Globest Sectors

BOCA RATON-The Renaissance Hotel completes a $9 million renovation project that began 18 months ago. The 189-room property existed as a Sheraton Hotel for nearly 20 years before Detroit, MI-based owner Trident-Allied LLC reinvented the property under Marriott's Renaissance brand.

LONDON-Vodafone has started the phased disposal of its 30 separate holdings in Newbury, Berkshire in preparation for it move into a purpose-built world headquarters on the northern outskirts of the Berkshire town.

PALM BEACH GARDENS, FL-Prison REIT Correctional Properties Trust files a universal shelf registration with the Securities and Exchange Commission. The registration statement allows the company to offer $250 million of its common stock, debt securities and warrants.

LONDON-New research from Catella shows prime West End rents have fallen 12% in six months. And the agent reports that the City market is off 8% over the same period.

DALLAS-Attorney Joe Geary challenges a 10-minute gap in a legal posting and the start of a meeting that resulted in Palladium's $43-million incentive package for its $600-million Victory project. Geary's clients want new votes by the TIF board and council.

NEW YORK CITY-Retail management technology provider QRS signs an eight-year deal at what was briefly the world's tallest building. Previous tenant iWon.com moves downstairs to the 35-story property's second floor.

WASHINGTON, DC-The recently shuttered Columbia Hospital for Women will likely be reborn as an apartment property now that the 230,000-sf facility has been put on the market.

NEW YORK CITY-Community Board One has fired the opening salvo in what promises to be a fierce battle over the proposed Edward J. Minskoff building at 270 Greenwich St. Board members say it's too big, too tall, and totally ill-conceived.