Globest Sectors

BLAINE, MN-The estimated $55-million Blaine Preserve is planned for mostly industrial properties and some office, up to 900,000 sf, and seven acres of service retail.

ORANGE COUNTY, CA-A newly released market report shows some progress in the industrial sector, with average asking lease rates up $.09 from a year ago.

DENVER-The 553,000-sf, 32-story tower at 633 17th St. goes to Toma West LLC of Norway.

LOS ANGELES-The $14-million agreement will keep the maker of IP performance test systems at the Corporate Center at Malibu Canyon in Calabasas through May 2013.

DENVER-Toulon Development Corp. leverages its 147,073-sf office building here and could use the proceeds for additional acquisitions, the lender tells GlobeSt.com.

SAN FRANCISCO-Average effective class A rents in the Financial District here are up approximately 23% in the past year while average class B rents are up nearly 38%, according to a new market report.

DALLAS-The merger creates rare force by teaming six MAI-designated appraisers. HSM Consulting's Mark O'Briant remains president and Tracy Smith Law becomes EVP.

PEORIA, AZ-The Southern California investment group buys the 10-year-old Northwest Garden with 1031 exchange funds from the sale of a 1953-built complex in the metro.