Globest Sectors

WEST HOLLYWOOD, CA-The three-story building is located at 8335 Sunset Blvd. The new owner plans to refurbish the structure. Brokers on the deal say the property drew six offers in excess of the $2.6 million asking price.

LONDON-Southside Capital--a joint venture between Taylor Woodrow, Kilmartin Property Group and Bank of Scotland--has lodged a planning application for its Pound 400 million ($580 million) redevelopment of the Royal Infirmary site in Edinburgh.

CHICAGO-No homeowners would be displaced, nor additional parcels acquired under a tax increment financing proposal for an area between the 4100 blocks of Drexel Boulevard and Cottage Grove Avenue.

BETHESDA, MD-The Food and Drug Administration leases the 60,000-sf Montrose Metro Two building all for itself. The Guardian Realty development will be completed this summer and FDA staff is slated to occupy the four-story property in December.

SEATTLE, WA-A local broker who represents struggling retailers in the disposition of excess properties and leaseholds during bankruptcy proceedings talks with GlobeSt.com about the big box surplus market.

AUSTIN-Now, proponents and opponents must wait until May 23 to see if a master plan for a closed power plant gets a city OK. San Francisco-based Roma Design Group is pushing a plan for a community center to re-energize that section of town.

DENVER-The consolidation of the Rocky Mountain News and Denver Post under one roof could result in the largest Downtown office lease in about a decade. Options include the new Legacy Plaza or Denver Post Tower, which is owned by Equity Office Properties Trust.

OAKLAND, CA-OBRA, the company converting the former Oakland Army Base in Oakland for commercial use, subleases two warehouse spaces to Bay Area companies.