Globest Sectors

BELOIT, WI-The food supplier will consolidate four local operations into one 250,000-sf building on 124 acres at I-90 and I-43.

CLIFTON, NJ-The retailer is working on a long-term turnaround plan of improving stores and slowing new launches.

BROWNSTOWN TOWNSHIP, MI-The companies are taking space in Ashley Capital's Brownstown Business Center, at rents of $4.50 to $4.75 per sf.

CHICAGO-As part of the merger with LaSalle, Bank of America will move its commercial real estate banking headquarters to Chicago from Atlanta.

CARSON, CA-Harvard Grand Investment Inc. of Los Angeles buys the Doubletree Carson Civic Plaza Hotel in a transaction brokered by PKF Capital.

ORANGE, CA-Borrower Turner Orange LLC secures the loan for a 193,000-sf building in one of three new financings for industrial properties.

SANTA CLARA, CA-The publicly held cell phone chip maker from San Diego buys the 320,000-sf single-story campus from Irvine-based LBA Realty, which picked it up in 2005 for $46 million.

LAS VEGAS-Absorption normalizes in the face of above-average construction activity, pushing vacancy to its highest point since the turn of the century, according to a new report.