Globest Sectors

HONOLULU-Honolulu-based Alexander & Baldwin investment company divests its holdings of Airport Square in Reno, NV for $23.5

CHICAGO-In a half-dozen leases executed at the same time, an HVAC supplier represented by Cushman & Wakefield has undertaken a complex reorganization of its local distribution operations.

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.