Globest Sectors

NEWPORT BEACH, CA-The locally-based company has sold the 27,603-sf facility to a company specializing in the installation and engineering of telecommunications equipment. The Inland Empire continues to attract industrial tenants, even in the face of a sluggish economy.

MONTICELLO, NY-An agreement reached Friday between Sullivan County, the St. Regis Mohawk Tribe and gaming giant Park Place Entertainment X finally has all parties focused on bringing gaming to the once famed "Borscht Belt.

CHICAGO-Property owners are beginning to offer better concession packages that include more generous tenant improvement allowances and even some rental abatement in order to remain competitive in the market.

CAREFREE, AZ-Guardian Technologies' subsidiary Palo Verde has laid out $800,000 for 100 acres in Wyoming and five acres in Colorado. One is ticketed for two equestrian ranches and the other, retail and commercial projects. Guardian's homeport is Carefree.

SIGNAL HILL, CA-Private investor F&B Properties purchased the multi-tenant industrial park from publicly traded, San Francisco-based Rreef. The eight-building Walnut Avenue Business Park was 93%-occupied at the time of sale.

LOS ANGELES-The renovation of the 70,605-sf facility is being celebrated today with a ribbon-cutting ceremony. Touted as West Hollywood's first class A office building, the property formerly housed the Playboy Corp.'s headquarters.

BELLEVUE, WA-While much of the printed word of late has focused on the gruesome situation many Eastside office building owners are facing, not enough has been said about the glorious opportunity it presents for those still able to take advantage -- and their brokers.

BURLINGTON, WA-As the retail hub of Skagit County, the small northwest Washington town of Burlington between Seattle and Vancouver, B.C. is prospering. It is attracting new developments of all types in ever-increasing numbers--and traffic problems that mimic urban snarl.