WEST PALM BEACH, FL-In the largest block of space in Boynton Beach, FL, the Schaumburg, ILL-based electronics manufacturer has four years left on a 10-year, 100,000-sf lease at Quantum Corporate Park. The company is eliminating 800 jobs in South Florida but still occupies a total 1.7 million sf in Broward and Palm Beach counties.

MIAMI LAKES, FL-Vanasse Hangen Brustlin Inc. is leasing 3,432 sf for one year at an estimated rent of $21 per sf, putting the estimated value of the lease at $74,543.

PALM BEACH, FL-The county will be paying Communities Finance Co. LLC $7 million or $1,282 per acre for one of the largest remaining undeveloped tracts in central Palm Beach County. The Nature Conservancy earned a 1% fee of $69,000 for brokering the deal.

MIAMI-Although overall vacancy rates are at 16%, up 4.6% from this time last year, Cushman & Wakefield executive Peter Harrison tells GlobeSt.com he thinks Miami will recover by next summer.

MIAMI, FL-The 68-year-old, locally based transportation company is shrinking its corporate size and no longer needs the 435,000 sf it is occupying on 40 acres in the Airport-West/Doral submarket.

SUNNY ISLES, FL-Emilio Bonilla, senior designer/vice president of the Coral Gables, FL-based architectural firm is directing interior work at the $98 million, 372-unit, 32-story Ocean Grande Hotel Resort under construction in suburban Sunny Isles, eight miles north of Downtown Miami.

MIAMI-According to a new report from Grubb & Ellis Co., the weakening economy and the Sept. 11 terrorist attacks have had minimal effect on the area's multifamily market. First-half average occupancy was 97.2%, one of the highest in the United States.

HIALEAH, FL-The 280-unit rental complex that sold for $7.95 million in 1994 now sells for almost double that price.