Globest Sectors

NORTH OLMSTED, OH-The 10-year lease with Advanstar Communications brings the three-building, 270,000-sf corporate center to 95% occupancy.

ANAHEIM, CA-The office market slows considerably from its breakneck pace of recent years, but it manages a one-cent asking rate increase despite a rise in vacancy.

SAN JOSE, CA-Sold by Divco West and Rreef, the nine-building, 600,000-sf office and retail development is 74% leased.

NORTH HAVEN, CT-Quinnipiac University purchases the 574,748-sf Blue Cross and Blue Shield campus in a sale-leaseback with Wellpoint Inc. for $39.8 million.

CONROE, TX-Woodforest Development will start infrastructure work by year's end for the first phase of a master-planned community that includes 70 acres of commercial space.

LAS VEGAS-Marriott acknowledges investing $230 million for 16 acres across from the Las Vegas Convention Center en route to a 3,500-room casino-resort with 500,000 sf of meeting space.

SAN ANTONIO-Cross & Co. maps out a plan for spec office, high-finish warehouses and pad-site sales on land that's been long ignored by the development crowd.

LOS ANGELES-Sumitomo Life Realty Inc. of New York sells the office tower on Wilshire Boulevard in the heart of Westwood to a private Los Angeles investment group.