Globest Sectors

SAN FRANCISCO-Several refurbished buildings are set to come back online this summer the heart of San Francisco's downtown business district. One of them, on Taylor Street, has been fully leased to ABM Industries. The others are actively marketing their space.

DALLAS-The infrastructure is in place and the development door is wide open for a 110-acre tract in Las Colinas. Property owner Olympus Real Estate has hired CB Richard Ellis to market the land. The first deals should close by year-end.

WALTHAM, MA-Polaroid Corp. sells its 56-acre campus here to the Davis Companies in a joint venture with Prudential Real Estate Advisors. The embattled instant photography company has been struggling to reduce its debt.

DENVER-Two apartment complexes in northern Colorado get non-recourse, high-leverage loans with a 7.25% fixed rate, a combination construction and permanent financing carrying a 40-year term with a 40-year amortization.

CHICAGO- Columbus, OH-based Pizzuti Cos. vice president of sales and leasing Bill Baumgardner says "The activity is very strong with the big-box users -- 500,000-sf or more...the quality of the companies looking has been very good.

QUINCY, MA-Massachusetts Heavy Industries' latest financial scheme to gain control of the Fore River Shipyard here is coming under scrutiny. The bankrupt company needs to raise $55 million to be able to get another chance to revive the shipyard.

ORANGE COUNTY-All three sectors of the regional economy--high-tech, tourism and construction--are expected to slow down in the second and third quarters while construction will continue to give the county an economic boost, according to a recently released economic forecast.

CHICAGO-Mayor Richard M. Daley wants the Millennial Housing Commission, appointed by Congress, to push for a 40% jump in the federal Home Investment Partnerships Program so city's such as his can build new rental housing.