Globest Sectors

WALNUT CREEK, CA-The Glendale, CA-based investment advisor acquires the 201,000-sf class A office building and parking garage here from a JP Morgan Chase led entity.

DENVER-Locally based OPM management Corp. sells the 20-year-old complex to Rreef for $20.2 million.

PORTLAND, OR-The 16-story addition to Downtown will have 346,500 sf of office space and 20,000 sf of street-level retail.

SANTA ANA, CA-The locally based REIT that specializes in buildings occupied by government entities distributes $43.9 million from liquidation proceeds.

RIVERSIDE, CA-The newspaper's new 164,000-sf office building is a five-story LEED-certified facility designed by Irvine-based LPA Inc.,

FORT WORTH-Prescott Realty buys Summit Office Park from Klabzuba. A $21-million loan and $5.6 million of additional good news money seed the buyer's return to the city.

AUSTIN-East Avenue Investment Group's project will get the world's fourth Hyatt Andaz. Work begins in late 2008 on the hotel and 600,000 sf of office.

CHANDLER, AZ-NCS Pearson takes 135,460 sf of the just-completed, class A office space in the Park at San Tan for its consolidation. The move-in will be done by Jan. 1.