MIAMI BEACH, FL-American Riviera Real Estate settles for $120 per sf in response to an eminent domain action over the site of a proposed regional library in this celebrity-themed city, five miles east of Downtown Miami.

MIRAMAR, FL-Hamilton Sundstrand Services acquires 85,000 sf of industrial-warehouse space and real property for $8.5 million in a deal with the aviation repair company based in this city, 16 miles north of Miami.

BOCA RATON, FL-Moody's Investors Services says its rating on locally based SBA Telecommunications Inc. reflects the company's modest capital structure and the significant tangible asset coverage available to the lenders.

MIAMI-The locally based Spanish-language radio broadcaster is issuing new senior subordinated debt, payable at 9 5/8%, to help finance an aggressive acquisition strategy.

SUNRISE, FL-Owners of industrial-warehouse properties show some signs of acceding on sale prices amid an increase in the number of available larger sites in this southwest Broward County submarket 26 miles north of Miami.

MIAMI-The locally based manufacturer pays an estimated $6 per sf to build a 232,000-sf high-tech production plant in the 106-acre Beacon Station industrial park in the northwest Miami-Dade submarket of Medley.

HOLLYWOOD, FL-The locally based commercial real estate development company readjusts the marketing strategy at two of its LightSpeed facilities as demand weakens in the South Florida market for space as pure data centers.

WEST PALM BEACH, FL-The fast-growing, locally based title company expects to reduce its settlement-services costs by licensing Internet-accessible software from Texas-based Expeditrix. West Palm Beach is 67 miles north of Miami.