the Isle of Dogs area.

VICTORVILLE, CA-The Sagebrush Properties LLC affiliate of pet food maker Nutro Products and packaged foods company ConAgra plan new facilities at 5,000-acre Southern California Logistics Airport.

WEST PALM BEACH, FL-Premier has purchased 41.6 acres of land here on which to build the planned 500,000-sf, four-building retail/office/warehouse project. The sale price of the land was about $4.2 million; MIP Ventures Ltd. was the seller.