Globest Sectors

GILBERT, MN-The Iron Range Resources and Rehabilitation Board, a regional economic development agency, will help Eagan, MN-based Delta Dental Plan of Minnesota finance and build a permanent 10,000-sf facility.

FORT MYERS, FL-The Florida Forever Acquisition and Restoration Council has recommended the state purchase 10,000 acres of the Babcock Ranch and place another 34,000 acres under an environmental easement that would prevent future development. In return, the Babcock family would be allowed to develop 20,000 acres. Gov. Jeb Bush and the Florida Cabinet rule on the plan Jan. 29.

LINCOLN, MA-An affordable-housing development on land near the Minute Man National Historic Park, which is owned by the state highway department, would increase the town's affordable-housing stock and make it less vulnerable to developers with comprehensive permits.

ENCINO, CA-A private partnership acquires 32,000-sf office building at 16000 Ventura Blvd. Brokerage firm NAI Capital Commercial will move into the complex next year.

SAN FERNANDO, CA-Acey Decy, which services the entertainment industry, buys a 58,000-sf industrial building here and will move its 40 workers from North Hollywood next month. The deal reflects a growing appetite for space-users in the area to own rather than rent.

ANN ARBOR, MI-McKinley Associates founder Ronald N. Weiser, developer of 20,000 multifamily units and 7 million sf of commercial space, is selected by President Bush to promote good will in Slovakia.

OVERLAND PARK, KS-The commercial real estate loan serving company will lease 133,000 sf of office space at the suburban office campus beginning in July, moving from 210 W. 10th St. in Kansas City.

DETROIT-The smaller of the two grants, $150,000, helps the local Port Authority conduct environmental investigation and limited remedial activities on 35 acres along the Detroit River on West Jefferson Avenue.