Globest Sectors

GREENBELT, MD-WRIT gains $25 million in its sale of two buildings aggregating 350,000 sf, which it acquired for $28 million in 1996.

PHILADELPHIA-The Redevelopment Authority supports a two-building residential/retail complex called East Village for its 1.6-acre blighted site in East Falls.

BOSTON-The 202,000-sf building is seen poised for rent growth thanks to a tightening office market.

FISHERS, IN-The publisher expands back into space it had sublet in the four-story office building, Crosspoint Plaza One.

MINOOKA, IL-Opus North Corp. is starting construction on Minooka Ridge Building Two after selling the company's first spec building in the business park.

PHILADELPHIA-The city council approves a zoning change allowing the developer of 1352 Lofts to build a mixed-use complex at the southern end of Broad Street.

DALLAS-The good news is Dallas/Fort Worth's absorption is keeping pace with completions. The question is will it continue since there is roughly 16 million sf still rising.

KENDALL, FL-West Sunset Square is scheduled to open in summer 2008. The center has 59,000 sf available for lease.