Industrial

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.

SAN JOSE-The City Council decides tonight whether a citywide vote on the 20,000-worker development should occur. Opponents who gathered enough signatures for such a vote want a "yes" vote. The city's attorney says the petition is technically invalid and should be ignored.

SECAUCUS, NJ-The NY-based publisher and distributor of children's books, including the highly successful Harry Potter series, will use the space as its new information services center. Grubb & Ellis brokers arranged the deal.

REDMOND, OR-The U.S. Bureau of Land Management and the Central Oregon Irrigation District have published a notice of land exchange wherein the COID gets 254 acres here and the BLM gets 30 acres at Cline Falls on the Middle Deschutes River.

BOSTON-Recent city assessments increase the value of the land that comprises the site of the proposed new ballpark in Fenway. The team has been struggling to finance its share of the project and the increase in land values further complicates their plans.

LIVERMORE, CA-Calpine Corp. is proposing a natural gas plant near here that would supply electricity to more than one million homes in the East Bay and San Joaquin County. The company's proposal to build in San Jose was shot down last month.