Globest Sectors

KATY, TX-The buyer pays about $18 million for the 145-key hotels and immediately raises its flag, Extended Stay Deluxe, in the far west submarket and Sugar Land.

GULFPORT, MS-A regional developer sells the six-year-old, class A complex to RealSource Holdings LLC from Salt Lake City.

CASA GRANDE, AZ-The PepsiCo affiliate will keep 10 acres for a distribution center and Arizona Land Group gets the rest of the $5.3-million buy for development sites.

RICHARDSON, TX-Koll Development turns crews loose this week on a one-million-sf build-to-suit campus for Blue Cross and Blue Shield of Texas. Delivery is late 2009.

BEVERLY HILLS, CA-The privately held investment firm will renovate existing properties and invest in new acquisitions with the financing.

OAKLAND, CA-The latest phase of the one-million-sf redevelopment includes a 170,000-sf mixed building that will house the Jack London Market and waterfront offices.

REDLANDS, CA-The San Francisco-based company plans two new industrial projects here, both scheduled to open in 2008.

WASHINGTON, DC-Buildings in the NoMa submarket are trading at substantially less price points compared to the CBD or the East End.