Globest Sectors

STAMFORD, CT-Grubb & Ellis officials say that the slowdown that has taken place in Westchester County in early 2001 is minor and that the fundamentals of the office market remain healthy.

MORAN TOWNSHIP, MI-Enhancements totaling $1.3 million to the current Mackinac Bridge viewing area will improve the observation building, pave access roads, as well as add a walking path, picnic areas and landscaped islands.

NEW YORK CITY-Buyers are fearful they will overpay if they make full-price offers, some brokers report in a Brown Harris Stevens study. The report says that the residential market peaked about a year ago.

AUSTIN-Fired Up has struck a franchise deal with a major player in the United Arab Emirate. Four UAE eateries will be opened under the pact, which had been signed on the eve of today's Johnny Carino's Nile City riverboat opening in Cairo.

CHICAGO-Two city blocks north of the Ogilvie Transportation Center will be turned into a 200,000-sf retail market by a joint venture between commuter rail agency Metra and US Equities Realty, LLC.

SAN LEANDRO, CA-A new Century 16 Theater is open at the 40-year-old Bayfair Mall here, and mall owner Heitman Retail Properties of Chicago, says the $12 million project should do wonders for mall anchors Long's Drug and Macy's.

VANCOUVER, WA-After a two-month delay to adjust plans for a larger underground parking garage, work resumed this week in the 35-foot deep hole east of Esther Short Park in downtown Vancouver. Cranes and concrete will arrive next month.

INDIANAPOLIS-The REIT's $80 million in new developments include a 128,000-sf industrial facility for Eagle Inc. in Minneapolis. First-quarter activity also includes $54 million of new third-party construction contracts.