Globest Sectors

OAKLAND, CA-The 23-story, 500,000-sf office building will be owned and operated by one of Shorenstein's real estate investment funds and MetLife Real Estate Investments.

BOSTON-A lack of office space is sending rents upwards and tenants scrambling for options.

MIAMI-The Fort Lauderdale-based company retains JLL to market 420,080 sf of office space here. JLL also gets the call by Florida Office Property Co. to market 228,000 sf of office space in Orlando.

SAO PAULO, BRAZIL-GoldenTree is already active in the country, but plans to step up its presence in promising markets.

EAST ORANGE, NJ-Pending asbestos remediation and building demolition, Evergreen Place will bring new offices, retail and residences to two Downtown acres.

GREENWICH, CT-Leases with a local hedge fund and financial securities firm puts 100 W. Putnam Ave. 70% pre-leased after two months of marketing.

BROOKLYN, NY-The building at 483 Ocean Pkwy., which is nearly 40 years old and had never been on the market before, prompted a bidding war.

NEW YORK CITY-The company will purchase the Bailey Banks & Biddle division for $200 million, plus inventory adjustment at the time of closing.