Globest Sectors

CORAL GABLES, FL-Among the issues of the second annual RealShare South Florida conference will be the flood of condominiums coming to market in the next few years.

PHOENIX-Cornerstone Real Estate Funds buys the 96%-leased Pinnacle Park Business Center II from its developer, LaPour Partners.

SANTA FE, NM-Lowe Enterprises Investors snags the Inn and Spa for $47.5 million and plans to invest another $6.2 million to renovate rooms, meeting space and the exterior.

HOUSTON-Right Place Properties gets the 94-unit Braesforest Apartments as its inroad to the city. The rehab calls for $30,000 per door to convert it to condos.

McKINNEY, TX-The developer plans to build 440 to 460 units of its Estates brand on the site. Word on the street is work starts as soon as city officials give their nod.

NEW ORLEANS-The area is experiencing a 'post-Katrina boom,' speakers say, and the sooner retailers realize that, the quicker they will profit.

CORONA, CA-The Newport Beach-based firm buys two industrial buildings totaling 100,020 sf in a venture with GE Asset Management.

BOSTON-The 12-story, 202,000-sf property, located at 18 Tremont St., is in the Financial District near city hall and the Massachusetts State House.