Globest Sectors

ONTARIO, CA-The Irvine-based investment firm now owns all three office buildings in the 322,000-sf Empire Towers development. A $17.8-million loan and $4.7-million equity partner buy the extra 145,239 sf of class A office space.

SHERMAN, TX-NewQuest Properties of Houston has the ground crew moving on a 100-acre tract to mark its inroad into North Texas. The 700,000-sf town center, situated 65 miles northeast of Dallas, is about 65% pre-leased.

NEWTON, MA-Senior Housing Properties Trust spends $61 million for 18 Alterra Healthcare Corp. properties in 10 states across the US and provides Alterra with a $6.9 million financing package. Alterra filed for bankruptcy protection in January.

SOUTH LYON, MI-More than 140 vacant acres on two parcels could become

SAN FRANCISCO-In the largest lease the CBD has seen in a couple of years, the locally based international law firm Orrick Herrington and Sutcliffe leases the top four floors of a new 10-story Downtown building developed by Wilson Meany Sullivan for Equity Office Properties.

PHILADELPHIA-Downtown office tenants, including representatives from Cigna

WASHINGTON, DC-A groundbreaking ceremony on March 6 is in the works to officially kick off the development of the 233-suite Residence Inn Marriott. The $43-million endeavor is the product of The Donohoe Cos., Hospitality Partners and Four Fires LLC.

BURBANK, CA-The 82-unit complex is near the Warner Bros. Ranch lot and NBC Studios in the Burbank Media District. The Palo Alto seller makes a profit after holding it less than 18 months.