Globest Sectors

ORLANDO-The fast-food chain paid local lawyer/investor Hyman Lake $9.38 per sf for the 48,000-sf site at South Orange Blossom Trail and Jordan Road.

TACOMA, WA-The 13.7-acre property in the heavy-industrial waterfront area here was the only such parcel that Simpson had not yet developed. The subsidiary of Seattle-based Simpson Investment Company owns about 150 acres here, including a timber mill.

NEW YORK CITY-Mayor Rudolph W. Giuliani presented his Financial Plan for Fiscal Years 2001-2005 yesterday (Jan. 25), calling for the largest capital plan for cultural institutions and libraries on record.

STAMFORD-An investment group led by the Malkin family says it took advantage of an unsettled capital-market environment and has acquired the 810,000-sf First Stamford Place office complex here from TrizecHahn.

NEW YORK CITY-Most of the 811,182-sf building, which is 99% leased, is occupied by Mellon Bank. The class-A facility earned a National Preservation Honor Award after if was renovated.

EVANSTON, IL-A smaller version of the retailer's State Street store has become 54 condos. The Evanston Galleria preserves details of the art deco building, including floor directors and trademark Marshall Field's clock.

LOS ANGELES-Hotel giant signs sweeping affiliation agreement with Mexican chain, one of Hilton's most ambitious steps yet to expand into the lucrative market.

MIAMI-The locally based developer of Internet infrastructure and provider of managed services signs a binding contract with the company's senior management to divest an operating unit for an undisclosed price.