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MIAMI-In the largest transaction of its kind to date, Exodus Communications Inc. is leasing 370,000 sf of telecom space for at least 10-years in LightSpeed Center at Beacon Tradeport. The park is in Miami's Airport West section near International Airport.

ORLANDO-Transportation barriers and traffic congestion in the northern sections of the city are shifting new growth and development in other directions for the first time in 30 years.

WASHINGTON, D.C-Local developer clinches old Hecht's store after more than a year of negotiations, sets up 640,000-sf office project, retail and housing.

MIAMI-Codina Group is paying $40 million or $851,064 per acre ($19.54 psf) for the 30-year-old Free Trade Zone facility and land near International Airport. The developer plans a 950,000-sf high-tech park on the site.

EAST ORANGE, NJ-The Crescent, now 38 years old, is expected to regain full occupancy once work is completed.

GRESHAM, OR-The city's 20-acre downtown development is filling up as it prepares for a soft launch in October and a grand opening in November; Eddie Bauer is the latest addition

ATLANTA-The 73-year-old, 600,000-sf Macy's downtown landmark building is changing hands but the department store is leasing back three floors for a smaller, compact retail operation.

DALLAS-West Dallas' Pinnacle Park attracts the attention of the well-known Panattoni-Hillwood development team. Team considering the purchase of 60 acres to build a 1 million-sf warehouse complex.