Globest Sectors

SAN FRANCISCO-Allen Matkins Leck Gamble & Mallory LLP next June will move to the Boston Properties office building from 333 Bush, where its lease is up at the end of May.

LONDON-Glasgow-based LNC Property Group has paid Gerald Ronson's Heron International pounds 40 million ($70 million) for the long leasehold interest in 16 St James's St., London SW1.

ST. PAUL-The spin-off of a Swiss medical firm will start out with a small lease in Energy Park, then take on expanded space at the new biotech incubator project, which is expected to get underway early next year.

DENVER-Steve Case, co-founder of America Online, buys a 50% ownership stake in Exclusive Resorts as part of a portfolio of post-AOL investments.

SCOTTSDALE, AZ-Fierce lender competition helps Walton Street Capital to get a favorable rate on a $33.5-million first mortgage and pay down initial debt for the four-year-old, 270-room Scottsdale Marriott at McDowell Mountains.

STAMFORD, CT-Seaboard Properties, the owner of the Stamford Landing office park here, secured new permanent mortgage financing, according to Holliday Fenoglio Fowler officials who arranged the deal.

HOUSTON-Construction begins Monday on a Verizon Wireless building, a 4,305-sf design at a high-traffic intersection in the Willowbrook section of the northwest submarket. The building will deliver in the first quarter.

DALLAS-The Las Vegas-based partners, one the son of legendary Chicago restaurateur Arnie Morton, agree to an exclusive, 15-year contract in North Texas to gain a foothold for four venues in Hillwood's one-of-a-kind project, which breaks ground within 45 days.