Globest Sectors

NEW YORK CITY-After five years of overseeing business development at the WTCA, Robert DiChiara has been promoted to executive vice president of the not-for-profit organization. He joined the organization in 1997.

OAKLAND, CA-The City of Oakland plans to sell Preservation Park, a complex of restored houses that provides office space to nonprofit organizations, to raise money for the Forest City project.

CEDAR KNOLLS, NJ-Greenwich Home Mortgage has grown its presence to more than 18,600 sf at Geometry Realty's Cedar Knolls Corporate Center after a lease transaction arranged by GVA Williams.

LONDON-Kenmore has made its first purchases outside the UK, investing almost euro 30 million ($32 million) in standing industrial investments and a pre-let warehouse in the Ile de France Region. And it claims to have a pounds 100 million war chest to acquire a substantial French industrial portfolio.

CHICAGO-Trizec Properties Inc. president and CEO Timothy H. Callahan says the company is not ready to put the 110-story building on the market after it assumes ownership this quarter. "That doesn't mean we won't do so at some point in time," he adds.

PORTLAND-Under an agreement approved this morning by Port of Portland Commissioners, Washington D.C.-based Anton Airfood Inc. will lease 6,635 sf for 15-years, spend upward of $2 million on tenant improvements and pay rent equal to 8% of the restaurant's annual gross sales.

DETROIT-Lipschutz, with 11 years in the commercial real estate society, said he

LOS ANGELES-Britain's DMG World Media goes from tenant to part owner of the California Market Center, buying "a significant share" from the Hertz Group, which paid $90 million two years ago for the building trio in Downtown LA.