Globest Sectors

ST. LOUIS-The two buildings, Park 270 One and Two, total 275,000 sf in the West Port/I-270 market. The men say they'll hold for three-to-five years.

SOUTH BARRINGTON, IL-The 15-year lease with the upscale movie chain brings the $200 million 600,000-sf lifestyle center to about 70% pre-leased.

BILOXI, MS-The developer plans to break ground by year's end on the 251-unit first phase of Revelay. At build-out, the project will add 380 to 390 units along the Gulf Coast.

TEMPE, AZ-Months after selling another multifamily property, Nuvida Ventures plows its 1031 exchange money into the 172-unit Paxton on Rural.

HOUSTON-The local REIT pays $8.3 million for Pima Norte, a five-building office condo project in Carefree, AZ. The 50,000 sf will be leased rather than sold as condos.

DALLAS-Grubb & Ellis and the University of North Texas collaborate on a program to create an expert global team that speaks and understands supply chain language.

BILLINGS, MT-Foursquare Properties Inc. of Carlsbad is developing Billings Town Square as a regional power retail and lifestyle center.

SEATTLE-The hospitality arm of the locally based Goodman family acquires three Fairmont-branded hotels, two in Acapulco and one in Bermuda, which will receive $70 million in upgrades.