BELMOPAN, BELIZE-The Cendant subsidiary, which currently has 121 flags flying throughout the US and Canada, develops its first hotel outside North America here in the new capital of Belize.

NEW YORK CITY-Cushman & Wakefield's president of US operations Bruce Mosler tells GlobeSt.com he is more optimistic than most about the year ahead and says the glut of Manhattan sublease space should start easing up by mid-2003.

BIRMINGHAM, AL-Having left the market in 1990, Hilton hoists a new flag today at the former Sheraton Birmingham South, newly christened the Hilton Birmingham Perimeter Park. Flagstone Hospitality Management will manage the RFS Hotel Investors-owned property.

NEW YORK CITY-The 12-story property at 145 E. 57th St. houses gadget grotto Hammacher Schlemmer on four lower floors and office space above, while Sports Authority occupies the ground-floor retail space at 636 Ave. of the Americas.

LAS VEGAS-The entertainment/technology retailer outlines its fiscal 2004 plans at the Consumer Electronics show here. While most of the new stores will be opened in existing markets, forays into several Canadian cities are scheduled as well.

NEW YORK CITY-The firm has recruited the entire Apogee Associates operation, including principals Bart Steinfeld and Randall Zisler, to run the new unit, which will focus on raising equity and debt for developers and owners.

NEW YORK CITY-The five-building acquisition includes 36 Grammercy Park East, a residential building that new owner Maurice Mann tells GlobeSt.com is "the last remaining rental property on all four sides of Grammercy Park.

TULSA, OK-The 224,557-sf Southeast Tulsa mall is 91% occupied with long-term tenants and the Dallas investors who sold the property were asking close to $12 million. Situated on roughly 22 acres, the facility includes parking for 1,200-plus vehicles.